CandleFocus Dogecoin Large Transactions Surge 41% With 35% Uptick In Daily Addresses, Will Price Follow?
2024-11-19
Author: Content Editor
Dogecoin has experienced increased activity and a rebound in price following a correction. There has been a surge in large transactions involving amounts over $100,000, indicating potential whale or institutional involvement. Despite a recent pullback in price, there has been sustained interest in Dogecoin, as evidenced by a rise in large transaction volume and active addresses on the blockchain. This renewed interest has led to a 4% increase in price in the past 24 hours. Additionally, there are bullish sentiments as the Dogecoin price is on the verge of breaking above the upper trendline of a falling wedge pattern, potentially triggering another rally. As of now, the price is trading at $0.38.
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