Over the weekend, the cryptocurrency market has shown a slight cooling after a successful week, with Ethereum taking the lead.
Ethereum's 19% Rise
Ethereum (ETH) has increased by 19% over the past week and is trading near $3,550, powered by a bullish market sentiment.
Predictions for Dogecoin
Dogecoin (DOGE) has rallied by 23% in the past seven days, with impressive 30-day gains at 43%. A familiar fractal structure seems to be emerging on long-term charts, similar to what was observed before its historic rally in 2021.
Future of Dogecoin and What to Expect Next?
If historical patterns hold, a breakout above the trendline on the DOGE/BTC chart could trigger a significant move back to previous all-time highs, with the potential to revisit the $0.74 mark.
The positive trends in the cryptocurrency market, including Ethereum and Dogecoin, highlight potential growth and interest in memecoins, which may lead to new historical highs.
