#微软比特币投资投票案

Dogecoin big moves? Whales move 100 million dollars, is the price about to soar?

Hey, fellow crypto adventurers, there’s a show to watch! Dogecoin (DOGE) hasn’t broken through that 0.4602 dollar barrier recently, but when the price pulled back, a whale was secretly making big moves. It’s said that this whale transferred over 100 million dollars worth of Dogecoin in one go, indicating that the market is still quite interested in this little guy.

Did you know? Recently, there were two large transactions of Dogecoin, totaling over 249 million coins, worth 102 million dollars! One was a transfer of 131 million coins from an unknown wallet to Coinbase, while the other was 117 million coins transferred from Binance to a mysterious wallet. This whale moving could signify that something big is coming?

That’s right, these large transfers are often a barometer for price movements. Currently, the trading price of Dogecoin has exceeded 0.4 dollars, and everyone is keeping an eye on these transfers, afraid of missing out on some big news. Moreover, the trading volume has surged by 77%, with such strong demand, the next big rise of Dogecoin could be just around the corner.

Also, an analyst named Javon Marks mentioned that based on historical trends and Fibonacci extension levels, Dogecoin’s price could rise by 400%! He said Dogecoin is currently in its third bull market cycle, similar to what we saw in 2017 and 2021. If it really rises like that, Dogecoin’s price could soar to 2.28 dollars, several times higher than now!

Looking at the technical indicators, Dogecoin is currently forming a bullish flag pattern, which is a signal of a significant rise ahead. After a period of price increase, Dogecoin is now consolidating around 0.42 dollars. If it breaks through the 0.45 and 0.5 dollar barriers, then Dogecoin could surge towards 0.65 dollars.

Now, traders and analysts are all focused on Dogecoin’s support and resistance levels. 0.4 dollars is the current support level; if it holds, Dogecoin can continue to push upwards. If it doesn’t hold, it might have to pull back to 0.35 dollars.

So, friends, we still need to keep an eye on the Dogecoin market. Who knows, one day, this price might just shoot up!