Dogecoin, a popular meme cryptocurrency, has historically performed well in January, with an average return of 83.9% over the last decade. This January shows promise for a big rally, as DOGE closed December at its highest price since 2021 and the latest monthly candle closed above a key support zone. However, not all Januaries have been good for Dogecoin, with a median return of -3.86%. The risk of a drop is still present, so investors and enthusiasts are balancing optimism with caution. Overall, it is unclear whether Dogecoin will continue to rise or decline, but studying its past performance can offer insights.



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