#Write2Earn #DogCoin 😱🚀Dogecoin (DOGE) reminded of the 2020 bull! Is the Big Price Boom coming?
Crypto analyst Ali Martinez stated that the current outlook of
#Dogecoin (#DOGE ) is reminiscent of the 28 thousand 770 percent increase in 2020.
The activity continues in the cryptocurrency market before the halving of Bitcoin (BTC). The leading crypto BTC failed to exceed the $ 53 thousand level and faced selling pressure. BTC is stuck between Dec.50,500 and $52 thousand. Due to the fact that the market is still in a more positive outlook despite the tight movement of BTC, many altcoins have surpassed the resistance points and signed significant rises.
Crypto analyst Ali Martinez claimed that Dog Decoin (DOGE) is among the altcoins that can achieve an upswing. Martinez shared the DOGE graphic he created with his followers.
Interesting Dogecoin (DOGE) comment from the analyst
Crypto analyst Ali Martinez stated that there is an upward expectation in Dogecoin (DOGE) with the sharing he made via X. Martinez, who does graphic analysis for DOGE, pointed out the year 2020.
Martinez, who examined the DOGE chart, stated that the overall appearance of the popular memecoin is reminiscent of the parabolic rise in 2020. DOGE had hosted a 28.770 percent increase with the triangle formation it formed in 2020.
Dogecoin DOGE chart analysis
Ali Martinez's Dogecoin DOGE chart
Martinez pointed out that DOGE, which has created a similar chart model to 2020, may achieve an upswing in the coming periods. The popular crypto analyst commented on the DOGE as follows;
Dogecoin's price action shows familiar patterns that are reminiscent of 2020 behavior. At that time, the DOGE had emerged from a descending triangle, entered a period of consolidation, and then skyrocketed by 28,770 percent.
At the moment, DOGE seems to reflect this pattern: after emerging from a descending triangle, it is now in a consolidation phase and potentially laying the groundwork for another significant bull run.
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