Dogecoin

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 A closely followed crypto analyst believes that Dogecoin (DOGE) could hit a huge price target if the memecoin repeats a historic pattern.
 Crypto strategist Ali Martinez tells his 56,000 followers on the social media platform X that the dog-themed digital asset could soar by 5,900% from its current value.
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 “I feel my fellow DEGENs have been distracted with the new shiny memecoins, but Dogecoin remains the most important altcoin in this sector. From a technical perspective, DOGE seems to mirror the 2018-2021 pattern. If so, DOGE could be at the very beginning of a massive parabolic bull run!”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GKBSvYWXwAAf7fp?format=jpg&amp;name=4096x4096" alt="Image" width="2208" height="1471">
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 Source: Ali Martinez/X
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 Dogecoin is trading for $0.20 at time of writing, down 6.5% in the last 24 hours.
 Next up, the analyst says that Ethereum (ETH) seems to be in a bullish uptrend based on the high level of network transactions being made by deep-pocketed investors.
 “Despite the Ethereum price correction seen over the past few weeks, ETH whale transactions are on the rise – a bullish indicator for future ETH price movements!”
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 Source: Ali Martinez/X
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 Ethereum is trading for $3,507 at time of writing, down nearly 4% in the last 24 hours.
 Lastly, the analyst says Bitcoin (BTC) may be printing a price pattern similar to the recent performance of the Nasdaq.
 “Doesn’t Bitcoin (on the right) look like the Nasdaq (on the left)?”
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 Source: Ali Martinez/X
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 Looking at his chart, the analyst suggests Bitcoin could be trading at around $94,000 before June.
 Bitcoin is trading for $67,115 at time of writing, down more than 6% in the last 24 hours.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-could-hit-astronomically-high-price-target-if-doge-repeats-2018-2021-pattern-crypto-analyst-tbt84286.html">https://thebittimes.com/dogecoin-could-hit-astronomically-high-price-target-if-doge-repeats-2018-2021-pattern-crypto-analyst-tbt84286.html</a>

Dogecoin Could Hit Astronomically High Price Target if DOGE Repeats 2018–2021 Pattern: Crypto Analyst

TheBitTimes

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