A well-known crypto analyst is optimistic about Dogecoin's potential price increase if historical patterns repeat. The analyst predicts that Dogecoin could experience a remarkable surge of 5,900% from its current value.

According to crypto strategist Ali Martinez, despite the attention on new meme coins, Dogecoin remains a significant altcoin. Martinez points out that DOGE appears to be following the 2018-2021 pattern, indicating the start of a substantial upward trend.

At the time of writing, Dogecoin is priced at $0.20, reflecting a 6.5% decrease in the last 24 hours.

Moreover, Martinez highlights that Ethereum is showing positive momentum due to the increased number of transactions made by large investors. Despite recent price corrections, the uptrend in whale transactions suggests a bullish future for Ethereum.

Ethereum is currently trading at $3,507, down nearly 4% in the last 24 hours.

Regarding Bitcoin, the analyst suggests that its price pattern closely resembles that of the Nasdaq's recent performance. Martinez's analysis indicates that Bitcoin could reach around $94,000 before June.

As of now, Bitcoin is priced at $67,115, demonstrating a decrease of over 6% in the last 24 hours.