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A leading cryptocurrency analyst noted on Sunday a significant uptick in the odds of Dogecoin (CRYPTO: DOGE) delivering a 30% breakout move.
Will DOGE Finally See A Sharp Move?
Ali Martinez took to X, highlighting a descending triangle formation on Dogecoin’s 4-hour chart.
“As Dogecoin moves closer to the apex of this triangle, the chances of a 30% move increase substantially,” Martinez added. They didn’t explicitly indicate the swing’s direction—upward or downward.
Assuming a 30% rally, DOGE would reach $0.11, revisiting early February levels.
This wasn’t Martinez’s first hint at such a scenario. They have consistently leaned on this analysis to back a sharp move for DOGE.
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