DOGE Under Pressure: Whales Offload as Key Support Level Approaches

TL;DR

• Dogecoin whales have resumed their selling spree, which could spell even further trouble for the meme coin’s future price trajectory.
• At the same time, a popular analyst outlined the next key support zone if the one DOGE is fighting for now cracks.

A lot can change in the cryptocurrency markets in the span of just a couple of weeks, and this is particularly true for the ever-volatile meme coin niche. The leader spiked to $0.31 on September 14, which became a multi-month peak, and the community was excited about the prospect of another run toward $0.50.