The value of Dogecoin (DOGE) has increased by 7% in the last 24 hours due to increased trading activity in the broader crypto market. Traders have been holding onto DOGE for longer periods, indicating a preference for accumulation rather than selling. This has reduced selling pressure and driven up the value of DOGE. Positive funding rates and a rising Chaikin Money Flow further reinforce the bullish outlook for DOGE. It is predicted that the price of DOGE could reach $0.32 if buying pressure continues, while a bearish scenario could cause the price to drop to $0.24 or $0.19 if support levels are not defended.



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