Dogecoin (DOGE) Flashes Major Buy Signals: 10x Rally Ahead?

Last week, the OG meme coin briefly tumbled under a key level, prompting analysts to warn that the bears might tighten their grip.

However, the bulls managed to claw back part of the losses, and now DOGE is once again the subject of a wave of optimistic price predictions – some of which sound quite unrealistic (considering the current condition of the market).

The Rare Signals Dogecoin has been hovering around $0.07 over the past week, currently trading slightly above $0.071, which, according to the analytics platform Santiment, is vital for its bullish path ahead.

At one point last week, the renowned analyst Ali Martinez revealed that the meme coin’s TD Sequential indicator has flashed multiple consecutive buy signals, describing the development as “a rare setup that could be warning a major bull rally is approaching.” Earlier today (July 27), he infused even more optimism.