Ali Martinez Predicts Significant Rise for Dogecoin.

Crypto strategist Ali Martinez recently announced that Dogecoin (DOGE) could experience a notable increase. In his statements on the social media platform X, Martinez emphasized that DOGE still has considerable growth potential relative to its current price levels. He particularly pointed out that technical analyses and public interest indicate this potential.

Public Interest and Technical Analysis Support Dogecoin.

Martinez stated that the public interest in Dogecoin is being analyzed through Google search trends. He noted that the current level of interest has not yet peaked, which he sees as a positive sign for DOGE. "DOGE has not yet reached its peak in public interest. This indicates a wide field for growth," he remarked.

In technical analysis, it was observed that DOGE is forming a bullish flag pattern on its hourly charts. According to Martinez, this pattern may signal that DOGE could surpass its all-time high of $0.74. He stated, "Dogecoin has formed a bullish flag. If the hourly close exceeds $0.40, a move to $0.85 could be triggered."

Martinez Holds Optimistic Outlook for Bitcoin.

Martinez is not only optimistic about Dogecoin but also about Bitcoin. He suggested that Bitcoin could reach six-digit valuations despite bearish signals in technical indicators. He noted that the bearish signals from the TD Sequential indicator could be invalidated with daily closes above $90,900, suggesting Bitcoin could rise to $100,680 if it surpasses this level.

"A close above $90,900 could invalidate bearish expectations, potentially triggering a rise to $100,680," he added. Currently, Bitcoin is trading at $90,885, having gained 1.6% in the last 24 hours.

These positive signals emerging from the technical analyses of cryptocurrencies like Dogecoin and Bitcoin are significant developments that investors should closely monitor. Experts believe that both cryptocurrencies could exhibit significant movements in the future.