CandleFocus Expert Shares Crucial Metrics Necessary for Dogecoin Rally, with One Already in Play
2025-02-12
Author: Content Editor
Prominent market analyst Ali Martinez has identified key on-chain metrics that could trigger another rally for Dogecoin amidst a sideways price trend. Martinez highlighted that metrics such as daily active addresses, transactions, and whale activities are at a crucial level and these were key factors in Dogecoin's previous bullish run. He also noted that whales have been accumulating Dogecoin, indicating growing demand and confidence in its long-term prospects. Martinez predicted that if Dogecoin rebounds from its current lows, it could surge to $4 and potentially reach even higher targets of $10 to $23. Currently, Dogecoin is trading at $0.2534.
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