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!” Source: Ali Martinez/X 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 for the decentralized oracle project Chainlink (LINK). Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their previous nine or 13 bars or candles. “The TD ...