Dogecoin bulls set sights on $0.85 as the next significant milestone

DOGE holders intensify memecoin accumulation in anticipation of a price rally beyond the $.075 supply wall.

The $0.75 supply wall means many DOGE holders anticipate selling off their holdings at that price level. If the price per DOGE rallies above $0.75, it is considered to be breaking through the supply wall.

This pattern of increased DOGE accumulation at the $0.85 price level suggests if the altcoin manages to get to that price point in the current market cycle, it might find strong support for its value to climb even further.An assessment of the memecoin’s price movements in a daily chart revealed an uptick in DOGE accumulation in the past few weeks in anticipation of a price rally above the supply wall.

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