{"id":467710,"date":"2025-07-26T18:06:43","date_gmt":"2025-07-26T18:06:43","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1196666"},"modified":"2025-07-26T18:06:43","modified_gmt":"2025-07-26T18:06:43","slug":"are-whales-accumulating-doge-ahead-of-a-breakout-technical-indicators-point-to-a-dogecoin-breakout","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/07\/26\/are-whales-accumulating-doge-ahead-of-a-breakout-technical-indicators-point-to-a-dogecoin-breakout\/","title":{"rendered":"Are Whales Accumulating DOGE Ahead of a Breakout? Technical Indicators Point to a Dogecoin Breakout"},"content":{"rendered":"<ul>\n<li><b>Dogecoin (DOGE) has been tipped for a breakout as whale activities increase while key market indicators confirm a bullish trend.&nbsp;<\/b><\/li>\n<li><b>An analyst has predicted that DOGE could rise by 2,600% to trade at $6.9 in the long term.&nbsp;<\/b><\/li>\n<\/ul>\n<hr>\n<p>Dogecoin (DOGE) appears to have stabilized after days of broad market volatility. According to CoinMarketCap data, the dog-themed coin reached a monthly high of $0.29 from the $0.15 low.<\/p>\n<p>However, profit-taking activities caused the price to decline to $0.22, as <a href=\"https:\/\/www.crypto-news-flash.com\/xrp-dogecoin-crash-10-as-solana-falls-7\/\" target=\"_blank\" rel=\"nofollow noopener\">noted<\/a> in our recent post. At press time, DOGE was staging a rebound with a <span><b>4%<\/b><\/span> surge on its daily price chart to trade at $0.237.<\/p>\n<h3>More About the Recent DOGE Movements<\/h3>\n<p>Looking into the cause of the recent upsurge, analysts observed a strong institutional move with Bit Origin, for instance, allocating $500 million into the DOGE treasury. As <a href=\"https:\/\/www.crypto-news-flash.com\/dogecoin-jumps-10-and-analyst-sees-559-rally-ahead\/\" target=\"_blank\" rel=\"noopener\">highlighted<\/a> in our earlier blog post, this makes them the first major US company to hold a financial reserve in the asset.<\/p>\n<p>However, overbought condition and a lack of sustained pressure were cited as the reasons for the subsequent retracement. DOGE\u2019s Relative Strength Index (RSI) is now hovering around the 59 level, signalling a neutral sentiment. Fascinatingly, analysts explain that there is more room for growth.<\/p>\n<p>On the MACD indicator, analysts observed there is a bullish potential as the line hovers at 0.0177, which is above the signal line at 0.0174. Meanwhile, the moving averages show a mixed outlook. The DOGE price is currently above the 200-day SMA at $0.22. However, it remains below the 7-day SMA at $0.25. Analysts explain that this suggests a short-term weakness in a long-term uptrend. Technically, this confirms a consolidation phase.<\/p>\n<p>According to on-chain data, DOGE whales also continue to accumulate the asset as addresses holding more than 10 million of the token now control 122.59 billion DOGE. As <a href=\"https:\/\/www.crypto-news-flash.com\/dogecoin-price-faces-pressure\/\" target=\"_blank\" rel=\"noopener\">explained<\/a> in our previous publication, this represents 81% of the total supply.<\/p>\n<p>Based on the market behavior, the most crucial resistance level for DOGE has currently been fixed at the $2.9 level. On the other hand, the $0.17 level has been highlighted as reliable support for the asset. Mathematically, this represents about a 29% decline from the current level. Breaking below this level could see DOGE trading at $0.14.<\/p>\n<p>For now, $0.24 has been tipped as a perfect entry and a more favorable position. However, conservative investors could wait for a decisive break above the $0.25 level before establishing a position.<\/p>\n<h3>Analysts Opinion<\/h3>\n<p>Analyst <a href=\"https:\/\/x.com\/ali_charts\/status\/1948988654430327062\" target=\"_blank\" rel=\"nofollow noopener\">Ali Martinez<\/a> argues that the TD Sequential indicator on the DOGE\/USDT hourly chart indicates a buy signal, and could fuel its next rally, as <a href=\"https:\/\/www.crypto-news-flash.com\/ema-breakout-signals-dogecoin-may-rally-to-1-10-soon\/\" target=\"_blank\" rel=\"noopener\">detailed<\/a> in our earlier review.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1196674 size-full\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/07\/Screenshot_20250726-094419.jpg\" alt=\"Doge \" width=\"617\" height=\"899\"><\/p>\n<p>In the long term, DOGE is expected to reach a market cap of $1 trillion, with analyst Crypto Kaleo predicting a 2,600% surge to $6.9. According to this trader, DOGE is preparing for an \u201cimminent God candle\u201d. As <a href=\"https:\/\/www.crypto-news-flash.com\/cardano-jumps-12-while-dogecoin-and-sui-gain-10-is-altseason-here\/\" target=\"_blank\" rel=\"noopener\">mentioned<\/a> in our earlier discussion, another analyst, called Trader Tardigrade, expects a 4,259% rise to $8 in the long term.<\/p>\n<hr>\n<h6>Recommended for you:<\/h6>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin (DOGE) has been tipped for a breakout as whale activities increase while key market indicators confirm a bullish trend.&nbsp; An analyst has predicted that DOGE could rise by 2,600% to trade at $6.9 in the long term.&nbsp; Dogecoin (DOGE) appears to have stabilized after days of broad market volatility. According to CoinMarketCap data, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":467711,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[972,1392,17883,15311,405,25],"class_list":{"0":"post-467710","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-doge","9":"tag-doge-price","10":"tag-doge-price-analysis","11":"tag-doge-price-prediction","12":"tag-dogecoin","13":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/467710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=467710"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/467710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/467711"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=467710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=467710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=467710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}