Dogecoin

<ul><li>Whale activity spikes, yet Dogecoin drops 8.71% to $0.1472 amid high trading volume and bearish sentiment.</li><li>Key support at $0.1430 and resistance at $0.1612 are crucial for Dogecoin&#39;s near-term price direction.</li><li>RSI at 40.67 suggests nearing oversold conditions; MACD below signal line indicates short-term bearish trend.</li></ul><a href="https://cryptotale.org/whales-accumulate-200m-dogecoin-amid-price-dip-analyst-predicts-bullish-future/" rel="noopener noreferrer nofollow">Dogecoin</a> whale activity has surged recently, with over 150 transactions, each exceeding $1 million, recorded in the past 24 hours as highlighted by <a href="https://x.com/ali_charts/status/1799056197326430298" rel="noopener noreferrer nofollow">Ali Martinez</a>, a top analyst. Despite this high level of activity, the price of Dogecoin has fallen by 8.71% over the past day, currently standing at <a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer nofollow">$0.1472</a>. The market cap is around $21.29 billion, and the 24-hour trading volume has increased by 97.44% to $1.70 billion.In the short term, Dogecoin&#39;s price trend exhibits significant volatility. The price started at approximately $0.1612 and experienced a sharp drop to a low of $0.1430 before recovering slightly to $0.1472. This rapid decline indicates strong selling pressure within the market. The critical support level at $0.1430, representing the recent low, is vital to watch. If breached, the price might fall further to the next support level around $0.1420, which was noted in the early hours before any recovery attempts.On the other hand, resistance levels are also evident. The initial price before the decline, around $0.1612, serves as a significant resistance point. For any substantial recovery, the price needs to surpass this level. Additionally, minor resistance exists in the $0.1580 to $0.1590 range, where the price briefly consolidated before the decline. Breaking through this range could signal a bullish momentum shift.<a href="https://cryptotale.org/jasmycoin-jasmy-bulls-dominate-with-2x-surge-post-pennant-breakout/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Dogecoin Whale Activity Surges with Over 150 Million-Dollar Transactions Amid Price Drop

CryptoTale

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