Key Insights
- •Dogecoin price is in focus as whale wallets accumulated more than $2.9 million DOGE during low volatility.
- •Technical indicators suggest a potential DOGE price move toward the $0.22 range.
- •Analysts indicate that sustained support above the Ichimoku cloud could confirm a new bullish phase.
On October 28, 2025, chart watchers highlighted a rebound in Dogecoin price from cloud support. This setup coincided with whale accumulation as the token approached a well-defined resistance band.
DOGE Whale Accumulation Hints at Dogecoin Price Surge
Blockchain data from Santiment and Glassnode showed several large transactions between dormant wallets, totaling about $2.9 million in DOGE. Analysts stated that this accumulation phase often followed extended consolidation, signaling that long-term investors viewed the current zone as an attractive entry point. This could provide the much-needed boost to Dogecoin price, as the meme coin has struggled lately.
While retail participation declined after months of sideways trading, larger wallets appeared to absorb that supply. This shift typically preceded volatility spikes in prior cycles. The divergence between institutional inflows and retail outflows suggested the token’s ownership was becoming more concentrated among patient holders. Analysts compared the current setup to earlier accumulation periods that preceded large rallies. They noted that sustained buying during low-volatility phases tended to strengthen market structure, providing support during later price expansions.
Dogecoin Price Eyes Breakout
Analyst Trader Tardigrade indicated that the DOGE price had shifted toward a constructive outlook after rebounding from the Ichimoku cloud, also known as the Kumo. The Ichimoku system tracks trend direction and momentum through overlapping averages and support zones. The Tenkan-Sen and Kijun-Sen lines formed a bullish crossover above the cloud, marking renewed upward momentum. Volume also increased during the breakout, which analysts viewed as confirmation that the move was supported by trader conviction.
Since then, Dogecoin price has held above both the cloud and key conversion lines, indicating consistent buying pressure. Analysts projected a possible move toward the $0.215–$0.22 range, where the cloud would flip into dynamic support if a breakout occurred. However, given the current $0.1995 level for DOGE price, the token remained just below this resistance area. Analysts cautioned that any failure to close above it could lead to a short-term consolidation phase.
Crypto Bully stated that the current Dogecoin price market structure is a tactical range between roughly $0.175–$0.18 on the lower side and $0.218–$0.225 at resistance. He mentioned that traders often preferred buying dips near support and taking partial profits near highs, using the VWAP (Volume Weighted Average Price) bands to gauge overextensions. A confirmed breakout beyond the upper VWAP band, he added, would favor trend continuation for Dogecoin price. Conversely, a rejection could trigger a reset back toward equilibrium levels. This behavior reflected typical range-bound dynamics before stronger momentum phases.
What’s Next for DOGE Price?
The alignment between whale accumulation, range structure, and trend indicators painted a picture of gradual recovery. Analysts agreed that DOGE price maintained structural strength as long as it held above its key support zone. Whale transactions and reduced retail activity pointed to a re-accumulation phase rather than distribution. That pattern, combined with higher volume at resistance and a rising Ichimoku profile, suggested the token was laying groundwork for a potential medium-term breakout.
While short-term rejections could still occur near resistance, the broader setup appeared favorable for continuation once volatility returned. Analysts suggested that the Dogecoin price could move toward the $0.22 area if current buying pressure is sustained and liquidity conditions improve. In summary, the DOGE price was consolidating within a stable technical framework backed by quiet institutional accumulation. The combination of firm support, consistent whale flows, and improving trend signals suggested that the token was entering a constructive phase, with a possible breakout forming if the market maintained its current trajectory.