CandleFocus Analyst Outlines Massive Price Targets for Dogecoin, Predicts Parabolic Rally for Ethereum-Based Altcoin
2024-11-14
Author: Content Editor
The crypto strategist Ali Martinez predicts that Dogecoin (DOGE) will experience significant rallies and reach new all-time highs. Martinez highlights that DOGE is trading within a bullish ascending channel on the weekly chart and suggests that if it respects the diagonal support of the channel, it could reach $2.40 or $18. This represents a potential increase of 526% or 6,000% respectively from its current price of $0.383. Martinez also mentions that he is observing Optimism (OP), the native asset of the Ethereum scaling solution, which appears to be forming a pattern that historically led to parabolic rallies. He predicts a potential gain of 340% for OP as it approaches a target of $7.20 from its current value of $1.68.
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