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Dogecoin struggles below $0.1018 resistance despite whale accumulation and high transaction volume.

Technical Signals
23 Apr 2026
Coinpaper
View Source
Neutral
pluang ai news

Dogecoin continues to trade below the key resistance level of $0.1018 after multiple failed attempts to break out, maintaining a downtrend with active selling pressure. The price remains confined within a narrow parallel channel, limiting directional movement, while sellers aggressively defend the resistance. However, on-chain data shows a surge in transaction volume and significant accumulation by large holders (whales), indicating growing interest and potential for a strong move if the resistance is broken. A confirmed close above $0.1018 with rising volume could push Dogecoin toward the next target near $0.1172, marking a critical short-term decision point for the asset's trend.

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