Whale Demand

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Why Dogecoin’s Rally May Falter Amid Bearish Divergence and Dropping Whale Demand
Yahoo Finance· 2025-10-07 12:11
Dogecoin at a Historic Crossroads as ETF Nears and Whales Trade Aggressively. Photo by BeInCrypto Leading meme asset Dogecoin (DOGE) has seen a steady price rise over the past two weeks, trading within an ascending parallel channel on the daily chart. Currently priced at $0.2605, the coin’s value has climbed 17% in the past 14 days, extending optimism across the meme coin market. However, there’s a catch. A key momentum indicator has formed a bearish divergence, signaling that DOGE’s rally may lack organi ...