Why Dogecoin (DOGE) May Be Approaching Its "Last Dance"
The meme coin that issues market capitalization and liquidity in the cryptocurrency market shows several potential indicators of a new short-term rise.
Analysis from Swissblock and its notable correlation with Bitcoin raises hopes that DOGE may recover after five consecutive months of decline.
Swissblock expects that DOGE may face a "last dance"
Altcoin Vector, the institutional arm of alternative coin research at Swissblock, recently indicated that DOGE's Impulse Indicator shows a notable signal. The Impulse Indicator is Swissblock's measure of momentum for the altcoin.
A strong rise in the push indicator could be the ultimate catalyst. It may lead to a new rise in DOGE prices
DOGE
0.09168
+0.63%
$USDT