{"id":246074,"date":"2024-02-12T23:24:13","date_gmt":"2024-02-12T17:54:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/whats-next-for-dogecoin-price-amid-dwindling-whale-transaction-count-crypto-news\/"},"modified":"2024-02-12T23:24:16","modified_gmt":"2024-02-12T17:54:16","slug":"whats-next-for-dogecoin-price-amid-dwindling-whale-transaction-count-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/whats-next-for-dogecoin-price-amid-dwindling-whale-transaction-count-crypto-news\/","title":{"rendered":"What\u2019s Next For Dogecoin Price Amid Dwindling Whale Transaction Count – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

A breakout has been brewing for\u00a0Dogecoin price<\/span><\/a>\u00a0since the beginning of the year, however, the largest meme coin is yet to find an escape. Stuck within a narrow range from support at $0.075 and resistance at $0.088, DOGE trades at $0.0811 during the American session on Monday.<\/p>\n

Can Dogecoin Breakout To $0.1?<\/h2>\n

Although activity in the ecosystem has noticeably slowed down since January, 60% of all Dogecoin addresses roughly 1.34 million are in profit or \u2018in the money\u2019 based on insights from blockchain analytics company,\u00a0IntoTheBlock<\/span><\/a>.<\/p>\n

<\/p>\n

This emphasizes the likelihood of a bullish outcome while underscoring the importance of key support ranges, for instance, the region between $0.0772 and $0.0792, where 624k addresses bought 4.38 billion DOGE at an average price of $0.0787.<\/p>\n