Dogecoin Open Interest Hits Monthly Highs As Memecoin Gains In Market Rally, Analyst Forecasts 74-100% Jump
Portfolio Pulse from Aniket Verma
Dogecoin (DOGE) has seen significant gains this week, with analysts predicting a potential 74-100% jump in its price. The memecoin's open interest has hit monthly highs, and its positive funding rate indicates bullish sentiment.
May 16, 2024 | 3:54 am
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Dogecoin (DOGE) has experienced a notable increase in price and open interest, with analysts predicting a potential 74-100% jump. The memecoin's positive funding rate and technical patterns suggest bullish momentum.
The article highlights significant bullish sentiment around Dogecoin, supported by technical analysis and increased open interest. These factors suggest a strong potential for price appreciation in the short term.
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