Dogecoin (DOGE) WHALS ACCUMIZES 1 BILLAND DOOG

Geopolitical tensions and developing trade policies continue to affect cryptocurrency markets where Dogecoin shows resilience in the midst of broader economic uncertainty.

Despite macroeconomic headwinds, Doge has maintained support over key moving average, while forming a potential bull flag pattern that can target $ 0.35 if it is validated by continued purchase pressure.

Technical analysis highlights

  • DOGE experienced considerable volatility at an interval of 4.3% (0.211-0,220) over the last 24 hours, which formed a key support zone of about 0.212 validated with high volume-bounds at. 13:00 and 22:00.
  • Price action reveals a bullish recovery pattern from 16:00 low, with resistance that occurs at 0.217-0,220.
  • 20:00 Candle’s strong volume wave over the 24-hour average confirms renewed purchase interest, which suggests potentially upward momentum if DOGE can maintain its position above the established support level.
  • In the last hour, DOGE has shown a significant bullish momentum, climbing from 0.215 to 0.216 with remarkable volume tips of 01:17, 01:21 and 01: 54-01: 55.
  • The award established a strong support zone around 0.215 in the early minutes, followed by a crucial breakout at. 01: 16-01: 17, where volume rose over 8 million.
  • The uptrend continued with higher low low down, forming a clearly rising pattern that culminated with a new resistance test of 0.216-0,217 range.
  • The last minutes saw particularly heavy trading activity with quantities over 7 million on 02: 01-02: 02, confirming strong buyer interest and suggesting the potential for further upward movement.

Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy. This article may include information from external sources listed below when appropriate.

External references

  • “Dogecoin Eyes $ 0.35 As Whale Cocumulation Signalizes Bull Flag Breakout”, Crypto Basic, published May 16, 2025.
  • “Dogecoin hovering $ 0.22 after weeks of winnings, analysts share mixed views”, NewsBTC, published May 17, 2025.

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