MEXCDOGE Price to $2- Analyst Predicts Bullish Rally As ETF Approval Odds Surge and Whales Open $12M Longs
Highlights
- Dogecoin price is up 7% today as the broader crypto market rallies.
- An analyst forecasts that DOGE may reach $2 as the price sits in a strong accumulation zone.
- Whales are leveraging the situation by opening over $12 million long positions.
Dogecoin price might be getting ready for its next leg up after it pushed past a multi-week resistance. Because of this, an analyst now says that DOGE might get to $2. Meanwhile, the odds that the SEC is going to greenlight a spot ETF are rising, and this is attracting whale activity. DOGE trades at $0.24 today, August 9, with a 7.75% gain.
Frequently Asked Questions (FAQs)
1. Why is the Dogecoin price up today?
2. Can DOGE price reach $1?
3. Why are whales going long on Dogecoin?
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