Dogecoin’s been stealing the crypto spotlight this week, with its price surge drawing tons of attention—and it looks like whale investors are fueling some serious momentum for the meme coin. Blockchain analytics firm Santiment recently reported that over the past three days, big players have snapped up around 150 million DOGE tokens while the price hovered near the key $0.185 support level. That’s a bold move, showing confidence even with all the market uncertainty swirling around. It’s got retail traders—everyday investors—nervous about more dips, but analysts see these whale buys as a strong vote of faith in Dogecoin’s future.
Right now, Dogecoin’s trading at about $0.19, down 8% in the last 24 hours, but don’t let that fool you—the trading volume’s jumped 50%, signaling a ton of activity on major exchanges. Tech charts show DOGE’s in a consolidation pattern, and if it can bust through the $0.21 resistance, forecasters think it could rally 20%, maybe hitting $0.25 in the next few days. The Relative Strength Index (RSI) is at 35, though, suggesting low momentum and some price struggles. Investors are using that RSI, along with other tools, to gauge buying and selling pressure across platforms, but the buzz is real—whales are betting big.