Dogecoin ($DOGE ) Price Prediction for February 2025 🚀
Dogecoin (DOGE) is gaining traction amid market uncertainty. Crypto whales have accumulated 560 million DOGE in the past week, signaling confidence in its price potential. However, DOGE has yet to see a major surge.
Whales Accumulate 560 Million DOGE
A crypto expert on X (formerly Twitter) highlighted that whales and long-term holders are actively accumulating DOGE after a sell-off. This suggests growing interest from institutional investors.
Coinglass data shows $13 million worth of DOGE has left exchanges, hinting at buying pressure. However, DOGE has yet to gain significant momentum.
Growing Trader Interest
Intraday traders are bullish today, February 1, 2025. The DOGE Long/Short ratio is 1.05, showing strong sentiment. Trading volume is up 35%, indicating increased activity.
DOGE Technical Analysis and Key Levels
DOGE is forming a bullish double-bottom pattern, signaling an upcoming rally.
If DOGE holds above $0.31, it could rally 25% toward $0.415.
DOGE is trading at $0.33, down 0.25% in 24 hours.
Whale accumulation, trader interest, and technical indicators suggest a breakout.
Conclusion
DOGE’s strong accumulation and bullish setup indicate potential upside. If support holds above $0.31, a rally could follow. Traders should watch key levels before making decisions.
