Dogecoin has been on a powerful upward trend over the last four weeks, bringing rise to predictions of a continued surge. This price action has led to the appearance of a new bullish chart pattern on Dogecoin’s price chart identified by prominent crypto analyst Ali Martinez.
According to Martinez, the chart pattern suggests the Dogecoin price is on a path that could drive it up to a peak of $23.36. Currently trading at $0.37, this would represent a crazy 61x increase for the Dogecoin price. In much the same way, AI altcoin WallitIQ (WLTQ) presents a similar potential to reach $100, which would represent a 5,485x surge from its current price.
WallitIQ (WLTQ): Analysis Predicts Price Surge To $100
WallitIQ (WLTQ) is an up-and-coming cryptocurrency primed for substantial growth. Analysts are predicting it could reach a target of $100, a remarkable 5,485x leap from its current presale price of $0.0171. However, this projection is not only based on a price chart pattern but also on the current interest and fundamental analysis of its utility.
Unlike Dogecoin, which has largely traded as a meme coin, WallitIQ (WLTQ) brings utility and innovation to the table as an ERC-20 token with AI-powered features integrated into its parent platform.
WallitIQ (WLTQ) was developed as a utility token for the WallitIQ DeFi platform, which is specifically designed to introduce new features to crypto trading. Notably, the WallitIQ platform is now at the helm of AI applications in crypto, with the creation of a decentralized wallet with institutional-grade features.
For instance, WallitIQ’s AI-driven tools provide strategic investment suggestions, crypto staking suggestions, and behavioral analytics to provide the best crypto trading experience. These real-world applications are drawing substantial interest, setting WLTQ up as a highly sought-after token in the crypto market.
Features like AI-based fraud detection, Escrow Connect to protect against wallet hacks and real-time analytics make WallitIQ a leader in a secure, user-friendly crypto wallet. To comply with safety, the WallitIQ smart contract has been certified by the blockchain audit firm SolidProof.
Crypto users can not only trade WLTQ but also use it for gas fee payments on the WallitIQ wallet, governance vote participation, and exclusive community rewards. Investors staking WLTQ on the platform can earn high yields up to 180%.
Dogecoin Price To Reach $23 This Cycle
Crypto analyst Ali Martinez recently examined Dogecoin’s historical chart patterns on social media platform X, revealing a promising chart pattern that could lead to a massive price increase. According to the monthly candlestick chart, the Dogecoin price has been moving within a descending triangle chart pattern since 2021. However, it recently broke above this chart pattern, paving the way for a sustained price surge. Interestingly, the last two times this phenomenon occurred, Dogecoin has surged massively in the months after.
Martinez notes that in previous cycles where there was a break above the descending triangle chart pattern, Dogecoin’s bull runs peaked around specific Fibonacci levels. The first rally reached the 1.618 Fibonacci level, while the second topped out around the 2.272 level. If this pattern repeats itself, the Dogecoin price could reach $3.95 at the 1.618 Fibonacci level, as high as $23.36 at the 2.272 level, or even a range between the two.
Conclusion
The next few months will be crucial in determining just how much the Dogecoin price can rally and what kind of profits it might return to investors. Interestingly, both Dogecoin and WallitIQ (WLTQ) are good enough to be added to the portfolios of investors looking for massive profits.
Drawing attention to the ongoing WallitIQ (WLTQ) presale, this is the best chance to partake in the projected surge to $100 and become a multi-millionaire. You could argue that the ongoing presale presents the best opportunity to be at the bottom level and recoup the most gains from the projected rally to $100.
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The post Fresh Chart Pattern Puts Dogecoin Price As High As $23 This Cycle, WallitIQ (WLTQ) At $100 From $0.0171 appeared first on TheCoinrise.com.