Dogecoin Up 15% In 7 Days And One Indicator Shows It May Be 'Primed For An Aggressive Up Move'
Portfolio Pulse from Khyathi Dalal
Dogecoin (DOGE) has seen a 15% increase in the past seven days, with rising open interest and increased derivatives trading volume signaling heightened interest. Analysts predict a bullish rally based on technical patterns and increased large transaction volumes.
July 22, 2024 | 6:53 pm
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Dogecoin has seen a 15% increase in the past seven days, with rising open interest and increased derivatives trading volume. Analysts predict a bullish rally based on technical patterns and increased large transaction volumes.
The increase in open interest and derivatives trading volume indicates heightened interest in Dogecoin. Analysts' predictions of a bullish rally based on technical patterns and increased large transaction volumes further support a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100