Two respected crypto analysts, Ali Martinez (@ali_charts) and CW (@CW8900), have each published technical charts indicating that Dogecoin (DOGE) appears poised for a significant price move. Their analyses, while conducted on different timeframes, both highlight breakouts from constrictive patterns that have prevented any major swings over the last few weeks. Dogecoin Could Surge 16% (1-Hour Chart) Ali Martinez presented a one-hour Dogecoin chart on X that shows the token trading within a narrowing range defined by a symmetrical triangle. According to Martinez, DOGE initially saw a steep decline—approximately 16.46%—from around $0.18, dropping just above $0.14 before recovering and forming progressively higher lows. The upper limit of the triangle rests near $0.18, while the lower support line extends upward from the vicinity of $0.144. Martinez points to the $0.16–$0.18 corridor as a key area that has contained Dogecoin’s price action. He remarks that a clear and convincing hourly close above this zone might release the buying pressure that has been consolidating over the past ten days. Citing symmetrical triangle theory, Martinez estimates that such a breakout could spark a 16% upswing ..
Support the originator by clicking the read the rest link below.
