Dogecoin: Breakout is imminent!

Dogecoin is proving resilient and consolidating above the critical $0.18 mark. The meme coin is currently trading at $0.197 – up 2.7 percent in 24 hours. But can DOGE hold this crucial support and make the next leap higher?

Whales accumulate massively

Beneath the surface, everything points to accumulation movements. Wallets with more than 100 million DOGE are showing increasing willingness to hold. The reason: large investors are apparently positioning themselves for future price gains.

Exchange flows confirm this trend. Today, a net $1.13 million flowed out of the trading platforms—a classic sign of long-term storage rather than selling pressure. The critical $0.18 zone proved to be solid ground.

First US Dogecoin ETF launches

The REX-Osprey DOGE ETF, which launched in September as the first US-listed spot ETF for Dogecoin, could be a game changer. This gives traditional investors direct access through regular brokerage accounts for the first time.

At the same time, the institutional infrastructure is strengthening: FalconX recently acquired 21Shares, the world's largest crypto ETP provider. This consolidation creates robust structures for institutional investments.

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Should investors sell immediately? Or is it still worth investing in Dogecoin ?

Technical breakout in sight

The trading volume of $1.54 billion in 24 hours shows that the market is wide awake. Weekly growth is 6.4 percent.

Technically, a symmetrical triangle is forming—often a harbinger of larger moves. The key levels:

• Support: $0.18 (must hold!)
• Short-term target: $0.21-$0.22
• Long-distance destinations: $0.25 and $0.33

The narrowing Bollinger Bands signal compressed volatility. A breakout seems imminent—but in which direction?

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Dogecoin: Buy or sell?! New Dogecoin analysis from October 25 provides the answer:

The latest Dogecoin figures speak for themselves: Dogecoin investors urgently need to take action. Is it worth buying, or should you sell? Find out what to do now in the free analysis from October 25th.

Dogecoin: Buy or sell? Read more here...