Good morning, family. May today bring positive energy, profitable opportunities, and steady progress toward your goals. Wishing everyone health, peace of mind, and success. Red packet to spread good luck and blessings to all. $PEPE {spot}(PEPEUSDT) $RIVER {alpha}(560xda7ad9dea9397cffddae2f8a052b82f1484252b3)
High trading volume is generally seen as a positive indicator of any upward movement, as it reflects increased participation from retail and institutional traders, and potentially large investors.
For a currency heavily reliant on collective momentum like DOGE, this activity could contribute to increased buying power and the continuation of the upward trend.
Additionally, the hourly charts showed the formation of what is known as a golden cross, a technical pattern that occurs when a short-term moving average crosses above a longer-term moving average.
In this case, #DOGE recorded a 9-period moving average crossing above its 26-period moving average, a bullish signal indicating that short-term momentum is beginning to outperform the previous trend and could pave the way for a new upward wave, especially if it continues to be supported by strong trading volume.
High trading volume is generally seen as a positive indicator of any upward movement, as it reflects increased participation from retail and institutional traders, and potentially large investors.
For a currency heavily reliant on collective momentum like DOGE, this activity could contribute to increased buying power and the continuation of the upward trend.
Additionally, the hourly charts showed the formation of what is known as a golden cross, a technical pattern that occurs when a short-term moving average crosses above a longer-term moving average.
In this case, #DOGE recorded a 9-period moving average crossing above its 26-period moving average, a bullish signal indicating that short-term momentum is beginning to outperform the previous trend and could pave the way for a new upward wave, especially if it continues to be supported by strong trading volume.
Dados da Glassnode confirmam esse cenário , apontando que carteiras com balanços entre 1.000 e 10.000 BTC atingiram índices máximos de compra. Essa movimentação estratégica funciona como um suporte vital para a cotação atual, repetindo padrões históricos que precederam grandes altas anteriores. Em contrapartida, observa-se um comportamento oposto entre os investidores de varejo; assustados pela volatilidade e influenciados por um sentimento de medo generalizado, os pequenos detentores têm optado pela liquidação de suas posições
Dados da Glassnode confirmam esse cenário , apontando que carteiras com balanços entre 1.000 e 10.000 BTC atingiram índices máximos de compra. Essa movimentação estratégica funciona como um suporte vital para a cotação atual, repetindo padrões históricos que precederam grandes altas anteriores. Em contrapartida, observa-se um comportamento oposto entre os investidores de varejo; assustados pela volatilidade e influenciados por um sentimento de medo generalizado, os pequenos detentores têm optado pela liquidação de suas posições
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