The Dogecoin price is down by 9% in 24 hours, but it is in a good place to reverse these losses soon.Dogecoin is on track to close November above the previous highest monthly close level, which historically has led to a stronger rally.Whenever Dogecoin has closed above its highest monthly close in the past, it has gained more than 1,000% in just a few months.If history repeats itself, Dogecoin could see a surge between 1,000% and 8,000% in the coming months.