Can Dogecoin Price Bounce From High Confluence Zone as Whales Buy 280M DOGE?

Bloodbath Incoming? Dogecoin Must Hold This Level To Survive - Coin Surges

Dogecoin’s daily time-frame has reached a critical point that leaves virtually no margin for error. Price settled last night at $0.17551, clinging to a slender cushion just above the confluence of two of the chart’s most important guide rails: the former down-trend resistance that runs from late February and the 78.6 percent Fibonacci retracement of 2024’s late advance to $0.48440. Dogecoin Enters Danger Zone The structural landscape is defined …

Can Dogecoin Price Bounce From High Confluence Zone as Whales Buy 280M DOGE?

Dogecoin (DOGE) remains under bearish pressure after dropping by 16% in the last seven days. However, this steep decline has pushed Dogecoin price into a high confluence zone where there is strong support that could aid a bounce. Meanwhile, whales are accumulating this dip after scooping 280M DOGE in just 24 hours. Dogecoin price is The post Can Dogecoin Price Bounce From High Confluence Zone as Whales Buy 280M DOGE? appeared first on CoinGape.