CandleFocus Dogecoin (DOGE) Eyes Biggest Price Breakout, But There's a Catch
2024-09-25
Author: Content Editor
Dogecoin (DOGE) is showing signs of a potential price breakout, according to crypto analyst Ali Martinez. Despite a recent bearish crossover on the Stochastic RSI, Martinez believes that a brief price correction will be followed by a significant rally. A price chart indicates that Dogecoin is forming a falling wedge pattern, which could result in a 45% price increase. However, the bearish crossover may put temporary downward pressure on the market. Dogecoin is currently trading at $0.109 and has been trading sideways for over a month. Martinez's analysis suggests a potential rally may be on the horizon for the meme coin.
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