Recently, the cryptocurrency market has once again attracted attention, especially regarding the movements of DOGE. Data shows that in just 24 hours, large investors—commonly known as "whales"—purchased approximately 310 million DOGE, a move that has sparked speculation in the market about a potential rise in DOGE prices.

Cryptocurrency analyst Ali Martinez pointed out that a remarkable buy signal has appeared on the daily chart of DOGE. This signal coincides with the timing of large whales making significant purchases, coinciding with DOGE's price nearing the important support range of $0.21 to $0.23. Historical data shows that whenever the price touches this range, it often triggers a significant rebound.

On the technical side, the DOGE daily chart shows a positive signal known as a "golden cross"—the 50-day moving average has broken above the 200-day moving average. At the same time, the Relative Strength Index (RSI) is currently at a level of 50.6, indicating that there is still room for the DOGE price to rise before reaching overbought conditions.

It is worth noting that the exchange's DOGE reserves are decreasing, which means that more tokens are being transferred to personal wallets. Currently, over 72.6 billion DOGE are stored in various wallets, setting a new high in nearly two years. This trend is generally seen as a signal that investors are optimistic about the long-term price of the coin.

However, despite these positive signs, investors should remain cautious. The cryptocurrency market has always been highly volatile, and price movements are influenced by various factors. Although current data seems to suggest that DOGE may be迎来新一轮上涨, the actual performance of the market remains to be seen. Investors should fully consider their own risk tolerance and closely monitor market dynamics when making decisions.