The entire meme coin market, including its leader, was annihilated in the past few months due to the ongoing broader crash, which pushed the market capitalization south by over $1 trillion.<\/p>\n
Recall that Dogecoin stood close to $0.5 in early December, then peaked above $0.42 in mid-January but slumped to $0.14 on March 11. Even though it now trades close to $0.17, it still means that its price has lost 60% since the January peak and over 65% since the high in December.<\/p>\n
Following such a substantial crash, though, many industry observers believe<\/a> DOGE is primed for a rebound and have outlined several factors that could help the asset recover.<\/p>\n Dogecoin whales have been particularly active during the bull run in November and December but started to dispose of their assets after the subsequent peak. Now, though, they have returned<\/a> to the scene with multiple large purchases and Ali Martinez highlighted the latest one.<\/p>\n Whale alert! Over 110 million #Dogecoin<\/a> $DOGE<\/a> bought up in a week. Big players are betting on a breakout. pic.twitter.com\/ppHy76w9u8<\/a><\/p>\n \u2014 Ali (@ali_charts) March 18, 2025<\/a><\/p>\n<\/blockquote>\n Although this amount is far from the massive accumulations registered a few months ago, it\u2019s still a positive sign that could influence DOGE\u2019s price recovery as it reduces the immediate selling pressure.<\/p>\n The popular analyst also brought up the TD Sequential metric, which shows whether a certain asset has exhausted its move in either direction. In regard to DOGE, he noted that the meme coin is \u201cprimed for a bounce\u201d as the 3-Day TD Sequential has flashed a buy signal.<\/p>\n #Dogecoin<\/a> $DOGE<\/a> is primed for a bounce! TD Sequential flashes a buy on the 3-day chart.<\/p>\n Join me in this trade by signing up to @coinexcom<\/a> using my referral link https:\/\/t.co\/73n8mW9Y5p<\/a> pic.twitter.com\/KFaqpcyIl8<\/a><\/p>\n \u2014 Ali (@ali_charts) March 18, 2025<\/a><\/p>\n<\/blockquote>\n \u52a0\u5bc6\u571f\u8c46<\/em> \u62a5\u544a<\/a> yesterday that Dogecoin\u2019s active addresses had grown to a four-month high of over 150,000. That was in stark contrast with the numbers registered just a few weeks ago when the number struggled to remain above 100,000. Typically, more activity on a certain network results in better price performance and vice versa.<\/p>\n The network activity on Dogecoin has increased even further since our report and is up to 280,000 such addresses in recent days.<\/p>\n #Dogecoin<\/a> $DOGE<\/a> network buzzing! Over 280,000 active addresses in recent days. pic.twitter.com\/i5n92BLAx3<\/a><\/p>\n \u2014 Ali (@ali_charts) March 19, 2025<\/a><\/p>\n<\/blockquote>\n The fourth and last signal in today\u2019s article comes from yesterday\u2019s. In it, we reported that big DOGE wallets, those that own at least a million of the meme coin, had grown by over 1.2% since the start of February. More precisely, this means the addition of 62 new such entities.<\/p>\n \u804c\u4f4d 4 Bullish Indicators Suggest Dogecoin (DOGE) Is Ready to Rally<\/a> \u9996\u6b21\u51fa\u73b0\u5728 \u52a0\u5bc6\u571f\u8c46<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The entire meme coin market, including its leader, was annihilated in the past few months due to the ongoing broader crash, which pushed the market capitalization south by over $1 trillion. Recall that Dogecoin stood close to $0.5 in early December, then peaked above $0.42 in mid-January but slumped to $0.14 on March 11. Even […]<\/p>\n","protected":false},"author":1,"featured_media":19526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[21],"class_list":["post-19524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds","tag-dogecoin"],"yoast_head":"\nWhales Return and TD Seq<\/h2>\n
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Network Activity and Big Wallets<\/h2>\n
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