Dogecoin Could Hit Astronomically High Price Target if DOGE Repeats 2018–2021 Pattern: Crypto Analyst

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A closely followed crypto analyst believes that Dogecoin (DOGE) could hit a huge price target if the memecoin repeats a historic pattern.

Crypto strategist Ali Martinez tells his 56,000 followers on the social media platform X that the dog-themed digital asset could soar by 5,900% from its current value.

“I feel my fellow DEGENs have been distracted with the new shiny memecoins, but Dogecoin remains the most important altcoin in this sector. From a technical perspective, DOGE seems to mirror the 2018-2021 pattern. If so, DOGE could be at the very beginning of a massive parabolic bull run!”

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Source: Ali Martinez/X

Dogecoin is trading for $0.20 at time of writing, down 6.5% in the last 24 hours.

Next up, the analyst says that Ethereum (ETH) seems to be in a bullish uptrend based on the high level of network transactions being made by deep-pocketed investors.

“Despite the Ethereum price correction seen over the past few weeks, ETH whale transactions are on the rise – a bullish indicator for future ETH price movements!”

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Source: Ali Martinez/X

Ethereum is trading for $3,507 at time of writing, down nearly 4% in the last 24 hours.

Lastly, the analyst says Bitcoin (BTC) may be printing a price pattern similar to the recent performance of the Nasdaq.

“Doesn’t Bitcoin (on the right) look like the Nasdaq (on the left)?”

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Source: Ali Martinez/X

Looking at his chart, the analyst suggests Bitcoin could be trading at around $94,000 before June.

Bitcoin is trading for $67,115 at time of writing, down more than 6% in the last 24 hours.

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