More
    HomeAltcoinsDogecoin Could Hit Astronomically High Price Target if DOGE Repeats 2018–2021 Pattern:...

    Dogecoin Could Hit Astronomically High Price Target if DOGE Repeats 2018–2021 Pattern: Crypto Analyst

    Published on

    DIGITAL MARKETING SERVICES

    spot_img
    Dogecoin Could Hit Astronomically High Price Target if DOGE Repeats 2018–2021 Pattern: Crypto Analyst

    A closely followed crypto analyst believes that Dogecoin (DOGE) could hit a huge price target if the memecoin repeats a historic pattern.

    Crypto strategist Ali Martinez tells his 56,000 followers on the social media platform X that the dog-themed digital asset could soar by 5,900% from its current value.

    “I feel my fellow DEGENs have been distracted with the new shiny memecoins, but Dogecoin remains the most important altcoin in this sector. From a technical perspective, DOGE seems to mirror the 2018-2021 pattern. If so, DOGE could be at the very beginning of a massive parabolic bull run!”

    Image
    Source: Ali Martinez/X

    Dogecoin is trading for $0.20 at time of writing, down 6.5% in the last 24 hours.

    Next up, the analyst says that Ethereum (ETH) seems to be in a bullish uptrend based on the high level of network transactions being made by deep-pocketed investors.

    “Despite the Ethereum price correction seen over the past few weeks, ETH whale transactions are on the rise – a bullish indicator for future ETH price movements!”

    Image
    Source: Ali Martinez/X

    Ethereum is trading for $3,507 at time of writing, down nearly 4% in the last 24 hours.

    Lastly, the analyst says Bitcoin (BTC) may be printing a price pattern similar to the recent performance of the Nasdaq.

    “Doesn’t Bitcoin (on the right) look like the Nasdaq (on the left)?”

    Image
    Source: Ali Martinez/X

    Looking at his chart, the analyst suggests Bitcoin could be trading at around $94,000 before June.

    Bitcoin is trading for $67,115 at time of writing, down more than 6% in the last 24 hours.

    Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

    Check Price Action

    Follow us on Twitter, Facebook and Telegram

    Surf The Daily Hodl Mix

    &nbsp

    Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Generated Image: Midjourney

    The post Dogecoin Could Hit Astronomically High Price Target if DOGE Repeats 2018–2021 Pattern: Crypto Analyst appeared first on The Daily Hodl.

    COMMUNITY

    spot_img

    SITE VISITS

    Map

    Latest articles

    BlockDAG Targets Stellar Growth With 15,000 TPS Amid Ethereum’s Market Surge And Polygon’s Price Challenges

    BlockDAG Targets Stellar Growth With 15,000 TPS Amid Ethereum’s Market Surge And Polygon’s Price...

    Binance Unveils New ‘Megadrop’ Token Launch Platform, Picks Bitcoin Restaking Chain To Serve As First Project

    Binance is unveiling a new “megadrop” token launch platform with Bitcoin (BTC) “restaking” chain...

    Crypto Analyst Issues Cardano Alert, Warns ADA Could Crash by up to 74% – Here’s His Outlook

    A cryptocurrency analyst and trader is expressing bearish sentiment on Cardano (ADA). In a new...

    DTX Exchange (DTX) Expected Listing in Q2 2024, Investors From Cardano (ADA) and Ripple (XRP) Join Presale

    DTX Exchange (DTX) Expected Listing in Q2 2024, Investors From Cardano (ADA) and Ripple...

    More like this

    BlockDAG Targets Stellar Growth With 15,000 TPS Amid Ethereum’s Market Surge And Polygon’s Price Challenges

    BlockDAG Targets Stellar Growth With 15,000 TPS Amid Ethereum’s Market Surge And Polygon’s Price...

    Binance Unveils New ‘Megadrop’ Token Launch Platform, Picks Bitcoin Restaking Chain To Serve As First Project

    Binance is unveiling a new “megadrop” token launch platform with Bitcoin (BTC) “restaking” chain...

    Crypto Analyst Issues Cardano Alert, Warns ADA Could Crash by up to 74% – Here’s His Outlook

    A cryptocurrency analyst and trader is expressing bearish sentiment on Cardano (ADA). In a new...
     - 
    Arabic
     - 
    ar
    Bengali
     - 
    bn
    German
     - 
    de
    English
     - 
    en
    French
     - 
    fr
    Hindi
     - 
    hi
    Indonesian
     - 
    id
    Portuguese
     - 
    pt
    Russian
     - 
    ru
    Spanish
     - 
    es