{"id":28797,"date":"2026-05-01T13:16:00","date_gmt":"2026-05-01T12:16:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=28797"},"modified":"2026-05-01T12:57:23","modified_gmt":"2026-05-01T11:57:23","slug":"dogecoin-price-surge","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/dogecoin-price-surge\/","title":{"rendered":"Dogecoin’s recent surge: 2 key reasons behind the Crypto’s rally"},"content":{"rendered":"\n

Dogecoin Shatters Its Resistances<\/h2>\n\n\n\n

Dogecoin<\/a> (DOGE) has just recorded the best weekly performance among the top 100 global cryptocurrencies. While the overall market capitalization has dropped by 0.7%<\/strong> over seven days and the majority of altcoins are sinking into the red, the famous memecoin is showing an increase of over 11% for the week<\/strong> and +14% over ten days<\/strong>, trading around $0.1093<\/strong> as of May 1, 2026. The token has just hit a peak unseen in ten weeks. The question now is not whether the move is real, but whether the fundamentals behind it hold up.<\/p>\n\n\n\n

This breakout is significant from a charting perspective. For the first time since October 2025<\/strong>, DOGE has broken and closed above its entire exponential moving average stack: the 20 EMA at $0.0990<\/strong>, the 50 EMA at $0.0975<\/strong>, and the 100 EMA at $0.1046<\/strong> were all cleared in a single session. The parabolic SAR at $0.0992<\/strong> has also flipped into bullish territory, confirming the daily trend reversal.<\/p>\n\n\n\n

The base established between $0.0900 and $0.1000<\/strong> from February to April held up during every test, gradually absorbing the available supply. The 200 EMA at $0.1260<\/strong> now becomes the crucial resistance for May. A close above this level would be the first since mid 2025 and would open the door to the February swing high around $0.1550<\/strong>. For traders looking to understand these technical levels<\/a>, the current setup is one of the cleanest DOGE has printed since late 2025.<\/p>\n\n\n

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\"Dogecoin
Source: BeInCrypto Markets<\/figcaption><\/figure>\n<\/div>\n\n\n

Whales Bought Long Before the Breakout<\/h2>\n\n\n\n

The onchain reading is what differentiates this move from mere speculative spikes driven by social media. According to the analytics platform Santiment, the 149 largest wallets<\/strong> holding at least 100 million DOGE<\/strong> each have reached a record collective holding level: 108.52 billion DOGE<\/strong>, equivalent to $11.6 billion<\/strong>. These wallets accumulated throughout the February to April consolidation and are now at their all time high at the exact moment the price breaks its resistances.<\/p>\n\n\n\n

The second strong signal: in the day preceding the breakout, 739 transfers valued at over $100,000<\/strong> were recorded on the network, a six month high for large address activity. This is not retail behavior. This is structured accumulation, prepared over several weeks. Knowing how to read onchain data and integrate it into your analysis is precisely the skill that allows you to anticipate this type of move.<\/p>\n\n\n\n

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\ud83d\udc33 On-chain data indicates that Dogecoin's whales have just hit a 6-month high in activity, with 739 $100K+ transfers in just a 1-day span.

Additionally, of the 149 whale wallets holding at least 100M Dogecoin, they now collectively hold an all-time high of 108.52B $DOGE<\/a> (worth\u2026 pic.twitter.com\/AMaoxT97w1<\/a><\/p>— Santiment Intelligence (@SantimentData) April 30, 2026<\/a><\/blockquote>