Dogecoin Up 6% After Elon Musk’s ‘Dogefather’ Tweet: Is This The Start Of A ‘Parabolic Run’?
Posted On November 19, 2024
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 …