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Dogecoin Rallies to $0.27 on Whale Buying, Tests $0.2626–$0.275 Resistance

Traders now look for a sustained close above the $0.2626–$0.275 ceiling to confirm a push toward the $0.30–$0.34 zone.

Overview

  • Dogecoin climbed into the $0.25–$0.27 range with repeated intraday defenses near $0.27 as momentum built toward the $0.30 area.
  • On-chain data show large holders added about 30 million DOGE while exchanges recorded roughly $25 million in outflows, indicating tighter sell-side supply.
  • Turnover topped 1.1 billion tokens, including a 1.15 billion spike during the heaviest hour, marking the strongest activity in weeks.
  • Analysts say only a decisive daily or weekly close above $0.2626–$0.275 would validate targets around $0.30–$0.34, with range trading near $0.24–$0.28 likely if it fails.
  • Market chatter points to potential retirement-fund eligibility as a possible catalyst, while HODL Waves and Spent Coins Age Band readings suggest broader holder participation.