Explosive Dogecoin On-Chain Signals Point To Breakout Potential
Fresh data published by on-chain analytics platform Santiment and highlighted by market commentator Ali Martinez reveal that the largest Dogecoin investors have spent the last four weeks quietly expanding their positions while activity on the network accelerates – all as the memecoin’s price grinds toward a make-or-break technical ceiling. Dogecoin Whales Fuel Bullish Momentum Martinez […]
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The Dogecoin price displays strong bullish signals after breaking out of a Falling Wedge formation. The breakout and a successful retest of the wedge pattern have fueled optimism of a potential price rally, with a crypto analyst forecasting a 50% jump to new highs soon. Falling Wedge Breakout Signal Dogecoin Price Rally Dogecoin has been […]
The Dogecoin price, currently trading below $0.2, appears to be gearing up for an explosive move, with technical analysts eyeing a potential 500% rally in the coming months. Following a period of correction and consolidation, the chart structure suggests that a bullish breakout is on the horizon — one that could take DOGE beyond the […]
Dogecoin (DOGE) whales are gearing up for a bullish reversal for the foremost meme coin. On-chain data shows that these whales have regained their confidence in Dogecoin and are accumulating more DOGE ahead of a potential rally for the meme coin. Related Reading: 6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod Dogecoin Whale Accumulation Spikes By 868% Data from the on-chain analytics platform IntoTheBlock shows that Dogecoin whales bought 364.38 million DOGE on July 10, representing an 868% surge from the previous day when these large holders offloaded 37.05 million DOGE.....
Crypto analyst Cryptokijker has revealed that the Dogecoin price is poised for a breakout amid massive whales’ accumulation. The analyst also revealed the price targets that DOGE could reach following this breakout. Dogecoin Price Poised For Breakout Above $0.17 In a TradingView post, Cryptokijker predicted that the Dogecoin price is poised for a breakout above $0.1790. The analyst revealed that the targets on this potential breakout are $0.1840 and $0.1920. He noted that the price at this level is showing a neutral-bullish structure after the recent breakout above the Previous Day Low....
Dogecoin Price Key Highlights. Dogecoin price has been trading below a long-term descending trend line for quite some time, but reversal signals are showing up. Price made a sharp upside breakout, hinting that the downtrend might already be over and that it's time for buyers to take charge. Dogecoin price could be in for more gains, as it made a convincing breakout from the descending trend line connecting its latest highs. Waiting for Technical Confirmation. Technical indicators have yet to confirm the dogecoin price rally since the 100 SMA remains below the 200 SMA for now. This suggests....