🚨A surge is imminent! Dogecoin is poised to break through $0.30, with a whale transferring 150 million igniting market speculation!
Dogecoin is quietly emerging from a key technical formation, with market momentum steadily accumulating. The current price remains firmly above the rising trend line since October 2024, having repeatedly bounced back to confirm it as solid support. Recently, the price has oscillated within the range of $0.16 to $0.18, approaching the critical 0.5 Fibonacci level, as the market enters a crucial decision-making moment.
If the current support holds, the next wave of growth is expected to target $0.213 or even the historic strong resistance at $0.30. Some technical analysts point out that Dogecoin has completed a 'diamond bottom' breakout, which is a typical reversal signal and has historically indicated the start of significant market movements.
Large on-chain transfers have sparked heated discussions again—a transfer of over 800 million coins valued at nearly $150 million instantly igniting market sentiment. Although the intent of the transfer is unclear, whether it's for internal reallocation or a whale entering the market, such large movements often signal unusual reversal patterns.
Meanwhile, trading volume has surged, RSI divergence is evident, and the rapid increase in holding funds has collectively released a strong bullish signal. Market confidence is warming up, and many analysts are beginning to raise their target prices, believing that $0.24 and $0.30 will be key battlegrounds in the next bull market for Dogecoin.
Can Dogecoin recreate the 'miracle coin' phenomenon? Whale movements + technical breakout may be brewing an epic rebound!