Dogecoin Price Rebounds 15% From Buy Zone as Whales Add 30M DOGE – Can Bulls Push Beyond $0.30?

The Dogecoin price has recently shown renewed strength after a sustained period of consolidation. The meme-inspired token is once again drawing attention following increased whale accumulation and large exchange outflows. These combined factors have revived optimism that the current DOGE price structure could sustain an upward trajectory.

Dogecoin Price Action: Breakout Retest and Upside Projection

The current Dogecoin market price trades at around $0.26 after successfully breaking out of a descending channel and retesting its upper boundary. This move validated a bullish reversal pattern, supported by a strong rebound from a previously identified buying zone earlier predicted by CoinGape. 

DOGE price has already delivered a 15% gain from that entry range, confirming active participation from both retail and institutional buyers.

Notably, the price continues to hold above the $0.2500 support area, a key level that could define the next directional move. Maintaining this threshold is crucial for extending the uptrend toward the $0.30 region, where the next major resistance awaits. 

Moreover, the DMI indicator currently signals strong buyer control, with the +DI line trending above the –DI and a rising ADX suggesting a robust bullish structure.  

Altogether, these conditions reinforce a market bias that favors continued appreciation in the DOGE price if the structure remains intact. Ultimately, this shapes a promising long-term Dogecoin price prediction for sustained growth beyond short-term resistance levels.

Whales Accumulate DOGE as Exchange Outflows Deepen

The on-chain data reveals that more than 30 million DOGE were accumulated by large holders within the last 24 hours, signaling confidence from deep-pocketed investors. This whale activity often precedes sharp price advances, reflecting expectations for further appreciation. 

Meanwhile, CoinGlass analytics show net outflows exceeding $25 million at press time, indicating reduced selling pressure and growing accumulation across private wallets. This steady decline in exchange reserves often translates to tighter supply and potentially higher prices as demand remains active. 

When combined with the technical breakout and positive DMI signals, this accumulation behavior underscores a supportive setup for Dogecoin price. Therefore, continued outflows and whale participation could sustain DOGE’s current bullish narrative.

Can DOGE Stay Bullish?

Dogecoin’s breakout from the descending channel, alongside growing whale accumulation, paints a positive technical picture. The strong DMI readings confirm active buyer strength and validate the current price structure. Sustained exchange outflows further reinforce a tightening supply narrative, creating conditions that favor further upside. Consequently, the Dogecoin price appears well-positioned to challenge the $0.30 level in the short term if the $0.2500 support continues to hold.