Based On Historical Pattern: Dogecoin Is On Track For Over 400% Rally, Analyst Reveals

Quick Summary:

According to Tardigrade, Dogecoin is now forming higher highs and higher lows, signaling a potential continuation of its bullish trend.#DOGECOIN market structure is obviously changed from downtrend to uptrend 🔥 In the downtrend🔵, $DOGE formed False Breakout and lower low afterwards.

Related Reading: Dogecoin Sees Sharp Decline: Over 106,000 Wallets Abandon The Memecoin Why An Over 400% Rally Is Plausible For Dogecoin Based on historical patterns, Marks revealed that Dogecoin may be in the early stages of a significant bull run, potentially heading toward a 431% price increase.

Related Reading: Dogecoin Is The Top Trump Victory’ Trade, Says Investment Firm CEO He pointed out that Dogecoin experienced a false breakout during its previous downtrend, but the absence of a lower low following the false breakout indicates a change in market sentiment.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: United Kingdom

Topics: Altcoin Memecoin Doge Crypto market Altcoin market Dogeusdt Dogecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-19 @ 02:30:32 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 77 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23123492

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

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