Dogecoin

bullish

Billion

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Due to a notable increase in large transactions, <a href="https://u.today/shiba-inu-dogecoin-bonk-and-others-classic-meme-coins-get-massive-advantage" rel="noopener noreferrer nofollow">Dogecoin</a> has drawn interest from traders and investors. On-chain data indicates that there were 1,600 large transactions over the course of the last 24 hours, totaling 11.12 billion DOGE in volume. This is a significant rise over the seven-day low of 8.25 billion DOGE, suggesting that big investors, or whales, are becoming more interested.
This increase in activity indicates a greater emphasis on Dogecoin and could portend a reversal soon. The volume of big transactions might indicate that whales are building up <a href="https://u.today/ethereum-eth-3000-comeback-is-over-dogecoin-doge-77-billion-price-peaks-will-shiba-inu-shib-40" rel="noopener noreferrer nofollow">DOGE</a> or getting ready for big movements. A price change could result from a surge of this size, which usually draws more traders. <img src="https://u.today/sites/default/files/inline-images/image_1344.png" data-entity-uuid="3e2e2b56-83e0-4132-9675-f83b7bd46096" data-entity-type="file" alt="DOGEUSDT" data-caption="<a href=&quot;https://www.tradingview.com/&quot;>DOGE/USDT Chart by TradingView</a>">
However, after peaking at about $0.15, Dogecoin is currently undergoing a minor retracement, according to the price chart. The asset is currently holding above critical levels, but it is crucial to keep a careful eye on the support zones.
It is important to keep an eye on three important levels: $0.123,$0.118 and $0.111. It might stop additional price declines and lay the groundwork for a bullish recovery if <a href="https://u.today/dogecoins-doge-massive-milestone-profitability-hits-80" rel="noopener noreferrer nofollow">DOGE</a> can keep support above these levels. The asset might lose momentum and a more substantial correction might occur, however, if the current trend were to wane and DOGE dropped below these levels.
Dogecoin must surpass the $0.15 level, which would indicate a more robust bullish reversal in order to exit its current range. The range between $0 and $20 may be the next significant resistance above that. <a href="https://u.today/dogecoin-doge-sees-crucial-4-billion-surge-details" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Dogecoin (DOGE) Sees Crucial 4 Billion Surge: Details

U_Today

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