menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

DOGE Futur...
source image

Coindoo

2d

read

182

img
dot

Image Credit: Coindoo

DOGE Futures Bubble Near Price Peaks, Data Shows

  • A chart by Cryptoquant indicates 'Too Many Retail' periods in red bubbles clustering around DOGE price peaks, suggesting an influx of retail traders in short-term futures contracts.
  • Red bubbles signify overheated retail activity, often predicting price peaks, while green and pink bubbles indicate more balanced market conditions during consolidations or early-stage rallies.
  • Monitoring retail futures behavior can help traders identify momentum shifts, exhaustion, short-term tops, and potential reversals in volatile assets like Dogecoin.
  • Behavioral indicators from derivatives trading could become more crucial for navigating high-volatility environments as the crypto market evolves, according to analysts.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app