Dogecoin Consolidates In A Descending Triangle: 200% Rally Incoming?
Dogecoin has always been referred to as a notable crypto coin ruling over the sector. The token has been endorsed by Tesla CEO Elon Musk and is known to be consistently revamping its price pace to maintain its price stability. At press time, Doge is trading at $0.1291, up 3% in the last 24 hours. How high can the token trade be in August? Let’s find out. Also Read: Dogecoin To Surge 18,000% As It Claims A New Golden Cross In 4 Years Dogecoin -s-descending-triangle-details"> Dogecoin ’s Descending Triangle: Details Source: Twitter Dogecoin is now entering a “potential” bullish arena. According to crypto analyst Ali Martinez, Doge seems to be consolidating into a descending triangle formation, which, per the analyst, is a positive indication. Martinez noted how Doge is set for a price rally, which may push its momentum by a staggering 140%–200%. The token is also retracing by 56–60%. Once the process was over, the analyst shared how Doge could enter into a stellar bull run....