As a memecoin, not many would expect that development activity would have an impact on Dogecoin's [DOGE] price. However, this means...
Dogecoin’s . This has been the case since 24 April. However, DOGE has also been consistently consolidating between $0.13 and $0.16 during this very period.Development activity measures the rate at which engineers publicly improve a project’s network. Looking back, the metric jumped from 0.39 to 16.24 back in February.
One indicator AMBCrypto looked at was the liquidation levels. This indicator shows estimated price levels where liquidation events might occur. At press time, the CCLD was positive. From a price perspective, the reading indicates that Dogecoin might undergo a full retrace. If this remains the case, the $0.12
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