Dogecoin Surges 10% as Whales Accumulate and Technical Breakout Confirmed
2025-07-11 07:02:27
Main Idea
Dogecoin (DOGE) surged 10% due to significant whale accumulation and a confirmed technical breakout, indicating a bullish trend.
Key Points
1. Approximately 1.14 billion DOGE (around $227 million) was acquired by whales during the rally, with 800 million DOGE added since May.
2. Dogecoin surpassed the key $0.188 resistance level, confirming a technical breakout.
3. DOGE traded above its 100-hour simple moving average, reinforcing the bullish momentum.
4. The broader cryptocurrency market's positive sentiment contributed to Dogecoin's gains.
Description
Dogecoin (DOGE) has experienced a significant upturn, recording a 10% surge in the past 24 hours and decisively breaking above crucial resistance levels. This impressive rally is largely attributed to a combination of massive accumulation by large-scale investors, often referred to as “whales,” and a confirming technical breakout on its price chart, signaling renewed bullish … Continue reading "Dogecoin Surges 10% as Whales Accumulate and Technical Breakout Confirmed" The post Dogecoin Surges 10...
Latest News
- Ryan Sean Adams Proclaims Ethereum as the Next World Reserve Asset2025-07-12 12:23:43
- Crypto Whales Quietly Accumulate Altcoins Off Binance, Signaling Potential Rally2025-07-12 11:33:15
- Shiba Inu Sees Over 1 Billion SHIB Burned in a Week, But Nuance is Key2025-07-12 09:29:22
- XRP Price Jumps 26% on Whale Accumulation & Short Squeeze2025-07-12 07:05:45
- Robert Kiyosaki Buys Bitcoin at $110K, Aims for More on Dips2025-07-12 06:18:10