The post Dogecoin Nears Historical Accumulation Zone Around $0.2375 Amid Rising Whale Activity and Volume appeared on BitcoinEthereumNews.com.

Dogecoin is currently trading near $0.2375, re-entering a historical accumulation zone marked by increased whale activity and volume, suggesting a potential breakout above $0.28. Long-term ascending channel support from 2014 remains intact, guiding positive price structure. Analysts highlight a possible breakout at $0.28, supported by rising whale wallet activity and trading volume. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Dogecoin revisits key support near $0.2375 with rising whale activity, signaling a potential breakout. Stay updated on DOGE’s market trends with COINOTAG. The cryptocurrency maintains support from a decade-long ascending channel, reinforcing bullish market structure. COINOTAG analysts observe increasing whale activity and volume surges, indicating a possible breakout above $0.28 in the near term. Dogecoin’s price nears $0.2375, supported by strong whale activity and volume, hinting at a breakout. Follow COINOTAG for expert crypto market insights. What Is Driving Dogecoin’s Price Structure and Historical Patterns? Dogecoin’s price structure is shaped by a long-term ascending channel established since 2014, with accumulation zones between $0.015 and $0.23 historically triggering significant rallies. The 2021 surge of over 13,000% followed consolidation within this range, highlighting its importance. Recent price action shows DOGE bouncing off this channel’s lower trendline, confirming sustained support. How Has Dogecoin’s Historical Accumulation Zone Influenced Market Behavior? The accumulation zone near $0.2375 has consistently acted as a strong support level, evidenced by multiple rebounds and buying pressure. In 2023,…

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Filed under: News - @ July 26, 2025 8:16 pm