Crypto analysts believed that the leading memecoin Dogecoin ($DOGE ) would explode soon.
Amid the declines in memecoins, the movement in #DOGE , the largest memecoin according to market developments, drew attention. DOGE price increased by 19 percent according to the size of the cultivation area. Most of this increase occurred within 24 hours.
Crypto analysts argued that DOGE is at a potential breakout level and that the strength of the rise will increase. Ali Martinez gave a sensational price target for DOGE in his post on X.

Dogecoin (DOGE) is ready to rise Crypto analyst Ali Martinez predicts that the DOGE price is ready to explode and that the rise will pass. The analyst recorded the processes;
According to the chart published by Martinez, the DOGE price held the support point within the rising trend. DOGE, which managed to hold on to 0.1162, rose to 0.1265 with its increasing appeal. The analyst claimed that DOGE will remain in the current price range for a while longer, and that it is trying to make a bull run towards the end of the year. Martinez said that the chart has been rising for 15 years.
Many analysts have published analyses at the level where Martinez is held. Crypto analyst Kevin claimed that DOGE will make a big rally if it breaks the $ 0.1317 resistance.
Another analyst, Astekz, stated that DOGE broke the downtrend in the chart published via X. Astekz argued that the expected rise is falling and the price is in contact with the biggest resistance at $ 0.35.

#DOGEUSDT #memecoins #binance

#FLOKI ’s price has exhibited a strong upward trend, gaining over 3% in the past 24 hours. Technical indicators suggest that this bullish momentum may persist.
The meme coin’s weekly and daily price charts remain firmly in the green, indicating a sustained dominance of buying pressure. This bullish surge began following the FOMC announcement last month, reversing a downward trend that had set in after $FLOKI reached its all-time high in June.
The price action has followed a classic five-wave pattern, with four waves completed before a recent minor pullback. Given FLOKI’s current bullish trajectory and technical analysis, we explore potential price targets and trading strategies for the coming weeks.
FLOKI (FLOKI) price prediction
FLOKI’s market capitalization currently sits at around $1.44 billion, positioning it slightly ahead of Popcat. Today, FLOKI has risen by 3.73%, with trading volume surging by 59.33%. This strong performance stands out, especially considering the current market conditions.

An analysis of recent price action reveals an aggressive spike, following a pattern of higher lows over the past few days. This bullish trend points to a potential continuation as the market enters “altcoin season.”
With a market cap approaching $2 billion, FLOKI is nearing all-time highs, indicating significant room for growth, especially with the current momentum.
A closer look at the chart shows intriguing patterns. Although recent analysis suggested a potential 10% drop, the confirmation never materialized, leading to no trade. However, several key positions remain active.
On a macro level, FLOKI seems to be forming a falling wedge pattern, which traditionally breaks upward. This potential breakout could lead to substantial gains, and identifying key resistance levels is essential for making informed decisions.
The analysis highlights several important resistance levels established in previous price action, including strong resistance near the current price and multiple support levels below.
The formation of a parallel channel suggests a breakout may happen soon. Traders should focus on these levels for entry and exit points. A solid strategy involves entering around the identified resistance point, where previous resistance aligns with current price action.
Staggering take profit orders at key resistance levels and placing a stop loss at the entry point after hitting the first take profit can secure profits and minimize risk. Targeting a 24% profit from this trade seems realistic, depending on the market’s reaction to the resistance levels.
If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.
#memecoins #FLOKIUSDT #binance

Dogecoin (#DOGE ) active budget count has reached its highest level in the last eight months.
Cryptocurrency analyst Ali Martinez made statements regarding the technical and fundamental outlook of Dogecoin ($DOGE ). Martinez thinks that Dogecoin can make sharp increases from the downtrend. According to the analyst, there may be a 200 percent increase in DOGE. One of the most important elements that can support the rise is on-chain data. The increase in active Dogecoin budget numbers may be a harbinger of a new bull run.
The positive progress of on-chain data and the increase in Dogecoin's active address numbers were another reason for analysts to expect an increase in DOGE. Martinez announced that active DOGE addresses reached 133,880, the highest results in the last eight months. The increase in the number of active addresses is seen as the growth's view of the parity has increased again and new users have arrived.

Experts see it as another force in Dogecoin's revival. DOGE whales have accumulated 2.07 billion DOGE in over a week. This accumulation may indicate increased confidence in Dogecoin.
Dogecoin (DOGE) expectations have not yet been met One of the important factors for Dogecoin is the performance of the memecoin market. For now, most memecoins are strong. However, DOGE has not yet gained the expected momentum. Whether Dogecoin, which has been in the background with the beginning of the cat memecoin trend, will be able to make a breakthrough again is awaited with curiosity.
Possible money outflows from memecoins such as cat memecoins, PEPE, NEIRO and WIF will permanently push the Dogecoin price to higher levels. In addition, Elon Musk has the power to trigger a price upwards in the direction of Dogecoin.
#DOGEUSDT #elonmusk #memecoins