Dogecoin (DOGE) Price Prediction: Dogecoin Whales Scoop $158M as Bulls Eye $0.36 Breakout
The post Dogecoin (DOGE) Price Prediction: Dogecoin Whales Scoop $158M as Bulls Eye $0.36 Breakout appeared on BitcoinEthereumNews.com. Dogecoin is once again in the spotlight as large investors scoop up millions of tokens, fueling speculation that the meme coin may be preparing for its next major rally. In recent sessions, on-chain data confirmed that Dogecoin whales purchased more than 158 million DOGE, reducing available supply on exchanges. This surge in accumulation has reignited bullish sentiment across the market, with analysts pointing to $0.29 as the decisive resistance level that could unlock further gains. Dogecoin Price Nears Critical Resistance At press time, the Dogecoin price is hovering near $0.28, just below a major resistance zone at $0.29. This level has rejected multiple rallies since March, making it a crucial barrier for bulls. If buyers succeed in pushing past this threshold, analysts believe DOGE could quickly retest higher targets. Dogecoin faces a decisive test at $0.29, with a breakout potentially propelling prices toward $0.36 and $0.45. Source: Ali Martinez via X The next immediate resistance sits at $0.36, a level where profit-taking has historically taken place. A sustained breakout could further extend the rally toward $0.45, establishing a stronger technical outlook. In the event of another rejection, Dogecoin is expected to consolidate within the $0.24–$0.26 support range. Technical Indicators Support Breakout Potential Beyond whale activity, chart patterns are also fueling optimism. DOGE recently tested the upper Bollinger Band, a move that has previously triggered rallies in April, July, and August earlier this year. Trader Tardigrade highlighted the repeating setup, noting that each prior breakout led to double-digit percentage gains. This move signals renewed momentum and suggests that after a pullback, Dogecoin may be gearing up for a fresh uptrend. Source: Trader Tardigrade via X “The tightening of Bollinger Bands often signals incoming volatility,” Tardigrade explained. “With DOGE once again pressing the upper band, odds favor an upside breakout.” ETF Buzz…
The post Dogecoin (DOGE) Price Prediction: Dogecoin Whales Scoop $158M as Bulls Eye $0.36 Breakout appeared on BitcoinEthereumNews.com.
Dogecoin is once again in the spotlight as large investors scoop up millions of tokens, fueling speculation that the meme coin may be preparing for its next major rally. In recent sessions, on-chain data confirmed that Dogecoin whales purchased more than 158 million DOGE, reducing available supply on exchanges. This surge in accumulation has reignited bullish sentiment across the market, with analysts pointing to $0.29 as the decisive resistance level that could unlock further gains. Dogecoin Price Nears Critical Resistance At press time, the Dogecoin price is hovering near $0.28, just below a major resistance zone at $0.29. This level has rejected multiple rallies since March, making it a crucial barrier for bulls. If buyers succeed in pushing past this threshold, analysts believe DOGE could quickly retest higher targets. Dogecoin faces a decisive test at $0.29, with a breakout potentially propelling prices toward $0.36 and $0.45. Source: Ali Martinez via X The next immediate resistance sits at $0.36, a level where profit-taking has historically taken place. A sustained breakout could further extend the rally toward $0.45, establishing a stronger technical outlook. In the event of another rejection, Dogecoin is expected to consolidate within the $0.24–$0.26 support range. Technical Indicators Support Breakout Potential Beyond whale activity, chart patterns are also fueling optimism. DOGE recently tested the upper Bollinger Band, a move that has previously triggered rallies in April, July, and August earlier this year. Trader Tardigrade highlighted the repeating setup, noting that each prior breakout led to double-digit percentage gains. This move signals renewed momentum and suggests that after a pullback, Dogecoin may be gearing up for a fresh uptrend. Source: Trader Tardigrade via X “The tightening of Bollinger Bands often signals incoming volatility,” Tardigrade explained. “With DOGE once again pressing the upper band, odds favor an upside breakout.” ETF Buzz…
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