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In a big step, Whale It took advantage of the recession in the last market to gain large quantities of encrypted currencies.
Current currency under the title of dogs, DokwinIt takes advantage of this trend, as it is indicated by a large holder that the whales are wandering in their recent decline. According to the encryption analyst on"The whales bought 460 million Dogoin (DOGE) in the decline in the last price."
Paying Dogecoin in the last market to low levels, making it an attractive purchase of long -term holders looking to get reduced prices. Bitcoin fell to less than 99,000 dollars early on Monday, as traders booked profits before the first Federal Open Market Committee meeting this year in the United States.
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Dukwin also fell, as it decreased to the lowest level of $ 0.305 in the trading session yesterday, and a decrease on Sunday. Dogecoin started falling after reaching levels higher than $ 0.434 on January 18. Bulls tried to stop the downtom direction, and pushed Dogecoin to a height of $ 0.401 on January 21, but the bears soon overcame, and the decreases began again.
The last decline in the recession of Dogecoin under its average average $ 50 caused $ 0.3574, below where it is currently trading. The first mark of strength will be a break above this main level, as Dogecoin may rise to $ 0.40 and then to $ 0.43.
On the other hand, if support fails at $ 0.305, Dogecoin may drop to $ 0.27 and then to $ 0.23.
What awaits her for encryption markets?
The cryptocurrency currencies were recovered in a session on Tuesday early, as investors expected the first meeting of the Federal Reserve in which the interest rate decisions will be taken. Dokwin This increase, an increase of 6.47 % in the past 24 hours to $ 0.334.
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Investors are looking forward to the upcoming Federal Open Market Committee meeting, which will be held on Tuesday and Wednesday, and will closely monitor as FED presents the last monetary policy decision. However, the rates of decrease in the rate remain low, as the Federal Reserve at its last meeting indicates that only 2025 prices have been planned.
According to the Fedwatch tool for the CME group, merchants have been priced by more than 97 % that interest rates remain constant.
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