Dogecoin (DOGE) is showing signs of a potential breakout from its narrow trading range. The increased accumulation and longer holding periods by large holders suggest stronger investor conviction and reduced selling pressure. DOGE whales have also increased their holdings, indicating increased confidence in the future price movement. If this bullish momentum continues, DOGE could revisit its multi-year high of $0.48. However, if accumulation stalls and selling activity resumes, DOGE's price could slip to $0.29.



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