New Trend Has DOGE Eyeing 200% Surge

You can also find out more about October Traders have high expectations for the cryptocurrency market. There is still a lot of potential, even if it’s not quite there yet. This could also be said of the most popular meme coin. Dogecoin, for example, is facing a trend which could see DOGE surge by 200%.

Crypto hasn’t made major changes in the last few months. The market is anxiously waiting for the next big move in the crypto asset. A prominent cryptocurrency expert believes the market will reward its patience soon. He has also noted that this breakout may be unprecedented.

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Surge of DOGE? A 200% increase could be on the horizon

Bitcoin, its biggest creation, has led the market for cryptos since it was created. This token is often the one that has led and lifted all other tokens. Dogecoin is the leader in this meme coin segment. But it hasn’t been able to make people believe that so far, in 2024.

Over the last 30 days, it has been up more than 18%. It has risen by 18% over the past 30 days. CoinMarketCap. Nevertheless, over the last week, its price has dropped almost 6% and is currently trading at $0.112. One expert noted, however, that this asset may be about to make a major turn in the right direction.

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Ali Martinez, Cryptocurrency Analyst took to X (formerly Twitter) Dogecoin is discussed, as well as a trend which could lead to a DOGE surge of 200%. Martinez noticed a possible breakout from “a multi-year descending triangle,” The token would gain massive profits.

Martinez notes the asset is expected to experience growth. “200% surge, 60% retracement- then a bull run.” He also noted that the recent pullback of 65% could be “gearing the token up for the big rally.” This is a huge amount for investors in DOGE. The DOGE 2024 could see a major increase.