Chart of the week: Dogecoin could rally in double-digits on three conditions
Portfolio Pulse from
Dogecoin (DOGE) has rallied nearly 10% this week, demonstrating strength against macroeconomic challenges. Technical indicators like RSI and MACD suggest bullish momentum, with potential to test resistance at $0.24040. On-chain analysis shows increasing holder numbers and steady active addresses, while derivatives data indicates positive trader sentiment.
March 27, 2025 | 10:30 pm
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POSITIVE IMPACT
DOGE shows resilience with rising holder count, positive derivatives positioning, and technical indicators suggesting potential price increase to $0.24040.
Multiple factors support a bullish thesis for DOGE: rising holder numbers, positive derivatives positioning, RSI above neutral, MACD showing green histogram, and accumulation by mid-size wallet holders.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100