🚨 Dogecoin jumps to $0.21 despite whale transferring over $200 million to Binance! 🐋💰
The Dogecoin (DOGE) currency experienced sharp fluctuations during the period from August 24 to 26, as 900 million DOGE (over $200 million) were transferred to the Binance platform, raising fears of a massive sell-off.
🔹 Despite this, whales continued to accumulate the currency, which helped stabilize the price around $0.21.
🔹 Technical indicators (RSI and MACD) have started to reflect potential bullish reversal signals 📈.
🔹 Key support: $0.208 ✦ Resistance: $0.221.
Analysts believe that continued buying from large investors could drive the price towards $0.23 – $0.24, while any break below the $0.208 level could open the door for a drop towards $0.20.
⚡️ The market is currently in a tug-of-war between selling pressure from large transfers and accumulation by whales.
Do you expect the rise to continue towards $0.24 or a new drop to $0.20? 🤔👇