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DOGE Price Outlook: Crypto Whales Massively Buy Dogecoin

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Dogecoin might be waking up again. After weeks of slow movement and fading sentiment, the DOGE price is suddenly showing signs of life, and it’s happening at the exact moment when some of the biggest wallets in the ecosystem started loading up

The combination of whale activity and a clean technical breakout is now giving traders something to pay attention to.

Whales Quietly Scooped Up 4.72 Billion DOGE

One of the biggest signals came from analyst Ali Martinez, who highlighted that whales bought 4.72 billion DOGE in the past two weeks

The on-chain chart shows a sharp rise in holdings from wallets holding between one hundred million and one billion DOGE. What stands out is the timing. Accumulation picked up right as the Dogecoin price dipped into the USD 0.17 support area.

Source: X/@ali_charts

Whales don’t usually chase noise or gamble on random dips. They tend to build positions when they see value or when they expect momentum to shift

Seeing nearly five billion DOGE added during a market pullback makes this accumulation unusually meaningful.

RSI Breaks Out Just as DOGE Price Revisits a Key Support Zone

On the technical side, Trader Tardigrade pointed out something that looks almost identical to a past Dogecoin reversal. The DOGE price returned to a familiar support range, and at the same time, the daily RSI broke out of a downward trendline.

That same RSI pattern last appeared right before a strong rally earlier this year. The structure matches perfectly: a dip into support, falling RSI, the breakout, and then the price reaction

Source: X/@TATrader_Alan

Now we’re seeing the same setup again. That doesn’t guarantee the same outcome, but it does show momentum is shifting for the first time in weeks.

Read Also: Dogecoin Price Signals Its Biggest Move Yet

Is This the Start of a New DOGE Move?

When whale accumulation lines up with a technical breakout, the market usually shows interest. DOGE now has both of those signals pointing in the same direction

The DOGE price is sitting on well-tested support. Whales have stepped in at scale. RSI has turned up with conviction.

It feels like Dogecoin is quietly building energy again. If buyers keep defending this zone and momentum keeps improving, DOGE may finally be setting the stage for a move higher, and this time, the signals look much stronger than just social media hype.

The post DOGE Price Outlook: Crypto Whales Massively Buy Dogecoin appeared first on CaptainAltcoin.

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