Crypto Strategist Hints at Rallies for Dogecoin and Altcoins, Says Alt Market Goes As DOGE Goes
A trader who continues to build a following with macro crypto calls thinks that top memecoin Dogecoin (DOGE) is about to ignite steep rallies. Pseudonymous analyst TechDev tells his 467,500 followers on the social media platform X that Dogecoin appears to be mirroring a pattern witnessed during the 2020 cycle. The trader shares a chart suggesting that DOGE appears to be in the process of flipping a key resistance level into support prior to a big burst to the upside. Source: TechDev/X The trader’s chart also shows that he thinks the altcoin market is about to spark surges, arguing that “as goes DOGE, so goes the alt market.” At time of writing, DOGE is trading for $0.106, a slight decrease on the day. Turning to Bitcoin, the trader shares a chart suggesting that BTC is gearing up for the final leg up of its cycle. Source: TechDev/X Based on the trader’s chart, he seems to suggest that Bitcoin is following cycles of global liquidity bas...