A leading cryptocurrency analyst’s forecast of imminent Dogecoin (CRYPTO: DOGE) volatility has yet to materialize, as the memecoin continued to move sideways as of Sunday.
DOGE Yet To Breakout
Ali Martinez took to X, highlighting a descending triangle formation on Dogecoin’s 4-hour chart. Earlier this week, they projected it could spark a 29% move in the memecoin’s price.
However, as things stand, Dogecoin remains “stuck” in the triangle.
Note that Martinez didn’t explicitly state the direction of the swing, whether upward or downward.