Dogecoin Up 6% After Elon Musk’s ‘Dogefather’ Tweet: Is This The Start Of A ‘Parabolic Run’?

Dogecoin (CRYPTO: DOGE) appears poised for a parabolic run based on technical chart patterns, with analysts predicting a significant rally ahead.

What Happened: Elon Musk on Tuesday teased Dogecoin with a post calling himself “The Dogefather.”

Crypto analyst Ali Martinez forecasted a 120% rally to $0.82, provided DOGE maintains support above $0.37. This prediction follows a confirmed breakout from a bullish flag pattern.

Martinez highlighted factors driving this potential rally, including substantial whale accumulation, increased …

Full story available on Benzinga.com

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