The price of Dogecoin can reach $ 3 if the support levels are possible amid whale activity.

Dogecoin Price faces challenges in his recovery, as the market showed a great volatility after BYBIT penetration of $ 1.4 billion. More than $ 566 million was filtered through the broader encryption market last day. Despite the security accident, some altcoins show strength and analysts look forward to the 3 -dollar sign for DOGE if the main support levels are possible. The growing whale activity also adds credibility to this view. Will Doge Price reach a threshold of $ 3 or a decline less than $ 2? Let’s explore.

Is the price of Dogecoin set up to $ 3, does support?

The Crypto Ali expert recently shared a X post showing a technical analysis of Dogecoin, with a highlight of the main price levels. According to the analyst, The price of Dogecoin hovering inside an upward parallel channel With the purpose of $ 3.

the The support zone for the price of DOGE is between $ 0.19 and $ 0.16, In conjunction with the lower direction line of the pattern. If this level continues, investors can expect recovery gathering. While the goal of this pattern is $ 3, there is another The main levels where the price of Dogecoin may stop – 0.569 dollars, psychological levels $ 1, $ 2 and 2.773 dollars.

The parallel canal style has a trend lines that connect its highest levels and the highest level, indicating that the original suffers from a fixed upward trend, a sign of bullish momentum.

If this momentum continues and the price of the Dogecoin retains the levels of the support mentioned above, investors can expect an upper reflection

What is the price of Dogecoin?

the Doug’s latest price It was fluctuated about $ 0.24, with a decrease of 4 % as of February 22, 2025. Despite previous recovery, the MIM has seen a correction in recent days. Currently, DOGE tests the low support level near $ 0.24, which has seen a steady trembling in the past few days. However, the price faces resistance at $ 0.3, which was detained for most weeks

The RSI is currently 38, indicating that Duj is approaching the conditions of sale. MACD also shows signs of momentum with a slightly negative intersection, indicating more negative pressure.

If the price can keep support at $ 0.24, there may be a possible bounce towards $ 0.25 resistance. The rest over this level can open the following resistance test at $ 0.30. However, if support fails at $ 0.24, the next negative goal may be $ 0.20.

With the speculation of Dogecoin Etf and if it is Encryption He sees a recovery, Doge Price can see a huge increase.

Dogecoin faces a decrease in the midst of whale movements

The Dogcoin Market has recently seen a decrease in prices, coinciding with fluctuation Doug whale activities. The price decreased to less than $ 0.25, while whale transactions exceeded $ 100,000, which saw a rise, approaching 51.454.

The percentage of the whale stablecoin supplies, which exceeds $ 5 million, reflects these changes as well. The market behavior reflects these whales that buy declines.

While the increase in whale activity enhances accumulation, Stablecoin Holdings indicates that investors are careful.

To summarize, if the levels of support for the DOGECOIN price support are fixed in whale activity, the DOGE price may rise about 3 dollars. However, the fluctuation of market conditions and whale movements offer uncertainty, with possible declines less than $ 2 are still possible.

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