Top Trader Unveils Path to New All-Time High for Dogecoin, Says DOGE Will Remind Everyone Who Is the King

A dealer who continues to develop his following with well timed crypto calls outlines a possible value path for Dogecoin’s (DOGE) rally to new all-time highs.

Pseudonymous analyst Bluntz tells his 292,900 followers on social media platform

The dealer shares a chart that implies DOGE may explode to a brand new all-time excessive of $0.85 earlier than the five-wave wave ends.

“Nothing has modified, we simply had a pleasant 23% dip within the low timeframe. I rely as a wave 4 inside a monster prolonged wave three impulse.

As soon as the subsequent DOGE ramp-up begins, it is going to probably begin sucking liquidity out of smaller memes once more. The one cause they went so quick this week was as a result of I feel DOGE had been chilling for like 5 days.

I feel this week shall be a DOGE week.”

Bluntz practices Elliott Wave principle, a technical evaluation strategy that makes an attempt to foretell future value motion by following the psychology of the group that always manifests itself in waves. In keeping with Elliott Wave rules, a bullish asset typically witnesses a five-wave rally, with waves one, three and 5 being upward strikes and waves two and 4 being corrective durations.

On the time of writing, DOGE is buying and selling at $0.372, down 49% from its all-time excessive of $0.731.

Zooming in, Bluntz shares his prediction for DOGE within the coming to daybreak.

“The perfect state of affairs for DOGE is a sluggish rebound over the subsequent few days, which may set the stage for an additional parabolic breakout later within the week, just like the earlier one…

I feel DOGE will gently remind everybody who the king is that this week.

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