An analyst has explained how Dogecoin could be primed for a 60% price move. Here’s the range that could end up deciding the direction of the break.
Dogecoin Is Nearing The End Of A Triangle Pattern
In a new post on X, analyst Ali Martinez has talked about how Dogecoin is currently looking from a technical analysis (TA) perspective. Below is the chart shared by the analyst that shows the trend in the 1-day price of DOGE.
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As displayed in the graph, the daily Dogecoin price has been trading inside what appears to be a triangular channel. A triangle is a TA pattern that forms whenever an asset’s price observes consolidation between two converging trendlines.
The upper line of the pattern is likely to
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