The slumping Dogecoin price hasn’t made a positive move for DOGE holders recently. As a result, most memecoin lovers are causing a massive outflow in the network and exploring other profit avenues to recover from the loss. Meanwhile, Unilabs Finance (UNIL) is stealing the show with its fast-growing network and sales crossing 1.8 billion UNIL tokens priced at $0.009 each.
Dogecoin Price Movement: Technical Formation Eyes Dip
The Dogecoin price has been riding the wave of the crypto market’s recent strength, jumping more than 16% over the past week. However, DOGE has started to move sideways in the last 24 hours, and on-chain indicators are suggesting that a profit-taking phase might be around the corner. Recently, the percentage of addresses in profit for DOGE touched 84%.
This sentiment matched levels seen in late July before the Dogecoin price dropped from $0.24 to $0.19 in just one week. This metric has historically appeared as a warning sign for DOGE holders, and even some may be ready to cash out. Supporting this theory, the exchange spot netflow has flipped from negative to positive.
Expert DOGE Analyst Points to Key Support Level
On the technical side, the Dogecoin price is currently hovering near $0.23, just below the falling trendline of a descending triangle pattern. This formation often signals consolidation in shorter timeframes. Its Fibonacci levels are acting as the base of this triangle, creating important support zones for the Dogecoin price future outlook.
If this support holds, buyers may step in to maintain the upward momentum. However, if it breaks, the Dogecoin price could experience a deeper correction. For bulls to regain control, DOGE would need to clear the $0.240-$0.246 resistance zone. Breaking above this range would invalidate the bearish triangle pattern and open the door to testing $0.25 and more.
Unilabs Finance Beats Memecoin King Amid Market-wide Meltdown
With the memecoin king facing a broader market turmoil in the network, Unilabs Finance (UNIL) is making it big in its ongoing presale frenzy. This investment protocol is soaring ahead as the best ICO to buy in 2025 after its presale demand skyrocketed by 300% in a matter of months. This happened before the project went live on CoinMarketCap and is now eyeing a breakout.
Unilabs Finance currently manages $32 million USDC in assets under management (AUM), securely held in cold storage to ensure optimal safety and custody. As an AI-powered model, the platform is experiencing rapid growth, while the memecoin king faces intense backlash from DOGE holders amid the broader market shift.
DOGE Whales Pump $500K Into Unilabs Finance Presale Stage 6
In a surprising turn of events, Unilabs Finance (UNIL) analysts have observed a high-volume transaction in the network, hinting at a possible whale activity. Over the last 7 days, DOGE whales have reportedly injected $500,000 into Unilabs Finance ongoing presale. As a result, its bullish presale is on the brink of hitting a breakout opportunity in the near term.
Moreover, Unilabs Finance is gaining recognition for its AI-powered launchpad, which uses real-time market data and machine learning to uncover projects with strong fundamentals before they skyrocket in popularity. With a dedicated global community, Unilabs Finance offers direct, early-stage access to blockchain disruptors with its advanced AI technology.
Conclusion
As the Dogecoin price prepares to make a potential comeback in the market, Unilabs Finance (UNIL) is already claiming success with its explosive presale breakout, with over $12.77 million raised to date. Check out its fast-selling presale rush as it nears completion soon.
Discover More About Unilabs Finance:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
