{"id":135886,"date":"2025-03-15T21:07:00","date_gmt":"2025-03-15T21:07:00","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/trader-says-ethereum-rival-forming-bullish-setup-that-could-trigger-2915-rally-updates-outlook-on-dogecoin\/"},"modified":"2025-03-15T21:07:00","modified_gmt":"2025-03-15T21:07:00","slug":"trader-says-ethereum-rival-forming-bullish-setup-that-could-trigger-2915-rally-updates-outlook-on-dogecoin","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=135886","title":{"rendered":"Trader Says Ethereum Rival Forming Bullish Setup That Could Trigger 2,915% Rally, Updates Outlook on Dogecoin"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Crypto trader Ali Martinez is highlighting a layer-one altcoin that could appreciate by 30x.<\/p>\n<p>Martinez <a href=\"https:\/\/x.com\/ali_charts\/status\/1900447051588280502\" rel=\"noopener\" target=\"_blank\">tells<\/a> his 132,300 followers on the social media platform X that Solana (<a href=\"https:\/\/dailyhodl.com\/currencies\/solana\" rel=\"noopener\" target=\"_blank\">SOL<\/a>) is developing a cup and handle pattern on the weekly time frame that could lead to a 2,915% surge.<\/p>\n<p>In technical analysis, a cup and handle pattern forms in the shape of a cup and is typically considered bullish if, after forming the cup\u2019s handle, the price breaks out to the upside.<\/p>\n<p><em>\u201cIf confirmed, this setup could propel it toward $3,800.\u201d<\/em><\/p>\n<figure style=\"width: 680px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"css-9pa8cd\" draggable=\"true\" src=\"https:\/\/pbs.twimg.com\/media\/Gl6VSUrW4AA-yU8?format=jpg&amp;name=small\" alt=\"Image\" width=\"680\" height=\"452\"\/><figcaption class=\"wp-caption-text\">Source: Ali Martinez\/ X<\/figcaption><\/figure>\n<p>Solana is trading at $126 at time of writing.<\/p>\n<p>Next up is Dogecoin (<a href=\"https:\/\/dailyhodl.com\/currencies\/dogecoin\" rel=\"noopener\" target=\"_blank\">DOGE<\/a>). Martinez <a href=\"https:\/\/x.com\/ali_charts\/status\/1900484045315715497\" rel=\"noopener\" target=\"_blank\">says<\/a> that the largest memecoin by market cap is trading in an ascending channel on the weekly time frame. According to the analyst, Dogecoin could go parabolic if the $0.16 support level at the lower boundary of the parallel channel holds.<\/p>\n<p>Based on Martinez\u2019s chart, it appears he\u2019s suggesting that Dogecoin could go up to a price of over $20, a gain of around 115x from the current level.<\/p>\n<figure style=\"width: 680px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"css-9pa8cd\" draggable=\"true\" src=\"https:\/\/pbs.twimg.com\/media\/Gl6w21xXEAAOdDT?format=jpg&amp;name=small\" alt=\"Image\" width=\"680\" height=\"452\"\/><figcaption class=\"wp-caption-text\">Source: Ali Martinez\/ X<\/figcaption><\/figure>\n<p>Dogecoin is trading at $0.174 at time of writing.<\/p>\n<p>The widely followed analyst and trader also offers his outlook on Bitcoin (<a href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\">BTC<\/a>). <a href=\"https:\/\/x.com\/ali_charts\/status\/1900505939633148130\">According<\/a> to Martinez, Bitcoin is undergoing consolidation inside an ascending triangle in the one-hour time frame.<\/p>\n<p>In technical analysis, an ascending triangle is considered a bullish pattern that typically forms during an uptrend. A continuation of the upward price movement is confirmed when the price breaks out of the horizontal resistance line or the upper boundary of the ascending triangle pattern.<\/p>\n<p><em>\u201cA breakout from this pattern could trigger a 9% price move.\u201d<\/em><\/p>\n<figure style=\"width: 680px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"css-9pa8cd\" draggable=\"true\" src=\"https:\/\/pbs.twimg.com\/media\/Gl_Pms7WoAAu8e3?format=jpg&amp;name=small\" alt=\"Image\" width=\"680\" height=\"452\"\/><figcaption class=\"wp-caption-text\">Source: Ali Martinez\/ X<\/figcaption><\/figure>\n<p>Bitcoin is trading at $84,979 at time of writing.<\/p>\n<p><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt;\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Crypto trader Ali Martinez is highlighting a layer-one altcoin that could appreciate by 30x. Martinez tells his 132,300 followers on the social media platform X that Solana (SOL) is developing a cup and handle pattern on the weekly time frame that could lead to a 2,915% surge. In technical analysis, a cup and handle pattern [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":135887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12920,17058,11446,11337,11724,21030,8515,1820,12752,1178,7267,7003,21029,7657,11048,22089,12572],"dealstore":[],"offerexpiration":[],"class_list":["post-135886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-bitcoin","tag-btc","tag-bullish","tag-doge","tag-dogecoin","tag-ethereum","tag-forming","tag-news","tag-outlook","tag-rally","tag-rival","tag-setup","tag-sol","tag-solana","tag-trader","tag-trigger","tag-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trader Says Ethereum Rival Forming Bullish Setup That Could Trigger 2,915% Rally, Updates Outlook on Dogecoin - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=135886\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trader Says Ethereum Rival Forming Bullish Setup That Could Trigger 2,915% Rally, Updates Outlook on Dogecoin - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Crypto trader Ali Martinez is highlighting a layer-one altcoin that could appreciate by 30x. Martinez tells his 132,300 followers on the social media platform X that Solana (SOL) is developing a cup and handle pattern on the weekly time frame that could lead to a 2,915% surge. 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