Renowned crypto analyst Javon Marks suggests that Dogecoin (DOGE) could be on the verge of another significant rise to new all-time highs, based on its historical patterns.
CoinGlass data shows an increase in DOGE's Open Interest, indicating growing market interest and potential for a large price movement.
The Long/Short ratio for DOGE is positive, suggesting a bullish outlook among traders.
On-chain activity for DOGE remains strong, with weekly transactions surpassing 1.93 million, indicating increased network usage and potential for major price increases.