Although the cryptocurrency sector has yet to react to the recent Bitcoin (BTC) halving event, praised as the catalyst for a bull run, including Dogecoin (DOGE), indications have appeared that the popular doge meme crypto asset could soon hit the coveted $1 mark.
Specifically, Dogecoin is consolidating after breaking out from a descending triangle chart pattern, which professional crypto trader Ali Martinez recognized as the digital asset “showing its classic pattern once again,” according to his X post published late on April 21.
DOGE price prediction
With this in mind, the renowned crypto market analyst has shared the view that this might kickstart a bullish price action for Dogecoin, and “we might just see DOGE rocket towards $1 in the coming weeks,” based on the asset’s previous trends and triangle chart pattern breakouts.
DOGE price chart patterns analysis. Source: Ali Martinez
As it happens, the trends to which Martinez was referring to include those that t
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