Dogecoin (DOGE) Price Prediction for February 2025
In the ongoing market uncertainty, the popular coin Dogecoin (DOGE) is expected to make large -scale rally because it has attracted widespread attention and the encrypted whale is strongly bet. Recently, a famous encrypted expert has released more than 560 million whales on X (previously Twitter).
The crypto whale purchased more than 560 million coins
The posts on X also emphasized that this major accumulation appeared after strong selling. At present, this shows that long -term holders, the increasing interest of whales and investors is increasing. In addition, whales and long -term holders have accumulated token.
From coinglass The spot inflow/outflow indicator shows that the exchanges and governors worth $ 13 million are the possibility of potential accumulation and purchasing pressure.
However, despite the accumulation of a lot of accumulation, Duke’s model did not see any major income or purchase pressure due to coins.
The interest of traders rises
In addition to the strong accumulation of whales and long -term holders, traders seemed to see a bullish on today’s Moin coin on February 1, 2025. When pressing, the proportion of Doge Long/SHORT BATIO is 1.05, indicating that the strong bullish emotions among traders.
With all these chain indicators, the Daomen model seems to be optimistic because of coins, which can support coins to get large -scale rising rally.
Dogecoin (DOGE) technical analysis and upcoming level
According to expert technical analysis, DOGE seems to see a bullish because it seems to have formed a dual price action mode within the daily range.
According to the recent price actions and historical momentum, if the price of Doge is higher than $ 0.31, it is likely to reach a level of $ 0.415 in the next few days, which may soar by 25 %.
The current transaction price of DOGE is close to $ 0.33, and the price in the past 24 hours has dropped by 0.25 %. During the same period, its transaction volume increased by 35 %, indicating that the participation of traders and investors increased compared with the previous few days.