Dogecoin Could Rally by 6,770%, According to Crypto Analyst – Here’s What Needs To Happen
A popular crypto analyst says that meme asset Dogecoin (DOGE) could surge by quadruple digits percentage-wise for one key reason.
Crypto trader Ali Martinez tells his 106,500 followers on the social media platform X that if DOGE follows a historic price pattern, the memecoin could surge to $17.76.
“Dogecoin could rally by another 6,770% if it continues to follow the ascending parallel channel pattern!”
An ascending parallel channel pattern is a bullish structure indicating that an asset is in an uptrend, printing higher highs and higher lows.
DOGE is trading for $0.31 at time of writing, up 251% in the last year.
Next up, the analyst says the (TD) Sequential Indicator is flashing a bullish signal…
