🔥#Dogecoin Weekly Chart Shows Bitcoin-Like Movements That Could Trigger Massive Rally🔥
⭐ Buy and trade here 👇
⭐The #bitcoin Historical Pattern Which Could Send Dogecoin Above $10??⭐
In an X post, Doge capital predicted that the Dogecoin price could rally above $10. He alluded to the weekly chart and compared the historical price cycles of Bitcoin and DOGE, while pointing out what tends to happen when BTC closes a weekly candle at all-time highs (ATHs). In the first cycle, which was in 2017, DOGE surged and achieved a 94x gain in the following months after BTC closed the week at its ATH.
In the second cycle, which was in 2020, Dogecoin witnessed a more explosive 190x rally in the following months after Bitcoin closed the week at new all-time highs. Meanwhile, again in the third cycle this year, $BTC is currently trading around its ATHs. However, it needs to confirm a weekly close above this level to validate a DOGE breakout.
Based on history, DOGECAPITAL noted that this could set the stage for Dogecoin to “dramatically” outperform Bitcoin again. DOGE could also surpass its gains in previous cycles. The analyst’s accompanying chart showed that the #Memecoins🤑🤑 coin could even rally to as high as $69 on this explosive move
The analyst urged market participants to watch the weekly close as the last two times Bitcoin confirmed new highs, Dogecoin didn’t just surge but “launched.” In the short term, crypto analyst Ali Martinez indicated that the foremost meme coin could rally to $0.31. In an X post, he stated that DOGE appears to be breaking out of a bull pennant, which points to this target.