Dogecoin (DOGE) Jumps 15%, Is the Next 20% Increase Coming?

Jakarta, Pintu News – Dogecoin (DOGE) is back in the spotlight after experiencing a sharp rise from support, rising around 15% to around $0.25-$0.26. This rise coincided with massive accumulation by whales, who bought more than 30 million DOGE in 24 hours, as well as outflows from exchanges totaling more than $25 million, signaling the coin’s move to cold storage.

Whale in Action, Exchange Balance Declines

On-chain data shows an encouraging picture. Large holders have added over 30 million DOGE as spot demand picked up again, while net outflows from exchanges showed a decline in selling inventory.

This tightening of supply, along with increased participation from short- and long-term holders, supports the idea that conviction is building under the price. Meanwhile, the Spent Coin Age Band shows a sharp decline, implying fewer dormant coins are being moved, despite rising prices, often a hallmark of early uptrends.

Also Read: 5 Ways to Check Crypto Wallet: Monitor Assets & On-Chain Activity in Real-Time

Key Levels to Watch

Technically, DOGE is gathering below the 0.618 Fibonacci retracement near $0.2626, a level characterized by analysts such as The Great Mattsby as a direct “door” to momentum. The resistance range stretches from $0.26 to $0.28, reinforced by the weekly Ichimoku cloud edge and the 50-week MA, creating a high confluence ceiling.

A daily/weekly close above $0.2626-$0.275 will reverse some trend filters and validate a push towards $0.30, with $0.32-$0.34 as the next logical zone. Above there, historical Fibonacci checkpoints at $0.33-$0.35 and $0.41 come into play. On the downside, $0.24-$0.25 remains the primary support, followed by $0.23 and $0.22. Missing $0.24 will undermine the short-term structure and risk a deeper pullback to the mid $0.20s.

On-Chain and Technicals Hint at a 20% Rupture

Price recently broke the descending channel, then cleanly tested the upper boundary as support-a classic reversal behavior. Momentum gauges support this move, as +DI is above -DI with a rising ADX, MACD has turned positive, and DOGE continues to follow the rising channel that has guided the lows higher since summer.

Some analysts also note an upside megaphone on the higher timeframes, where a sustained close above the upper rail could accelerate towards $0.70 in this cycle. With whale buying, depletion of stock exchange supply, and prices compressed below the high confluence ceiling, DOGE has the ingredients to break 20%, provided it can secure a firm close above $0.2626-$0.275. Until then, expect range trading to continue between $0.24-$0.28 as the market builds energy for the next move.

Conclusion

With all indicators pointing to potential upside, market participants and investors may see an interesting period for Dogecoin (DOGE) in the near future. This latest price increase may just be the beginning of what could be a larger uptrend.

Also Read: 5 Coin Memes Predicted to Explode After Bitcoin Breaks $125,000

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Reference

• NewsBTC. Dogecoin (DOGE) Soars 15% as Whales Buy 30 Million Tokens, Is a 20% Breakout Next? Accessed on October 8, 2025