CandleFocus

Dogecoin (DOGE) on Verge of Banana Zone, Raoul Pal Predicts

Former Goldman Sachs manager and crypto analyst Raoul Pal believes that Dogecoin (DOGE) may experience significant price growth. He suggests that the meme coin is completing a bull flag pattern that started in 2021 and is approaching the "banana zone," which represents a period of unrestrained upward price movement. Pal indicates that the price of Solana (SOL) breaking $185 will indicate whether the cryptocurrency market is entering the fruit phase. However, Pal advises caution due to recent range failures that have impacted confidence in a sustained bullish rally.

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