Recent developments in the Dogecoin market are related to whale accumulation and concerns over Qubic security. After a drop to $0.21, Dogecoin's price rebounded to $0.22.
Technical Indicators for Action
Dogecoin's chart shows a battle between bulls and bears. The $0.21 level has held as support, surviving multiple tests before whales pushed prices up. Resistance emerged at $0.22, capping the upside in a tight range.
During the late session, volume spiked to 9.29 million, indicating that institutional-sized flows were behind the reversal. Volume above 6.8 million in the last hour of trading suggests whales were in control.
Market Context: Mixed Sentiment
While overall sentiment might be bullish, meme coins like $DOGE are still prone to sharp volatility due to speculative flows. The Qubic security scare added another layer of uncertainty. As stated in previous reports, information emerged that Qubic’s network could theoretically attack Dogecoin’s blockchain, spooking retail investors.
Analysts' Dogecoin Price Predictions
Market forecasters are divided on Dogecoin price outlook. Some experts say Dogecoin’s future will depend on if this whale-driven bounce becomes a trend or fails under external pressure.
| **Source** | **2025 Forecast Range** | **Outlook Summary** | | --- | --- | --- | | CoinCodex | $0.19 – $0.26 | Neutral; depends on whale activity | | WalletInvestor | Up to $0.25 | Cautious; risk from Qubic concerns | | Changelly | $0.23 – $0.30 | Optimistic; expects continued whale buying |
Based on the latest research, Dogecoin price prediction is currently a tug of war between whale accumulation and Qubic security risks. While Dogecoin’s V-shaped bounce from $0.21 to $0.22 shows resilience, it is up to whales to defend this level against retail selling and external threats. Expert opinions are split: bearish scenarios predict $DOGE going back to $0.19, while bullish scenarios see it reaching $0.30.
