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Whales "transfer" 100 million Dogecoins, which may trigger a 400% crazy rise!

Dogecoin (DOGE) has just experienced a price retracement and failed to hit the high point of $0.4602, but the market suddenly became "agitated" by whale players! More than $100 million Dogecoin is being transferred, and two huge transactions have caused heated discussions: one 131 million DOGE was transferred from an unknown wallet to Coinbase, and another 117 million DOGE flowed from Binance to an anonymous wallet, totaling 249 million DOGE and $102 million in funds. There is a tendency to hoard goods, which instantly ignited the enthusiasm of the market.

The transaction data is quite "eye-catching". The current transaction price of Dogecoin exceeds $0.4, and the transaction volume has soared by 77%. The demand is overwhelming, and it seems that a big market is brewing. Analysts have also "stood up" and are bullish. Based on historical data and the Fibonacci expansion theory, Javon Marks boldly predicts that Dogecoin is expected to soar 400% in this bull market, with a target of $2.28! You should know that it has previously staged a drama of "taking off" from the bottom and rising by more than 457%, soaring from $0.06, and its potential should not be underestimated.

The technical level also delivers a "rising signal". The current K-line presents a bullish pennant pattern, which is a classic omen before a big rise. Once it breaks through key price levels such as $0.45 and $0.5, the next stop is likely to be $0.65. The historical trend also proves its law of bursting after consolidation.

At present, Dogecoin is in a critical period of consolidation, and $0.4 has become a key support level. If it can stabilize, it will hit $0.45 in the near future; if it successfully breaks through, it will rise in the future. If the Dogecoin ETF is launched in line with the trend, $0.5 is not out of reach. But if the $0.4 "defense line" cannot be maintained, a pullback to $0.35 is not impossible. The wealth code of Musk Dogecoin #puppies #微策略持续增持BTC #RWA板块普涨 #每日瓜分1BNB #Layer1公链普涨