, during the intraday trading session on 26 October, DOGE’s price rose above $0.072 for the first time in the past ten weeks.
Over 450 DOGE whale transactions that exceeded $100,000 had been completed before 23:00 UTC on 26 October. As of this writing, the count stood at 190. DOGE’s Relative Strength Index was spotted far from the neutral spot at the overbought region of 79. The indicator’s sudden surge from 44.82 on 24 October to 79 indicated a boom in buying pressure in the last few days. Such highs are usually followed by buyers’ exhaustion and inability to sustain the same, hence a reversal.
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