DOGE Price Spike: What Happened After the Whale’s Big Buy?

Updated

December 5, 2025

Gambar DOGE Price Spike: What Happened After the Whale’s Big Buy?

Jakarta, Pintu News – Dogecoin is now in the spotlight after massive accumulation by whales and improved on-chain signals. The market is now wondering if the DOGE price can continue its recent rebound.

Chart analysis shows a significant trend shift, and growing on-chain strength. Buyers seem to be preparing the framework for a breakout that could support further gains.

Dogecoin’s Strong Position Above the Falling Wedge Pattern

Currently, Dogecoin price is at $0.147, with buyers continuing to protect the breakout area. DOGE price is now rising from the falling wedge pattern and retesting the upper boundary with steady commitment. This retest reinforces the structure around $0.145 which is a strong support base for buyers.

The formation of higher lows also indicates price action confirming increased strength in the short term. A price break above $0.155 will open up space up to $0.181, as the chart shows smooth flow. An extension to $0.20 could be achieved when buyers overpower mid-range resistance. This move would represent a 37% upside from the support zone.

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MACD Indicator Shows Rise in Confidence

The MACD indicator continues to rise and displays more green bars in each session. The MACD line is above the signal line, maintaining a clear uptrend. These readings confirm increased confidence as DOGE prices approach stronger breakout conditions.

Moreover, these signals are in line with constructive formations that often precede broader expansions. The Dogecoin price is now forming a better base as several indicators are moving in a positive direction. This corresponds with the long-term Dogecoin price forecast, which favors increased risk appetite.

Whale’s Massive Purchases Boost Trust

Sentiment improved after the whales added 480 million DOGE within 48 hours. Actions like this create a high demand floor as large holders rarely accumulate positions when the market is weak.

Buyers are now showing clear interest as the DOGE price reacted positively near key support. This inflow is usually followed by a period of expansion when the chart shows a breakout pattern. This wedge retest is consistent with increased accumulation, forming a consistent confirmation signal.

Conclusion

Overall, the Dogecoin price is currently in a positive trend with strong support from buyers in the wedge breakout area. Accumulation by whales reinforces this structure and goes hand in hand with increased network activity. As such, the price of DOGE is entering a favorable setup with a clear upper level. A move above $0.155 could open the way towards $0.181 and eventually $0.20.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

FAQ

Q1: What is Dogecoin (DOGE)?

A1: Dogecoin (DOGE) is a cryptocurrency that was originally created as a joke but has evolved into a digital currency with wide usage.

Q2: Why is the Dogecoin price increasing?

A2: Dogecoin price increased due to heavy accumulation by whales and improved on-chain signals, indicating high market confidence.

Q3: What is a falling wedge pattern in the context of Dogecoin?

A3: A falling wedge pattern is a chart pattern that indicates a possible trend reversal from bearish to bullish, which is seen in Dogecoin’s current price movement.

Q4: What is Dogecoin’s price target after the breakout?

A4: After the breakout, Dogecoin’s price target is $0.155, followed by $0.181, and potentially reaching $0.20 if the buyer momentum continues.

Q5: How does the MACD indicator affect Dogecoin price analysis?

A5: The MACD indicator shows a clear uptrend for Dogecoin, with the MACD line above the signal line, signaling increased confidence and potential for further price increases.