Dogecoin Forms Bullish Pattern as Whale Accumulation Points to Massive Rally

Updated on May 16, 2025 at 11:49 am UTC by · 3 mins read

Prominent crypto analyst Ali Martinez recently reported that whales have accumulated over 1 billion DOGE in the past month. It is a strong signal of confidence from large holders.

Prominent crypto analyst Ali Martinez recently reported that whales have accumulated over 1 billion DOGE in the past month. It is a strong signal of confidence from large holders.

This strategic buying spree coincided with a 47% price surge, pushing DOGE to a monthly high of $0.2587. At the time of writing, DOGE is consolidating at $0.2255, supported by rising trading volume (+22.97% to $2.46 billion).

The meme coin trades above three key EMAs, which now serve as critical short-term support levels. Large-scale accumulation by whales often precedes major price moves, as their buying pressure tends to reduce supply and trigger FOMO among retail traders.

Holding above the $0.22–$0.20 region would likely keep bullish momentum intact, making a retest of the $0.26 resistance highly probable.

Technical Analysis: MACD, A/D Line & Ascending Triangle

The current chart structure shows an ascending triangle pattern, a classic bullish continuation setup. This pattern is characterized by a series of higher lows converging toward horizontal resistance, in this case near the $0.258 zone.

A breakout above this ceiling could catalyze a strong upside move.

DOGE Ascending Triangle. Source: TradingView

The MACD remains in bullish territory, although the histogram shows a slight fade, indicating consolidation or a minor correction before a potential leg up.

A breakout above $0.2587 could open the door to $0.30 and even $0.35 if volume confirms the move and market sentiment remains positive.

Failure to hold support at $0.2049 (20-day EMA) might trigger a retest of the $0.192 zone. Below that, DOGE could enter a correction phase toward the $0.18–$0.17 range.

As DOGE Eyes Rally, MIND Soars to Popularity

Amid Dogecoin’s bullish momentum, a next-generation autonomous AI agent MIND of Pepe ($MIND) has soared to popularity, representing a self-evolving AI system whose advanced insights are exclusively accessible to token holders.

MIND of Pepe has built a strong community with more than 22K followers on X. The AI crypto project has raised a massive $9.33 million in its ongoing presale with 15 days, 1 hour until the next price increase.

Source: MIND of Pepe

Following the disruptive AI breakthroughs of 2024, MIND of Pepe capitalizes on this momentum by offering early investors unprecedented access to a decentralized AI-driven intelligence network.

Its “X persona” autonomously scans the digital landscape, identifies emerging trends, and delivers strategic insights to $MIND holders, democratizing access to market-moving information traditionally reserved for insiders and institutional players.

The project offers staking as well, allowing early adopters to earn passive rewards at a fixed rate of 1332 $MIND tokens per ETH block over a 3-year period, with an estimated annual return of 244%, claimable when the feature goes live.

To buy $MIND tokens, visit the official MIND of Pepe website and connect a supported wallet like the best wallet and use crypto or a card to complete the transaction.

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