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Dogecoin Falls Below $0.081 as Large-Holder Balances Rise

Dogecoin Falls Below $0.081 as Large-Holder Balances Rise

Photo: TokenPost

Dogecoin (DOGE) was below $0.081 in an Oct. 17 weekly-chart snapshot, after falling about 7.6% from the week’s open and moving under a level crypto analyst Ali Martinez had identified in a possible recovery setup. The snapshot showed DOGE at 0.08020 USDT, against a weekly open of 0.08678 USDT and a low of 0.07770 USDT. Martinez’s setup combined a daily TD Sequential buy signal near $0.081 with an estimate that about 36 billion DOGE last moved on-chain around that price. He also estimated large-holder balances rose from 55.6 billion DOGE on Oct. 12 to 56.2 billion on Oct.

Source: TokenPost

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