Dogecoin Whales Accumulate Over $128M, Bullish Predictions Emerge

The Bollinger Bands are widening, a signal of heightened volatility. The price is approaching the mid band (20-day SMA) at $0.16. If the coin holds this level, it could see a short-term rally to the upper band (around $0.18925).

A breakout above the upper band could send the coin toward new local highs. On the other hand, the lower band sits around $0.148, and failure to hold this level might trigger deeper pullbacks.

On April 13, popular chartist Javon Marks suggested that DOGE is aligning with a historical pattern that previously led to a multi-hundred percent rally.

$DOGE (Dogecoin) looking ready to put on yet another magical bullish performance to NEW ALL TIME HIGHS!

On the bi-weekly chart, he predicts a potential increase of at least 200–330% that could push DOGE beyond its previous all-time high of $0.73.

next

Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.