The indicator, created by Thomas Demark, uses two phases, a setup phase and a countdown phase, to predict price changes and has been accurate in predicting Dogwifhat’s price movements.
Ali Martinez, a top analyst, shared a bullish perspective for Dogwifhat on X, a social media platform, with the TD Sequential indicator flashing a buy signal.
Solana-based meme coin Dogwifhat is expected to see an upward price movement according to technical indicator TD Sequential. Dogwifhat’s popularity started in early 2024 and its price has been on a rollercoaster ride, but it still remains the largest Solana-based meme coin with a market cap of $2.56 billion.
The TD Sequential indicator suggests that Dogwifhat’s price boost will continue for the rest of October, with a bullish price target of $4. Meanwhile, Solana, the blockchain platform on which Dogwifhat is based, has seen less impressive gains in the past 30 days, trading at $153.
