Dogecoin price forecast historical seasonality charts suggest

Historical seasonality charts suggest Dogecoin gains in midsummer trading sessions. Statistical models forecast a 9% growth potential from current $0.162 pricing, cut short only by stronger USD moves. According to Coinglass, Dogecoin open interest rose 1.4% to $3.9 billion in the 24 hours. That represents over $110 million in new bullish DOGE positions deployed, even as $1.4 million in longs were liquidated compared to $438 in shorts. This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved. Dogecoin price forecast is influenced by rising whale wallet activity. On-chain data shows transactions above $5M rising 15% daily, historically preceding 5-10% upward price swings in the short term.