Over the past 24 hours, Dogecoin ($DOGE ) has experienced a notable increase in price, rising by approximately 5.11% to $0.37859.
AimsFX
$0.37
This upward movement is accompanied by a 22.60% increase in trading volume, indicating heightened market activity.
CoinGecko
Analysts suggest that the surge in whale transactions, showing a 41% increase in just 24 hours, indicates strong institutional confidence in DOGE's future potential.
Finance Magnates
Looking ahead, immediate resistance levels are identified at $0.39481 (R1) and $0.41102 (R2), while support levels are at $0.35534 (S1) and $0.34830.
AimsFX
As always, cryptocurrency markets are highly volatile, and it's advisable to conduct thorough research and consider market trends before making any investment decisions.