Whale wallets accumulated 310 million DOGE in 24 hours, despite a 4.7% weekly price decline.
DOGE is trading at $0.2247, with key support at $0.2112 and indicators showing neutral momentum (RSI at 59.25).
MACD and whale transactions align with repeated price action near strong liquidity zones, reflecting structured market behavior.
Dogecoin has seen significant whale accumulation in the past 24 hours. On-chain data shows that large holders purchased 310 million DOGE despite a 4.7% price decline over the past week.
At press time, the token was traded at $0.2225, while its key support level remained at $0.2112. This level has repeatedly served as a stabilizing zone for the asset. Market activity now focuses on whether this support can sustain recent sell-offs and drive further liquidity.
DOGE Trading Range Holds Steady as Indicators Show Neutral Momentum
DOGE's 24-hour high is at approximately $0.2249, which places it slightly above the constructed support. The trading range is a signal of ongoing attempts to normalize short-term price action. The Relative Strength Index (RSI) stands at 53.69, which shows the market in a neutral position.
Source: TradingView
The Moving Average Convergence Divergence (MACD) line also reads 103.89M, with the signal line close at 96.71M. The proximity of these lines shows contained momentum that is closely being monitored by traders.
Notably, DOGE’s market capitalization currently measures $33.77 billion. This figure aligns with the broader movement in trading volume and supports the recent activity observed in whale transactions. These purchases coincide with prior price behavior, which displayed a gradual shift near critical levels before a notable reaction.
Whale Accumulation Concentrates Around Key DOGE Support Level
The recent acquisition of 310 million DOGE by large holders corresponds with activity near the $0.2112 support level. This zone has been tested several times in recent months, reinforcing its importance. Whale transactions often align with areas of strong liquidity, and this case appears consistent with that trend.
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Moreover, DOGE’s price structure has displayed consistent interaction between support and resistance levels. The asset’s prior movement around $0.2249 highlights the same dynamics now being observed. Analysts note that this recurring pattern has developed in tandem with whale behavior, adding context to the recent market positioning.
Indicators and Whale Activity Shape DOGE’s Range
RSI, MACD, and market capitalization collectively outline DOGE’s current state. Each metric aligns with price activity centered around the $0.2247 level. While the token has remained within its range, these indicators offer clear reference points for evaluating its near-term strength.
Furthermore, whale transactions totaling 310 million DOGE reinforce this structured environment. With price action resting near a tested support area, the market continues to reflect coordinated trading flows tied to major holders.
