Whale of Dogecoin (DOGE) buys 270 million coins! Is it a layout before the rebound, or a signal that shocks the market?
Before Christmas, the winds of the crypto market are rising again! Dogecoin (DOGE) whales have crazily transferred 270 million Dogecoins in the past 96 hours, worth nearly 89.64 million dollars! This move has caused strong attention in the market, could it be that the whales are preparing for an upcoming price rebound?
Looking back at history, the accumulation of whales often occurs during price adjustments or consolidation periods, and this time is no exception. Since December 20, Dogecoin's price has been fluctuating and recovering, currently hovering around 0.33 dollars. As the Dogecoin Foundation promotes ecological development, the adoption of open-source software will also bring new opportunities for DOGE, perhaps this is the signal behind the whales' layout.
What will the future price trend be? A breakout above 0.349 dollars will open up greater upward space, and it may even challenge 0.43 dollars! The downside support levels are at 0.27 dollars and 0.23 dollars respectively. If you haven't taken action yet, now is the best time to pay attention to Dogecoin!
Don't be blinded by short-term fluctuations, Brother Tang teaches you to lock in your goals, advance step by step, and witness the explosion of wealth with a smile! Follow Brother Tang, and let him take you from confusion to freedom!
