Dogecoin May Mirror XRP’s Multi-Year Stagnation

• A recent analysis draws parallels between Dogecoin ($DOGE) and XRP, hinting that DOGE might be heading into an extended consolidation phase similar to what XRP experienced between 2018 and 2020.

• The comparison highlights how both coins experienced massive rallies during bull markets, only to enter multi-year periods of flat price action. Currently trading around $0.17, Dogecoin could potentially face years of sideways movement, echoing XRP’s post-2017 peak behavior.

• Looking at weekly charts, the pattern is striking: explosive parabolic runs followed by extended low-volatility ranges. For Dogecoin holders, this suggests another lengthy period of stagnation might be ahead unless fresh catalysts emerge — whether that’s new liquidity, ecosystem growth, or a revival of retail enthusiasm.

• These consolidation phases are typical in crypto markets, giving fundamentals and sentiment time to reset. Still, DOGE is trading significantly higher than pre-2021 levels, showing stronger support and a more mature market foundation than in earlier cycles.

• Whether Dogecoin actually repeats XRP’s extended pause is anyone’s guess, but the comparison offers a valuable reminder: in crypto, patience often distinguishes long-term winners from those constantly chasing the next pump.

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Source: Charting Guy