Altcoins News
By Pankaj K
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Dogecoin is once again showing signs of life in the crypto market, with fresh whale accumulation and strengthening technical indicators suggesting a possible price breakout.
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The latest price rebound followed a strong defense of Dogecoin’s demand zone between $0.14109 and $0.15200.
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Derivatives data further supports the positive outlook. Funding rates across major exchanges remain in slightly positive territory, with Binance showing a rate of 0.009161%.
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On-chain activity has also shown encouraging signs of revival. Dogecoin recorded over 68,000 active addresses and more than 40,000 transactions in the last 24 hours.
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Adding another layer to the bullish outlook is the notable spike in Dogecoin’s Stock-to-Flow (S2F) ratio, which has now climbed to 128.94, its highest in months.
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Altogether, Dogecoin’s recent accumulation by whales, recovery from a key support zone, stable derivatives data, and reawakening user activity point to the possibility of a…
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