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Dogecoin Price Cycle: Key Support Levels and Market Trends for 2025
Dogecoin has seen major volatility, with strong price rallies followed by sharp price drops. Recent market trends show the importance of key support levels and typical retracement habits, making it a stock of interest to traders. Repeated market pullbacks and bullish bulls According to Trader Tardigrade's analysis, Dogecoin has undergone three corrections since October 2022, namely: a 64% correction from October 2022 to June 2023, followed by a 300% spike; the next 64% correction from March 2024 to August 2024, followed by a 500% increase; and a 66% adjustment from December 2024 to March 2025.
Each cycle has the same pattern—a rush rally followed by a correction before stabilizing Dogecoin's resilience after these losses suggests an inherent growth pattern driven by volatility. If this pattern remains the same, Dogecoin could experience another bull run after March 2025, potentially pushing to new highs or establishing stronger long-term support. Long-term support trendlines remain key The Dogecoin price is constantly reacting to the long-term support trendline, which is highlighted in Trader Tardigrade's analysis. This trendline has triggered bullish buying whenever the price approaches it, indicating strong demand at these levels.
Tracking market behavior, Dogecoin bounced off this support line before the start of the uptrend. These rallies led to new highs before the correction. Recent moves suggest that Dogecoin is retesting this level, which is marked by a green circle in the analysis. If the trend of the past remains the same, this could be another comeback. If Dogecoin sustains above this critical level, it will stabilize and maintain its upward momentum. If it drops below, it is likely to cause a long-term bearishness. The trend line continues to serve as a mandatory guide for traders who are waiting to see Dogecoin's next move, giving them some idea of what will happen in the future price way.