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Dogecoin whales buy $14M tokens; technical signals hint at potential rally above $0.07 support.

Technical Signals
21 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Major Dogecoin holders purchased 200 million tokens worth about $14 million on Robinhood, signaling renewed interest. Derivatives trading volume surged 114%, with open interest rising to $1.08 billion, indicating growing market activity. Technical analysts identify bullish patterns like a double-bottom and multiple buy signals, projecting price targets between $0.653 and $3.25 if key resistance levels are broken. Currently, DOGE trades around $0.072, holding above the critical $0.070 support, with stable ETF inflows maintaining investor confidence.

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