Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence

Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence

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This article is also available in Spanish.

Dogecoin faced increased fluctuations and pressure pressure with the launch of February with uncertainty in global markets. Meme is struggling to break the $ 0.25 sign, reflecting wider fears amid the concerns of the American trade war and total economic instability. Investors remain cautious, as many are waiting for clear signals before jumping again to the market. However, the main data on the series indicates that adult players benefit from current price levels.

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Supreme analyst Ali Martinez visited visions that the whales have accumulated 100 million people in the past 24 hours. This trend refers to increased confidence and high demand for Dogecoin despite the ongoing price conflicts. Historically, whales often have already accumulated strong price movements as large investors themselves put them before possible gatherings.

The coming days will be Hasim LujBecause it should recover the main resistance levels to restore the bullish momentum. While short -term feelings are still mixed, the increasing demand between whales may be a sign that smart money is preparing for the next movement. If Dogecoin is able to obtain support and pay more than $ 0.25, it may be prepared for hacking in the coming weeks. Investors closely monitor to see if the accumulation of whales will lead to leading the next stage to Dog.

Dogecoin is struggled without the main levels

Dogecoin faces challenges as it struggles less than the main supply levels between $ 0.29 and $ 0.25, with the price showing signs of fatigue. The broader encryption market is still inaccurate, as bitcoin carries relatively strong while Altcoins and Meme Coins are still bleeding. Dogecoin’s work reflects this instability, as the bulls failed to restore the decisive levels and bears that pay prices.

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Analysts and investors grow increasingly over the market condition. Metal currencies, which have been historically performance in bulls, are weak this time, raising questions about their strength in the coming months. However, one of the main scale indicates that Dogecoin can put a strong step.

Martinez shared Data on the series on x It revealed that the whales have accumulated 100 million people in the past 24 hours. This continuous trend of accumulation indicates an increased confidence and high demand for Dogecoin, even with the price survival. Historically, similar accumulation periods preceded large gatherings, indicating that the big players may put themselves in collapse.

Dukwin Whales Buy 100 million in the past 24 hours source: Ali Martinez on x

If DOGE is able to restore 0.25 to $ 0.29 and convert it into support, the next step may be large. However, failure to retain major levels can lead to more declines. The coming weeks will be very important in determining whether Dogecoin can recover or whether it will remain stuck in the declining direction.

DOGE price analysis: the main levels of viewing

Dogecoin is trading at $ 0.24 after a large sale pressure, as more than 39 % has decreased since the beginning of February. The price procedure remains down, with no signs of immediate recovery as long as Dog remains less than $ 0.26. The bulls have lost control, and each attempt was met with a strong resistance.

DOGE testing critical liquidity levels Source: Dogeusdt scheme on TradingView
DOGE testing critical liquidity levels source: Dogeusdt chart on TradingView

Now, the main demand level to be kept is about $ 0.228, which is in line with the moving average for 200 days. This level was historically as a decisive support zone, and its loss may lead to a further decline towards a sign of $ 0.20. If Dog fails to restore $ 0.26 and convert it into support, it is expected that the downward trend will continue in the coming days.

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On the other hand, a strong bounce can indicate from the current levels, pay above $ 0.26, to a reflection, and open the door to re -test the width area of ​​$ 0.29. However, with the uncertainty in the market on the meme and altcoins currencies, Dogecoin needs an increase in demand for the restoration of momentum. The next few trading sessions will be crucial in determining whether Doge can settle or if the additional downside is on the horizon.

Distinctive image from Dall-E, the tradingvief chart

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