Dogecoin stuck at $0.08 as whales buy 240 million DOGE on the dip
- —DOGE at $0.081, 24-hour volume around $718 million, market cap $12.7 billion
- —Whales bought over 240 million DOGE for nearly $20 million during a 9% weekly decline
- —Daily RSI is neutral at 46.8, with timeframes converging at $0.08
- —MyDoge dropped Doginals and DRC-20 support; regular DOGE is unaffected
Why it matters: Compression across all timeframes and whale accumulation point to an imminent range breakout: a break above $0.09 would confirm a rally, while a drop below $0.079 signals a decline.
Source: BlockchainReporter