Whale investors accumulated 530 million Dogecoin in 72 hours, signaling a potential price recovery amid market fluctuations.
DOGE’s strong support at $0.1853 may prevent further drops, with analysts expecting a bullish breakout if it holds.
Bitcoin’s price swings impact Dogecoin’s movement, with a crypto market uptrend likely to boost DOGE’s valuation.
The holding of Dogecoin (DOGE) by whales has increased, with these investors buying as many as 530 million coins in 72 hours. This accumulation took place at an important support area, indicating the potential for prices to bounce back.