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(DOGE) is actively being considered due to its price remaining in a critical range. Whale purchases increased in March, with over 220 million units acquired. Analysts believe this trend could drive Dogecoin towards higher price levels, with some expecting a long-term target of $0.6533.

Whale accumulations indicate increasing interest.
According to chain data, many large investors purchased large amounts of Dogecoin over the past month. Data from Ali Charts shows that whales bought more than 220 million Dogecoin in March.
This level of accumulation shows that high-net-worth investors are optimistic about the stock despite recent price volatility. Cryptocurrencies influence liquidity and price movements. When large investors accumulate assets, it often indicates their expectation of a future price increase. Recent purchases of Dogecoin suggest that institutional and individual investors are preparing for a potential increase in prices.

Market analysts indicate that increased whale activity may lead to reduced selling pressure, which decreases volatility and enhances price range stability. If this trend continues, it could contribute to a rise in the price of Dogecoin.

The main resistance levels for Dogecoin are at $0.18 and $0.21.
Dogecoin faces strong resistance at the levels of $0.18 and $0.21. These are critical price points based on historical trading activity. Data from the realized price distribution (URPD) from UTXO shows that approximately 8% of the total Dogecoin supply was last traded at a price of $0.18, while 7% was acquired at a price of $0.21.
These levels can be considered important resistance areas. There are many investors who have invested in Doge at these prices, and they may want to sell it again when the price returns to this level. This may also create certain barriers that could limit any further upward movement.

However, if its price rises above these levels, experts are convinced that the price movement may be pushed into the next phase of increase.

Based on technical analysis, a price breakout above the mentioned levels could lead to further targets. According to Fibonacci retracement levels, the price of Dogecoin could reach $0.33 if it surpasses $0.21. This move would pave the way for more upward momentum, aligning with analysts' predictions.

The long-term target price for Dogecoin is set at $0.6533.
Analyst Javon Marks indicates that the price movement of Dogecoin has set a long-term target at $0.6533. This represents a potential increase of more than 270% from its current value. This target is based on historical price patterns and technical analysis indicators.