Dogecoin Signals Bullish Reversal With Fresh Buying and Rising Hype

Dogecoin is starting to flash signs of a potential breakout, as a mix of whale accumulation, rising online chatter, and promising technical patterns hint at a bullish reversal.

Blockchain data shows large investors have been scooping up DOGE — with nearly 100 million coins bought in the past week alone. Historically, such whale behavior tends to precede upward moves, as smaller traders often follow in their wake.

At the same time, Dogecoin is making a comeback in the crypto conversation. Its “social dominance” — a metric tracking how often a coin is mentioned relative to top assets — has jumped from under 1% to over 2.5% in just a few weeks, signaling renewed community interest.

Fueling the buzz is speculation around a possible DOGE ETF listing, after Nasdaq filed to list a product from 21Shares.

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Technical analysts have also taken notice. One chart watcher, known as CryptoBullet, points to a rare reversal pattern forming — the Livermore Accumulation Cylinder — which he believes could set the stage for a powerful rally.

While some estimates point to the possibility of DOGE reaching as high as $3 in the longer term, shorter timeframes suggest $0.26 as a realistic target based on recent wedge breakouts.

Still, if the price slips below key support near $0.13, bullish momentum could fade quickly. For now, however, Dogecoin appears to be building the kind of base that often precedes big moves in crypto.

Alexander Stefanov