People who hold a large amount of Dogecoin are usually called "whales", accumulating over 90 million DOGE in just 48 hours. This action took place during an important consolidation phase of this memetic encryption currency, with a price of about $0.31. The large accumulation has brought passion to the encryption currency market. Renowned encryption currency analyst Ali Martinez revealed that from December 27th to 29th, the main address of Dogecoin conducted a large number of purchase transactions. The accumulation of over 900,000 DOGE reflects an important investment and a new confidence in the future of encryption currency by large investors. On-chain data shows that this accumulation behavior aligns with the whales' broader buying strategy, as they take advantage of the current consolidation phase to strengthen their position. Historically, this accumulation behavior often occurs before significant price fluctuations. This intense whale activity occurred as Dogecoin was striving to break the resistance level of $0.35, indicating that large investors may be predicting an upcoming rise. #Write2Win Technical perspectives need close attention. The price of Dogecoin is currently in a technically sensitive state, fluctuating near the important level of $0.31. This area represents a crucial point for the future trend of the encryption currency. In order to confirm the plot of price rise, DOGE will need to decisively break through and sustain above the level of $0.37. Such a breakthrough action, supported by the recent whale accumulation, may trigger a significant price increase. However, caution is still necessary. Breaking the support level of $0.30 could lead to a deeper pullback to $0.20, which is an important psychological support level in history. The massive accumulation of Dogecoin has created a strong signal for the market, but caution is needed in the current volatility of the encryption currency field. The next few days will be crucial to confirm whether this accumulation truly heralds a new price cycle for the most popular memetic encryption currency in the market.

DOGE-2,7%
ALI-7,95%
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