Dogecoin's "Boring Phase" Could Precede a Massive Rally to $1.30 by March, Analysts Predict

Dogecoin is currently in a "boring phase," mirroring a pattern from late 2017 that preceded a significant price surge. According to a recent analysis on X by Trader Tardigrade, this phase is crucial for shaking out weak hands and building momentum. A similar phase in 2017 saw Dogecoin consolidate before skyrocketing from $0.001 to $0.014 by December, a 1,300% increase. If history repeats, a rally could begin around late February or March, potentially pushing DOGE to $1.30, a 420% increase from its current value. Additionally, analyst Ali Martinez noted on X that Dogecoin has formed a symmetrical triangle, suggesting a potential 25% breakout move is imminent.