#CryptoSurge2025
DOGEUSD is signaling a potential bullish breakout from a narrow trading range
The development of positive dynamics wil allow the price of Dogecoin to recover above the multi-year maximum of $0.48. The bullish scenario is supported by the increase in the holding period of DOGE tokens and accumulation by large players
Dogecoin investors reduce distribution
On-chain analysis of DOGE showed a significant increase in the time held by all tokens whose transactions occurred in the last seven days. According to IntoTheBlock, this indicator increased by 302% during the reporting period.Metric reflects the average duration during which tokens remain in wallets before being sold or moved. Extended holding periods, as in this case, reduce selling pressure. This reflects stronger investor confidence preferring to hold their coins rather than dispose of them.