Exciting news for Dogecoin (DOGE) enthusiasts! A well-known crypto trader foresees a substantial rally of over 530% for DOGE. Analyst Ali Martinez, with a significant following of nearly 60,000 on X, points out DOGE's adherence to patterns seen in previous bullish cycles. Martinez observes DOGE consolidating after breaking out from a descending triangle, reminiscent of past surges. Based on this analysis, he predicts $DOGE could surge to $1 in the coming weeks. Currently trading at $0.158, DOGE has a potential upside of 538% if it hits this target. Additionally, Martinez highlights a bullish signal from the Tom DeMark (TD) Sequential Indicator on DOGE's daily chart, suggesting potential rallies lasting from one to four days based on historical closing prices. With DOGE gearing up for potential gains, it continues to attract attention from traders worldwide.
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