Dogecoin Set For ‘Parabolic Bull Run’ In November, Says Analyst: ‘Keep An Eye Out For A Sustained Close’ Above This Level

A prominent crypto analyst has forecasted a potential surge for Dogecoin (CRYPTO: DOGE) in November, sparking interest among traders and investors.

What Happened: Popular crypto analyst Ali Martinez has shared insights suggesting that Dogecoin might experience a significant upward trend this month. In a recent strategy session with his 76,400 followers on X, Martinez highlighted historical patterns indicating a potential rally for the meme coin.

Martinez notes that November often brings substantial growth for Dogecoin.

“History hints that November could spark a parabolic bull run for #Dogecoin $DOGE! Keep an eye out for a sustained close above $0.20.”

Dogecoin is trading at approximately $0.161, having gained over 0.8% in the last 24 hours. It has surged over 20% over the past week.

Full story available on Benzinga.com