Crypto strategist Ali Martinez has highlighted the potential for a significant rise in Dogecoin (DOGE), suggesting that the digital currency is poised for considerable growth. In a recent post on the social media platform X, Martinez indicated that despite current price levels, Dogecoin still possesses ample room for appreciation, driven by both technical indicators and growing public interest.
What Does Google Search Trend Indicate?
Martinez is analyzing Dogecoin’s public interest through Google search trends, remarking that interest has not yet peaked. This observation is encouraging for DOGE’s future. “The current interest in DOGE suggests significant room for expansion,” he noted.
How Is Dogecoin’s Technical Analysis Looking?
From a technical standpoint, Dogecoin is forming a bullish flag on hourly charts, which could lead to a surge past its previous high of $0.74. Martinez explained, “Should the hourly close exceed $0.40, we might see a shift toward $0.85.”
Martinez’s positive outlook isn’t limited to Dogecoin; he also expresses confidence in Bitcoin‘s potential. He believes that Bitcoin could see six-digit prices, asserting that bearish indicators might be overridden by daily closes above $90,900, paving the way for a possible climb to $100,680. Currently trading at $90,885, Bitcoin has experienced a 1.6% boost in the last 24 hours.
- Dogecoin’s current public interest is on the rise.
- A bullish flag pattern suggests potential price surges.
- Martinez’s analysis indicates significant growth for both DOGE and Bitcoin.
- Bitcoin could reach $100,680 if it closes above $90,900.
The developments surrounding Dogecoin and Bitcoin present compelling opportunities for those following the cryptocurrency markets. With various indicators signaling potential upward movements, attention to these assets could yield rewarding outcomes in the near future.