Cryptocurrency strategist Ali Martinez, Dogecoin $0.391771He announced that (DOGE) may experience a significant rise in the near future. In his statements on the social media platform X, Martinez emphasized that DOGE still has serious growth potential at its current price level. He stated that technical analysis and public interest in particular point to this potential.
Public Interest and Technical Analysis Support Dogecoin
Martinez said public interest in Dogecoin was examined through Google search trends. The analyst stated that the current level of interest has not yet reached its peak and this is a positive sign for DOGE. “DOGE has not yet peaked in terms of public interest,” Martinez said. “This shows that there is ample room for growth,” he said.
In technical analysis, it was seen that DOGE formed a bull flag formation on its hourly charts. According to Martinez, this formation heralds that DOGE may surpass the all-time high of $0.74. Martinez said, “Dogecoin created a bull flag. “If the hourly close rises above $0.40, a move to $0.85 could be triggered,” he explained.
DOGE is currently trading at $0.3742. DOGE, which has increased by 3.6% in the last 24 hours, is trading approximately 49% below its all-time high of $0.731.
Six-Digit Levels Are on the Agenda for Bitcoin
Martinez, not only Dogecoin, but Bitcoin $93,344He also has optimistic expectations for . The analyst suggested that Bitcoin could reach six-digit values despite bearish signals in technical indicators. Stating that the bearish signals from the TD Sequential indicator could be invalidated by daily closings above $90,900, Martinez stated that Bitcoin could rise to $100,680 when it exceeds this level.
“A close above $90,900 could rule out bearish expectations. “This could trigger a rise to $100,680,” he said. Bitcoin is currently trading at $90,885 and has gained 1.6% in the last 24 hours.
These positive signals emerging in the technical analysis of crypto assets such as Dogecoin and Bitcoin stand out as important developments that should be followed carefully for investors. According to experts, both crypto assets may exhibit significant movements in the future.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.