Dogecoin Flashes Bullish Signals, Major Price Reversal on the Cards
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...