After weeks of gradual recovery, buyers have steadily regained control, with DOGE continuing to print higher highs and higher lows on the 4-hour chart.
That structure points to strengthening bullish momentum.
Try Our Recommended Crypto Exchanges
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
On the contrary, failure here may trigger a short-term pullback before another attempt higher.
Other Things Support the Rally
Whales have been driving DOGE’s price in the last couple of days.
Data from Santiment shows that whales have snapped up to 160 million DOGE, valued at roughly $17.7 million, and are holding rather than taking profits.
Similarly, the OI-weighted funding rate remains slightly positive, signaling a mild bullish bias in derivatives positioning.
Despite prolonged price weakness through late 2025 and early 2026, funding has stayed relatively stable, suggesting limited aggressive short dominance.
Recently, as Dogecoin’s price rebounds toward $0.11, funding rates have ticked higher, indicating growing long interest.
However, the absence of extreme spikes implies leverage remains controlled, reducing the risk of sudden liquidations while supporting a steadier recovery phase.
DOGE Price Forecast: Continuation Hinges On Breakout
Meanwhile, this short-term strength transitions directly into the broader daily structure, which now reflects a continuation of recovery rather than a temporary bounce.
After an extended downtrend marked by persistent lower highs, Dogecoin has broken above its descending trendline, signaling a meaningful shift in market structure.
This breakout suggests that bearish pressure is weakening while buyers gradually regain control.
Furthermore, momentum is expanding on the higher timeframe.
The Awesome Oscillator (AO) has flipped positive and continues to build, indicating strengthening bullish momentum.
Simultaneously, the Relative Strength Index (RSI) has surged toward the overbought region near 80, highlighting strong demand, although it also suggests the market may soon face short-term exhaustion.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
