Dogecoin’s On-Chain Data, Chart Patterns Flash Bullish Signals: This Top Analyst Thinks It’s A ‘Buy’

Dogecoin (CRYPTO: DOGE) is showing signs of life with positive on-chain metrics and bullish chart patterns, reflecting a potential upcoming rally for the meme coin.

What Happened: Crypto analyst Ali Martinez tweeted a ‘buy’ signal for Dogecoin:

Buy signal: #Dogecoin pic.twitter.com/o8boPPXpov

— Ali (@ali_charts) October 14, 2024

Another trader compared DOGE’s current performance to the last cycle, stating that it began with four consecutive green weeks followed by …

Full story available on Benzinga.com

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