Attention! Big things are coming!
$DOGE is making a strong comeback!
Whales are buying in large quantities, a breakthrough is imminent, and market enthusiasm is soaring!
DOGE has recently regained popularity due to the actions of whales, and everyone's confidence in its ability to break important price levels has increased.
These whales continue to buy DOGE, accumulating a total holding of 1.08 billion, which has historically driven the price of DOGE to soar and plummet multiple times.
The current price of Dogecoin is $0.38, which is not only due to the recovery of the broader market but also because DOGE itself has drawn attention from many.
The price has rebounded from a low of $0.31, especially with the breakout of that descending wedge, which is a clear bullish signal; the price is now heading towards the key level of $0.41.
Moreover, it's not just the price; technical indicators also show that the average directional index has reached 27, indicating an increasingly strong trend. The MACD has also shown a bullish divergence, with the histogram moving into positive territory.
The network activity of DOGE is also remarkable, with the number of active addresses and new addresses more than doubling, as more people start to pay attention to and use DOGE. Whether retail investors or institutions, this has made the price of Dogecoin more stable and increased trading activity.
Trading volume is soaring, especially for large transactions, which clearly indicates institutional involvement; there are also many small transactions, showing that retail investors are particularly active. The derivatives market is also very optimistic, with open interest and options both increasing significantly, and trading volume is surging.
Opportunities are about to arise, and for the upcoming layout direction, I will guide everyone to target the highly profitable opportunities in altcoins, with an expected gain of over ten times being quite feasible. Like + comment, and I'll take you through the entire bull market!
