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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-highlights-key-levels-for-dogecoin-amid-whale-activity/" data-wpel-link="internal">Analyst Highlights Key Levels for Dogecoin Amid Whale Activity</a> 
Meme Coins’ undisputed leader, Dogecoin (<a href="https://en.coin-turk.com/dogecoin-doge-price-analysis-key-levels-to-watch/" data-wpel-link="internal">DOGE</a>), continues to see developments. Recently, whale transactions have accelerated, and a prominent market analyst made significant statements, sharing a chart indicating important levels for DOGE. 
<h2 style="text-align: justify" id="whale-transactions-in-doge">Whale Transactions in DOGE</h2> 
As the selling pressure on DOGE increases, whale transactions continue. According to data from Whale Alert, DOGE worth over $61 million was moved. 
For example, on July 20, 400 million DOGE worth $50.33 million was sent from the Robinhood exchange to an unknown wallet. Similarly, on July 23, 77.65 million DOGE worth approximately $10.82 million was transferred from the Robinhood exchange to an unknown wallet. 
Amid the whale activity, critical price levels for DOGE continue to attract attention, with the $0.15 region being a key value. At the time of writing, DOGE was trading at $0.1313 after a 6.54% loss during the day. Weekly <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">reviews</a> indicated a 4.38% increase in value. 
<h2 style="text-align: justify" id="important-levels-for-doge">Important Levels for DOGE</h2> 
Renowned market figure RLinda highlighted some important price levels to watch for DOGE on July 23. According to RLinda, Dogecoin’s bottom level is between $0.10 and $0.05. This area served as an accumulation level in the spring months. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-373224" src="https://coin-turk.com/wp-content/uploads/2024/07/doge-coin-turk-com-3.png" alt="" width="498" height="278"> 
Recently, DOGE dropped to $0.106 and retested this level. The strong defense of this level by the bulls created optimism for a potential upward sentiment. 
In the daily price analysis, the analyst suggested that Dogecoin could break its current formation and rally to $0.1437. If the bulls remain strong and maintain support levels at $0.126 and $0.12, the bullish outlook could persist in the market. 
Based on the bullish outlook, RLinda advised <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> to monitor key resistance levels at $0.1437 and $0.1657, while support levels should be watched at $0.126 and $0.12. 
<blockquote> 
 There is no fundamental analysis, but technically, expectations are good. Various services indicate an increase in whale activity in DOGE, which could signal growing interest. I expect a positive outcome from the bulls, followed by a rally towards areas of interest. 
</blockquote> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-highlights-key-levels-for-dogecoin-amid-whale-activity/" data-wpel-link="internal">Analyst Highlights Key Levels for Dogecoin Amid Whale Activity</a></h5>

Analyst Highlights Key Levels for Dogecoin Amid Whale Activity

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Artikel lain yang dipublikasikan pada 23 Jul 2024

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