Dogecoin News Today: Dogecoin Approaches Golden Cross as Whale Activity and 53% Quarterly Gain Fuel Optimism

Dogecoin (DOGE) is approaching a technical milestone known as a golden cross on its hourly chart, where the 9-day moving average is set to cross above the 26-day moving average at approximately $0.2331. This crossover, a widely recognized indicator of potential bullish momentum, has drawn attention from traders amid broader market volatility. Despite a recent 2.37% decline to $0.2308, the asset’s Relative Strength Index (RSI) remains positioned to signal a possible reversal, with intraday highs reaching $0.2446 earlier in the week. The golden cross, combined with sustained whale activity and quarterly gains, has fueled cautious optimism about DOGE’s short-term trajectory [1].

The price dip aligns with a broader altcoin market correction, driven by profit-taking following recent rallies. Analysts note that such sell-offs are common after sharp price increases but emphasize that the current technical setup suggests a temporary phase rather than a structural decline. A key focus for traders is whether DOGE can hold critical support levels to maintain upward momentum [1].

Recent on-chain data reveals a surge in whale activity, with large holders accumulating approximately 180 million DOGE. This behavior, often interpreted as a sign of institutional or high-net-worth confidence, has historically correlated with positive price momentum. The accumulation adds to the narrative that market participants are positioning for a potential rebound, though retail investors are advised to monitor broader market conditions [1].

Dogecoin’s quarterly performance further bolsters the bullish case. The asset recorded a 53% gain in Q3 2025, breaking a six-year bearish trend. This performance highlights DOGE’s resilience amid broader market challenges and underscores its potential to sustain growth. The quarterly rebound, coupled with whale activity, suggests that the meme coin may continue to outperform expectations in the near term [1].

Ali Martinez, an on-chain analyst with COINOTAG, has projected that DOGE could rebound to $0.46 if support around $0.26 holds. This forecast hinges on continued whale accumulation and favorable market conditions. However, Martinez emphasizes that the outcome remains conditional, and traders should closely watch key resistance and support levels in the coming days [1].

While mixed signals persist—ranging from altcoin corrections to profit-taking—the confluence of a potential golden cross, whale-driven accumulation, and strong quarterly results positions Dogecoin for a cautiously optimistic outlook. Investors are advised to remain vigilant, as market dynamics could shift rapidly depending on broader crypto trends.

Source: [1] [title:Dogecoin Eyes Potential Golden Cross on Hourly Chart Amid Mixed Market Signals July 25, 2025] [url:https://en.coinotag.com/dogecoin-eyes-potential-golden-cross-on-hourly-chart-amid-mixed-market-signals/]