#DOGE may rebound after pullback#

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Overview

Dogecoin (DOGE) has recently experienced a 46% pullback, and analyst Ali Martinez has observed that during the previous bull market cycle, DOGE began its second leg up on the week of January 25, 2021, after experiencing a 56% price correction. If history repeats itself, DOGE's next leg up could begin as early as next week.

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Analysis

Analyst Ali Martinez notes that Dogecoin (DOGE) began its second bull run on the week of January 25, 2021, after experiencing a 56% price correction during the previous bull cycle. In recent weeks, DOGE has undergone a 46% correction. If history repeats itself, the next bull run could begin as early as next week. This view is based on DOGE's second bull run starting on January 25, 2021, after a 56% price correction. Currently, DOGE has already experienced a 46% correction, so if history repeats itself, the next bull run could be around the corner.

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DOGE historically has a trend of rebounding after pullbacks.

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DOGE experienced a 56% pullback on January 25, 2021, and then started its second round of rally.

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DOGE has recently experienced a 46% pullback.

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If history repeats itself, DOGE could start its next round of rally next week.

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