This article is part of:Optimism at the $0.16 level could see the Dogecoin price test $2, predicts analyst Ali.

As the meme coin faces a critical test at a key support zone, whales have been shifting their focus toward Rollblock’s presale, investing hundreds of thousands of dollars as the token surges 610% with 60,000+ early investors joining the platform.

Dogecoin price could hit $2 if buyers hold at $0.16, says analyst

Technical analyst Paul predicts that the Dogecoin price could drop to the $0.12–$0.15 range before a potential rebound. According to his Elliott Wave analysis, DOGE is in the final corrective phase of a broader (A)–(B)–(C) pattern.

His one-day chart shows a five-week decline from a recent peak, with Dogecoin forming the fifth and final subwave. The $0.12–$0.15 zone, marked by key Fibonacci levels at 61.8% ($0.160257) and 78.6% ($0.118726), is viewed as a critical support area.

If buyers step in at this level, it could set the stage for a reversal. However, if sellers push lower, the correction could deepen.

Dogecoin has been trading below the Ichimoku Cloud since late January, reinforcing the downtrend. Lower highs and lower lows confirm the bearish momentum, while steady selling pressure is reflected in volume data.

Despite the short-term weakness, whale activity is increasing. According to Benzinga, large holders recently purchased 910 million Dogecoin, signaling confidence in long-term potential. This accumulation comes after the SEC clarified that meme coins are not considered securities, reducing regulatory risk.

Santiment data also shows a rise in large transactions over $100,000, which is often a bullish signal.

Currently trading at $0.1851, Dogecoin could stabilize and rebound if support holds within the key $0.12–$0.15 zone. However, a deeper correction could open possibilities for a move toward the $0.07 level, which is a significant Fibonacci point at 23.6%.

Rollblock’s token soars 610% in ten presale rounds as major crypto figures join

Rollblock is revolutionizing GameFi by combining the security of blockchain with the excitement of online gaming. The platform hosts over 7,000 AI-powered games from 10 top iGaming developers, all fully on-chain. This setup guarantees that every outcome is recorded and encrypted, eliminating fraud and ensuring transparency.

Rollblock also holds a full e-gaming license from the Anjouan Gaming Authority and has passed a SolidProof audit, further reinforcing trust and credibility.

Traditional gaming platforms often face slow withdrawals and processing delays, but Rollblock solves this with nearly instant deposits and withdrawals using over 20 cryptocurrencies. For fiat users, seamless payment integration with Apple Pay, Google Pay, Mastercard, and Visa ensures fast, hassle-free transactions.

Rollblock’s strong fundamentals have driven rapid adoption. In February alone, the platform raised over $2 million in presale funding and attracted 10,000 new players, boosting deposits and wagers.

Its growing momentum has also caught the attention of major web3 figures. YouTubers such as Crypto Nautic, known for his in-depth cryptocurrency analysis, have personally invested in Rollblock’s presale, adding to the platform’s credibility.

At the heart of the ecosystem is RBLK, Rollblock’s native token. Currently priced at $0.061, the token has surged over 610% in ten presale rounds. Its deflationary model strengthens long-term value by allocating up to 30% of platform revenue to token buybacks.

Can Rollblock reach $1 this cycle?

With more investors looking to secure an allocation, the token can potentially surge toward $1 this cycle. Growing demand and positive market sentiment have positioned Rollblock as one of the most promising opportunities in the GameFi sector.

Newly launched 50% presale bonus for March

To accelerate this momentum even further, Rollblock is offering a 50% presale bonus throughout March. This generous offer aims to double the number of new investors and players compared to February.

The bonus will increase participation in the platform and strengthen its market position. As more user acquisition channels are opened throughout the year, the platform's ecosystem is poised for exponential growth.

For more information on Rollblock, visit the website or socials.