Dogecoin Price Momentum Oscillator Drops To Levels That Triggered Previous 21,000% Rally

Crypto analyst Trader Tardigrade has drawn attention to a previous pattern that formed for the Dogecoin price just before it recorded 21,000% rally. Based on this, he raised the possibility that the meme coin may be preparing for another parabolic rally despite the recent downtrend. Dogecoin Price Momentum Oscillator Decline Points To Parabolic Rally In an X post, Trader Tardigrade highlighted the Dogecoin price weekly chart, while noting that the Price Momentum Oscillator (PMO) has dropped to levels that triggered past rallies. DOGE notably surged 21,000% between 2015 and 2018 and 800% between 2022 and 2024, when the PMO declined to its current levels source: https://www.newsbtc.com/news/dogecoin/dogecoin-pmo-drops/