Is Dogecoin Price Ready to Hit $4 After This Historic Signal?

Historic Signal Promises $4 Dogecoin Price by March 2025

Dogecoin was created in 2013, unfortunately missing the 2012 Bitcoin halving. But it nevertheless enjoyed some of the pump that followed the halving. However, moving forward, DOGE has displayed exemplary performances following Bitcoin halvings:

2nd Halving (July 9, 2016): 231 days after this halving, the price surged by approximately 8,000%, marking the start of a massive bullish run.

3rd Halving (May 11, 2020): DOGE price experienced an even more remarkable 23,000% rise 192 days after the halving, peaking during the 2021 bull run.

4th Halving (April 20, 2024): DOGE price broke out 156 days after the halving, suggesting the 2025 Dogecoin bull run cycle has begun. Given past trends, a significant price movement could follow.

Using a Fibonacci tool to estimate the price increase, we can see that the price retraced deep into the 0.785 fib levels, but it is headed up now. If the buying pressure persists, Dogecoin price may surge to the 4.236 fib extension level, which coincides with $3.95.

Additionally, the DOGE bull run lasted 294 days in 2017 and 168 days in 2021. The average of these durations is 231 days. 22 days have already elapsed since the DOGE price broke out, meaning the meme coin has about 210 days to hit the top. This puts the timeline around May 16, 2025.

Follow Us

Like / Share

Comment

Repost