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After a lowering start until April, the main piece of memes, Dogecoin (Doge), recorded a new series of whales accumulation in the middle of bullish predictions. Currently exchanging around $ 0.16, DOGE has a market capitalization of $ 23.7 billion.
The data on the chain shared by popular analyst Ali Martinez reveals that whales have increased more than 800 million DOGE, worth around $ 128 million in the last two days.
Whales bought more than 800 million #Dogecoin $ DOGE In the last 48 hours! pic.twitter.com/swqv3ryevt
– Ali (@ali_charts) April 15, 2025
This aggressive purchase activity comes while several analysts recently referred to an imminent break.
Your Trader Alan recently explained to its 72,000 x subscribers that Doge reflects similar models on MacD and RSI, as seen in the final stages of its previous withdrawals. He believes that the same piece is ready for a strong increase in “soon”.
#Dogecoin Final step in withdrawal 🔥$ DOGE shows the same characteristics on the MacD and RSI as in the last stage of previous withdrawals.
As he approaches the end of this decline, $ DOGE is set to pump soon 🚀 pic.twitter.com/ls23cmx0nr– Trader Tardigrade (@tatrader_alan) April 15, 2025
According to data from the quince chain, the weighted funding rate by Doge Open interest has just started checking up. This suggests that a certain optimism is among the merchants with leverage.
Weighted financing rate according to OI | Source: Coringlass
However, the open interest itself has remained mainly flat since the beginning of February, indicating that traders still hesitate to engage in large directional bets.
On the Daily Doge prices, the MacD is looking at the lowering right now, the signal line still hovering above the MacD line. However, analysts maintain that a bullish crossing, if he was supported by volume, could quickly return the story in favor of the bulls.
DOGE DAILY price that | Source: Commercial view
Meanwhile, the RSI is currently at 45 years old, indicating a slight down pressure without occurring in the territory. A new drop in RSI could open the door to more losses, while a movement up can trigger a recovery gathering.
DOGE DAILY price that | Source: Commercial view
The Bollinger bands widen, a signal of increased volatility. The price approaches the intermediary band (20 -day SMA) at $ 0.16. If the part holds this level, it could see a short -term rally in the upper strip (approximately $ 0.18925).
An escape above the upper strip could send the part to new local peaks. On the other hand, the lower strip is approximately $ 0.148, and the non-compliance with this level could trigger deeper withdrawals.
On April 13, the popular chartist Javon Marks suggested that Doge aligned himself with a historic model which had previously led to a rally of several hundred percent.
$ DOGE (Dogecoin) You are looking for ready to organize another magic upward performance to new heights of all time!
This can lead to a step at least + 200% to + 330% above $ 0.73 ⤴️… pic.twitter.com/tcrctpzrgq
– Javon⚡️Marks (@ javontm1) April 13, 2025
On the bihebdomedary graph, it predicts a potential increase of at least 200 to 330% which could push Doge beyond its summit of $ 0.73.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
post url: https://altcoin.observer/dogecoin-whales-accumulate-more-than-128-million-upward-predictions-emerge/
