{"id":7716,"date":"2025-01-15T05:02:59","date_gmt":"2025-01-15T05:02:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7716"},"modified":"2025-01-15T05:02:59","modified_gmt":"2025-01-15T05:02:59","slug":"dogecoin-price-mirrors-2021-election-inauguration-pattern-heres-what-happened-last-time","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7716","title":{"rendered":"Dogecoin Price Mirrors 2021 Election Inauguration Pattern, Here\u2019s What Happened Last Time"},"content":{"rendered":"
\n

According to Cephii, a crypto analyst on X (formerly Twitter), the current Dogecoin price action<\/a> mirrors the 2021 election inauguration pattern, signaling a potential price surge to new ATHs on the horizon. Despite declining<\/a> by more than 10% in one week, the Dogecoin price continues to strengthen amidst bearish conditions.\u00a0<\/p>\n

Dogecoin Price To Repeat Election Inauguration Rally<\/h2>\n

During the bull cycle in 2021<\/a>, the Dogecoin price rallied to new ATHs, driven by broader market adoption, political influence, and other bullish factors. Cephii revealed<\/a> on X that Dogecoin experienced a massive 1,100% pump just one week after the United States (US) Presidential inauguration in 2021. At the time, Dogecoin had eliminated one zero from its price, rising from $0.00684 to $0.0795.<\/p>\n

Sharing two parallel charts of this bullish trend pattern, Cephii points out striking similarities between Dogecoin\u2019s current price action and its behaviour in the 2021 bull cycle<\/a>. The first chart highlights two Moving Averages (MA), with the blue trend line crossing above the red, signaling potential bullish momentum for Dogecoin<\/a>.\u00a0<\/p>\n

\"Dogecoin<\/p>\n

The second chart, depicting Dogecoin\u2019s current cycle, shows the meme coin trading at $0.344 while its resistance and support zones<\/a> have been indicated through Fibonacci extension and retracement levels. The chart shows that Dogecoin is nearing a critical point at 0.414 Fib, which aligns with the historical resistance above $0.344. The other Fibonacci levels, such as 0.739 and 1.547, which correspond to the $0.7 and $1.4 price points, represent long-term bullish targets for Dogecoin<\/a> if its upward momentum continues.\u00a0<\/p>\n

\"Dogecoin<\/p>\n

Notably, the moving averages in the second chart show a similar pattern of movement. They show a bullish crossover, with the blue MA trendline crossing over the red. This price structure indicates a potential breakout scenario, mimicking the 2021 US Presidential inauguration setup.\u00a0<\/p>\n

With Dogecoin\u2019s price movement<\/a> tracking historical trends, Cephii has predicted that the meme coin could soon experience an almost identical surge to the one witnessed in the last Presidential inauguration. With Donald Trump<\/a> set to be inaugurated by January 20, 2025, speculation is brewing that this political event could once again drive a notable rally in the Dogecoin price.\u00a0<\/p>\n

How Trump\u2019s Inauguration Could Affect Dogecoin<\/h2>\n

Discussions in the crypto community are heating up as analysts predict the outlook of the Dogecoin price after Trump\u2019s US Presidential inauguration<\/a> on Monday. Reports<\/a> have revealed that investors are betting on what crypto-related words, like Dogecoin, might be mentioned during the inauguration ceremony.\u00a0<\/p>\n

On the other hand, many believe<\/a> that this inauguration day could be a historical moment for Dogecoin<\/a>, fueled by bullish sentiment and the creation of Elon Musk\u2019s Department of Government Efficiency (D.O.G.E). With Musk\u2019s influence, Trump\u2019s support, and the growing enthusiasm surrounding Dogecoin, many hope<\/a> this event could spark renewed momentum in the meme coin\u2019s price.<\/p>\n

\"Dogecoin<\/div>\n","protected":false},"excerpt":{"rendered":"

According to Cephii, a crypto analyst on X (formerly Twitter), the current Dogecoin price action mirrors the 2021 election inauguration pattern, signaling a potential price surge to new ATHs on the horizon. Despite declining by more than 10% in one week, the Dogecoin price continues to strengthen amidst bearish conditions.\u00a0 Dogecoin Price To Repeat Election […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7716","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7716"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7716\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}