DOGE ( DOGE ) price prediction: Whale spends $500 million to buy 200 million coins, golden cross pattern triggers rise, target $0.273

DOGE (DOGE) has seen a significant rise this month, successfully breaking through key resistance levels. The driving force comes not only from the overall recovery of the Crypto Assets market, but especially from the strong buying behavior of on-chain Whales (holding 100 million - 1 billion DOGE). In the past week, these Whales have cumulatively increased their holdings by over 200 million DOGE (worth approximately $500 million), demonstrating strong bullish confidence. Coupled with the golden cross pattern of the 50-day and 200-day moving averages ending a five-month death cross, the technical indicators are sending strong long positions signals. If buying pressure continues, DOGE is expected to target the next level at $0.273.

[Whale Movement: $500 Million Buy Orders Establish Foundation for Rise]

(Santiment)

• Whale Buying Scale: On-chain data shows that in the past 7 days, whale addresses holding between 100 million and 1 billion DOGE collectively increased their holdings by 200 million DOGE, which is approximately $500 million at current prices. Such a scale of accumulation has been rare since 2025.
• Market Confidence Indicator: Such large on-chain accumulation is often seen as a "smart money" entry signal, indicating that the Whale has high recognition of the future potential of DOGE, providing solid support for the price.
• Trend Shift: The active actions of Whales are seen as a key turning point for market sentiment from bearish to bullish, and their subsequent movements will continue to affect the short-term trend of DOGE.

[Technical Breakthrough: Golden Cross Pattern Emerges, Ending Five-Month Bear Market]

• Key Golden Cross Formation: The 50-day Exponential Moving Average (EMA) of DOGE has successfully crossed above the 200-day EMA, forming a classic bullish technical pattern—Golden Cross (Golden Cross).
• Bear Market Ending Signal: This golden cross officially ends the bear market cycle dominated by the Death Cross (Death Cross) since March 2025 (lasting over 5 months), marking a shift in the medium to long-term trend from bearish to bullish.
• Technical Support: The appearance of the golden cross pattern strengthens the technical basis for the rise, indicating that if momentum is maintained, DOGE the potential for further rise may open up.

[Price Trend: Breakthrough resistance, aiming for $0.273]

(TradingView)

• Current Price Level: At the time of writing, DOGE is trading at $0.246, successfully breaking through the previous strong resistance level $0.241.
• Key Attack and Defense Points: It is necessary to convert $0.241 from resistance to a solid support level. If it can stay above this price level, there is hope to continue the rise.
• Upward Target: The next important resistance level is $0.273. The Whale continues to accumulate along with the golden cross pattern signal, which together form the driving force to hit this target.
• Potential Pullback Risk: If buying momentum is insufficient, the price may fluctuate within the $0.241 to $0.218 range. Falling below $0.218 will weaken short-term bullish expectations.

【Market Outlook: Continuation of Momentum is Key】

• Optimistic Scenario: Whale buying continues + golden cross pattern technical momentum is effective, DOGE is expected to break through the $0.273 resistance level, opening up greater pump potential.
• Cautious Scenario: If the upward momentum weakens, it may enter the $0.241-$0.218 range consolidation, and attention should be paid to the support strength at $0.241 and the subsequent actions of the Whale.
• Risk Warning: If it breaks below $0.218 and cannot recover quickly, it may trigger a deeper pullback, short-term bullish expectations will become invalid.

【Conclusion: Whales Dance with the Golden Cross Pattern, DOGE Enters a Critical Window Period】 The strong performance of DOGE in this round is a result of the whales' significant capital injection (an increase of $500 million in a week) resonating with key technical indicators (the confirmation of the golden cross pattern indicating a trend reversal). Successfully breaking through and stabilizing at the $0.241 level lays the foundation for targeting the $0.273 level. The movements of the whales' positions and the market's confidence in the golden cross signal will be the core observation points for whether DOGE can continue its rise in the coming days. Investors need to closely monitor on-chain large transaction data and the defensive situation of key support levels, seizing the rebound opportunity for Meme coins driven by "whales + technical breakthroughs." Relevant developments from Musk remain a potential additional catalyst.