2d ago
Dogecoin Tests $0.17 Support as Long-Term Holders Offload 22 Million DOGE
Dogecoin is trading near $0.18 after a 27% decline from its November high. On October 31, long-term wallets recorded net outflows of 22 million DOGE versus 8.2 million inflows, representing a 36% behavioral shift, according to Glassnode data. Technical indicators show a death cross formation after the 50-day EMA crossed below the 200-day EMA in late October.