Dogecoin (DOGE), a meme coin famously endorsed by tech entrepreneur Elon Musk, has experienced a noteworthy price increase in value within the last 24 hours as crypto enthusiasts eagerly await the anticipated Twitter logo revamp.
Notably, the cryptocurrency gained more than 3% after Musk announced the farewell to the iconic Twitter bird logo.
However, that may be just the start of DOGE’s gains, as suggested by crypto market expert Ali Martinez.
In his July 23 analysis of Dogecoin’s price, Martinez spotted and pointed out a descending triangle pattern. According to the crypto analyst, the last time this price pattern emerged resulted in a massive DOGE pump of more than 23,000%.
“The last time a descending triangle developed on the monthly chart $DOGE pumped 23,200%!”
– Martinez wrote in the tweet.
Descending triangle pattern on Dogecoin chart. Source: Ali Martinez
Supposing DOGE can pull off a similar pump, an increase of that margin would lift the world’s biggest meme co
We współpracy z: https://finbold.com/this-historical-pattern-propelled-doge-by-23200-and-now-it-returns/
