Is Dogecoin ready to take off? Whale movements point to a breakout
Whale accumulation hints at a rise to $0.175
If this trend of whale accumulation continues and positive sentiment grows, DOGE could be poised for a breakout towards the $0.175 level. This movement would mark a significant reversal from its recent consolidation phase.
DOGE funding rate.
DOGE funding rate.
Source: Coinglass
A breakout above this key price barrier could open the door for a rally towards $0.206. However, if buying pressure collapses, the altcoin's price could fall back to test support at $0.148.