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2,000,000,000 DOGE Bought by Whales in 2 Days: What’s Coming Next?

DOGE price chart

TL;DR

  • Whale wallets purchased 2 billion DOGE close to $0.245, echoing previous pre-rally accumulation patterns.
  • DOGE trades at trendline intersection, with analysts awaiting a bounce or breakdown.
  • Chart patterns challenge as much as 800% beneficial properties, concentrating on $0.739 to $1.30 if historical past repeats.

Large DOGE Purchases Follow Price Dip

In the final 48 hours, wallets holding between 100 million and 1 billion Dogecoin (DOGE) bought about 2 billion tokens. This enhance in whale exercise was reported by market analyst Ali Martinez, primarily based on information from Santiment. The accumulation befell throughout a quick worth drop to round $0.245.

An analogous sample was seen again in the sooner half of this 12 months. Large-sized purchases made by whales occurred to be adopted by upward strikes in costs in July and September. Currently, such happenings are incomes consideration, as they appear to coincide with behaviors throughout accumulation intervals.

CryptoPotato beforehand reported the looks of a TD purchase sign, marked by a purple “9” candle on the TD Sequential indicator. This sample is often seen by merchants as an early signal of promoting exhaustion and is commonly watched for potential worth reversals.

Price at a Key Chart Intersection

Analyst Batman pointed to a chart formation the place DOGE is buying and selling at a degree the place two trendlines meet. One is a downward trendline that has was assist. The different is a rising line that has supported worth since mid-2025.

DOGE price chart
Source: Batman/X

Meanwhile, the intersection is close to $0.246, the place DOGE just lately discovered assist. Past strikes from this space have usually resulted in continued upward momentum. If assist holds, the chart suggests worth may try to maneuver again towards $0.3. A breakdown, nevertheless, would deliver the present pattern into query.

The setup combines two sturdy ranges and is being watched by merchants for short-term route.

Long-Term Pattern Shows Potential Breakout

Another chart shared by Javon Marks critiques previous DOGE cycles. Previous patterns present steep drops adopted by lengthy consolidations and powerful rallies. In 2017, the meme coin climbed over 470%. In 2021, it gained greater than 28,000%.

(*2*)
Source: Javon Marks/X

Marks acknowledged that, primarily based on the present construction, DOGE could possibly be lining up for a 195% transfer, with a goal above $0.739. The chart exhibits a well-recognized base forming, comparable to people who got here earlier than earlier breakouts.

In addition, Bitcoinsensus posted a chart displaying DOGE forming greater lows over time. The final two rallies moved 300% and 500%. Based on the identical construction, the present transfer may attain 800% if the sample continues.

Interestingly, the projected stage for this transfer is round $1.3. DOGE has bounced once more from the rising assist line used in earlier cycles. This repeat of previous worth motion is being famous, however whether or not it continues remains to be unsure.

Traders are watching worth response round present ranges, as sturdy shopping for from whales combines with technical alerts seen in previous market strikes.

The put up 2,000,000,000 DOGE Bought by Whales in 2 Days: What’s Coming Next? appeared first on CryptoPotato.

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