The cryptocurrency market has experienced a downtrend recently, causing uncertainty among investors regarding potential recovery. However, Dogecoin (DOGE) may be on the cusp of a significant price movement.
Crypto analyst Ali Martinez has observed that Dogecoin has formed a 'falling wedge' pattern, a technical indicator that often signals a bullish reversal.
This pattern suggests that Dogecoin's price might soon break through critical resistance, leading to a possible bullish breakout.
Source: www.fxcryptonews.com ↗
