😱🚀If This Pattern Comes True, Dogecoin (DOGE) Will Go for a Crazy Price Increase
#Dogecoin (#DOGE ) enthusiasts better be on the edge of their seats as leading crypto analyst Ali Martinez reveals a potentially game-changing development. The expert's analysis shows that TD Sequential, a well-known technical indicator, has printed a buy signal on Dogecoin's daily chart.
This signal Decrees a looming upswing that has been going on for anywhere from one to four days and signals exciting times ahead for the meme-inspired mainstream cryptocurrency.
For those who don't know, TD works by identifying potential depletion points in an ordered market trend. The indicator implies that when a buy signal flashes, as is currently the case for DOGE, the current bearish trend may be nearing an end, potentially paving the way for an upward rise in prices.
Dogecoin (DOGE) price outlook
Currently, Dogecoin is trading at $0.163 per DOGE, reflecting a relatively stable performance during the week. Despite starting with a modest gain of 0.67%, a closer examination of the weekly chart reveals a more significant uptrend, with the DOGE up 16% from its weekly low of $0.139.
In particular, over the past 24 hours, Dogecoin has shown strong momentum, rising by over 5.6% and outperforming most of its peers to claim a leading position among the top 10 cryptocurrencies by market capitalization.
Martinez avoids giving concrete price estimates for Dogecoin. However, if the TD Sequence signal turns out to be correct, this could mean that the recent local high around $0.2 may not be the final destination for the DOGE's price journey.
