Dogecoin (DOGE) Price Prediction: What to Expect in the Next 48 Hours

- The price of Dogecoin (DOGE) recently printed a 1.37% gain — taking its price up to $0.0732.
- This latest price increase saw the meme coin’s price flip the $0.07244 resistance level into support.
- Technical indicators on DOGE’s daily chart suggested that the altcoin’s price would drop in the next 24-48 hours.
Based on data released by the wallet tracker Whale Alert, anonymous wallets have been involved in transferring slightly over 200 million DOGE coins among themselves within the past 24 hours. The tracker identified four transactions, each carrying 50 million and 57 million DOGE, resulting in a total movement of 214.8 million Dogecoins.
Notably, one of the transfers involved moving 50,054,471 DOGE from an unknown wallet to the Binance exchange. The total value of these transferred Dogecoins is estimated to be around 15 million.
In addition to these transactions, Whale Alert also shared information regarding the declining amount of DOGE held by the popular trading platform Robinhood. While Robinhood had held approximately 24% of the circulating supply of DOGE on behalf of its customers for over a year, recent reports indicate that this percentage h…
The post Dogecoin (DOGE) Price Prediction: What to Expect in the Next 48 Hours appeared first on Coin Edition.
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Dogecoin (DOGE) Price Prediction: What to Expect in the Next 48 Hours

- The price of Dogecoin (DOGE) recently printed a 1.37% gain — taking its price up to $0.0732.
- This latest price increase saw the meme coin’s price flip the $0.07244 resistance level into support.
- Technical indicators on DOGE’s daily chart suggested that the altcoin’s price would drop in the next 24-48 hours.
Based on data released by the wallet tracker Whale Alert, anonymous wallets have been involved in transferring slightly over 200 million DOGE coins among themselves within the past 24 hours. The tracker identified four transactions, each carrying 50 million and 57 million DOGE, resulting in a total movement of 214.8 million Dogecoins.
Notably, one of the transfers involved moving 50,054,471 DOGE from an unknown wallet to the Binance exchange. The total value of these transferred Dogecoins is estimated to be around 15 million.
In addition to these transactions, Whale Alert also shared information regarding the declining amount of DOGE held by the popular trading platform Robinhood. While Robinhood had held approximately 24% of the circulating supply of DOGE on behalf of its customers for over a year, recent reports indicate that this percentage h…
The post Dogecoin (DOGE) Price Prediction: What to Expect in the Next 48 Hours appeared first on Coin Edition.
Read More
