Dogecoin Whales Accumulate 800 Million DOGE in 48 Hours
Dogecoin is experiencing potential recovery signs after recent volatility.
- Currently trading above $0.15, targeting resistance at $0.17.
- Whale activity noted with over 800 million DOGE accumulated in 48 hours.
- Technical indicators are showing bullish momentum.
- Market conditions remain uncertain due to global macroeconomic factors.
Analysts suggest that Dogecoin must break through the $0.17–$0.18 zone for a confirmed rally. If successful, this could lead to further upward movement toward $0.20, last seen in early April. However, failure to hold above $0.15 may result in a decline to $0.13 or lower.
Investors should monitor price action closely as Dogecoin stands at a critical juncture, influenced by both whale accumulation and market sentiment.
