Dogecoin Price Analysis: Whales Drive Recovery with Potential to Surpass $0.2

Dogecoin Price Analysis: Amid the current market consolidation, the largest meme cryptocurrency by market cap Dogecoin has developed a local top at a $0.174 price level. A recent reversal from this resistance has tumbled the asset by 11% to seek support at the 38.2% Fibonacci retracement level at $0.156. With firm horizontal support and increased accumulation from large investors (Whale), the Dogecoin price prediction hints at a potential rebound in the near term.