Crypto analyst Ali Martinez took to X to share his prediction that the price of Dogecoin (DOGE) could be on the road to $1, suggesting key technical analysis patterns playing out on the weekly chart as the famous dog-themed meme coin prints bullish breakout patterns. 

The prediction from Ali is based on similar past price trends reemerging as the price of Dogecoin (DOGE) attempts a breakout from its long consolidation of over 875 days that has seen the price of Dogecoin (DOGE) suffer a price drop from $0.74 to the depths of $0.050.

Weekly Chart Prints Bullish Pattern For Dogecoin (DOGE)

In his X post, Ali Martinez elaborated on how the same pattern on the weekly chart is beginning to resurface from past price trends on Dogecoin (DOGE). He went on to show that the Dogecoin (DOGE) breakout could be followed by some consolidation before the price moves to the upside of $1.

Based on his technical analysis (TA), the price of Dogecoin (DOGE) on the weekly timeframe broke out of its bullish ascending triangle, looking prime for a mega rally, as such price movement was evident in the past bull run.

After the price of Dogecoin (DOGE) broke out from this bullish pattern, it remained at $0.16-0.$20. As the analyst speculated, the price of Dogecoin (DOGE) could rally high if it reclaims above $0.35.

While Ali’s prediction looks too good to be true for many, we can not overlook the fact that Dogecoin (DOGE) in the past has rallied by over 10,000% in previous cycles, and this pattern could play out as speculated.

Despite the enormous potential the rally of Dogecoin (DOGE) to $1 possess, most investors are rather looking into something more promising in ETFSwap (ETFS) as the new gem in the block could prove a better return on investment for many investors hopping into its wagon.

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ETFSwap (ETFS) is a decentralized finance (DeFi) platform aimed at enabling investors to trade Exchange-Traded Funds (ETFs) on the blockchain, thereby closing the gap between traditional finance systems and the blockchain industry.

ETFSwap (ETFS) enables the tokenization of ETFs, which would help bring many benefits associated with traditional finance on-chain through cutting-edge blockchain technology. Additionally, ETFSwap (ETFS) investors will enjoy key functions such as leverage trading, unique swapping services, and staking rewards for users.

With ETFSwap (ETFS) exempting Know Your Customer (KYC) processes, seamless and easy access to countless services is enabled with the help of decentralized finance (DeFi) within a few clicks.

Investors looking for real use cases and profit potential would easily recognize that ETFSwap (ETFS) strikes all the criteria. It also applies to real-world assets (RWA), which have been gaining much attention lately. The bull run could unlock most of these tokens.

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Built on the Ethereum network, ETFSwap (ETFS) boasts a robust liquidity provision for its users, high security for assets, and utility for its users in the DeFi space. Its native token ETFS, provides endless benefits such as governance voting, staking, and other incentives for its holders.

Opportunities of a lifetime to make generational wealth come with finding these gems and participating in its early presale. Stage 1 of the ETFSwap (ETFS) sale is currently on, with the ETFS sold at $0.00854 currently. Over 25 million tokens have been sold out, and the presale is expected to completely sell out in a shorter timeframe than expected.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.