The price of Dogecoin (DOGE) has surged over 17% in the past 24 hours, reaching a high of $0.4656. On-chain analyst Ali Martinez believes if this momentum continues, DOGE could rally to $0.82. Martinez released a chart showing DOGE attempting to break out of a bull flag pattern, indicating a potential upward movement in price. However, DOGE must hold the $0.37 support level to experience the anticipated breakout. The possibility of DOGE reaching higher levels is also dependent on Bitcoin's price trajectory. Dogecoin's value proposition may improve with advancements in its ecosystem and community. Whale activity has been observed with regards to DOGE, and community members expect this to trigger a rebound in its price. Trader "DonAlt" has expressed bullish views on DOGE, claiming it will not only reclaim its all-time high but also surpass the $1 mark.



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