Dogecoin

2024

Coin

<ul class="news-points">
 <li><strong>Crypto analyst Ali Martinez sees Dogecoin following historical bullish patterns.</strong></li>
 <li><strong>Martinez forecasts a potential 1,503% increase, hitting the $2 mark.</strong></li>
 <li><strong>Multiple analysts highlight the potential for a significant rebound.</strong></li>
</ul>
<p>Crypto analyst Ali Martinez has reignited Dogecoin fervor, suggesting the popular meme coin could be primed for a major price jump. Drawing on historical patterns and technical indicators, Martinez predicts DOGE may break out of its current slump and potentially soar to new heights.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I haven't sold one single <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Later, Martinez also <a href="https://x.com/ali_charts/status/1816182560831009113" target="_blank" rel="noopener noreferrer nofollow">highlighted the potential breakout</a> from a descending wedge pattern, suggesting an upward movement for the cryptocurrency. According to his 12-hour chart, DOGE has broken out of a downtrend following its first-quarter 2024 bull rally.</p>
<p>The chart also shows two converging trend lines forming a symmetrical triangle. Martinez expl…</p>
<p>The post <a href="https://coinedition.com/analyst-sees-potential-for-dogecoin-price-to-hit-2/" rel="noopener noreferrer nofollow">Analyst Sees Potential for Dogecoin Price to Hit $2</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Analyst Sees Potential for Dogecoin Price to Hit $2

Coin Edition

Autres articles publiés le 26 juil. 2024

Senator Elizabeth Warren says foreign crypto miners are a threat to national security

Rho Markets Hit by $7.5M Hack, Attackers Demand Admission of Oracle Error for Fund Return

Ripple’s XRP Shows Potential for Significant Growth

Binance Futures Announces It Will List a New Altcoin!

Google DeepMind’s AI Hits Silver-Level in Math Olympiad

Investing in High-Growth Altcoins: Bitgert, Ondo, Dogecoin, Render, and Dogwifhat Tips from Indus...

Join our free newsletter for daily crypto updates!