Dogecoin (DOGE) Whales Go All In: 112% Price Surge Sparks Market Frenzy – What’s Their Next Move?
Whale activity in Dogecoin just hit a frenzy—big players are stacking DOGE like it’s going out of style, fueling a 112% price explosion. Are they betting on a meme-powered rally, or do they know something the retail crowd doesn’t?
The crypto market’s favorite joke coin is dead serious today. While analysts scratch their heads, whales are dumping truckloads of cash into DOGE. Classic crypto: where ‘fundamentals’ are optional, and FOMO is the real CEO.
One thing’s clear: when the suits start buying dog memes, either the apocalypse is near—or someone’s about to get very, very rich. Place your bets.
TLDR
- Dogecoin whale accumulation surged 112% over the past week, showing renewed investor confidence
- Futures traders maintain positive funding rates, betting on price increases despite modest gains
- DOGE broke above $0.16 resistance and is retesting a descending trendline from May-June
- Technical analysts identify three upside targets: $0.20333, $0.22899, and $0.25383
- A fractal pattern suggests DOGE may repeat its 2015-2017 bullish cycle structure
Dogecoin has captured the attention of major investors with whale accumulation jumping 112% over the past week. Large holders controlling more than 0.1% of DOGE’s circulating supply have increased their positions despite modest price gains.
The memecoin traded at $0.172 at press time, representing a 5% gain over 24 hours. This uptick comes as the cryptocurrency holds above the crucial $0.16 resistance level that previously constrained price action.
Data from IntoTheBlock shows the netflow from large holders reached 111.97% growth in the past week. This sharp reversal marks a renewed appetite for Doge among heavyweight investors. The accumulation pattern echoes trends seen during earlier phases in 2021 when institutional interest drove price movements.
Futures traders are showing similar Optimism through derivatives markets. Funding rates remain positive with DOGE’s OI-Weighted Funding Rate hovering near 0.0086%. The rate peaked around 0.01% on July 6th, indicating traders are betting on price increases.
While the spot price remains cautious, the derivatives market leans heavily toward upside expectations. This disconnect between spot and futures markets often precedes momentum shifts in cryptocurrency trading.
Technical Analysis Points to Key Resistance Levels
Market analyst Ledger Bull has identified three upside targets for Doge price movement. The first target sits at $0.20333, followed by $0.22899 and $0.25383. These levels represent potential reaction zones if bullish strength returns to the market.
The MOVE above $0.16 followed a prolonged downtrend that had constrained Dogecoin’s progress for weeks. The breakout received support from an initial surge in volume, followed by a consolidation phase.
Trader Tardigrade noted that Dogecoin is retesting a long-term descending trendline on the 4-hour chart. This trendline formed from lower highs between late May and mid-June. The line previously acted as a ceiling for every rally attempt.
#Dogecoin is now back testing a significant trendline 👀$DOGE/H4 pic.twitter.com/cEoDEe5lkC
— Trader Tardigrade (@TATrader_Alan) July 5, 2025
The retest zone sits around $0.158 to $0.162. A firm bounce at this level WOULD show the breakout holds and bulls are defending the new support. A higher low with increased volume on the resulting upward candle would confirm the downward trend has ended.
Historical Patterns Suggest Potential Rally
Analyst GalaxyBTC identified a longer-term repeating pattern that draws comparisons to Dogecoin’s structure from 2015 to 2017. During that period, the asset followed a three-wave accumulation pattern before launching into a major uptrend.
A similar sequence appears again on the weekly timeframe, supported by a rising trendline that remains intact. In the historical pattern, the third wave completed just before a major breakout. dogecoin now appears in a similar cycle with the third trend moving up.
The RSI currently sits at 51.04, slightly above neutral territory. This suggests mild bullish momentum but no clear trend dominance. The OBV has edged up to 46.3 billion, hinting at improving but cautious buying interest.
Recent green candles show price resilience, but DOGE still needs a decisive move above the $0.18 resistance zone to confirm a bullish breakout. Price action is slowly aligning with whale and derivatives optimism.
The second weekly touch of the long-term ascending trendline aligns with historical bullish reversals. Analysts expect a push toward $0.25 and potentially $1 if momentum continues, supported by rising trading volume.
