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Whales Go Silent, What This Means for DOGE’s Next Move
The cryptocurrency market is on the edge as whales have gone silent, and traders are questioning what this silence means for Dogecoin’s next move. In a sudden turn of events, whale activity has come to a halt, leaving many wondering if there’s more than meets the eye.
As of late, the cryptocurrency market has been experiencing an unprecedented surge in whale activity. However, this recent development suggests that whales have stopped buying or selling DOGE, and it is crucial for investors to understand what this silence might mean for Dogecoin’s future price action.
Dogecoin has managed to establish a strong support level close to $190, signaling that buyers are actively intervening to protect this area. This indicates that there may be an imminent bullish surge waiting to unfold as long as DOGE stays above this crucial level.
In related news, Solana appears poised for significant growth, having established a robust technical structure compared to many of its competitors. If SOL manages to break through the $220 resistance and maintain its position above $190, it could signal the beginning of an upward rally.
Meanwhile, Dogecoin’s price action seems to be under increasing pressure as whales remain silent.
Source: u.today
