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DOGE: Whale Accumulation and ETF Optimism Signal Potential Rebound

DOGE: Whale Accumulation and ETF Optimism Signal Potential Rebound

Author:
DOGE News
Published:
2025-10-01 08:09:14
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[TRADE_PLUGIN]DOGEUSDT,DOGEUSDT[/TRADE_PLUGIN]

As of October 1, 2025, Dogecoin (DOGE) demonstrates remarkable resilience by holding firm within the crucial $0.20–$0.22 support zone despite experiencing an 18% weekly decline. This stability amid market turbulence is particularly noteworthy given the substantial whale activity observed recently. Over a 48-hour period, institutional investors accumulated approximately $2 billion worth of DOGE, signaling growing confidence in the cryptocurrency's prospects. Additionally, the withdrawal of 122 million DOGE from Binance suggests that sophisticated investors are positioning themselves for a potential upward movement. The optimism surrounding Dogecoin is further bolstered by the listing of 21Shares' Dogecoin ETF, which could potentially attract more institutional capital and mainstream adoption. The combination of strong support levels, significant whale accumulation, and ETF developments creates a compelling case for DOGE's potential rebound. While the cryptocurrency market remains volatile, these factors indicate that Dogecoin may be poised for recovery, with the current support zone serving as a foundation for future growth. The sustained trading activity despite recent price declines suggests ongoing interest and potential for price appreciation as market conditions improve.

Dogecoin Holds Key Support Amid Whale Accumulation, Eyes Rebound on ETF Optimism

Dogecoin (DOGE) has stabilized within the $0.20–$0.22 support zone following an 18% weekly decline, with trading activity remaining robust despite market turbulence. Whale accumulation of $2 billion in Doge over 48 hours signals growing institutional confidence, while a 122 million DOGE withdrawal from Binance hints at smart money positioning for a potential rally.

The listing of 21Shares' Dogecoin ETF on the DTCC platform marks a milestone for institutional adoption, providing traditional investors with regulated exposure to the meme coin. Market watchers now eye the $0.29 resistance level, with the $0.22 support acting as a critical pivot point for DOGE's near-term trajectory.

Dogecoin Whales Dump 40 Million DOGE Amid Key Support Test

Dogecoin faces intensified selling pressure as large holders offloaded approximately 40 million DOGE within 24 hours, according to market analyst Ali. The meme cryptocurrency now tests crucial support between $0.216-$0.209, with technical indicators suggesting near-term weakness.

The sell-off pushed DOGE below its 20-day moving average at $0.256, with current trading around $0.230. Momentum indicators paint a bearish picture—the RSI slipped to 43, MACD turned negative, and the Chaikin Oscillator shows -12.6 million in outflows. Short-term charts suggest potential retreat to $0.225-$0.218 before any recovery attempt.

Despite immediate headwinds, the weekly structure remains intact. Holding above $0.209 could keep DOGE's path toward $0.30 open, though whales' distribution patterns warrant monitoring for sustained downside risk.

Dogecoin (DOGE) Holds Key Support Amid Market Turbulence, Analysts Eye 800% Rally Potential

Dogecoin's price volatility has drawn sharp focus as it tests critical support levels. The meme cryptocurrency currently trades NEAR $0.222 after a 22% weekly decline, yet maintains nearly 70% downside from its $0.73 all-time high. Technical analysts highlight the $0.14 ascending trendline as a make-or-break level—historically serving as both springboard and tripwire for DOGE's explosive rallies.

Market observers draw parallels to September-November 2021 when DOGE staged 300%-500% advances. The current consolidation below $0.23 appears to be forming a base, with Bitcoinsensus analysts noting the asset's tendency for violent upside reversals. While breakdown risks persist below $0.14, the symmetrical positioning suggests asymmetric upside potential should support hold.

DOGE Price Hovers Near Critical Support as Technical Indicators Flash Mixed Signals

Dogecoin's price action remains subdued at $0.23, with technical indicators painting a conflicted picture for the meme coin. Trading volume on Binance spot reached $117 million, reflecting moderate interest despite the absence of fresh catalysts.

The RSI at 42.92 suggests neutral conditions, while the MACD's -0.0017 reading hints at building bearish momentum. Market participants appear focused on chart patterns rather than fundamental developments, leaving DOGE vulnerable to technical-driven moves.

Dogecoin Faces Selling Pressure as Whales Offload Millions of Tokens

Dogecoin's price trajectory hangs in the balance as significant whale activity disrupts market stability. Analysts identify $0.20 as the critical threshold determining whether the meme coin recovers or extends its decline.

Recent data reveals whales dumped approximately 40 million DOGE within 24 hours, triggering a retreat from September's $0.30 peak. The coin now hovers near $0.22 after breaching the $0.24 support level—a MOVE underscoring large holders' influence on short-term momentum.

Market participants watch the $0.20 zone with particular interest. Blockchain metrics show over 12.7 billion DOGE (8.46% of circulating supply) accumulated at this price point. Sustained defense of this level could pave the way for a rebound toward $0.24-$0.27 resistance. Conversely, failure may spark cascading liquidations toward lower support tiers.

Dogecoin Struggles to Hold Key Support Amid Whale Sell-Offs

Dogecoin faces mounting pressure as it battles to maintain the $0.24 support level, with analysts warning of a potential drop to $0.19 if the current level fails to hold. The meme cryptocurrency has seen heightened volatility following large-scale sell-offs by whales, with roughly 40 million DOGE dumped in the past 24 hours alone.

Trading activity remains robust despite the downturn, with a 24-hour volume of $2.74 billion underscoring persistent market interest. At press time, DOGE trades at $0.2287, reflecting a 1.98% decline. Market participants are closely monitoring the $0.19 threshold as a critical safety net should bearish momentum persist.

The whale activity, highlighted by prominent analyst Ali Martinez, suggests shifting sentiment among large holders. This development comes as Dogecoin's market capitalization hovers at $34.54 billion, maintaining its position among top cryptocurrencies despite recent challenges.

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