Last day in the crypto market Dogecoin $0.256585 A significant increase in transaction volume was observed. According to the closely monitored data of the market, whales have purchased 110 million Dogeneneken in the last two days.
Whale Procedures and Support Level
According to market analysts, the intensive purchases of whales took place at the level of 0.25 dollars of Dogge. This price level is considered an important support area by investors. Transactions have increased the expectation of Dogecoin’s future potential gains.
Ali Martinez: 110 million dogene token was taken in the last 48 hours.
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ETF expectations and market optimism
In addition, the positive signals of the US regulatory institution on ETF application are among other factors that increase investor confidence. In the market, investors have a tendency to evaluate the price bottoms from time to time. This supports the possibility of prices in the future.
Trader Tardigrade: Price graphics show symmetrical triangular formation.
Altcoin Scholar: The support level of $ 0.22 is seen as an important point in the market.
In the last 24 hours, DEGE has risen to $ 0.2564, while it fluctuated between 0.2505 and $ 0.2576. This fluctuation in general reflects the impact of uncertainty and technical factors in the market. Investors follow potential recovery signals after this mobility.
The predictions of market analysts reveal the expectation of rise based on Dogecoin’s technical formations. In general, the optimism brought about by the increase in transaction volume and ETF announcement may cause investors to reconsider their purchase strategies.
Current data supports the wavy course in the crypto market and offers important indicators in terms of technical analysis and transaction volume. Investors closely monitor the developments in the market while creating their strategies and evaluating existing support levels and technical formations.
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 perform their operations in line with their own research.
