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Dogecoin · DOGE/USDT · daily

What happens to Dogecoin after a 100% rise in 30 days?

Since 2019, Dogecoin has shown a 100% rise in 30 days 22 times. In the 22 cases old enough to score, the price was higher 7 days later 55% of the time, with a median move of +0.1%. On an ordinary day the median 7-day move for DOGE is −1.0%.

No better than chance14

Once you allow for how many studies were run, a gap this large is luck about 91% of the time, so this signal has told you nothing reliable about the following week.

Cases since 201922last on 7 Dec 2024
Higher after 7 days55%ordinary: 45%
Median 7-day move+0.1%ordinary: −1.0%
Could be luck91%allowing for 3,572 studies
Worst / best case−40% / +152%over 7 days
Median path after the signalMiddle half of casesOrdinary DOGE drift
−50%−40%−30%−20%−10%0%+10%+20%+30%+40%+50%+60% -5dsignal+7d+14d+30d
Price change relative to the close on the signal day. Based on the 22 cases with a full 30 days of history after them.

By holding period

AfterCasesHigherMedian moveMiddle halfOrdinary medianGapBy luckProof score
1 day2245%−1.1%−6.6% to +2.5%−0.1%−1.0%39%18
3 days2241%−2.6%−8.8% to +14.5%−0.4%−2.2%39%45
7 days2255%+0.1%−11.3% to +23.0%−1.0%+1.0%91%14
14 days2250%+0.8%−15.5% to +19.8%−1.5%+2.3%86%15
30 days2250%−1.8%−13.2% to +32.1%−2.5%+0.7%98%12

“Ordinary median” is the median move of DOGE over the same number of days starting from any day. “Gap” is the signal's median minus the ordinary one. “By luck” is how often a gap at least that large comes from randomly chosen days, corrected for the 3,572 studies run at each holding period (for this study taken alone: 61%).

Holding it for 7 days

Typical dip on the way−18.9%ordinary DOGE: −6.9%
1 case in 4 dipped past−31.5%before day 7
Fell 10% or more on the way68%ordinary: 35%
Typical best point+13.6%highest price within 7 days
Median after costs−0.2%ordinary: −1.3%
Ahead after costs45%ordinary: 44%

Dips and best points use each day's low and high, measured from the close on the signal day. Costs assume 0.3% for a round trip: a 0.1% exchange fee each way and 0.05% slippage each way.

Did it hold up over time?

Splitting the cases by date: in the earlier 13 the gap over 7 days was −2.3%, and in the later 9 it was +3.2%. The direction changed, which is what a pattern produced by chance tends to do.

Every occurrence

One square per occurrence, oldest first. Green: higher 7 days later. Red: lower. Grey: not yet 7 days old.

DateClose+1d+7d+30d
7 Dec 2024$0.4528+3.0%−12.0%−14.4%
30 Nov 2024$0.4216+4.5%+7.4%−25.5%
23 Nov 2024$0.43020.0%−2.0%−24.5%
16 Nov 2024$0.3642+0.8%+18.1%+10.4%
9 Nov 2024$0.2189+26.9%+66.4%+89.1%
24 Mar 2024$0.1765−0.7%+24.6%−9.5%
11 Mar 2024$0.1820−7.6%−21.1%+9.7%
4 Mar 2024$0.1820−15.9%0.0%−3.7%
29 Oct 2022$0.1218−3.3%+2.2%−21.9%
12 May 2021$0.3916+25.0%−15.9%−18.6%
5 May 2021$0.6540−11.2%−40.1%−42.5%
28 Apr 2021$0.3231−5.7%+102.4%−3.7%

The 12 most recent. All 22 are in the open data file.

The rule

Close at least 100% above the close 30 days earlier.

Occurrences closer than 7 days to the previous one are not counted again. The signal is confirmed at the daily close (00:00 UTC) and returns are measured from that close. Full method.

The same signal on other coins

CoinCasesHigher after 7dMedianGapVerdict
Fetch.ai3370%+10.3%+11.5%Strong evidence · leans up
Axie Infinity2665%+8.9%+10.2%Strong evidence · leans up
Solana2374%+14.2%+14.5%Some evidence · leans up
THORChain2268%+8.7%+9.1%Some evidence · leans up
Injective2857%+6.8%+6.9%Weak evidence
Horizen2348%−3.3%−2.6%Weak evidence
Avalanche2148%−2.5%−1.8%Weak evidence
Stacks2236%−2.3%−1.6%Weak evidence

100% rise in 30 days across all 94 coins

Other Dogecoin signals

Full Dogecoin record

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