Dogecoin: Rising trend is looming, but risks remain
Dogecoin: Bullish signals and cautious choices
On June 25, the price of Dogecoin rose first and then fell. Technically, the EMA is close to forming a death cross, but there is also the possibility of breaking through resistance and rising.
From the distribution of holders, most addresses are profitable, and there may be a risk of profit-taking. The supply distribution shows that some holders are accumulating.
The price pattern forms a descending wedge. If it breaks through and the trading volume increases, it may rise by more than 74% from the current level to $0.216, but investors need to be cautious.
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