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DOGE Price Analysis: Top Analyst Predicts Explosive Dogecoin Rally Based on Historical Pattern!

dogecoin

The post DOGE Price Analysis: Top Analyst Predicts Explosive Dogecoin Rally Based on Historical Pattern! appeared first on Coinpedia Fintech News

The cryptocurrency market is currently experiencing a notable correction as we enter May, with the familiar saying “Sell In May & Go Away” seeming to influence investor sentiment. Bitcoin (BTC) has seen a decline of 10.52% over the past week, trading at just above $57,450. 

This downturn in Bitcoin’s price has had a ripple effect across the broader market, impacting other assets like Dogecoin (DOGE), which has dropped by 4.7% in the last 24 hours and 16.75% over the week.

Despite these market movements, prominent crypto analyst Ali Martinez remains bullish on the outlook for certain assets, including Dogecoin. Martinez’s analysis points to a breakout of a descending pattern on Dogecoin’s chart, suggesting the potential for an upcoming bull run soon.

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