Trader Tardigrade stated that the golden cross marked the end of the 4 month downward trend as it put the meme coin back into positive territory once again. Since the development hints at the continuation of the current uptrend, the expert has predicted a rally to the $0.56 level in the upcoming weeks.
Each cycle shows DOGE’s performance from a bear market phase to a bullish market phase. As seen in the chart, the meme coin is currently in the final part of cycle 3, which signals a substantial move to a cycle top, positioned at the $20 mark.
