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 $2 mark.</strong></li>
 <li><strong>Multiple analysts highlight the potential for a significant rebound.</strong></li>
</ul>
<p>Crypto analyst Ali Martinez has reignited Dogecoin fervor, suggesting the popular meme coin could be primed for a major price jump. Drawing on historical patterns and technical indicators, Martinez predicts DOGE may break out of its current slump and potentially soar to new heights.</p>
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   <p lang="en" dir="ltr">I haven't sold one single <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$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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<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

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