Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin’s 32%
Crash Can Only
be Recovered by Whales
Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin has struggled to recover from its recent losses, with demand
noticeably declining over the past few days. As the year draws to a close,
many investors are choosing to sit out the volatility associated with this
transitional period.
This could leave DOGE vulnerable to further price declines unless significant
market activity resumes.
Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Whales Are The Hope
Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin whales play a critical role in preventing the altcoin from further
decline. Transactions exceeding $100,000 have surged, reaching 9,410—the
highest level since November 2021. This resurgence in high-value transactions
indicates strong whale activity, which has historically been pivotal in
stabilizing Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin during volatile periods.
If whales maintain their current activity levels, they could provide the
liquidity and market support necessary to shield DOGE from further dips.
However, this support must be sustained as broader investor participation
remains subdued. For Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin to regain its footing, a consistent influx of
high-value transactions is essential.
Sponsored
Sponsored
Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Large Transactions. Source: IntoTheBlock
Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin’s Chaikin Money Flow (CMF) indicator is hovering around the neutral
line, signaling minimal inflows into the market. This suggests that investors
remain cautious, potentially due to uncertainty in broader market conditions
or waning interest in DOGE.
The lack of significant inflows reflects the hesitancy among market
participants. Without a noticeable uptick in buying pressure, Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin’s macro
momentum could weaken further, leaving it reliant on whale activity and
external catalysts to sustain its price levels. Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin CMF. Source:
TradingView
DOGE Price Prediction: Securing Support
Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin is currently priced at $0.32, a level it is attempting to establish
as a support floor. Securing this level is crucial for the meme coin to
recover from its recent 32% crash from $0.46. Holding this support could
signal a potential turnaround in investor sentiment.
The next target for DOGE is to flip $0.36 into support and continue its
uptrend toward $0.40. Achieving this milestone would restore confidence in the
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, paving the way for sustained growth and increased market
activity. Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Price Analysis. Source: TradingView
However, failing to secure $0.32 as a support level could lead to a drop
toward $0.28. Such a decline would invalidate the bullish outlook, leaving
Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin vulnerable to further losses. Monitoring these key levels will be
critical for traders and investors in the coming days.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for
informational purposes only and should not be considered financial or
investment advice. BeInCrypto is committed to accurate, unbiased reporting,
but market conditions are subject to change without notice. Always conduct
your own research and consult with a professional before making any financial
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