NewsBTC •
May 5, 2026 at 01:00 •
Analysis
A crypto expert has highlighted a recurring pattern on the Dogecoin (DOGE) price chart that led to its historical 2020 price rally. At the time, the DOGE price had skyrocketed by more than 26,000%, turning many early investors into millionaires in just a few months. Now, with the current chart structure repeating the same pattern, the analyst believes that Dogecoin may be preparing for another historic rally, this time to a $2 price target. Dogecoin Price Repeats Historic 2021 Bull Run Pattern In one of his latest Dogecoin analyses on X, market analyst Crypto Patel stated that DOGE is currently sitting within the same strong accumulation zone from 2021 that sent its price to an all-time high. He marked this zone at around $0.10, noting that Dogecoin traded around thi...