Dogecoin (DOGE) has less than four days to make history in 2024. The cryptocurrency has historically seen a monthly growth average of 22.2% in December, but this year it is down by 23%. To align with its historical growth figures, DOGE needs to experience a massive rally of about 50%. Analysts believe there is a possibility of a last-minute surprise as DOGE registered growth of 161.5% in November. However, a 50% rally remains a challenge, and investors' confidence has been dampened by price fluctuations. Nonetheless, DOGE has rebounded from its previous low and is currently trading at $0.3202. To revive optimism, it needs to breach the 50 EMA at $0.36. December has historically been a notable month for DOGE, and there is hope it could attain its average growth rate.
- Content Editor ( u.today )
- 2024-12-27
Dogecoin Price Has One Last Chance to Repeat History