The value of Dougcoin is exposed to significant risk due to long-term holders
Despite the small number of 1.2% gain, Dagocoin eneCoinden seems to have a weak age. DOGE PART is down 5.9% from last week and is about 27% this month. And now, the signals on the chain data is a deep selling trend.
Now the key question: – from October 11, even during the last crossing of the Karsh is strongly correlated – will the long-term carriers start to leave?
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The price base represents the last line of defense for the temperature class
According to the price of the chain, the data base highlights the high short-term support cluster between $0.177 and $0.177.
This region will release the long-term supply of the past, which will serve as a key buffer in the previous selling risks.
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The cost basis shows where the end-users of the heaters will buy their keys. It highlights price zones that have long-term focus, acting as support or resistance.
That constant is rapidly weakening. According to the Ice Glaser network change – when long-term vouchers are sold or sold – sold on October 31. From +8.2 million to “22 million points” in 24 hours cut off with -22 million points. That's a 367% change in the properties they contain.
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This swing ensures that even older bags will hold up. If this continues, the $0.177-$0.177 $0.179 cluster may reverse and expose more risk to October.
Below $0.17, the next significant cost-base cluster does not appear until $0.14, with wide gaps for losses. But more on that in the next section.
Crossing the loss distribution can accelerate the depreciation of the pedal
The price structure of DOGE now strengthens your cancer-chain history. In the year At the end of October, it crossed more than 200 days. It is a trend indicator that adjusts price data to show market direction.
Now, a second, strong death is approaching when it cools down one drop below the 200 day EMA. In contrast to the previous evils, this person carries more weight, because the equivalents represent a longer period of time while reflecting a permanent weakness rather than a short-term one.
If this division is confirmed, it will create downward momentum and strengthen the vertical structure already in place. In that case, Dagcoin's strong support zone near $0.17 was finally broken in the vicinity according to Vilop, finally opening to the fall to $0.14. That is more than 6%.
It is currently sitting at $0.18 with immediate resistance at $0.0.20 and $0.21. A daily close above $0.21 has not been tested since October 13th.
