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DOGE Eyes $0.30 as Whale Activity Fuels 6% Surge

DOGE Eyes $0.30 as Whale Activity Fuels 6% Surge

Author:
DOGE News
Published:
2025-08-13 14:09:04
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[TRADE_PLUGIN]DOGEUSDT,DOGEUSDT[/TRADE_PLUGIN]

Dogecoin (DOGE) has experienced a significant 6% price surge in the past 24 hours, driven by substantial whale accumulation and a strong support zone between $0.227 and $0.2307. Despite minor pullbacks, the meme coin has posted an impressive 17.75% weekly gain, currently trading at $0.2365 as of August 13, 2025. Technical indicators suggest an 18.19% upside potential to $0.26 if the bullish momentum continues. Institutional interest is evident, with whales purchasing 1 billion DOGE (worth approximately $200 million) recently, further fueling optimism for a push toward $0.30. This accumulation highlights growing confidence in DOGE's near-term prospects, making it a cryptocurrency to watch closely in the coming days.

DOGE Price Surges 6% Amid Whale Accumulation, Eyes $0.30

Dogecoin (DOGE) has rallied over 6% in the past 24 hours, buoyed by whale activity and a resilient support zone between $0.227 and $0.2307. The meme coin has gained 17.75% weekly despite minor pullbacks, trading at $0.2365 at press time.

Technical analysis suggests an 18.19% upside potential to $0.26 if bullish momentum holds. Institutional interest is evident, with whales scooping up 1 billion Doge ($200 million) recently, pushing large-holder ownership toward 50% of supply. This accumulation reduces sell-side liquidity and signals confidence in the asset.

Polymarket traders now price an 80% probability of a Dogecoin ETF approval, reflecting shifting regulatory tides. A breakout above $0.28 could open a path to $0.38 resistance, according to chart analysts.

Dogecoin Surges 22% as Technical Breakout Sparks Bullish Targets

Dogecoin has rallied 22% over the past week, with its price breaking out of a bullish flag pattern on the 4-hour chart. Analysts now eye $0.27-$0.295 as the next targets, citing strong technical momentum and whale accumulation.

The meme cryptocurrency currently trades at $0.24, supported by $3.45 billion in daily volume. A golden cross formation on the daily chart reinforces the bullish case, with $0.20 emerging as critical support. Whale activity has intensified, with over 1 billion DOGE purchased recently as open interest surpasses $3.5 billion.

Trader Tardigrade identifies the breakout from a consolidation channel following the initial surge from $0.20 to $0.24. The pattern suggests continuation of the uptrend, with immediate resistance at $0.25. Ali Martinez adds that the hourly chart shows similar strength, with Fibonacci levels supporting a MOVE toward $0.27.

Analysts Predict Dogecoin Could Hit $1 Based on 4-Year Cycle Patterns

Crypto analyst KrissPax has identified a compelling case for Dogecoin's potential surge to $1, anchored in its historical 4-year market cycles. The meme coin has consistently mirrored these patterns—bear markets, bull runs, and blow-off tops—suggesting an impending parabolic rally this fall. Chart analysis indicates a trajectory toward $1 if DOGE follows its WHITE upward sloping resistance line, with a speculative $2 peak possible if it mirrors the 2017 blue arc pattern.

DOGE's current rebound underscores this optimism. After dipping below $0.2 in recent corrections, the asset has rallied 17% weekly, eyeing a retest of its $0.26 local high. Analyst Ali Martinez reinforces this momentum, forecasting an imminent breakout. The convergence of cyclical trends and technical recovery positions dogecoin as a high-potential play in the evolving crypto landscape.

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