A renowned cryptocurrency trader has forecasted a substantial surge for Dogecoin (CRYPTO: DOGE).
What Happened: Ali Martinez, a widely followed crypto analyst, has projected a 109% rise for Dogecoin if it manages to regain a crucial support level.
In a post on X, he shared that Dogecoin may be forming a bullish reversal pattern on the three-day chart and increase by more than 109% from its current value.
“If Dogecoin is truly forming a double bottom, this is the spot for a rebound. Reclaiming $0.26 as support could set the stage for a rally toward $0.46!” he mentioned.