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<p>Ali, a top analyst and meme coin trader, shared insights on his faith in <a href="https://captainaltcoin.com/top-analysts-predict-dogecoins-doge-next-move-key-price-levels-to-watch/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a>. He revealed his trading strategy and the reasons behind his bullish outlook on the meme coin. Ali’s analysis suggests a price increase for DOGE, highlighting potential market movements that could benefit investors.</p>
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   <p lang="en" dir="ltr">I haven't sold one single <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOGE</a>. I've just been buying!<a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Dogecoin</a> is playing the same pattern we've seen before. It consolidates in a descending triangle, sees a 140% to 230% rally, and retraces by 56% to 60% before entering a bull run.<br><br>So now we just wait!!! <a href="https://t.co/YKtOYJd638" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/YKtOYJd638</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1816353688899969196?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 25, 2024</a>
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<h2 class="wp-block-heading" id="strong-ali-s-dogecoin-strategy-strong"><strong>Ali’s Dogecoin Strategy</strong></h2>
<p>Ali stated, “I haven’t sold one single $DOGE. I’ve just been buying!” He emphasizes Dogecoin’s recurring pattern of consolidating within a descending triangle, followed by rallies ranging from 140% to 230%.&nbsp;</p>
<p>After such rallies, DOGE typically retraces by 56% to 60% before entering a bull run. This pattern, according to Ali, has been consistent and forms the basis of his strategy.</p>
<p>In a subsequent tweet, Ali <a href="https://x.com/ali_charts/status/1816182560831009113" target="_blank" rel="noopener noreferrer nofollow">noted that Dogecoin</a> has broken out of a wedge, indicating an upside target of 44%.&nbsp;</p>
<p>This breakout suggests an imminent rise in DOGE’s price, reinforcing Ali’s prediction of substantial gains. The technical analysis provided by Ali highlights a strategic waiting period for investors, as historical patterns point towards a price increase.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/top-analyst-lists-6-reasons-why-ripple-xrp-price-will-pump/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Top Analyst Lists 6 Reasons Why Ripple XRP Price ‘Will Pump’</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-anticipated-market-movements-strong"><strong>Anticipated Market Movements</strong></h2>
<p>Ali’s confidence in Dogecoin’s future is rooted in its historical performance and technical patterns. He believes that the current consolidation phase will lead to a major rally.&nbsp;</p>
<p>“Dogecoin is playing the same pattern we’ve seen before. So now we just wait!!!” he tweeted.&nbsp;</p>
<p>Ali’s detailed analysis and bullish stance on Dogecoin offer valuable insights for investors. By recognizing and understanding these patterns, traders can make informed decisions about their DOGE holdings.&nbsp;</p>
<p>Ali’s approach to Dogecoin, based on historical patterns and technical analysis, highlights the potential for significant gains. His strategy of buying and holding DOGE reflects a calculated risk in anticipation of a substantial price pump.</p>
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<p>The post <a href="https://captainaltcoin.com/meme-coin-trader-explains-why-he-hasnt-sold-any-dogecoin-predicts-230-doge-price-pump/" rel="noopener noreferrer nofollow">Meme Coin Trader Explains Why He Hasn’t Sold Any Dogecoin, Predicts 230% DOGE Price Pump</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Meme Coin Trader Explains Why He Hasn’t Sold Any Dogecoin, Predicts 230% DOGE Price Pump

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