In the middle of the uncertainty of the current market, the largest whale Dogecoin (DOGE) began to show its interest and take a big step. On March 10, 2024, an eminent cryptography analyst shared an article on X (formerly Twitter), revealing that the largest Doge Whale accumulated 1.7 billion pieces even in the last three days.
Dogecoin Whale Eyes on Big Rally
This substantial accumulation by the most important whale was observed when the Doge price had dropped considerably, reaching a level of crucial support. It also seems that a big blow is about to occur. Following this massive accumulation, the memes piece again found its crucial level and shows signs of another price leap.
Current price momen
DOGE is currently negotiating almost $ 0.174 and has dropped a price drop of 8% in the last 24 hours. During the same period, its negotiation volume jumped 150%, indicating increased participation of merchants and investors, the price reaches a crucial level of support.
Technical Dogecoin (DOGE) analysis and future level
According to an expert technical analysis, DOGE remains in a bullish state and is close to the crucial level of $ 0.18, which has history of high price reversals. Based on the action of recent prices and historical models, if the meme piece holds this level of $ 0.18, there is a high possibility that it can rise by 36% to reach $ 0.24 in the coming days.
Despite the recovery of current prices, the Relative Force index of Doge (RSI) remains low at 33 years, indicating that the asset does not have the argument. However, if the feeling improves and the accumulation continues, its strength could recover soon.
$ 63 million in Doge
In addition to the massive accumulation of the largest whale, quince data reveals that long -term investors and holders have moved $ 63 million in DOGE of trade in the last 24 hours, indicating potential accumulation.
When the accumulation and exits of exchanges begin to occur, this potentially indicates an increase in prices rather than a drop.
