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Dogecoin (DOGE) Open Interest Drops, Price Stable Above $0.10 Beincrypto 2 ay önce

Dogecoin (DOGE) Open Interest Drops, Price Stable Above $0.10 🐕

Dogecoin (DOGE) has seen a sharp decline in its derivatives market activity, with open interest falling to $2.51 billion from over $10 billion a month ago. The cryptocurrency's value has dropped by 30% over the past month, stabilizing at around $0.10. However, the Chaikin Money Flow indicator shows a bullish divergence, suggesting that despite the price drop, there is significant buying volume. This could potentially lead to a price rebound to $0.11, though sustained selling pressure could see the price fall to $0.08.

Kaynak: beincrypto.com ↗