Dogecoin’s Strongest Support Zone Revealed—Here’s The Level
A cryptocurrency analyst has revealed where the most significant Dogecoin support level is located, according to on-chain cost basis data. Dogecoin CBD Points To $0.08 As Strongest Support In a new Cost Basis Distribution (CBD). The CBD is an indicator created by on-chain analytics firm Glassnode that tells us about the amount of DOGE supply…
Dogecoin Faces Make-Or-Break Support Level – Will DOGE Hold?
Dogecoin is now trading at critical levels after enduring several days of sustained selling pressure and failing to break above the $0.18 mark. The popular meme coin is currently down 65% from its multi-year high around $0.48, and sentiment around DOGE remains underwhelming. As price action continues to weaken, investors are growing cautious, and bulls…
Dogecoin Whales Accumulate 450 Million DOGE During Recent Price Dip – Time For A Breakout?
Dogecoin (DOGE) has faced intense selling pressure since January 18, when it hit a local high of $0.43, leading to a significant price decline. However, the meme-inspired cryptocurrency has demonstrated resilience, finding strong support at the $0.31 level. This critical demand zone has prevented further downside, fueling optimism among investors and analysts that Dogecoin might…