Dogecoin 
DOGE is now again on the rise, thanks to a large increase in accumulation by whales. In the last week, addresses with 100 million to 1 billion DOGE boosted their holdings by 2 billion DOGE (roughly USD 500 million), indicating high confidence among major holders in the meme coin's long-term prospects.
Technical analysis on the monthly period shows that Dogecoin has the potential to maintain its bullish trend as long as the price stays above the lower trendline level around $0.15678. The movement's initial goal is classic resistance at $0.4688, with the possibility of further increases to the all-time high around $1.03 if strong momentum continues.
DOGE is now again on the rise, thanks to a large increase in accumulation by whales. In the last week, addresses with 100 million to 1 billion DOGE boosted their holdings by 2 billion DOGE (roughly USD 500 million), indicating high confidence among major holders in the meme coin's long-term prospects.Technical analysis on the monthly period shows that Dogecoin has the potential to maintain its bullish trend as long as the price stays above the lower trendline level around $0.15678. The movement's initial goal is classic resistance at $0.4688, with the possibility of further increases to the all-time high around $1.03 if strong momentum continues.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.