Trader Predicts 109% Dogecoin Rally if Major Level Is Reclaimed, Updates Outlook on Avalanche and Two Other Altcoins
A closely followed crypto analyst says that Dogecoin (DOGE) may have an explosive breakout if the memecoin reclaims one key level as support. In a new thread, crypto trader Ali Martinez tells his 144,000 followers on the social media platform X that DOGE may be forming a bullish reversal pattern on the three-day chart and increase by more than 109% from its current value. “If Dogecoin is truly forming a double bottom, this is the spot for a rebound. Reclaiming $0.26 as support could set the stage for a rally toward $0.46!” Source: Ali Martinez/X DOGE is trading for $0.22 at time of writing, down 8.2% in the last 24 hours. Next up, the analyst says that the layer-1 blockchain Avalanche (AVAX) may see a more than 55% increase from its current value if it can flip the $27 level into support. “If Avalanche breaks above $27, it could quickly climb toward the next key target at $36!” Source: Ali Martinez/X AVAX is trading for $23.22 at time ...