Dogecoin is rising! On-chain indicators are bullish, and the price may rebound!
Dogecoin may be turning over recently! On-chain data shows that there are more and more people buying and selling Dogecoin in a short period of time, which means that the price of Dogecoin may rise.
If Dogecoin continues to move like this, the price may soar to $30! This is not a small amount. The current price trend of Dogecoin is very similar to the previous big rise, which first had a small correction and then suddenly rose.
Dogecoin is breaking through a multi-year descending triangle pattern, which has always indicated a big price rise in history. If history repeats itself, the price of Dogecoin may rise by 200%, directly to $0.2236!
Moreover, the big holders of Dogecoin, that is, the "whales" who hold a large amount of Dogecoin, have also been buying frantically recently, accumulating more than 2 billion Dogecoin in a week, which is their most important buying action this year. This shows that the big holders are particularly confident in Dogecoin, and it also indicates that the price may fluctuate greatly.
Not only that, the number of active addresses of Dogecoin has increased, reaching the highest level in the past eight months, which means that more and more people are paying attention to Dogecoin, and new users are also increasing. The number of wallets has also exceeded 90 million, which is a great thing, indicating that the foundation of Dogecoin is becoming more and more solid, and the future development potential is huge.
The test of the bull market is not only the rise and fall of the market, but also the test of our mentality. In the face of changes in the account, we must remain rational. Next, I will announce the next ten-fold potential coin! It is better to grasp it than to guess!
