This reflected that Dogecoin whales have indeed been active where approximately 210 million DOGE were purchased by these large holders.
Dogecoin whales have indeed been active, as approximately 210 million DOGE were purchased by these large holders.
These higher lows aligned in the upward trajectory at key turning points like the $0.33, $0.36 and $0.4. They signaled where buying interest had consistently overcome selling pressure. The MACD indicator showed a bullish crossover, where itcrossed above the signal line, indicating potential for continued upward momentum.
If this trend persists, the price of Dogecoin could continue to rise, past the $0.5 level which was the high before the correction, supported by strong buyer interest and positive momentum signals from MACD.More analysis determined that the Crowd’s sentiment on DOGE aligned perfectly with that of Smart Money, with both being bullish.
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