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Price Prediction

$ 1 dogecoin? The accumulation of whales indicates a recovery – an analyst

The encryptions expected that Dogecoin can still reflect its current declining direction and pushed himself to obtain one dollar for each currency, an expectation that may increase investor optimism about the popular Mim currency.

Market experts said that Illon Musk’s favorite Mimi can press the growing whale activity and positive expectations from RSI random analysis, which shows the possible upcoming upward price path.

Optimism

Dokwin Perhaps it was not rescued due to the state of the descending market that affects the wider encrypted currency area, but despite facing many short -term challenges, encryption analysts remain confident in the future of the distinctive symbol and predicting a possible increase in its value.

The data showed that Duj moved slightly with a 2 % increase in the past week, but it suffered a 36 % decrease in prices in its price in the broader image, which raises concern among its investors.

As of writing, Dogecoin is traded at $ 0.1678, a decrease of 0.5 % over the past 24 hours, reflecting the total negative market morale. However, the Mumikoin The market is still dominated by 0.92 % with the market value of about $ 25 billion and 24 -hour trading volume of more than $ 816 million.

The decline and challenges that Dog face in the short term cannot be overwhelmed, cannot overwhelm the long -term growth capabilities of the distinctive symbol.

Pisces activity in height

Analysts said that one of the main optimism engines on Doge is the big investors who record a positive activity that can enhance the growth of Memecoin in the coming months.

Market monitors revealed this whale The activity increased over the past week with more than 110 million DOGE symbols gained by big investors. These investors are betting that the meme symbol may ripen due to a possible outbreak, highlighting the confidence of the whales in the growth of the distinctive symbol in the long term.

It is also an indication that whales do not look at the fluctuation of currency in the short term, but on its long -term horizons.

Can Dukwin reach $ 1?

Meanwhile, an encrypted analyst believed that Dogecoin could reach $ 1 per currency, which caused the interest of merchants in the mechanics.

Trader Tardigrade said in a publication that expectations use RAM RAM Show a bright future for Crypto Meme, indicating that it can recover from short -term declines that lead to an increase in prices.

“#DogeCoin Stocastic Rsi suggests that $ DOGE can stop the downward trend here and aims to a $ 1 sign,” noted Trader Tardigrade.

The main indicator suggested that DOGE can reflect the declining direction and coordination of the progressive price movement, which also drives optimism between investors.

RAS is a scale used to discover directional repercussions, which now gives hope for betting on the return of Dogoin.

Distinctive image from Gemini Imagen, the tradingvief chart

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