A renowned crypto trader is forecasting a bullish trend for the popular MemeCoin, Dogecoin (DOGE), as crypto markets show signs of rejuvenation.

The crypto analyst, known as Ali Martinez, posted on social media platform X, enlightening his 31,500 followers about Dogecoin’s potential upswing.

According to Martinez, the Tom DeMark (TD) Sequential indicator has just given a bullish signal for Dogecoin. This indicator uses a series of price points to predict potential trend reversals.

Martinez stated, “Dogecoin appears ready to start a new uptrend! The TD Sequential presented a buy signal on DOGE weekly chart. A sustained close above $0.062 could result in an upswing to $0.070.”

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