DOGE price has been building a powerful descending triangle on its long-term chart.
The active addresses have increased by around 22.3% during the previous week.
When it comes to the recent cryptocurrency market rise, the leading memecoin Dogecoin (DOGE) has shown decent performance. On the technical chart as well Dogecoin seems to be gearing up for a significant breakthrough.
#Dogecoin | The last time a descending triangle developed on the monthly chart $DOGE pumped 23,200%!
I’ll be looking at a sustained monthly close above $0.80 for confirmation. pic.twitter.com/RVgymwIhtK
— Ali (@ali_charts) July 23, 2023
Dogecoin’s (DOGE) price has been building a powerful descending triangle on its long-term chart. The previous time DOGE created the descending triangle chart pattern, the memecoin saw a surge of 23,200%, according to popular crypto analyst Ali Martinez. A prolonged closure over $0.08 would be a significant indicator of such.
Naturally, the past cannot be used as a confirme
We współpracy z: https://thenewscrypto.com/memecoin-news-historical-pattern-points-toward-massive-surge-in-dogecoin-price/