A bold prediction has surfaced in the crypto market, suggesting that Dogecoin (DOGE) could skyrocket to $6.24. The forecast comes from analyst Ali Martinez, who points to a long-term price pattern that hints at an explosive move. Related Reading: Bitcoin Slides After Trump Signs Strategic Reserve Executive Order While this projection has caught the attention of investors, others remain skeptical given the massive jump required to reach such levels. Dogecoin Current Position And Key Levels Right now, Dogecoin is trading at around $0.2067. The price is moving within an ascending parallel channel, according to Martinez. He identifies a crucial support level at $0.16, which could play a big role in determining the coin’s next move. If DOGE holds above this support, the analyst believes it could climb to $2.74 before making its way toward the much higher target of $6.24. Such kind of surge would imply a rise of almost 2,900%. Though Martinez supports it with historical data showing Dogecoin has moved significantly in the past, it is an audacious call. But, as the sages would say, the crypto market be ..
Support the originator by clicking the read the rest link below.
