A significant surge in Dogecoin’s price has been fueled by an influx of purchases from large investors, known as whales. Over 30 million DOGE were bought within a single day, according to data from Sentiment, sending prices soaring upwards. This buying spree coincides with growing positive market sentiment towards the cryptocurrency, suggesting that whales are playing a significant role in shaping price trends. influencer @ali_charts shared this impressive news on Twitter. The impact of whale activity on Dogecoin’s price is undeniable, and recent price movements have consistently mirrored changes in investor behavior. Notably, an upward-sloping cup and handle pattern on the 4-hour chart adds further evidence to the bullish trend. The handle of this pattern has just broken out, potentially indicating a continued climb for Dogecoin. If this pattern holds true, DOGE could rise above $0.30. This bullish technical setup aligns with increasing trader confidence in DOGE’s future. ⚠️Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should conduct their own research before making financial decisions.