Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 13286
Mercata: 104213
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Mercato
24h Vol
13286
Cryptocurrencies
64.24%
Bitcoin Condividere
crypto.news 2025-07-07 15:23:53

Dogecoin price double bottoms as whale accumulation continues

Dogecoin price double bottoms as whale accumulation continues

Dogecoin price formed a double bottom pattern, pointing to an eventual rebound as whale accumulation continues. Dogecoin ( DOGE ) was trading at $0.1700 on July 7, a few points above the year-to-date low of $0.1467. It has dropped by 35% from its highest point this May. On-chain data shows that whales have continued adding to their positions in the past few months. Holders with between 1 million and 10 million tokens now hold over 10.5 billion, up from 10.32 billion in February. Similarly, those with between 10 million and 100 million coins now hold over 24.8 billion, up from last year’s low of 18.2 billion. Increasing whale accumulation is a bullish sign because these investors are often more experienced than retail participants. Dogecoin whale accumulation | Source: Santiment You might also like: Cardano price at risk as key ecosystem metrics tumble More data shows that Dogecoin’s funding rate has remained in the positive zone since July last year. A positive funding rate is a sign that investors anticipate the future price will be higher than it is today. Dogecoin’s price has held steady after Elon Musk launched The American Party, which he hopes will become the third major political party in the U.S. He formed the party after falling out with Donald Trump, who signed a law that Musk believes will lead to more government spending. The so-called Big Beautiful Bill also ends a popular electric vehicle Musk is often seen as the “Dogefather” for popularizing Dogecoin in 2019 and 2020, helping it become a multi-billion-dollar asset. Dogecoin price technical analysis DOGE price chart | Source: crypto.news The daily chart shows that DOGE price bottomed at $0.1467, a notable level that was the lowest point in March, April, and June this year. It has formed a double-bottom pattern whose neckline was at $0.2596, the highest point in May. A double bottom is one of the most popular bullish reversal patterns. The Relative Strength Index has bounced back and is nearing the neutral point at 50. Similarly, the two lines of the MACD have made a bullish crossover and are pointing upward. Therefore, the coin will likely maintain its bullish outlook as long as it remains above the double bottom at $0.1467. A rebound could see it rise and retest the resistance level at $0.2595. A drop below the support at $0.1467 would invalidate the bullish forecast. You might also like: Floki price rises as exchange reserves tumbles, social dominance surges

La maggior parte ha letto le notizie

Moralis Money
Mercato
24h Vol
64.24%
Bitcoin Condividere
0
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta