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DOGE Bull Flag Breakout Signals Strong Momentum Toward $0.30

DOGE Bull Flag Breakout Signals Strong Momentum Toward $0.30

Author:
DOGE News
Published:
2025-08-14 07:02:27
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[TRADE_PLUGIN]DOGEUSDT,DOGEUSDT[/TRADE_PLUGIN]

Dogecoin (DOGE) has surged 6.6% to $0.25, driven by institutional accumulation and a confirmed bull flag breakout. With trading volume on Binance spot markets hitting $539.8 million, the cryptocurrency is showing strong momentum toward the $0.30 resistance level. Whale activity, including a $200 million DOGE accumulation on August 11, has provided underlying support, despite a brief 6.88% dip on August 12. This bullish trend suggests potential for further gains in the near term.

DOGE Surges 6.6% as Bull Flag Breakout Targets $0.30 Resistance

Dogecoin has surged 6.6% to $0.25, fueled by institutional accumulation and a confirmed bull flag breakout. Trading volume on Binance spot markets reached $539.8 million, signaling strong momentum toward the $0.30 resistance level.

Whale activity, including a $200 million DOGE accumulation on August 11, has provided underlying support. This follows a volatile period where Dogecoin briefly dipped 6.88% on August 12 before rebounding sharply.

Renewed ETF Optimism and a 13.16% increase in derivatives open interest to $3.82 billion further underscore institutional interest. The technical breakout suggests sustained upward potential as buyers dominate above the $0.24 pivot.

Whales Accumulate 2 Billion DOGE Amid Bullish Signal

Dogecoin has surged past a critical technical threshold at $0.241, fueled by whales acquiring over 2 billion DOGE—worth approximately $500 million—within days. This aggressive accumulation coincides with a rare Golden Cross formation between the 50-day and 200-day moving averages, a signal last observed five months ago during the bear market.

The memecoin's rebound has reignited interest among both technical traders and retail enthusiasts. Market participants now watch whether Doge can sustain momentum above $0.241, with the next resistance level looming at $0.273. Such concentrated buying pressure suggests institutional players may be positioning for a broader trend reversal.

DOGE Gains 5.6% as Whales Accumulate $200M Despite Selloff

Dogecoin surged 5.6% in a single session, buoyed by whale activity that saw over 1 billion DOGE—worth approximately $200 million—scooped up despite late-session profit-taking. The cryptocurrency peaked at $0.238 before settling NEAR $0.232, demonstrating resilience amid broader market uncertainty.

Key support levels emerged at $0.220 and $0.232, while $0.238 acted as a firm resistance ceiling. Blockchain data revealed aggressive accumulation by large holders, signaling institutional confidence in DOGE's medium-term prospects. This follows a pattern of whale buying preceding short-term rallies.

DOGE Price Prediction: Targeting $0.29 Breakout Within 2 Weeks as Bulls Eye Key Resistance

Dogecoin (DOGE) is gaining momentum as technical analysis points to a potential 16% upside, with a breakout target of $0.29. The meme coin has surged past the $0.25 pivot, drawing attention from analysts and traders alike.

Symmetrical triangle patterns and historical data suggest an imminent decisive move. Resistance at $0.26 remains critical, while support converges around $0.22. Analysts from CoinEdition and CaptainAltcoin align on bullish near-term prospects, with the latter projecting an 8.76% rise to $0.2471.

DOGE Surges 7% Amid $200M Whale Activity and $3B Futures Bets

Dogecoin rallied sharply over the past 24 hours, climbing more than 7% as whale accumulation topped $200 million and derivatives positioning surged. The memecoin broke through the $0.25 resistance level, with futures open interest eclipsing $3 billion—a clear signal of returning Leveraged speculation.

Large holders now control nearly 50% of DOGE's circulating supply, mirroring levels last seen during previous market peaks. Technical indicators suggest further upside toward $0.27, with the breakout from a bullish flag pattern gaining momentum during evening trading hours.

Trading volumes spiked to 29.2 million DOGE in a single minute during the breakout, far exceeding daily averages. The rally coincided with broader crypto market strength, as risk appetite improved alongside gains in equity markets.

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