The Dogecoin market is heating up once again! 🚀 A major player — a so-called whale — just transferred 478 million DOGE, worth nearly $73 million, triggering fresh speculation about an imminent market move. This development aligns with bold predictions from well-known crypto analyst Master Kenobi, who says a Dogecoin breakout could happen within hours.
🐋 Whales Are on the Move – And They're Not Alone
According to data from Whale Alert, the massive transaction came from one anonymous wallet to another, typically a signal of accumulation rather than liquidation. And it’s not just one player: analyst Ali Martinez reports that whales have collectively scooped up more than 800 million DOGE over the past 48 hours.
This aggressive accumulation suggests that big investors are anticipating a major price move.
📊 Kenobi: “Most Significant DOGE Event of the Year”
Master Kenobi shared a technical chart showing DOGE inside a bullish rectangle, a pattern that often leads to a sharp breakout. If DOGE manages to break past a descending trendline, it could soar as high as $0.80!
Kenobi believes this price peak could occur between late May and early June, aligning with rallies expected in BNB and other major altcoins.
📈 Martinez Confirms Bullish Scenario
Ali Martinez predicts that DOGE could soon hit $0.29, provided it holds key support at $0.13 and breaks resistance at $0.17.
🐶 Tardigrade: Triangle Pattern Builds Up Pressure
Crypto analyst Trader Tardigrade chimed in with his own bullish outlook. According to him, DOGE has broken out of a falling wedge on the 1-hour chart — a classic bullish pattern. He also notes that the RSI indicator has rebounded from oversold levels, signaling renewed strength.
Tardigrade also highlighted a symmetrical triangle forming, with consolidation building pressure for a potentially explosive move. Like Kenobi, he sees a path to $0.80 if the breakout occurs.
If these predictions play out, we could be looking at one of the most significant DOGE rallies in over a year. Will it break key levels and rocket up, or will market pressure hold it back?
#DOGE , #memecoin , #Dogecoin , #CryptoWhales , #crypto
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