Dogecoin Jumps 15% as Big Investors Buy 30 Million Tokens — Could 20% More Be Coming?

Dogecoin , Tuesday, 07 October 2025

Posted by Rima Dwi Astuti

Dogecoin Jumps 15%, Eyes a Move Toward $0.30

Dogecoin (DOGE) is back in focus after rising about 15%, now trading around $0.25–$0.26. This rebound comes as large investors — known as whales — bought over 30 million DOGE in 24 hours. At the same time, more than $25 million worth of DOGE left exchanges, suggesting many holders are moving their coins to private wallets.

Whales Are Buying as Supply Tightens

On-chain data looks positive. Big holders are adding more DOGE, while exchange balances keep dropping. This means fewer coins are available to sell.

Both short- and long-term investors are becoming more active, showing growing confidence in the market.
Also, the Spent Coins Age Band has fallen sharply — meaning old coins are not being moved much. This often happens early in a new uptrend when investors prefer to hold rather than sell.

Key Price Levels to Watch

DOGE is now facing strong resistance around $0.2626–$0.275.
If the price closes above that range, it could confirm a breakout and push DOGE up to $0.30, or even $0.32–$0.34 — about 20% higher.

On the downside, $0.24–$0.25 is an important support zone.
If DOGE drops below $0.24, it could trigger a deeper pullback toward $0.22–$0.23.

Technical Indicators Support the Move

DOGE recently broke out of a descending channel and successfully retested it as support — a classic reversal signal.
Momentum indicators also look strong:

The MACD has turned positive,
The ADX is rising,
And the price continues to form higher lows inside an ascending channel since summer.

Some analysts also note a megaphone pattern on higher time frames, suggesting that if DOGE breaks above the upper boundary, the price could reach $0.70 later in this cycle.

Bottom Line

With whales buying, exchange supply shrinking, and price building under key resistance, Dogecoin has the setup for a potential 20% breakout.
Until the price closes above $0.2626–$0.275, though, expect DOGE to keep trading sideways between $0.24–$0.28 as it gathers momentum for the next big move.