158,000,000 pumpkins in whales – what is happening?

After 10% Drop, Is The Draft Of A Micrower Ready?


Whales buy 158 million dollars, the price is $ 0.29 resistance, with a voice of 17 million dollars. What's next for Dogecon?

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Doug defaults added 158 meters as depression. $0.29 remains the main resistance, a break can quickly stimulate $0.36 and $0.45. In America, five out of five E.F.D.

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Add large wallets in front of them with high prices

More than 158 million Dogecoin (Pumpkin) According to data shared by Cryppo analyst Ali Martinez, more than 158 million coins have been found in Keyslet. This increase brought the total clay group held by this wallet to more than 11 billion dollars.

Even if you start exploring at this level, it means that the most common things cannot be said by large investors (about 100,000,000,000,000,000,000,000 coins).

The latter group has been recently reported to have caught approximately 680 million tons.

At the time of writing, it was $0.28. It is down 1% in the last 24 hours but 5% for the week. The previous day's trading volume exceeded 3.95 billion dollars.

$0.29 resistance level still in play

It has tested the $0.29 price level several times since March, when the murmur was not confirmed. The chart posted by Martinz shows the height of four different prices in a row. The property is again approaching this area. He said.

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“A break above $0.29 will send it to $0.36 and even $0.45.”

This view is based on the following areas covered earlier. If these levels stick to $0.29, traders are looking for a continuation of these levels.

Source: Ali Martititik / X

DOGE is currently trading below this level. A breakout closes the first month above $0.29. Until then, it is a major resistance zone.

Buyers support near $0.263

Trader Ardigrade posted a chart showing the reaction of the 0.382 Fibonacci retracement close to $0.263. In their analysis, three daily candles showed sharp dips to this level, followed by quick recoveries.

“Good noises to Fib 0.382” to Fib 0.382, “indicating a price rejection at that level. Two attempts to push below $0.263 were connected with a confluence before the candles closed. The zone has been considered as support so far.

Doge Price Chart
source-traders tardigrade / x

In particular, there is a possibility that the price will still visit this level, but if it holds, traders will wait for a move to the recent high. The next area to watch is the $0.31-$0.32 high near the previous local high.

VOICE OF DOGE ETF CARUS DISS

On Thursday, the Rex-Ossery Degoine ETF (TOYRER: DEEJEE) was launched in the US in a new format to the public markets. The product earned $17 million in commercial volume on its first day, placing it among the top five grossers of the year.

This came in conjunction with another crypto etsf. Both lists point to increased demand for space developments beyond Bitcoin or Ethereum. Pumpkin is often known as a meme-based coin, which shows that the ECB is interested in pursuing traditional financial products.

The recent activity of shorting combined with the entry of the ETF market and combined with the large holdings have added to the current market discussions.

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