Dogecoin Whales Acquire Over 137 Million DOGE in Under 12 Hours

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 10 2026

DOGE-3.653%

PUMP-7.585%

Should l Buy DOGE?

Whale Accumulation: Dogecoin whales purchased over 137 million DOGE in under 12 hours, indicating strong bullish expectations for the asset, which could drive its price to new all-time highs in 2026.
Market Trend Analysis: With Bitcoin reclaiming the $90,000 range, analysts are generally optimistic about the first half of 2026, viewing it as the start of a bull market, although a potential downturn may occur in the second half.
Ethereum's Strong Performance: Ethereum has once again surpassed the $3,000 mark, leading to steady gains in other popular altcoins like XRP and ADA, hinting at the possibility of new all-time highs soon.
Supercycle Expectations: Some financial experts believe that 2026 could usher in a 5-year supercycle, and if Bitcoin reaches new highs, it may trigger significant price pumps in altcoins, further boosting market confidence.

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Technical Analysis for DOGE

Technical Sentiment Analysis for Dogecoin (DOGE). As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Dogecoin (DOGE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0791	0.0836	0.0874	0.0918	0.0956	0.1	0.104
Fibonacci	0.0836	0.0867	0.0887	0.0918	0.095	0.0969	0.1

About DOGE

Dogecoin (DOGE) is based on the popular 'doge' Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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