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- Big Dogecoin whales sold $700M while mid-tier whales accumulated 4.7B DOGE.
- DOGE must reclaim $0.21 to target $0.25; otherwise, a drop toward $0.17 is possible.
- Technical signals hint at a potential bullish reversal if support holds.
Dogecoin (DOGE) is navigating a turbulent stretch in the market, trading below the $0.20 threshold despite a mild 24-hour uptick. Rising volume suggests renewed interest, but diverging whale behavior and fragile technical conditions have left traders unsure of where the next major move will unfold.
Dogecoin’s Getting Interesting Again!$DOGE just dipped below $0.172, with weak momentum and resistance at $0.182–$0.199… looks bearish, right?
— BeLaunch (@BeLaunch_) November 13, 2025
But under the surface:
Mid-tier whales (100M–1B DOGE) have quietly added 5B DOGE since late Oct — while big whales sold $700M!… pic.twitter.com/gOzPUMgJtv
Whale Activity Splits, Fueling Uncertainty
Recent on-chain data highlights a clear divide among Dogecoin’s largest holders. Major whales—wallets holding over 1 billion DOGE—have offloaded substantial amounts over the past two weeks, erasing roughly $700 million from the meme coin’s market valuation. Their cautious stance underscores lingering uncertainty despite increasing liquidity and elevated trading activity.
In contrast, mid-tier whales are moving in the opposite direction. Wallets containing between 100 million and 1 billion DOGE accumulated nearly 4.72 billion tokens, showing strong conviction at current price levels. This accumulation trend signals that smaller institutional holders view the recent dip as a strategic opportunity, even as the larger whales retreat.
Key Price Levels Shape Short-Term Outlook
DOGE’s immediate recovery hinges on a push toward the $0.21 resistance level. Analysts note that a successful breakout could open the door to $0.25 and potentially extend the current relief rally. However, failing to reclaim $0.21 may expose the price to deeper retracements toward the $0.17–$0.165 support range.
Liquidity pockets between $0.175 and $0.185 remain crucial. Recent upward moves were driven by short liquidations, suggesting that additional squeezes could ignite further upside momentum if buyers regain control.
Technical Setups Indicate Potential for a Bounce
Some analysts, including Javon Marks, argue that Dogecoin’s long-term structure remains intact. Higher-lows formation and a strengthening RSI divergence point toward a possible bullish reversal, similar to historic setups that preceded explosive upward moves. Marks notes that maintaining structural support could position DOGE for a future rally toward its all-time high of $0.73—a potential 430% climb from current levels.
Also Read: Dogecoin Price Could Soar 63% by December 2026 — Is $0.29 Within Reach?
Still, the Bull Bear Power indicator reflects a fragile market where buyers are attempting to regain ground but lack dominant strength. A breakdown of current support could trigger another wave of selling, making mid-tier whale accumulation an important bullish counterweight.
Dogecoin remains at a pivotal juncture. Rising participation and mid-tier whale buying offer optimism, but significant sell-offs from major holders keep the outlook mixed. Whether DOGE breaks above $0.21 or slips into deeper support zones will likely determine the next major market trend.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
