By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CoinRoopCoinRoopCoinRoop
  • Home
  • Crypto Business
  • Exchange
  • Learn
    • Forex
    • Crypto Wallet
    • Crypto News
    • Forex Broker
    • How To Buy
    • Bitcoin
    • Net Worth
    • Crypto Knowledge
    • Crypto People
    • DEFI
    • Sponsored
  • Press Release
  • Altcoin
    • Live Price
    • Prediction
  • Contact Us
  • metawin button
Search Article On Coinroop
- Advertisement -
  • Advertise
  • Contact Us
  • About CoinRoop
  • Disclaimer
  • Editorial Guidelines
  • Privacy Policy
  • Sitemap
© 2025 Coinroop News Network. All Rights Reserved. Email - hello@coinroop.com
Reading: Can Dogecoin Trigger a Bullish Reversal as Whales Buy $100M in DOGE?
Share
Sign In
Notification Show More
Font ResizerAa
CoinRoopCoinRoop
Font ResizerAa
  • Advertise
  • Contact Us
  • About CoinRoop
  • Disclaimer
  • Editorial Guidelines
  • Privacy Policy
  • Sitemap
Search Article On Coinroop
  • Home
  • Crypto Business
  • Exchange
  • Learn
    • Forex
    • Crypto Wallet
    • Crypto News
    • Forex Broker
    • How To Buy
    • Bitcoin
    • Net Worth
    • Crypto Knowledge
    • Crypto People
    • DEFI
    • Sponsored
  • Press Release
  • Altcoin
    • Live Price
    • Prediction
  • Contact Us
  • metawin button
Have an existing account? Sign In
Follow US
  • Advertise
  • Contact Us
  • About CoinRoop
  • Disclaimer
  • Editorial Guidelines
  • Privacy Policy
  • Sitemap
© 2025 Coinroop News Network.. All Rights Reserved. Help/Ads Email us - hello@coinroop.com
betwallet
- Advertisement -
Crypto News

Can Dogecoin Trigger a Bullish Reversal as Whales Buy $100M in DOGE?

Techon
Last updated: 01/05/2025 10:46 PM
Techon
Share
Disclosure: This website may contain affiliate links, which means I may earn a commission if you click on the link and make a purchase. I only recommend products or services that I personally use and believe will add value to my readers. Your support is appreciated!
Can Dogecoin Trigger a Bullish Reversal as Whales Buy $100M in DOGE?
SHARE

As on-chain metrics reveal noteworthy whale accumulation, it seems Dogecoin is on the verge of a significant breakout. According to crypto specialist Ali Martinez, whales have bought around 100 million DOGE over the past week, implying increased sentiment about price recovery.

Ordinarily, the accumulation of Dogecoin is indicative of rising whales, suggesting floods of retail investors and active traders join the market. Such behaviors are typical before upward market movements, which underscores the astuteness of these players.

Ordinarily, the accumulation of Dogecoin is indicative of rising whales, suggesting floods of retail investors and active traders join the market. Such behaviors are typical before upward market movements, which underscores the astuteness of these players.

As of now, Dogecoin is being transacted at $0.1770, representing an approximate 35% increase since April’s bear lows. The sentiment towards DOGE has greatly improved, underpinned by its Dominance rank – which gauges the coin’s value in market conversations – jumping from a meager 0.9% to an impressive 2.524% according to Santiment.

That surge in social buzz is arguably the result of heightened attention after news broke about Nasdaq seeking approval to list 21Shares’ Dogecoin ETF.

- Advertisement -

Bullish sentiment is also supported by other technical analysis tools deemed bearish. CryptoBullet reported that the Livermore Accumulation Cylinder – a chart pattern indicative of strong reversal potential – has recently surfaced. This is a blend of rising and falling expansion suggesting DOGE is bound for a major upside breakout.

This is a blend of rising and falling expansion suggesting DOGE is bound for a major upside breakout.

As per the calculation, the meme coin has this time around dipped to the lower end of the poloniex channel and incredibly is considering a breakout toward $3, this highlighting a potential increase of nearly 280% from its current level.

In the short term Dogecoin is breaking out of a large bearish falling wedge, which within itself is a classic bullish reversal structure. The height of this wedge is about 63% and calculating that from the breakout point of $0.1595 puts the price target for the next Dogecoin rally at $0.2625.

 The height of this wedge is about 63% and calculating that from the breakout point of $0.1595 puts the price target for the next Dogecoin rally at $0.2625.

On the other hand, a word of caution is important. A dip below $0.1300 from last month’s low is a strong range for DOGE, meaning bearish pressure is still in play. This scenario would most likely cause additional sell-offs and invalidate the bullish direction.

As the bearish DeMarker oscillator indicates, technical indicators and sentiment focused the outlook for dogecoin does seems to trend upward and based on indicators also suggest. That said, traders should be more cautious because of the expose downside risks. The next few weeks will be more decisive in validating those signals supposed to hold up toward a sustained rally.

- Advertisement -
- Advertisement -

You Might Also Like

BTC Price Drops As Trump Says No Plans To Extend August 1 Tariff Deadline

BTC Price Falls After Trump Rejects August 1 Tariff Extension

BlackRock Set to Surpass Satoshi’s BTC Holdings in 2026 After Reaching 700K Milestone

Michael Saylor Plans to Expand Bitcoin Holdings Toward 600K BTC

Bitcoin Treasury Activity Explodes with 8,400 BTC Added in One Week

Disclaimer

The content posted on Coinroop.com is for informational purposes only and should not be taken as financial or investment advice. We cannot always ensure that everything is complete, accurate, or reliable.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Reddit Telegram Threads Bluesky Copy Link Print
ByTechon
Follow:
Techcon The 10-year-old crypto Blogger and an accomplished individual's voice is Techon in the Crypto World. Carter began his journey with Bitcoin in 2011 when he helped anyone interested in learning it through his well-appreciated blog. This skill is what makes Techno a storehouse of knowledge for both newbies and veterans since he breaks even the complex with lots of simplicity and yet offers balanced opinions. Through his decade-long experience in this field, he has evolved into a seasoned professional, which gave him access to the information needed in such a vast and well-orchestrated industry of Digital Currencies.
Previous Article Plutus Completes Historic Final Reconciliation of PLU Rewards Pool Plutus Completes Historic Final Reconciliation of PLU Rewards Pool and Announces Burn Schedule
Next Article 10 Best Car Insurance Australia 10 Best Car Insurance Australia
- Advertisement -
- Advertisement -
bydfi 300x250
- Advertisement -

Stay Connected

FacebookLike
XFollow
PinterestPin
TelegramFollow

Latest News

How to Buy a House in Oblivion – Easy Step-by-Step Guide
How to Buy a House in Oblivion – Easy Step-by-Step Guide
How To Buy
How to Buy Google Play Credit Easily in 2025
How to Buy Google Play Credit Easily in 2025
How To
How To Migrating Ethereum-based Tokens To Sidechains
How To Migrating Ethereum-based Tokens To Sidechains
How To
How to Buy Bitcoin from Bitcoin.com: Step-by-Step Guide
How to Buy Bitcoin from Bitcoin.com: Step-by-Step Guide
How To Buy

You Might also Like

Satoshi-Era Bitcoin Whale Moves $2.1B After 14 Years – Are Long-Term Holders Selling?
Crypto News

Satoshi-Era Bitcoin Whale Moves $2.1B After 14 Years – Are Long-Term Holders Selling?

4 Min Read
Binance Executive Departs After 8-Month Detention in Nigeria
Crypto News

Binance Executive Departs After 8-Month Detention in Nigeria

3 Min Read
Pakistan’s Bold Bitcoin Reserve Faces Potential IMF Scrutiny
Crypto News

Pakistan’s Bold Bitcoin Reserve Faces Potential IMF Scrutiny

3 Min Read
Bitcoin Below $110K: Why Now Is a Smart Time to Sell MicroStrategy Stock
Crypto News

Bitcoin Below $110K: Why Now Is a Smart Time to Sell MicroStrategy Stock

3 Min Read

Our Address

In Heart Of World
Dubai & Europe
hello@coinroop.com
For Advertisement Email us or telegram at our telegram id - @coinroopads

LATEST PRESS RELEASE

Bitcoin.com Casino Gives Away 1 BTC in a Weekly Tournament
Bitcoin.com Casino Gives Away 1 BTC in a Weekly Tournament
Press Release

Categories

CoinRoopCoinRoop
Follow US
© 2025 Coinroop News Network. All Rights Reserved.
  • Advertise
  • Contact Us
  • About CoinRoop
  • Disclaimer
  • Editorial Guidelines
  • Privacy Policy
  • Sitemap