[REVISION HISTORY]
Dogecoin steadies near $0.07, whales add, bottom possible
Updated 1 time since CLSTR started tracking revisions of this situation.
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2026-07-26 07:51 UTC → 2026-07-26 23:55 UTC ·
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Dogecoin rebounds steadies near $0.07, whales accumulate add, bottom possible
After slipping below the $0.07 barrier on 22 July 2026 and trading under its short‑term moving averages, July, Dogecoin showed limited upside, with the RSI stalled in the low‑40s and spot‑ETF inflows marginal. By 24 July the token recovered to about $0.0733, $0.0733 on 24 July, posting a 6 % gain on the day. daily gain. Leveraged USDT‑margined futures data indicated showed long‑position exposure share rising to roughly 70 % of open interest, while Bitcoin’s long ratio fell. On‑chain activity revealed data confirmed a whale‑sized purchase of roughly 1 billion DOGE (≈ $70 million), suggesting renewed reinforcing confidence among major holders. Technical analysis highlighted continued to highlight a rare monthly TD Sequential buy signal at the $0.056 support level, level and analysts identified $0.16 as near‑term resistance with a longer‑term long‑term channel ceiling near $0.45. Nevertheless, downside risks persist: a clean close below $0.0713 could reignite the bearish trend, Volume on 24 July reached $619.5 million, and breaches of the $0.069–$0.065 zone would test the longer‑term $0.055‑$0.060 support area. Overall, the market shows capitalisation stood at $11.37 billion. By 26 July, price was confined to a brief bullish reversal amid strong accumulation, but tight support zone between $0.0690 and $0.0700, with DOGE trading near its anchored VWAP and high‑volume price nodes, suggesting equilibrium after a prolonged decline. Analysts note the outlook remains cautious until narrow 50‑60‑day range may signal a decisive breakout confirms potential longer‑term bottom, though a sustained recovery. breakout direction remains uncertain.
Versions
- 2026-07-26 23:55 UTC Dogecoin steadies near $0.07, whales add, bottom possible
- 2026-07-26 07:51 UTC Dogecoin rebounds near $0.07, whales accumulate
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