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DOGE recorded 112% weekly overvoltage in whale accumulation after a month steps with price and low volatility, indicating a growing bull in the near future Outlook Price Dogecoin.
The The same corner It was stuck within a narrow range between 0.176 and 0.126 USD, without significant momentum, which would definitely break in both directions.
According to Data IntotheblockNetflows of large dogecoin holders have increased 111.97% in the last week in the last week and pointed to the restored interest of smart money players.
Since the tariff “day of liberation” has expanded to 1 August and expectations by 0.25% -1% decrease in the rate from July, Makro FUD retreats to the environment.
While Doge has largely bent wider market narration, it seems to be speculative interest with this bull development
Open interest maintains a level above $ 2 billion for the first time since June, which is 21% since the beginning of the month, according to the month Data Conglass.
Derivative traders are increasingly active in moving dogecoins and a positive financing rate at 0.21% shows permanent demand for long positions – traders are reliably betting on price increases.
The revival of the market interest of derivatives and smart money comes as Doge Eyes a confirmation of escape from a four -year -old Cup and Hand pattern.
The Dogecoin price is now approaching the critical confluence zone consisting of historical support, which dates back to the middle of 2024 and the upper trend line of the handle.
If this structure holds, historical support could serve as a launchpad for a technical target of a model of $ 0.75 – a potential 345% move from current levels.
Movement indicators back this outlook. RSI is constantly rising towards the neutral line, currently to 43, indicating that it stores pressure when the buyers enter.
More after the unsuccessful attempt at the crossover, the MacD line now approaches the Golden Cross with the signal line. In the weekly time, this suggests that a long -term uplift can take root.
In order to fulfill this escape, the catalyst for market warming is likely to play a key role is the Decision of 17 October.
The immediate resistance to $ 0.186 remains a key threshold for decisive escape. The rejection here risk the confirmation of false escape and puts pressure back on the historic support zone.
If rejected, another main support level lies 45% lower on the market in the middle of 2024 around $ 0.09.
The last bull running collapsed when the FTX was now exposed to abuse of customer resources-relation on further bull running will emphasize security and self-harm.
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Contribution DOGECOIN PRICE PRICE: Whale activity 112% – DOGE can explode 345% He appeared for the first time Cryptonews.