Cryptocurrency

Something Big Looms on the Horizon for Dogecoin – DOGE Analysis



Something Big Looms on the Horizon for Dogecoin – DOGE Analysis
#crypto #cryptofoxxy #dogecoin prediction #memecoin #dogecoin

My favorite memecoin Dogecoin (DOGE) might be on the verge of soaring to new highs as the crypto market is gradually wriggling out of the losses accrued in the past week.

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Hey everyone how’s it going this is crypto foxy thank you so much for stopping by my channel so in this video we’re going to talk about Dogecoin one of my favorite meme coins and uh you know see what the uh the overall technicals look like and uh possibly

Where Dogecoin is going to go it is uh looking like something big could be looming on the horizon for Dogecoin uh so let’s get into it and before we do so please make sure you smash like button and you’re subscribed to my channel for more Dogecoin and other cryptocurrency

News and information and all the good stuff uh so Dogecoin might be on the verge of soaring to new highs as the crypto Market is gradually wiggling out some of the losses occurred in the past week um so data from the coin from into the block uh points out a fundamental

Shift that might spark a mega rally in the long term so the end of the block data shows a shift in both whale addresses and active uh daily Wallets on the network whales are making a splash of Dogecoin at the moment with an overall volume traded coming in at about $ 1.07 billion

Up about 177% in the last 24 hours so the daily active addresses have jumped by6 with a total of 57,187 9% below its all-time high of 73 it’s also poised to benefit from the newly approved spot Bitcoin exchange traded fund uh products by the United States Security and exch Exchange Commission so with uh that says one cent but I think they mean 10 cents acting as the ultimate barrier breach of this

Level in the longterm might Herald new possibilities in the months ahead um so yeah and interesting enough it is also altcoin season um so it’s altcoin season right now we’re uh sitting at 7 6 on the chart um so if top 75% of the Top If 75%

Of the top 50 coins perform better than Bitcoin over the last 90 days then that determines it’s allcoin season so excluded from the top 50 obviously our stable coins tethered uh Etc and uh asset back tokens like wrapped Bitcoin um you know stake e Etc so that uh is

Very interesting to note as well um we can see you know things are definitely um the sentiment around the whole cryptocurrency Market is definitely pretty positive um people are anticipating uh a very good um Bull Run when that eventually does come a massive bull market and uh you know so Dogecoin

Is going to be one that’s out there I mean Dogecoin is still a top cryptocurrency and uh for a good reason because there’s a lot of people who still believe in it still like it and it could be used um for everyday purposes as well you know tipping um

You know tipping your favorite content creators or uh you know you know payments Etc Dogecoin has a wide range of possibilities so that’s what I got for you guys in this video I thank you so much for tuning in um Dogecoin is one of my favorite meme coins and uh

Hopefully you like the content and keep coming back because I super love doing this and I really appreciate each and every one of you thank you so much and I’ll catch you in the next one peace

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