Famous Altcoin Dogcoin $0.233569 (Doge) Once again on the radar of whales. In -chain data shows that large investors in the last 48 hours collect over 600 million doge Coins. This accumulation bitcoin 
$104,489.94(BTC) has surpassed the $ 100,000 threshold and has reached a new summit since January, based on a period of 106 thousand dollars. Dogecoin has gained close to 35 percent in the last week by taking its share of this acceleration on the market.
Whales bought over 600 million units in 48 hours
With the recovery in the crypto currency market, large investors show great interest to Dogecoin. Analyst Ali MartinezAccording to the whales have purchased over 600 million doge since Friday. This amount corresponds to a value of over $ 140 million at current prices.
The purchase wave in question Bitcoin bull marketIt shows parallel to finding a new breath. Bitcoin’s price exceeded 104 thousand dollars, while Dgecoin also carried the rise of the day up to 0.259 dollars. This rise indicates a strong momentum formation in a short time.
Latest Situation and Technical Analysis in Dogecoin Price
Dogecoin Price 2.26 percent in 24 hours to rise to $ 0.2334. After three days of rise, losses were erased with the decreases occasionally. Thus Ethereum with weekly price performance 
$2,515.72From (ETH) was the second Altcoin that made the biggest output.
Looking at Open Interest data Dogecoin Futures TransactionsThe amount of collateral increased by 9.84 percent in 24 hours and saw $ 2.85 billion. Looking at Coings data, this level points to an unprecedented rise since mid -February.
Doge Coin The price is currently attached to a $ 0.259 resistance point. The 200 -day simple moving average daily (SMA 200) is a critical barrier around $ 0.265. Buyers have been waiting to overcome this obstacle. Support for possible retreats is near the 50 -day simple moving average (SMA 50). If the momentum slows down, it is estimated that Dogecoin may be between SMA 50 and SMA 200 horizontally.
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.
