Dogecoin price rises as whales accumulate 4.72B DOGE in two weeks, signaling potential for a breakout above $0.18 and $0.20 resistance levels.
A recent spike in Dogecoin whale activity has caught traders’ attention. Large holders have accumulated 4.72 billion DOGE over the past two weeks. This movement comes as Dogecoin holds above the $0.17 level, despite a broader market slowdown.
As investors watch for potential breakout signals, the price patterns and technical indicators suggest the possibility of a short-term upward move.
Whale Activity Suggests Accumulation by Major Investors
Over 4.72 billion DOGE has been accumulated by large investors in just two weeks, as per on-chain data. This buying pattern has come during a period of market uncertainty, where other major cryptocurrencies such as Bitcoin and Ethereum have seen flat price movements.
The rise in DOGE transactions involving whales indicates growing interest from market participants with higher capital exposure.
4.72 billion Dogecoin $DOGE bought by whales in the last two weeks! pic.twitter.com/9XGweARtBj
— Ali (@ali_charts) November 12, 2025
Whale activity often reflects future price movement due to the influence such players have on supply and demand. Large transactions are typically monitored by traders to assess possible price direction. Analysts note that consistent buying pressure from whales could lead to stronger support levels forming above $0.17.
The increased attention on DOGE from high-volume traders may signal a build-up phase ahead of a price movement. This has led some traders to track support and resistance levels closely, looking for breakout zones in the near term.
Dogecoin Trading Within a Repetitive Price Channel
Dogecoin has historically moved within a price channel that traders have observed over several years. Data from past market cycles between 2014 and 2023 show patterns of price rises and corrections within a defined range.
Analysts point out that DOGE tends to repeat this cycle, with temporary declines followed by recoveries.
$Doge/month#Dogecoin basically follows the same structure in each cycle 🔥 pic.twitter.com/DiM9nA8Fzc
— Trader Tardigrade (@TATrader_Alan) November 13, 2025
The current market structure suggests that Dogecoin is still following this historical channel. Price behavior in recent weeks appears to match previous movements within the pattern. If the channel continues to hold, traders may expect an attempt toward the $0.20 level.
Dogecoin reached $0.1754 on November 13, showing a modest weekly gain of 6%. Holding above the $0.17 support level may create the conditions for the next upward test. Key resistance lies at $0.18 and $0.20, which traders will watch closely if momentum builds.
Technical Indicators Point to Possible Short-Term Strength
Technical indicators are signaling neutral-to-bullish momentum in Dogecoin’s current price action. The MACD (Moving Average Convergence Divergence) is above the signal line, which traders use to identify changes in price direction. This setup may reflect a mild upward trend.
Meanwhile, the Relative Strength Index (RSI) stands at 51, suggesting that the asset is neither overbought nor oversold. This leaves room for either upward or downward movement, depending on upcoming trading volume and sentiment shifts.
Should Dogecoin maintain its position above $0.175, traders may expect a challenge of resistance at $0.18. However, a drop below $0.17 could bring more selling pressure. Market participants are watching both the chart patterns and on-chain data to gauge the next move.
