Crypto currency analyst Ali Martinez (Ali Martinez) gives an upbeat account of the most important meme currency, the —— Dogecoin (DOGE). According to his recent analysis, Dogecoin is likely to soon reach $1.

Martinez mentioned in the X (formerly known as Twitter) post that TD Sequential has flashed a buy signal on the Dogecoin daily chart. Analysts say this suggests that the meme currency could experience one to four days of gains. In a subsequent X post, Martinez offered a more optimistic outlook for DOGE, suggesting that the uptrend could last longer.

Dogecoin once again shows its classic model, he said, because the meme is now consolidating after breaking through the falling triangle. Based on past trends, DOGE could soar to $1 in the next few weeks. Martinez's analysis certainly increases confidence that DOGE can reach such a high level.

Other cryptocurrency analysts such as Mikybull Crypto, Altcoin Sherpa and DonAlt also expect Dogecoin to rise to $1 at some point in this bull market. However, Martinez's analysis suggests that DOGE is about to shift to $1 and may occur even even earlier than expected.

An important factor in the rapid rise to this price level may be institutional interest in memes. That interest will soar once Coinbase launches DOGE'S Future for its institutional customers on April 29. These institutional investors can inject a lot of liquidity into the Dogecoin ecosystem based on their optimism, which could lead to further price surges.
Cryptocurrency analyst Myles G mentioned in his X post that Dogecoin has hit bottom, and boldly claimed that this is the same that the market has seen this meme coin again. This means that DOGE may continue its price rise from now on.

Cryptocurrency analyst Kevin (former Yomi OG) also recently said that another rebound in the meme currency is coming. He said dogecoin would be just over the course of weeks away from reaching a bull market milestone.

In a recent X post, Kevin said that DOGE needs to achieve a monthly close above $0. [] $16 to confirm this bullish momentum. He said a close above that price level would confirm a perfect retest of the previous bear market buying range and "provide a strong monthly momentum for further gains".