Trader Predicts Major Bull Runs for Dogecoin (DOGE) Based on Past Price Trends
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- Cryptocurrency analyst Ali Martinez predicts a potential rally for Dogecoin (DOGE) based on its current price behavior.
- Martinez observes that DOGE has broken out of a descending triangle, a pattern that previously led to significant price surges.
- He also notes similar bullish behavior for Shiba Inu (SHIB), the second-largest memecoin by market cap.
Crypto analyst Ali Martinez predicts a potential rally for Dogecoin and Shiba Inu, based on their current price patterns. This article delves into his analysis and what it could mean for these popular memecoins.
Dogecoin Exhibits Bullish Behavior
Ali Martinez, a well-known cryptocurrency analyst and trader, has noted that Dogecoin’s price is showing patterns that it has displayed before major rallies. He informed his 61,200 followers on social media that DOGE broke out of a descending triangle earlier this year, a pattern considered bullish if the price breaks out above the upper trend line.
Historical Patterns Indicate Potential Rally
Martinez points out that Dogecoin exhibited similar price behavior in Read the full article for FREE at COINOTAG!
