Can Dogecoin Price Reach $0.7 Again? What The Volume Trend Says

Can Dogecoin Price Reach $0.7 Again? What The Volume Trend Says
The Dogecoin price has failed to reach its all-time high peaks after repeated rallies and subsequent beat downs. So far, it has been a dance between testing major resistance levels, and bulls trying to hold support as sell-offs mount. During this time, there has been a lot of fluctuations in the volume of the meme coin. Using historical performance, the Dogecoin trading volume could give a hint for where the price could be headed next. DOGE Trading Volume Still Trending Low The Dogecoin trading volume has been trending low as the Dogecoin price has retraced over the last few months. This has culminated in a fluctuating market as investors remain very cautious when it comes to the market and meme coins like DOGE have suffered as a result. Related Reading: Dogecoin Price Resistance In View: Why The Key Lies At $0.25 According to data from the Coinglass website, the Dogecoin derivatives trading volume has not been able to even hit half of where it was back in November 2024 when the market was pumping. If anything, the ..

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