Dogecoin is gaining notable bullish momentum as a fresh wave of whale accumulation and improving on-chain indicators support its recent rebound. The meme-coin is consolidating above key technical levels, raising expectations that DOGE could extend its upward move if buyers maintain pressure.
At the time of writing, Dogecoin trades around $0.147, holding firmly above the breakout region formed by a previously declining falling-wedge pattern. Buyers successfully defended the retest of the upper boundary near $0.145, establishing a strong support base. This price behavior, reinforced by a series of higher lows, indicates strengthening short-term sentiment. If DOGE breaks above $0.155, the chart shows room for a move toward $0.181, with a potential extension to $0.20, representing a roughly 37% climb from current support.
Momentum is also improving, with the MACD indicator printing expanding green bars and the MACD line staying above the signal line—clear signs of growing bullish confidence. These technical signals align with a constructive setup that often precedes broader price expansions, supporting long-term forecasts that anticipate rising risk appetite in the Dogecoin market.
Whale participation has further boosted optimism. In just 48 hours, large holders accumulated roughly 480 million DOGE, signaling conviction and adding a strong demand floor. Whale accumulation commonly precedes larger market moves, and this surge aligns with the ongoing breakout structure. If buying pressure continues, DOGE could convincingly test $0.155, then $0.181, before attempting a push toward $0.20.
Network activity also supports the bullish case. Active addresses recently surged to 71,589, the highest level since September. Rising participation typically strengthens liquidity and enhances price stability, especially near key support zones. When combined with whale inflows and technical strength, this uptick forms a solid foundation for continuation.
Overall, Dogecoin enters a favorable phase with improving chart structure, growing network activity, and strong accumulation backing the trend. A sustained move above $0.155 could pave the way for further gains toward $0.181 and potentially $0.20.
Comment 0