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Every Time Dogecoin Forms This Pattern, Price Takes Off: Top Analyst

  • Dogecoin has shown signs of a potential price rally, with a bullish pattern identified by a top analyst on the daily timeframe.
  • The meme coin has been struggling amidst the broader altcoin market's downturn, down 42% year-to-date and 75% from its all-time high.
  • Analyst Ali Martinez noted a bullish pattern with Dogecoin currently at the bottom of a parallel channel, targeting a push towards $0.20 and $0.25 resistance levels.
  • Price expectations include a potential rally to $0.25 according to various analysts, with predictions of higher targets like $0.46, $1.4, and $5 for Dogecoin.

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