Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 11975
Mercata: 92589
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
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Mercato
24h Vol
11975
Cryptocurrencies
54.28%
Bitcoin Condividere
ZyCrypto 2024-12-15 07:46:31

Dogecoin Indicators Are Bullish Amid Whale Accumulations, DOGE Price To Explode?

Dogecoin Indicators Are Bullish Amid Whale Accumulations, DOGE Price To Explode?

Dogecoin (DOGE) bulls are recording massive purchases amid sideways trading, signaling an uptrend in the coming months. The asset’s on-chain factors are flipping green alongside top crypto on the back of institutional demand and Elon Musk’s influence. This scenario is similar to the 2021 bull run, which saw the asset soar to an all-time high. Data from crypto analytics from Messari shows that wallets with 1 million DOGE have amassed over 130 billion tokens. This all-time high acquisition indicates increased whale participation in the ecosystem as market confidence ticked upward. A similar situation occurred in the 2021 bull run, as whale addresses began accumulating assets, reaching as high as 110 billion tokens. Like in 2021, Elon Musk’s presence is also at the center of this rally. The billionaire’s famous appearance on Saturday Night Live was a huge development for Dogecoin at the time, with bulls projecting more adoption for the asset. After Donald Trump’s victory, the DOGE price surged alongside the wider market and Elon Musk’s participation. Musk’s nomination as joint head of the Department of Government Efficiency (DOGE) led to more inflow to Dogecoin. The assets have been up 220% since the November polls, which has attracted bullish interest. A key factor for the DOGE price rise is the possible turn to the altcoin season and meme coin swings. Recent flows into the asset could ignite a similar run in previous bull cycles. On-chain Similarities Attracts Whales Dogecoin’s Relative Strength Index (RSI) has soared above 70 into the overbought zone, often indicating a retracement. However, in 2021, a similar metric led to continuous bull pressure. While the RSI led to an upward swing three years ago, many remain skeptical about present market conditions. Furthermore, recent price consolidations after previous highs point to the last bull phase. Growth after the US election has stalled for most meme coins, and prices have begun a consolidation phase. A series of outflows mark this as volatility continues. However, the meme coin consolidation is usually followed by a breakout, leading to a frenzy as holders look to pick up huge gains. At press time, Dogecoin trades at $0.40, a 0.2% drop in the last 24 hours, taking weekly exits to 7.2%. Meanwhile, the total meme coin market cap is down 3%, with the market cap at $132.4 billion.

La maggior parte ha letto le notizie



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Mercato
24h Vol
54.28%
Bitcoin Condividere
104
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