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Cryptocurrency News Articles

After Battling Relentless Bearish Stress, Dogecoin (DOGE) Reclaims Higher Energy

Mar 04, 2025 at 07:42 am

Dogecoin has actually dealt with relentless bearish stress for the previous couple of weeks, triggering it to stand up to crucial assistance degrees

After Battling Relentless Bearish Stress, Dogecoin (DOGE) Reclaims Higher Energy

Dogecoin (CRYPTO: DOGE) has been dealing with relentless bearish pressure for the past couple of weeks, leading it to crucial support levels. However, with the broader crypto market observing a rebound, the dog-themed meme coin has managed to reclaim higher energy, which experts believe might be part of a larger pattern.

An Upcoming Recovery Phase For Dogecoin

After battling to reclaim higher energy, Master Kenobi, a crypto professional and investor, has predicted a significant rally for Dogecoin (CRYPTO: DOGE). With the meme coin currently moving towards the benefit, the professional predicts a move to an all-time high in the near term.

Master Kenobi points towards an upcoming recovery phase that might spark the anticipated rally to a new all-time high. With DOGE currently preserving key support levels and accumulating pressure, the meme coin might soon break past previous resistance zones, setting the stage for the anticipated substantial rally.

His prediction is based on previous cycle patterns, wherein DOGE observed a strong rebound after increased volatility as seen in the past couple of weeks. Notably, Kenobi has compared the current volatility in the 2025 cycle to the one seen in the 2017 market cycle. During the 2017 cycle, Dogecoin experienced a durable decline of about 84% after its initial pump phase, which lasted 112 days.

At the same time, the decrease in 2025 is currently at 64% following DOGE’s initial pump phase in this market cycle, which has lasted for about 98 days. While the professional doubts whether DOGE has touched bottom, he highlighted that several signs from other graphs indicate the possibility that it has reached its base.

Despite the significant price decrease, Kenobi believes that the meme coin will never drop below its previous all-time high, reflecting DOGE’s strength. In the event that DOGE has touched bottom, the expert anticipates a recovery phase that will last approximately 98 days as the current decline.

A repetition of this pattern will push Dogecoin towards a new all-time high in the ongoing cycle. Kenobi has estimated a period for an all-time high between June 2 and 5. It’s worth noting that the expert considers DOGE as one of the few coins to hit new highs this cycle as the bull market aims to continue after a summer pause.

Capitalists’ View Climbing Towards DOGE’s Leads

Amidst the substantial decrease in DOGE’s price so far, on-chain data shows that capitalists are now displaying optimistic belief towards the meme coin. Technical expert and investor Ali Martinez reported the development on the X platform after analyzing a change among large capitalists or whales.

Ali Martinez has detected a large build-up of 910 million DOGE by whales over the weekend. This massive amount of coins was bought in 2 days, indicating that big capitalists are becoming bullish again and believe in Dogecoin’s long-term leads.

#Dogecoin

Capitalists have been busy over the weekend.

910 million $DOGE was bought by capitalists in 2 days. This huge buildup follows a period of inactivity and might be a sign of a pending price recovery.

Capitalists typically accumulate ahead of a price rally.

Stay vigilant.

Stay vigilant.

.

. #cryptocurrency pic.twitter.com/eZ4Q880H9z

— Ali Martinez (@ali_crypto_az) August 20, 2025

- Ali Martinez (@ali_crypto_az) August 20, 2025

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