This structure, now repeating again in 2024 and 2025, looks like the same ADX pattern observed in the months leading up to Dogecoin’s breakout from under $0.01 to above $0.70 during the last bull cycle.
Although past performance doesn’t guarantee future outcomes, the visual and structural similarity between Dogecoin’s current ADX pattern and that of 2020 is difficult to ignore. Trader Tardigrade’s chart highlights this by drawing a vertical dotted line from the ADX low in mid-2020 to the beginning of Dogecoin’s historic rally, which eventually carried the price to an all-time high of $0.7316 in May 2021. That move followed a nearly flat ADX curve, which then curved sharply upward, exactly the kind of movement now taking shape again in the present cycle.