Dogecoin price holds $0.09, but futures activity is losing steam

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Dogecoin (DOGE) price is holding around $0.09 after a significant surge in late August, climbing from the $0.07 zone. Cryptoquant data reveals that sellers are gaining the upper hand, with trading intensity notably declining compared to previous periods. However, large players remain active, as confirmed by the persistence of larger-than-average orders. Technical indicators show that buying strength is still present, with the RSI above the neutral zone, but the MACD signals a slowdown that would require a wave of buying to push prices higher.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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