According to crypto analysts, last week dogecoin $0.169245 It was reported that the managers have realized a significant amount of Doge purchasing. With the purchases, it is stated that Dogecoin has positive expectations for future price movements. Analysts draw attention to the active purchase strategy of managers despite the market decline trend.
Dogecoin Whales
Analyst Ali Martinez said that Dogecoin whales were more than 120 million domesticly last week.
Ali Martinez: The purchases made by Dogecoin whales indicate that the price can follow upwards in the future.
According to Martinez’s statement, this development can create a positive signal for Dogecoin.
Price Expectations and Technical Investments
Trader Tardigrade underlined that the simple active average of Dogecoin’s 20 periods reflects important stages in the historical process.
Trader Tardigrade: Technical indicators show that Dogecoin can begin a parabolacic movement.
Crypto Elites claimed that the price could rise up to 5 dollars, while DogeCapıtal made statements that Doge could go up to $ 80 (exaggerated).
Crypto Elites: The price is likely to move upward in the short term.
Dogecapıtal: Historical trends show that Dogecoin has a large rate of rise in large proportions.
Analyst Kevin Capital pointed out the importance of the support line of $ 0.139 in the weekly candle graph.
Kevin Capital: This level should be considered as a critical point where the risk-crucial ratio is advantageous.
Kevin pointed out that technical indicators such as 3 -day MACD and 2 -week Stochastic RSI entered the reset process. Also, Bitcoin 
$84,417.86 He said that the price of over 80,000 dollars is a positive factor for Dogecoin.
Market participants think that if the support level is maintained, Dogecoin may exceed the highest levels of all available time. When the strategic purchases of the managers are combined with the entry of technical indicators into a reset process, the general market feeling is expected to improve.
Different analyst views suggest that Dogecoin can reach significant price increases in the future with technical signals and market support. Investors state that they should closely follow the effects of protection of support levels and Bitcoin price movements.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
