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Dogecoin Whales Make a Move—Will DOGE Skyrocket to $4.5?
Whale accumulation of over 120 million DOGE signals growing investor confidence, often preceding bullish price action.
Analysts predict a potential DOGE rally to $4.5 or higher, but market volatility and external factors remain key considerations.
Building on previous reports by Crypto News Flash (CNF) revealing that Dogecoin Whales Bet Big on 2025 with 300M DOGE Accumulation, recent on-chain data shows that Dogecoin (DOGE) whales have accumulated over 120 million DOGE in the past week, sparking discussions about a potential price surge for the popular meme coin. This significant accumulation suggests that large holders are positioning themselves for a possible rebound.
Historically, such whale activity has often preceded price rallies, as major investors tend to anticipate favorable market movements. This behavior is seen as a bullish signal, particularly during consolidation phases.
Market Sentiment and External Factors
Technical analysis indicates key support and resistance levels that could shape DOGE’s price action. The nearest support zone is identified at $0.1748, with an increase of 4.17% in the past day and 1.37% in the past week.
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Source: https://www.crypto-news-flash.com/dogecoin-whales-make-a-move-will-doge-skyrocket-to-4-5/?utm_source=rss&utm_medium=rss&utm_campaign=dogecoin-whales-make-a-move-will-doge-skyrocket-to-4-5
