Dogecoin whales purchase 270 million coins! Is it a layout before the rebound or a shocking market signal?
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 triggered strong attention from the market; could it be that the whales are preparing for an upcoming price rebound?
Looking back at history, whale accumulation often occurs during price adjustments or consolidation periods, and this time is no exception. Since December 20, Dogecoin's price has oscillated and recovered, currently hovering around 0.33 dollars. With the Dogecoin Foundation promoting ecological development, the adoption of open-source software will also bring new opportunities for DOGE; perhaps this is the underlying signal of the whales' layout.
What will the future price trend be? A breakthrough above 0.349 dollars will open up more upside potential, 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 targets, move step by step, and witness your wealth explode with a smile! Follow Brother Tang, and take you from confusion to freedom!
