A popular crypto analyst, Ali Martinez, is predicting a bullish future for Dogecoin (DOGE). He’s noticed a pattern on the weekly chart that suggests DOGE is about to take off.
Dogecoin’s History Suggests Big Gains
Martinez says that the last two times Dogecoin saw a similar pattern on its weekly chart, it experienced massive rallies of 90% and 180%. He’s excited about this potential for growth.
More People Are Using Dogecoin
The analyst is also pointing to a surge in new Dogecoin addresses, indicating more people are using the cryptocurrency. In just one week, there was a 72% increase in new addresses.
Bitcoin Might Be Turning Bullish Too
Martinez also believes Bitcoin (BTC) might be turning the corner. He’s seeing signs that the price is shifting from a bearish to a bullish trend.
Important Note: This is just one analyst’s opinion. Investing in cryptocurrencies is risky, so always do your own research before making any decisions.
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