Dogecoin Whales Load Additional 200M DOGE In 4 Days: 'Breakout Ready To Occur Any Day,' Trader Predicts
Portfolio Pulse from Khyathi Dalal
Dogecoin whales have purchased an additional 200 million DOGE since May 30, prompting bullish predictions from traders. Technical indicators suggest a potential breakout, although the price has not yet increased. DOGE is currently trading down 2% at $0.1585.
June 04, 2024 | 11:52 am
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Dogecoin whales have purchased an additional 200 million DOGE since May 30, leading to bullish predictions from traders. Technical indicators suggest a potential breakout, although the price has not yet increased.
The significant purchase by Dogecoin whales and the alignment of technical indicators like the Bollinger Bands and LMACD suggest a potential breakout. Historical data shows that similar conditions have led to substantial price increases.
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