Dogecoin's Future Tied to Ethereum's Performance

Dogecoin's future rally hinges on Ethereum's performance and Bitcoin dominance trends.

### Dogecoin Market Update: Thanksgiving Trends and Ethereum's Role
* 🌙 Good evening to the Dogecoin community, as we gather for another brief update amidst a **stagnant market** with **little new information** to share.
* 📉 Historically, there are small sell-offs around Thanksgiving, and we may be experiencing that trend now, similar to last year when Ethereum faced some volatility before **moving higher**.
* 📊 Since August, we've argued that Ethereum would reach an **overbought state in November**, which it has, based on its historical patterns of making **higher lows on the RSI**.
* 🚀 Currently, Ethereum's stock RSI indicates it's **overbought**, mirroring last year's movements, suggesting a potential **continuation of bullish trends** if it holds steady.
* 🔗 The key to Dogecoin's rally lies in **Bitcoin's dominance**; past trends show that Dogecoin surged when **Ethereum rallied** and **Bitcoin's dominance fell**.
* 📈 While some altcoins have seen pumps, they did not affect dominance significantly, reinforcing that **Ethereum is critical for any substantial movement in Dogecoin**.
* 🦙 As we approach Thanksgiving, there's a possibility of a correction, but if Ethereum consolidates, it may pave the way for **Dogecoin's bull market**, expected to **peak around March**.
* 📅 Remember, all insights shared are personal opinions and not financial advice; your support is appreciated as we aim for **65,000 subscribers**.

SIGNS ARE ON THE WALL?! DOGECOIN $2 BULLRUN PUMP in 2025 EXTREMELY CLOSE? The TRUTH about Doge to $1

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Thanksgiving Sell-offs and Ethereum's Historical Performance

Brief video recap due to lack of significant new developments.

Historical analysis suggests potential Thanksgiving sell-offs.

Last year's Ethereum experienced a minor correction around Thanksgiving before resuming upward movement.

Argument for November's overbought Ethereum, supported by historical RSI data.

Overbought Ethereum confirmed, potentially setting up for a similar move as last year.

Stock RSI and Ethereum's Importance for Dogecoin

Analysis of stock RSI (momentum indicator) shows overbought conditions, mirroring last year's pattern.

Potential correction around Thanksgiving mentioned.

Ethereum's role in decreasing Bitcoin dominance and triggering Dogecoin's rally.

Examples of other altcoins' pumps not affecting Bitcoin dominance; Ethereum is the key factor.

Review of past Thanksgiving periods, showing various market behaviors.

Ethereum's predicted price movement by the end of the bull run (March).

Ethereum's importance for decreasing Bitcoin dominance and triggering Dogecoin's bull market.

Disclaimer: Information provided is opinion-based and not financial advice.