Dogecoin, the meme cryptocurrency asset, is a popular opinion among crypto analysts.DOGE) is gearing up for a big price explosion in the coming weeks.
Ali Martinez tells His 50,700 followers via the social media platform X have indicated that historical patterns suggest the top meme could reach $1 by mid-April.
The price of Dogecoin would increase by nearly 500%.
The trader seems to be predicting that DOGE is going to rise dramatically in the future. next The same as in 2017 and 2020, the resistance range will move up a few months after you have moved above it.
DOGE was trading at $0.167 as of the time of this writing.
Martinez isn’t the only analyst who predicts a DOGE price of $1.
This week, the anonymous analyst known as Altcoin sherpa told Elon Musk, a billionaire, told his 209 800 followers on Twitter that DOGE would reach $1 with the help of one of the biggest memecoin cheerleaders.
Altcoin Sherpa was, however, less confident in the timeline.
“DOGE”: random notes about this one
-I believe that this does stupid things, like go up to $1 or more. It’s too powerful with Elon.
When will this happen? I don’t have a clue. I have no idea.
It won’t provide the same returns in 2021 due to market cap.
-This is a *relatively* safe trade in my opinion (IMO). I’m pretty sure that this will do several x. Is there a higher risk to reward ratio than investing in other things like SOL or other options? I don’t really know. You can go as far down as you want on the risk curve.
Martinez notes that the market is currently very positive about Ethereum.ETH) challenger Fantom (FTM).
“This Fantom chart might seem cluttered. However, it’s highlighting a significant uptick in whale transactions, a rise in FTM whale holdings, and a reduction in FTM balances on exchanges.”
FTM currently trades at $0.828.
Don’t Miss a Beat – Subscribe Receive email alerts directly in your mailbox
Check this out Price Action
Follow us on Twitter, Facebook The following are some examples of how to get started: Telegram
Surfen The Daily Hodl Mix
 
Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors are advised to do their research before investing in Bitcoin or other digital assets. Your transfers and trades will be at your own risk. own Risk is yours, and you are responsible for any losses. The Daily Hodl neither recommends the purchase or sale of any cryptocurrency or digital asset, nor does The Daily Hodl act as an investment adviser. The Daily Hodl engages in affiliate marketing.
Midjourney – Generated Image
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: dailyhodl.com