Dogecoin rose approximately 14 % last month and 130 % on an annual basis. It is one of the few coins that are still green per week (3 %) despite a 24 -hour decline. The question now: monotheism or fatigue in the direction?
Three -related signals say that the former is still on the table.
Huge whales buy decrease, adjust the tone
Since August 14, Mega Wallets (≥ 1,000,000,000,000,000,000) have increased holdings from 70.84 billion to 71.11 billion dusks – an addition of about 270 million.
This purchase appeared correctly as the price of Dogecoin was achieved in a short -term major support zone of $ 0.21. This new round of purchase shows that adult holders are still confident in the potential of the bullish currency. This is the first thunderbolt of three.
Pisces purchase is our starting braid: large buyers absorb the balance instead of distributing it. The next examination is whether the broader sale pressure already relieves.
For distinctive symbol updates and marketsDo you want more distinctive symbol visions like this? Subscribe to the Daily Crypto Daily Crypto Newsletter Harsh Notariya here.
Dogecoin “Coins Age Band” shows the sale of discrimination pressure
The currency that has been spent on the extent of the previously sleeping supply (depending on the age dirt) is tracked. Fallen publications mean fewer than the old supply that strikes the market; Often relief while unifying the mid -retreat.
Since yesterday, Dog’s production, which has been spent from 429.77 million, has slipped to 209.72 million. In other words, while the huge whales were adding, the old currencies stopped in size.
Together, these two transformations describe the same opinion: absorbing the decline by adult owners as well as distributing cooling from long coins. The last time that the price of Dogecoin has increased, the AGE AGE scale, which was spent the lowest monthly level between August 2 and August 5.
DOGECOIN price: a bullish pattern and a major operator area
Why the graph for 4 hours? It picks up a short -term follow -up in the chain faster than the daily, which is still slow.
In the time frame for 4 hours, DOGE is traded inside an upward triangle with stacked obstacles near $ 0.232, $ 0.239, and $ 0.246. These are closely stacked resistance levels when looking at a shorter time frame.
A 0.232 dollar has been competed over and over again; A clear acceptance that would restore momentum to buyers and can pull the daily structure above. The bulls’ strength is raised on the time frame for 4 hours from its lowest levels, which means that the bear pressure fades in this pressure.
The PULL BEAR POWER index measures the balance between buyers (bulls) and sellers (bears) on the market. It compares the highest price in a period with an ASI (EMA) to estimate the upholstery, and the lowest price with EMA to measure the Haboodian power. When BBP moves towards a positive area, it indicates that buyers control; When it moves deeper into the negative lands, the sellers control.
If the whales persist in the addition and the measurement of the era that was spent silent, then the break to the upper side is the path of the upper possibility. The decisive decrease of less than $ 0.216, such as closing the entire candle, would deny this bullish preparation in the short term of the Dogoinin price and reopen the negative side.
Post Dogecoin Price aims to avoid Bears as a bullish triple surfaces first appeared on Beincrypto.
[og_img]
2025-08-16 02:00:00
