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Bitmine has crossed a notable threshold in corporate crypto accumulation, 
reporting ethereum holdings of more than 4 million tokens after a rapid 
buildup over the past several months. Bitmine’s Ethereum Stack Tops 4 Million 
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approximately 4.066 million ethereum, representing about 3.37% of the 
network’s circulating supply, […]

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Dogecoin (DOGE) is trading above a price level that could determine whether 
its recent decline turns into a base or extends into deeper weakness. A crypto 
analyst has identified a critical support level at $0.128, which could change 
Dogecoin’s bullish outlook if it continues to hold above it. According to the 
analysis, holding above this key level could create the ideal conditions for 
investors seeking long positions. Analyst Identifies $0.128 As Critical 
Support For Dogecoin The Dogecoin price is above a make-or-break zone that 
could define its next significant price move and signal how investors position 
themselves in the long term. Market expert Crypto Tony has shared an updated 
outlook on Dogecoin, focusing on the importance of reclaiming the key support 
zone around $0.128 before considering long positions. Related Reading: 
Dogecoin Open Interest Crashes To April Levels, Here’s What Happened Last Time 
Notably, Crypto Tony has stated that a long setup could become more favorable 
and appealing if DOGE’s price can hold steadily above the $0.128 level. The 
support zone also emerges as Dogecoin’s price action shows early signs of 
stabilization after a sustained downside pressure. For the past few months, 
the meme coin has been in a decline, mirroring the broader market downturn and 
sustained risk-off sentiment. The analyst’s chart shows Dogecoin recently 
selling off sharply before finding temporary stability slightly above $0.128 a 
few days ago. The meme coin’s price is also trading below the highlighted 
horizontal line on the chart, which aligns closely with the support area. 
Visual projections on the chart further suggest a period of sideways movement 
between $0.128 and $0.130, followed by a potential breakout to the upside. 
Crypto Tony pinpoints a bullish target near $0.135, representing a more than 
2.2% surge from Dogecoin’s price of $.0132, as of writing. Dogecoin Weekly 
Chart Signals Extended Correction Before Price Explosion Pseudonymous crypto 
analyst Cantonese Cat has also delivered a weekly analysis of Dogecoin, 
highlighting a prolonged corrective phase in its market structure. According 
to him, DOGE has already endured roughly 13 months of bearish price action, 
which aligns with a potential Wave 2 correction. The analyst stated that this 
downturn stage would precede an explosive Wave 3, which could see the meme 
coin’s price jump to new highs. Related Reading: Dogecoin Price Squeeze Maps 
Out Two Possible Scenarios From Here Cantonese Cat revealed in his analysis 
that his Dogecoin bullish setup may feel unlikely to many traders at the 
moment. This is especially true given that Dogecoin has been trending 
downwards for most of the year, failing to break out of its bearish position. 
Despite this, the analyst notes that the skepticism is precisely why the 
scenario remains plausible. The analyst’s chart shows that Dogecoin’s first 
wave has already completed, followed by a declining Wave 2. Price action is 
also interacting with multiple Fibonacci retracement levels while respecting a 
long-term downward trendline. Featured image from Getty Images, chart from 
Tradingview.com

Cryptocurrency price in INR