Dogecoin (DOGE) is gaining attention with technical indicators and on-chain data suggesting a bullish trend. A golden cross has appeared on DOGE's chart, a pattern often linked to significant price rallies. The cryptocurrency has maintained its $0.22 support level, showing bullish momentum with a hidden bullish divergence on the RSI and a potential MACD crossover.
Whale activity is also on the rise, with large holders acquiring 450 million DOGE tokens in late September. The long-to-short ratio on Coinglass has surpassed one, indicating increased bullish sentiment. A breakout above $0.256 could propel DOGE towards $0.311, with potential targets as high as $0.37 if the momentum persists.
Dogecoin Eyes $1 as Golden Cross and Whale Accumulation Boost Bullish Sentiment
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