Whale Buy Alert: Over $5M Moves From DOGE Early Investor to This Viral AI Asset Manager

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Despite a brief period of downward pressure, Dogecoin (DOGE) has regained momentum, showing a daily increase of over 5%. This surge has propelled Dogecoin's price above the $0.22 mark, representing a notable technical achievement for the meme-based cryptocurrency.

As DOGE approaches a crucial resistance level, Unilabs Finance (UNIL), an AI-powered asset management platform, is attracting attention with its ongoing presale. The platform has reportedly raised over $12.1 million and manages over $32 million in assets.

Dogecoin Price Tests $0.2250 Resistance Level

DOGE's recent technical performance suggests the potential for further gains in the near term. The price initiated an upward trajectory from its $0.1950 support level.

This positive movement allowed the cryptocurrency to break through key resistance levels, ranging from $0.2020 to $0.2150. This rally coincided with similar positive trends observed in Bitcoin (BTC) and Ethereum (ETH). The Dogecoin price reached a high of $0.2243 before consolidating above the 23.6% Fibonacci retracement level.

Source: TradingView

Recent trading patterns indicate that Dogecoin's price is likely to hold above $0.2200 and the 100-hourly simple moving average. A bullish trend line has also formed around the $0.2150 support area.

This support base provides a foundation for continued upward momentum for Dogecoin's price. However, immediate resistance is present at the $0.2250 level. Breaking through this barrier could lead to traders targeting the $0.2320 level.

Why Some Investors Are Exploring Unilabs Finance

Even as Dogecoin experiences an upward trend, some investors are reportedly allocating funds to Unilabs Finance. This is potentially driven by the belief that the AI-powered asset manager can optimize investment strategies.

Unilabs Finance utilizes analytics and AI algorithms to offer automated, risk-managed portfolios. With assets under management exceeding $32 million, the platform is attracting interest.

The platform offers various funds designed to cater to different investment objectives, including stability, growth, passive income, and real-world asset exposure.

Unilabs Finance has reportedly raised over $12.1 million in funding during its presale.

Conclusion

Dogecoin's current outlook suggests it may surpass the $0.2250 resistance level, potentially opening the door for further gains. Some investors are exploring Unilabs Finance as a potential investment diversification strategy.