Dogecoin Sees Rapid Accumulation Following Price Drop To $0.11
Dogecoin has been on a downtrend for more than six months now. The meme coin which found favor in the eyes of investors had been able to rally to new highs but has been unable to replicate this success. Nevertheless, this has not been a deterrent for investors who continue to pour money into the digital asset. Most notable have been the whales as they accumulate massive amounts of Doge through its downtrend. Dogecoin Whales Not Giving Up Dogecoin is a long way from its $0.7 all-time high but that does not mean that investors believe that the digital asset is done for. In fact, Dogecoin....
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With the market remaining indecisive, Dogecoin has found its way into another accumulation phase after being rejected by bears once again. This has seen its price stuck just above $0.2, with a failure to mark any successful breakout. However, with accumulation trends, they often tend to form the basis for the next move, which could […]
Crypto analyst Crypto Bullet has revealed a bullish pattern for the Dogecoin price, which could send the meme coin above $3.2. The analyst also provided a timeline for when the foremost meme coin could reach this price target. Dogecoin Price Eyes Rally Above $3.2 As Textbook Accumulation Cylinder Forms In an X post, Crypto Bullet […]
Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their clients, including Goldman Sachs and Morgan Stanley. Citigroup is reported considering launching cryptocurrency services after seeing a surge in interest from clients, the Financial Times reported Friday. While no decision has been made regarding its crypto services, the publication reported....
Crypto analyst Cryptokijker has revealed that the Dogecoin price is poised for a breakout amid massive whales’ accumulation. The analyst also revealed the price targets that DOGE could reach following this breakout. Dogecoin Price Poised For Breakout Above $0.17 In a TradingView post, Cryptokijker predicted that the Dogecoin price is poised for a breakout above $0.1790. The analyst revealed that the targets on this potential breakout are $0.1840 and $0.1920. He noted that the price at this level is showing a neutral-bullish structure after the recent breakout above the Previous Day Low....
Shibes everywhere should "much rejoice," because the Dogecoin price is having an impressive run. After falling as low as ninth in total market cap during summer 2014, Dogecoin has roared back to life with a massive price increase that shows signs of permanence. The Dogecoin price has experienced double-digit percentage increases several times throughout the last month-including this week. CCN analyzes this altcoin price swing to help traders make informed investing decisions. Dogecoin Price Increases 23% in 24 Hours. The Dogecoin price has been in a sustained uptrend throughout the month....