Crypto analyst Trader Tardigrade has drawn the crypto community’s attention to a bullish pattern from 2021, which the Dogecoin price is replicating. This has raised the possibility of the foremost meme coin rallying to $16 in this market cycle. 

Dogecoin Price Replicates 2021 Bullish Pattern

In an X post, Trader Tardigrade revealed that the Dogecoin price has repeated a similar pattern from the 2021 bull run. His accompanying chart showed that the pattern led to a massive god candle for Dogecoin in the previous cycle. In line with this, the crypto analyst raised the possibility of DOGE witnessing another god candle that will send its price to $16.  

Trader Tardigrade remarked that DOGE would be big, suggesting that the Dogecoin price could reach this price level. On several occasions, the crypto analyst has predicted that Dogecoin could reach this price target in this bull run. Recently, he stated that between $10 and $30 would be the top for the foremost meme coin in this market cycle.  

Meanwhile, he also stated that the Dogecoin price could reach $30 by March 2025 if it mirrors the 2021 bull run. Meanwhile, Dogecoin looks to share similarities to the 2021 bull run compared to any other cycle, which suggests that it could replicate the parabolic rally recorded during that period. 

Even before the DOGE bull run began, Trader Tardigrade revealed that the Dogecoin price was flashing the same pattern that led to the 28,000% surge in 2021. This projected rally

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Author: Scott Matherson

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