DOGE Price Rises 1.49% Amid Whale Sales and ETF Speculation

On NOV 10 2025, DOGE rose by 1.49% within 24 hours to reach $0.1814, DOGE rose by 8.85% within 7 days, dropped by 2.39% within 1 month, and dropped by 42.41% within 1 year.

Large investors, or whales, have sold over 3 billion DOGE in the last month, signaling shifting sentiment in the market. This outflow contrasts with recent price movements that suggest a mixed but not entirely bearish technical outlook. While the 7-day rise of 8.85% is encouraging, the 42.41% drop over the past year underscores the challenges that the cryptocurrency faces in maintaining consistent upward momentum.

Meanwhile, speculation is mounting over the potential approval of the Bitwise DOGE ETF, with analysts suggesting that regulatory clarity could bring renewed institutional interest. This could be a key driver for long-term appreciation if the fund is successfully launched, although such outcomes remain speculative and should not be conflated with confirmed market moves.

From a technical perspective, DOGE is currently encountering significant resistance, despite the 9% weekly surge. The asset has failed to break past key levels seen in early 2025, and traders are monitoring volume and order-book dynamics for signs of a potential reversal. Chart indicators, including the RSI and MACD, suggest that overbought conditions are developing, which could trigger a pullback in the near term.

Backtest Hypothesis

A recent attempt to evaluate DOGE’s performance using a simple buy-and-hold strategy from 2022-01-01 to the current date failed due to incomplete price data. This highlights the necessity of a more structured approach when testing event-driven strategies. For instance, one could define a specific trigger such as a trailing 1-year price drop of at least -42.41%—mirroring the asset’s annual decline—followed by a defined action (buy or short) and a fixed or dynamic exit rule. This approach would allow a more accurate assessment of how DOGE behaves in response to historically significant price corrections and could provide insights into optimal entry and exit strategies for investors.