- A Dogecoin whale moved 478 million DOGE just as analysts predicted a major breakout within hours.
- Experts believe DOGE could surge to $0.8 if key support levels hold and momentum continues building.
Dogecoin is back in the spotlight as a major whale transaction and bold analyst predictions fuel excitement across the crypto market. In a striking move, a DOGE whale transferred 478 million coins—valued at approximately $72.9 million—between two unidentified wallets. The timing of this transaction couldn’t be more intriguing, as prominent crypto analyst Master Kenobi has forecasted a Dogecoin price breakout “within hours.”
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According to data from Whale Alert, the massive transfer hints at active accumulation, and it’s not an isolated event. Crypto analyst Ali Martinez also revealed that Dogecoin whales have scooped up over 800 million DOGE in just 48 hours, signaling intensified interest from high-stakes investors.
Master Kenobi’s chart analysis shows an ascending rectangle pattern, a classic bullish indicator, with the potential for DOGE to break through its downtrend line. He emphasized that this could be Dogecoin’s most significant technical move of 2025, suggesting a rally could push the price to a staggering $0.8 by late May or early June.
Adding fuel to the bullish fire, another respected analyst, Trader Tardigrade, has echoed similar sentiments. He observed that DOGE is breaking out of a falling wedge on the 1-hour chart and that its Relative Strength Index (RSI) has surged out of the oversold zone—typically a precursor to upward price movement. In a follow-up post, he highlighted a prolonged symmetrical triangle forming on the chart, hinting at growing momentum behind the scenes.
The consensus among analysts is clear: if Dogecoin can hold above key support levels at $0.13 and push past $0.17, a run to $0.29 or even higher could be imminent.
With whale activity heating up and chart patterns aligning across multiple timeframes, the Dogecoin community is bracing for what could be a dramatic price movement in the coming days. Whether you’re a long-time HODLer or a curious newcomer, all eyes are now on DOGE—and the clock is ticking.
