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Dormant Dogecoins (DOGE) Awaken Following 19% Dip from Price Peak Beincrypto 11 دسامبر 2024

Dormant Dogecoins (DOGE) Awaken Following 19% Dip from Price Peak 🐕

Dogecoin

Dogecoin's recent increase in activity is observed as long-dormant coins have begun moving following a price dip of 19% from a peak of $0.48 on December 6. The move of these coins indicates a potential rebound.

The mean dollar invested age (MDIA) of Dogecoins has dropped to 370 days, suggesting these coins have become 31% younger. This trend shows dormancy is ending as coins are re-entering circulation.

The decline in MDIA indicates positive network activity, seen as a bullish signal in historical market patterns. The positive funding rate of 0.003% further underscores this outlook by showing that traders betting on price increases are predominant.

DOGE is trading above its Super Trend indicator at $0.34, signaling a possible price recovery towards its three-year high. However, if bullish support wavers, prices could fall to $0.31.

Overall, these indicators show Dogecoin has underlying potential for price growth, aligning with past bullish market movements.

منبع: beincrypto.com ↗

مقالات مشابه (13)

Dogecoin rally to $0.50 imminent after DOGE’s ‘overbought’ conditions cool down Cointelegraph 11 دسامبر 2024
Dogecoin rally to $0.50 imminent after DOGE’s ‘overbought’ conditions cool down
Past Performance Says Dogecoin Price Will Fall To $0.32 And Then Rocket 60% To $0.52, Here’s Why Bitcoinist 12 دسامبر 2024
Past Performance Says Dogecoin Price Will Fall To $0.32 And Then Rocket 60% To $0.52, Here’s Why
Dogecoin Price Consolidates Ahead Of Rally, Can The Next Leg-Up Push It To A $0.74 ATH? Bitcoinist 09 دسامبر 2024
Dogecoin Price Consolidates Ahead Of Rally, Can The Next Leg-Up Push It To A $0.74 ATH?
Dogecoin Price Nudges At Important December 30th Date As DOGE/BTC Chart Aligns Perfectly With Previous Cycle Bitcoinist 12 دسامبر 2024
Dogecoin Price Nudges At Important December 30th Date As DOGE/BTC Chart Aligns Perfectly With Previous Cycle
Analyst Says Dogecoin Price Target Still Remains $3 Despite Crypto Market Bloodbath Bitcoinist 11 دسامبر 2024
Analyst Says Dogecoin Price Target Still Remains $3 Despite Crypto Market Bloodbath
Dogecoin Breaks Out Of A Bullish Chart Formation, Time To Buy More DOGE? Bitcoinist 10 دسامبر 2024
Dogecoin Breaks Out Of A Bullish Chart Formation, Time To Buy More DOGE?
Dogecoin Pressing Range Highs – Can Bulls Push DOGE To ATH? Newsbtc 09 دسامبر 2024
Dogecoin Pressing Range Highs – Can Bulls Push DOGE To ATH?
Dogecoin Price Prediction: Here’s What The 91-Day Pattern Says Could Happen Next Newsbtc 09 دسامبر 2024
Dogecoin Price Prediction: Here’s What The 91-Day Pattern Says Could Happen Next
Dogecoin News: DOGE Shows Limited Uptrend Ahead, As Crypto Whales Move To Low Cap Gem, Topping Presale Charts With $1M Raised Crypto Daily 12 دسامبر 2024
Dogecoin News: DOGE Shows Limited Uptrend Ahead, As Crypto Whales Move To Low Cap Gem, Topping Presale Charts With $1M Raised
Dogecoin Price Bounces From Oversold Zone, Targets $18 In Next Cycle The Coin Republic 12 دسامبر 2024
Dogecoin Price Bounces From Oversold Zone, Targets $18 In Next Cycle
Here’s Why Dogecoin Price Is Ready For Next Leg To $1 Coingape 11 دسامبر 2024
Here’s Why Dogecoin Price Is Ready For Next Leg To $1
Top Analyst Ignores Dogecoin Price Crash: Sees DOGE Hitting $18 Coingape 10 دسامبر 2024
Top Analyst Ignores Dogecoin Price Crash: Sees DOGE Hitting $18
Dogecoin’s Potential Path to $0.50: Analyzing Trends and Indicators for a Possible Uptrend Coinotag 11 دسامبر 2024
Dogecoin’s Potential Path to $0.50: Analyzing Trends and Indicators for a Possible Uptrend

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