Whales Accumulate 200 Million $DOGE As Dogecoin Heads Towards $0.8 In The 2025 Cycle

Dogecoin is on the verge of a significant bullish trend, with analysts predicting a breakout that could push the price up to $0.80. Currently trading at $0.19, according to CoinMarketCap, the top meme coin has increased by 4% in the past 24 hours, indicating growing interest from investors. TradingShot Analyst's Bullish Prediction The famous cryptocurrency analyst TradingShot emphasized in a TradingView post that DOGE has broken through the Lower Highs trend line, which was formed on January 18. The analyst's chart shows that DOGE is heading towards a new all-time high (ATH) of $0.8, driven by an upward movement in the 1-year "bullish channel" pattern. TradingShot also emphasized that the 1-day moving average (MA50) of Dogecoin at $0.3 remains a natural resistance level. However, with the 1-day Relative Strength Index (RSI) trending upwards and DOGE recovering from recent lows, the analyst asserts that a new bullish phase has begun. Whales Accumulate Over 200 Million $DOGE Whale activity is further boosting the bullish sentiment for Dogecoin. According to cryptocurrency analyst Ali Martinez, large DOGE holders have accumulated over 200 million in the past two weeks. This accumulation trend often precedes bullish runs, signaling strong confidence in the future performance of this meme coin. Cycle 3 Prediction: Can DOGE Reach $1? Cryptocurrency analyst Trader Tardigrade notes that DOGE is completing the final stage of its third price cycle. Based on historical patterns, the analyst predicts that the price is likely to skyrocket to $6 in the next phase. In addition, the Moving Average Convergence Divergence (MACD) indicator of DOGE is breaking out of the consolidation triangle, which often triggers explosive bullish moves. Another notable analyst, Master Kenobi, has predicted that Dogecoin could reach $1.1 by June, thanks to the parabolic growth during bullish cycles.