Dogecoin

Rally

Epic

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The price of Dogecoin (DOGE) has been injected with bullish momentum. It has started to move to the next highs after a health correction last week. It appears that bulls are making a comeback, taking the DOGE price toward a potential breakout. Even top market analysts are now giving positive Dogecoin price predictions.
Renowned on-chain analyst Ali Martinez<a href="https://x.com/ali_charts/status/1850849468670743039" rel="noopener noreferrer nofollow">tweeted</a> earlier today about a potential rally for the highly popular meme coin. He mentioned that the current scenario shows that DOGE is going to be breaking out. Martinez further mentioned that if the $0.139 support holds for the meme coin, the next target will be $0.175.
In a previous tweet, Martinez shared a similar analysis for Dogecoin. He<a href="https://x.com/ali_charts/status/1850535595912613998" rel="noopener noreferrer nofollow">explained</a> that if Dogecoin successfully breaks above the $0.143 resistance level, the market could witness a massive 25% price rally, which will take the Dogecoin price to the $0.175 price level. Martinez appears to be confident about his prediction, as he has reiterated it twice.
<h2 dir="ltr" id="historic-dogecoin-price-breakout">Historic Dogecoin price breakout</h2>
The price chart shared by him also looks very interesting, yet informative. It depicts the ideal path for Dogecoin’s movement, predicting its journey toward the next high of $0.175. This level is still very low compared to Dogecoin’s all-time high (ATH) of $0.73. It was achieved on May 8, 2021, making it over three years since DOGE achieved this milestone.
However, the potential rally toward $0.175 is still crucial as the DOGE price has been consolidating around the $0.11 range for quite some time. Achieving this level will open up opportunities for the<a href="https://u.today/shiba-inu-shib-out-of-trillionaire-club-for-today" rel="noopener noreferrer nofollow">meme coin</a> to turn it into support, and then target the next highs. This slow-yet-steady price growth can result in huge gains over time.
As of now, Dogecoin is trading at $0.1472. It has witnessed a surge of 6.14% in the last 24 hours. Notably, the trading volume has skyrocketed 111.89% and currently sits around $1.77 billion. These figures show the strong<a href="https://u.today/bitcoin-seeing-golden-cross-that-doesnt-matter-heres-why" rel="noopener noreferrer nofollow">bullish sentiment</a> on the market. Considering the prediction from Martinez, it looks like Dogecoin is now eyeing the $0.175 target. <a href="https://u.today/dogecoin-doge-epic-price-rally-coming-says-top-analyst" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Dogecoin (DOGE) Epic Price Rally Coming, Says Top Analyst

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