Dogecoin's Third Surge Resembles Bull Market Trends from 2017 and 2021

Market Structure Analysis: Dogecoin's current price action near $0.175 mirrors its previous bull cycles from 2017 and 2021, indicating a potential third major run as traders observe repeating patterns in its monthly charts.

Cyclical Patterns: Historical analysis shows that Dogecoin's price movements have consistently followed a pattern of descending channels followed by sharp breakouts, suggesting a predictable market behavior that could lead to renewed buying pressure.

Potential for Growth: If the current market structure remains intact, analysts believe that Dogecoin's third cycle could replicate the significant price increases seen in its earlier runs, with breakout zones serving as key indicators for traders.

Technical Repetition: The ongoing setup highlights the cyclical nature of Dogecoin's price behavior, with historical data suggesting that its market timing may align with a four-year rhythm, reinforcing the potential for another bullish expansion.