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Dogecoin's Real Bull Run Has 'Not Even Begun Yet,' Says Trader As Memecoin Battles Stagnation

Dogecoin (CRYPTO: DOGE) has failed to advance consistently in recent weeks, but a popular cryptocurrency trader believes the “real” bull run for the popular dog-themed coin is yet to begin.What Happened: On Wednesday, Kevin shared his views on the long-term prospects of the world’s largest memecoin. They stated that the monthly Relative Strength Index and Moving Average Convergence Divergence are not close to their macro targets. He also noted that Dogecoin’s current price structure mirrors previous cycles on a monthly timeframe. “The real Dogecoin bull run has not even begun yet,” the trader remarked. They forecast a cycle peak in the first quarter of 2025 or earliest in December based on historical analysis.Full story available on Benzinga.com

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Published by: benzinga

Read full article here: https://www.benzinga.com/markets/cryptocurrency/24/08/40089232/dogecoins-real-bull-run-has-not-even-begun-yet-says-trader-as-memecoin-battles-stagnation