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Dogecoin has been battered in the charts this year as it dipped nearly 46% year-to-date. It fell from a high of $0.39 early this year to a low of $0.17 on Thursday and is attracting bearish sentiments. However, DOGE is displaying bullish reversal signals that could make its price soar, according to the leading analytical firm Santiment. Also Read: Here’s What a $1,000 Bitcoin Investment Today Might Be Worth in 2030 Source: Coingecko The analytical firm pointed out the increasing number of wallets owning Dogecoin as its price dipped. The number of wallets holding over 1 million DOGE has also surged by over 1%. The Dogecoin network is also brimming with activity with close to 150,000 active addresses per day. All these developments indicate investors’ confidence in the leading meme coin. Also Read: Pi Network Rallies 3%: PI On Target For New All-Time High Dogecoin Could Turn Bullish With Major Price Reversal Source: Watcher Guru Santiment shared a chart showing Dogecoin’s acti...

Real Vision’s chief crypto analyst Jamie Coutts is saying that a major Bitcoin (BTC) metric is flashing a bullish signal. Coutts says that the number of active Bitcoin addresses is rising after a downtrend that lasted for eleven months. According to Coutts, the number of active Bitcoin addresses as a predictive tool remains “one of the most significant base-level on-chain metrics.” The Real Vision cryptocurrency analyst further says that Bitcoin could surge to between $147,600 and $184,500 this cycle. “While I anticipate Bitcoin reaching 2x to 2.5x its all-time high this cycle, a corresponding breakout in base chain active addresses would undoubtedly validate the network valuation. After all, Bitcoin is a global monetary network; demonstrating organic network growth and adoption across all metrics helps underwrite its future.” Source: Jamie Coutts/X Bitcoin is trading at $61,830 at time of writing, down by around 16% from the all-time high price of...