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Altcoins & DeFi

DOGE Price Eyes Bullish Reversal as Whale Activity Signals Momentum

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Dogecoin is attracting market attention as reported whale accumulation coincides with a potential bullish reversal pattern on its daily chart. According to DogeGod, large holders purchased another 600 million DOGE worth approximately $48 million over the past 48 hours. Meanwhile, crypto analyst Trader Tardigrade identified similarities between the current DOGE price action and a previous breakout that preceded a rally. The analyst believes DOGE could repeat that move, with $0.1160 emerging as a potential upside target if the breakout holds. According to DogeGod, Dogecoin whales purchased 600 million DOGE over a 48-hour period, representing approximately $48 million at the reported valuation. The accumulation has drawn attention to large-holder activity as traders assess whether demand could support a broader price recovery.

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