#Doge
Strong bullish sentimts . . . Trade Doge now. ❤❤❤❤$DOGE
𝘿𝙤𝙜𝙚𝙘𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙎𝙚𝙩 𝙁𝙤𝙧 𝙉𝙚𝙭𝙩 𝙇𝙚𝙜 𝙐𝙥 𝘼𝙢𝙞𝙙 310𝙈 𝙒𝙝𝙖𝙡𝙚 𝘽𝙪𝙮𝙞𝙣𝙜 𝙎𝙥𝙧𝙚𝙚, 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙨 𝘼𝙣𝙖𝙡𝙮𝙨𝙩
Crypto expert Ali Martinez has predicted that the Dogecoin price could be set for its next leg up in this market cycle. This prediction comes after new data showed whales bought 350 million DOGE in just 24 hours.
This came after the expert highlighted that large Dogecoin holders snapped up around 310 million DOGE within 24 hours. This surge in whale accumulation came as the token approached a support level between $0.21 and $0.23, which has previously led to significant price rebounds.
Dogecoin also showed a bullish sign on its daily chart, known as a Golden Cross. This occurs when the 50-day moving average rises above the 200-day moving average. The Relative Strength Index (RSI), on the other hand, is currently at 50.6, suggesting that price increases may still occur before overbought conditions are reached.
Exchange data also shows Dogecoin reserves shrinking as coins move into cold storage. Over 72.6 billion DOGE are currently held by billion-token wallets, the most since May 2025. Strong upward movements, like Dogecoin’s 32% rally earlier in the month, have historically been preceded by such accumulation patterns.
Notably, CoinGlass data indicates that options volume increased by more than 350%, while trading volume increased by almost 14% to $6.9 billion. The slight rise in open interest in the futures and options markets is indicative of growing trader confidence in the Dogecoin price.
The potential for a DOGE ETF is a significant sentiment driver that goes beyond technicals and whale activity. Prediction platform Polymarket currently shows 75% odds that a DOGE ETF could be approved by December 2025.