May Dogecoin Lose $0.20 Support in February?
Dogecoin fell 0.46% to $0.24 on Friday, February 7th. Bitcoin failed again to stay over $100k, causing market drop and selling pressure. As onchain whale activity drops, DOGE sellers may hasten the downturn.
1M+ weekly DOGE transactions dropped from 3,490 to 840, suggesting less investor participation.
A 30% drop is predicted by the double top reversal pattern breakdown for dogecoin.
The DOGE adjustment occurred between $0.22 to $0.173.
Over 60% DOGE Whale Trades Decline
Dogecoin whale activity has plummeted, with huge transactions drying up. On-cha