Dogecoin Price Prediction: Will $0.26 Breakout Spark New Bullish Run?
The post Dogecoin Price Prediction: Will $0.26 Breakout Spark New Bullish Run? appeared on BitcoinEthereumNews.com. Key Insights: Over 75% of Binance Futures DOGE traders are long, showing strong bullish sentiment across retail and top accounts for dogecoin price. Dogecoin open interest has surged 23.52% in 24 hours to $2.76B, outpacing its 15% price rise. The RSI at 79.71 and a breakout above the $0.22 Keltner band signal potential momentum toward the $0.26–$0.28 range. Dogecoin (DOGE) has gained strong attention after a 15.69% price rally, pushing it to $0.2375. Market data shows high trading activity and positive sentiment. When writing, traders were now watching the $0.26 level as a possible breakout point. The meme coin has held above a key support, and futures markets showed rising open interest. This setup raised expectations that Dogecoin price could start a new upward trend soon. Uptrend Holds as 75% of Futures Traders Stay Long on DOGE Dogecoin price continues to trade above a steady ascending support line, reinforcing the current bullish structure. The pair has bounced from this trendline multiple times, showing that buyers are protecting key levels. Recent sideways price ranges have ended in upward moves. It is a pattern seen during accumulation phases in strong trends. DOGE has maintained a sequence of higher highs and higher lows, with no breakdown below recent support. It supports the ongoing uptrend. Ali_Charts shared that over 75% of positions in Binance Futures were long. The DOGE/USDT long/short ratio stood at 2.83 on Binance and 2.85 on OKX, pointing to bullish sentiment among retail traders. Source: X While global long/short data reflected slight caution, with a 24-hour ratio of 0.929, shorter timeframes showed more short liquidations. This intraday behavior may increase upward pressure as Dogecoin price approaches the key $0.26 level. Derivatives and Options Data Show Strong Trader Commitment Dogecoin’s derivatives market saw rising participation as the price trend continued. Open interest…
The post Dogecoin Price Prediction: Will $0.26 Breakout Spark New Bullish Run? appeared on BitcoinEthereumNews.com.
Key Insights: Over 75% of Binance Futures DOGE traders are long, showing strong bullish sentiment across retail and top accounts for dogecoin price. Dogecoin open interest has surged 23.52% in 24 hours to $2.76B, outpacing its 15% price rise. The RSI at 79.71 and a breakout above the $0.22 Keltner band signal potential momentum toward the $0.26–$0.28 range. Dogecoin (DOGE) has gained strong attention after a 15.69% price rally, pushing it to $0.2375. Market data shows high trading activity and positive sentiment. When writing, traders were now watching the $0.26 level as a possible breakout point. The meme coin has held above a key support, and futures markets showed rising open interest. This setup raised expectations that Dogecoin price could start a new upward trend soon. Uptrend Holds as 75% of Futures Traders Stay Long on DOGE Dogecoin price continues to trade above a steady ascending support line, reinforcing the current bullish structure. The pair has bounced from this trendline multiple times, showing that buyers are protecting key levels. Recent sideways price ranges have ended in upward moves. It is a pattern seen during accumulation phases in strong trends. DOGE has maintained a sequence of higher highs and higher lows, with no breakdown below recent support. It supports the ongoing uptrend. Ali_Charts shared that over 75% of positions in Binance Futures were long. The DOGE/USDT long/short ratio stood at 2.83 on Binance and 2.85 on OKX, pointing to bullish sentiment among retail traders. Source: X While global long/short data reflected slight caution, with a 24-hour ratio of 0.929, shorter timeframes showed more short liquidations. This intraday behavior may increase upward pressure as Dogecoin price approaches the key $0.26 level. Derivatives and Options Data Show Strong Trader Commitment Dogecoin’s derivatives market saw rising participation as the price trend continued. Open interest…
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