Will Dogecoin’s Post-Halving Wave Drive Prices Higher? Bullish Analysts Weigh In
Dogecoin price movements have sparked interest in its future potential, with many analysts providing optimistic Dogecoin price predictions.
Analysts like Rickus note a steeper trend angle in Dogecoin’s chart compared to previous cycles, predicting a breakout in five to six weeks and subsequent resistance retests.
This outlook is supported by growing transaction volumes and more daily active addresses.
With the number of addresses holding Dogecoin reaching 90 million, rising adoption highlights the potential for continued bullish Dogecoin price prediction.
The recent upward rally in Dogecoin is driven by increased trader interest and improving key metrics. Analysts like Rickus note a steeper trend angle in Dogecoin’s chart compared to previous cycles, predicting a breakout in five to six weeks and subsequent resistance retests.
Additionally, MikybullCrypto anticipates a post-halving rally, highlighting bullish indicators such as growing transaction volumes (up 37.5%) and daily active addresses (up 2.3%).
The number of addresses holding Dogecoin has surged to 90 million, underscoring rising adoption.
$DOGE
A post-halving wave of rally brewing.
Get ready! pic.twitter.com/tO3MoH9kfY
— Mikybull
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