{"id":16334,"date":"2025-09-01T22:28:05","date_gmt":"2025-09-01T21:28:05","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=16334"},"modified":"2025-09-01T22:28:06","modified_gmt":"2025-09-01T21:28:06","slug":"why-doge-could-smash-through-0-30-dollars-sooner-than-expected","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/why-doge-could-smash-through-0-30-dollars-sooner-than-expected\/","title":{"rendered":"Why DOGE Could Smash Through $0.30 Sooner Than Expected"},"content":{"rendered":"\n

Volatility Triggered by Whale Activities<\/h2>\n\n\n\n

Between August 24 and 25<\/strong>, an unknown whale transferred 900 million DOGE<\/a><\/strong> (approximately $200 million<\/strong>) to Binance<\/a> wallets. This triggered significant volatility<\/strong> in the market and an 8% decrease<\/strong> in the open interest of futures contracts. This whale activity has certainly weighed on the short-term price<\/strong>.<\/p>\n\n\n\n

However, on-chain data shows that despite retail selling, institutional demand remains strong. In fact, whales have accumulated an additional 680 million DOGE<\/a><\/strong> during August<\/strong>, highlighting the persistent interest<\/strong> from institutional investors in the meme token. Moreover, DOGE network fundamentals remain solid, with a hashrate exceeding 2.9 petahash per second<\/strong>, ensuring the security and robustness of the network<\/strong>.<\/p>\n\n\n\n

\"Doge<\/figure>\n\n\n\n

DOGE: Bullish Signal Ahead<\/h2>\n\n\n\n

From a technical perspective, he has been consolidating in a narrow range between $0.21 and $0.23<\/strong>, forming a “cup and handle” pattern on the charts. This type of formation, often seen as a bullish signal<\/strong>, suggests that the token could be about to break through the resistance at $0.23<\/strong> and target higher levels<\/strong> around $0.25-0.30<\/strong>.<\/p>\n\n\n\n

Although the overall momentum<\/strong> remains neutral to bearish, with an RSI near 40<\/strong> and a bearish divergence<\/strong> on the MACD, maintaining support at $0.21<\/strong> could be the necessary catalyst to propel DOGE toward new highs<\/strong>. Traders will be particularly attentive to the evolution of open interest<\/strong> in futures contracts, a key indicator for gauging speculative demand.<\/p>\n\n\n\n

Despite macroeconomic headwinds, the coin has found the strength to bounce from its support at $0.21<\/strong>, initiating a technical rally that could lead it up to $0.30<\/strong>. Whale flows and underlying institutional demand, combined with a promising “cup and handle” pattern, suggest positive prospects<\/strong> for the meme token in the coming weeks. Seasoned investors would do well to closely monitor<\/strong> the evolution<\/strong> of this captivating asset.<\/p>\n\n\n\n

\n

Here me out crypto fam…$DOGE<\/a> has a bull div on the daily chart with RSI trending up while price is in a downtrend.

Clean bull flag now formed as well.

You pretty much couldn't ask for a setup right now.

Now will it actually do anything? Who knows. pic.twitter.com\/EaxAFeM00k<\/a><\/p>— Chris (@StonkChris) August 28, 2025<\/a><\/blockquote>