This historical trend sets Dogecoin’s path to $4
Dogecoin’s (DOGE) price action appears to be following a consistent historical pattern, suggesting a potential surge of about 1,150% if the formation plays out. Specifically, Dogecoin has historically broken out of prolonged descending triangles, followed by explosive rallies. This pattern suggests the meme coin’s next target could be at least $4, according to cryptocurrency trading expert Ali Martinez, who shared the insights on December 28. DOGE price analysis chart. Source: TradingView/Ali_charts From 2014 to 2017, Dogecoin consolidated within a descending triangle for 165 weeks before a breakout drove it higher. A similar pattern occurred from 2017 to 2021, where a 154-week triangle concluded with another breakout, resulting in a rally of over 16,000%. Picks for you Expert warns Bitcoin's 'party is over', ...