Dogecoin has reached an important resistance zone near $0.098, according to crypto analyst Ali, who said on X that roughly 28 billion DOGE had previously traded around that level. He also said whale accumulation has continued, with large holders buying more than 1.14 billion DOGE over the past 96 hours, worth about $112 million. Ali added that the recent buying suggests whales may be positioning for a move above the current resistance area. The comments point to a price level with heavy prior trading activity while highlighting continued accumulation by large holders over a four-day period.
Dogecoin has reached a key resistance area near $0.098, crypto analyst Ali said in a post on X. He said roughly 28 billion DOGE had previously traded around that price level.
Ali also said whales are still accumulating. Over the past 96 hours, large holders bought more than 1.14 billion DOGE in total, worth about $112 million.
He added that the buying appears to show whales positioning for DOGE to break through the current resistance level.
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