Crypto analyst Ali Martinez anticipates a possible price surge for the widely recognized meme token, Dogecoin (CRYPTO: DOGE), as large-scale crypto investors increase their stakes.
What Happened: Last week Martinez shared his thought on X and spoke about a promising signal for DOGE from the Tom DeMark (TD) Sequential Indicator.
This tool is commonly used by traders to predict potential trend reversals by analyzing the closing prices of the preceding 13 bars or candles.
Martinez pointed out that large-scale crypto investors, often referred to as whales, have bought more than 90 million DOGE in the recent two days, indicating a potential price surge for …
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