$DOGE
DOGECOIN RECORDS ITS FIRST DEATH CROSS OF 2026 AS WHALES REDUCE THEIR HOLDINGS.
Dogecoin is facing a challenging technical outlook.
On October 28, the first death cross of the year was confirmed, as the 50-day moving average fell below the 200-day moving average. This signal reflects a weakening medium-term trend.
This is compounded by a shift in the behavior of large holders.
- According to Santiment data, addresses holding between 10 and 100 million DOGE have reduced their holdings by approximately 120 million tokens since Thursday, equivalent to about $8.8 million.
Over the same period, smaller wallets accumulated around 100 million DOGE. The difference leaves a balance of 20 million tokens that these groups did not absorb.
The price also fell below support at $0.075 again, reaching around $0.0737. The next key levels are at $0.0731 and $0.0721, while the $0.068 zone appears to be a more significant support level.
For now, DOGE remains below its main moving averages and needs to reclaim $0.079 to begin showing technical improvement.
TRADE HERE 👇
#DOGE #TradingCommunity #TrendingTopic #crypto #Whale.Alert
DOGECOIN RECORDS ITS FIRST DEATH CROSS OF 2026 AS WHALES REDUCE THEIR HOLDINGS.
Dogecoin is facing a challenging technical outlook.
On October 28, the first death cross of the year was confirmed, as the 50-day moving average fell below the 200-day moving average. This signal reflects a weakening medium-term trend.
This is compounded by a shift in the behavior of large holders.
- According to Santiment data, addresses holding between 10 and 100 million DOGE have reduced their holdings by approximately 120 million tokens since Thursday, equivalent to about $8.8 million.
Over the same period, smaller wallets accumulated around 100 million DOGE. The difference leaves a balance of 20 million tokens that these groups did not absorb.
The price also fell below support at $0.075 again, reaching around $0.0737. The next key levels are at $0.0731 and $0.0721, while the $0.068 zone appears to be a more significant support level.
For now, DOGE remains below its main moving averages and needs to reclaim $0.079 to begin showing technical improvement.
TRADE HERE 👇
#DOGE #TradingCommunity #TrendingTopic #crypto #Whale.Alert
