The post Crypto Pundit Says Dogecoin Price Is Giving 2017 Vibes – Here’s What Happened In 2017 appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit Master Kenobi has remarked that the Dogecoin price is giving 2017 vibes. This presents a bullish outlook for DOGE, given the foremost meme coin’s price action in the 2017 bull cycle.  Dogecoin Price Replicating 2017 Bull Run  In an X post, Master Kenobi stated that the Dogecoin price is giving 2017 vibes, indicating that the current price action is similar to that of the 2017 bull run. This is significant because of the massive gains which DOGE recorded in that bull run. The analyst’s accompanying chart also showed DOGE recorded a huge green candle in the second quarter of that year.  Back then, the Dogecoin price rallied above $0.00350 by June, which marked a new all-time high (ATH) for the meme coin at the time. Based on the similarity between the current price action and 2017’s, DOGE could again witness another massive green candle in this second quarter and possibly rally to a new ATH soon.  Source: Master Kenobi on X Master Kenobi predicts that this would happen. In an earlier X post, he stated that once the Dogecoin price breaks above the trendline at around $0.15, it is likely to reach a new ATH within around 50 to 55 days. The analyst added that a conservative price target would be $0.90 by June 10.  Meanwhile, in another post, Master Kenobi also alluded to 2024’s Dogecoin price action, noting that there was a 100-day period from the local bottom to the local top. He remarked that DOGE is halfway through a similar timeframe. In line with this, he expects the foremost meme coin to hit a new ATH during this period, although he is uncertain if it will break $1 in the process.  DOGE Ready…

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Filed under: News - @ April 21, 2025 6:27 pm