Whales have collectively bought over 800 million Dogecoin in a span of 48 hours, indicating strong market activity and positioning ahead of a potential price increase.
As Dogecoin is holding at approximately 0.16 USD, it faces crucial support at 0.13 USD, while resistance levels lie at 0.169 and 0.176 USD.
If the price surpasses 0.20 USD, there is potential for Dogecoin to reach 0.26 USD in the near term, presenting bullish sentiment in the community.
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