Dogecoin has faced extreme volatility amid the fears of the United States commercial war and macroeconomic uncertainty, which causes a strong decrease in price action. The MEME currency immersed more than 39% in less than 48 hours, eliminating weeks of profits and trembling the confidence of investors. However, since it reached its local bass, Dege has managed to recover and label key resistance levels, insinuating a possible investment.
Despite the chaos, the superior analyst Ali Martínez shared ideas in the chain revealing that the whales took advantage of the recent fall, accumulating an amazing 750 million Dogecoin. This indicates strong confidence among the main actors, which suggests that institutional investors are already large, see current price levels as a purchase opportunity instead of a sign of prolonged weakness.
Now, the market is watching closely to see if Dogecoin can generate impulse and recover higher levels. If the price stabilizes and claims key resistance areas, it could pave the way for a new rally. However, another sales pressure wave could arise if uncertainty continues to dominate. With the whales intervening, the next Doge movement will be crucial to determine its direction in the short term and potential for a break.
Dogecoin fights under key levels as whales accumulate
Dogecoin has been under an aggressive sales pressure since the entire meme coin market faces a significant reduction. The price has fought to maintain key support levels, which leads to uncertainty about short -term trend. However, analysts remain optimistic about Doge’s long -term perspective, predicting a strong rally that could send the price beyond its maximum historical 2021 of $ 0.73.
Despite the recent volatility, the data in the chain suggest that large investors are taking advantage of the fall. The best Ali Martínez analyst shared data in the chain and an analysis in x Revealing that whales took the opportunity during mass sale, accumulating 750 million Dogecoin. Martínez sees this as a strong sign of confidence in the market, indicating that the big players are positioning themselves for a possible break in the coming months.
While Dege remains below the key levels of liquidity, the structure is still optimistic from a long -term perspective. If the price can recover crucial resistance areas, an investment towards higher levels could be imminent. However, the next few weeks will be critical to determine whether Dogecoin can recover rapidly or if additional consolidation is needed before an impulse towards new maximums. With actively accumulated whales, the market will closely observe the signs of a renewed upward trend.
Price analysis: key levels to maintain
Dogecoin is currently quoted at $ 0.26 after days of sales pressure and a wave of negative feeling that has impacted the entire cryptography market. The price is around the 200 -day exponential mobile average (EMA), a crucial indicator to maintain an upward impulse. Bulls must defend this level to confirm the short term force and avoid deeper correction.
If Doge is not maintained above the 200 -day EMA, a drop towards the demand zone of $ 0.22 is probable, which could lead to greater consolidation before any potential recovery. However, if the bulls manage to maintain a strong support around the level of $ 0.26, a movement towards $ 0.29 could be imminent. A rupture above this resistance would probably trigger a renewed purchase pressure, preparing the stage to obtain more profits in the coming weeks.
For now, Dogecoin remains in a fragile position, with the uncertainty of the market by dictating the price action. Keeping above the 200 -day EMA would keep the bullish hopes alive, but a lack of doing so could send Dog to a deeper correction territory. The merchants will closely observe the next sessions to determine if the meme coin can recover impulse and boost towards the highest prices levels.
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