The Dogecoin price is currently in a 'Boring phase' according to analysts, which is not necessarily bad news but could be a precursor to a potential price rally.
A recent analysis suggests that Dogecoin's current boring phase is similar to the one observed in late 2017, which was followed by a significant price increase.
The expected price rally for Dogecoin, based on historical patterns, may start around late February and March, potentially pushing its value above $1.3.
The Dogecoin price has also formed a Symmetrical Triangle and could potentially initiate a 25% breakout move if it breaks above the pattern, despite market volatility.