The whales buy large amounts of dogecoin before the potential height that has been prepared for the price for 4 years.
The purchase of whales – that is to say the main traders – for Dugecoin, increased by 112% in a week after the relative stability of the price and its passage with slight fluctuations for a month, indicating the growing optimism on the expectations of the short -term dogecoin prices. The price of this MG currency is always limited to a range varying between $ 0.176 and $ 0.126 without acquiring a moment of adequate or significantly height.
According to Intothheblock Data, the net investments of the large owners of this currency increased by 111.97% in last week, again indicating the interest of the institutional actors of Dogoin.
With the extension of the deadline for the request for customs tasks announced by Trump on the “Liberation Day”, and the weighting of the reduction in interest rates between 0.25% and 1% from July, the conditions of fear and uncertainty (FUD) drop in the total economy in favor of risk conditions.
Update: Most large banks now excel the Fed to reduce the rates of 25 to 100 BPS starting as a pilgrim, while some still see no reduction in 2025. pic.twitter.com/rjnpvpimym – Cointelegraph (@cointelegraph) June 30, 2025
Dogoin currency is affected by the situation in the sector in general to increase the interest in speculating on its price due to these developments calling for optimism, with the increase in the value of the term contracts open for this currency to more than $ 2 billion for the first time since June, and its increase of 21% since the start of the current month, according to Codedlass data.
In addition, derivative contracts show an increasing interest in the price movements of this currency, with a significant rate of positive financing rate of 0.21% on the lasting demand of speculative centers at a high price, which means that traders are betting on the high price of dogecoin.
Dogoin: Why do traders bet on its peak?
The interest in derivatives and institutional investments in Dogoin currency has its price to confirm its violation of the cutting model and the handle continues for 4 years.
The price is now close to a very important field in which the level of continuous historical support since the middle of -2024 believes itself with the upper line of the handle, and if the price succeeds in surviving at the highest level, it can increase towards the target level of this style to $ 0.75, an increase of 345% compared to the current levels, and these optimistic expectations are reinforced by looking at the reality indicators (RSI) Reality (RSI) – RSI) – RSI) 43 Currently – is around the level of the neutral line, which indicates a decrease in the pressure of the sale after the buyers work strongly.
After MacD has provided a bad signal, this indicator now approaches the signal line, which indicates in the price table for a week to increase the strength of the long -term trend.
The price needs a solid catalyst to achieve these high levels, and the decision of the securities and (dry) Committee Committee is likely to play an ETF Doga Doge with an important role.
The price must also violate the next level of resistance to $ 0.186 in order to continue to increase sharply, and in the event that the price does not manage to violate this level, it can decrease again to the historic support area, but if it decreases below, it can continue to decrease towards the next level of significant support – corresponding to the top of its decrease in the middle of -2024 – $ 0.09, or 45% compared to the current level.
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The price of the price of the Dogoin-Dogy price is 112%, and the probability of the price increased by 345% appeared first on Arab Cryptonews.