Dogecoin Price Outlook: December’s Calm Before the Storm?

Dogecoin (DOGE) enters December with a subdued market mood, marked by weak ETF inflows and decreasing whale activity. While new Dogecoin ETFs launched last week, they saw meager investor interest, with Grayscale’s GDOG pulling in only $2.16 million compared to the considerable initial inflow seen for Bitcoin and Solana. Meanwhile, CleanCore Solutions continues its plan to acquire 1 billion DOGE despite a stock decline of 32% in November. A key catalyst came in the form of House of Doge’s partnership with Bitstamp to expand treasury and payment functionalities. This aligns with on-chain analyst Ali’s observation that whale activity has hit its lowest point in two months, indicating a potential lull before a resurgence. 2025 is looking bright for the crypto world! 📈 As on-chain analysis shows, DOGE’s price continues to consolidate around $0.149 after dropping from $0.18 earlier in November. This sideways movement has been punctuated by dips toward the $0.133 support level, which was respected during a recent price pullback. ⬇️ The chart currently suggests that Dogecoin’s momentum is waiting for a catalyst to break out of its current consolidation range between $0.145 and $0.153. This could come from a surge in activity from whales or a positive market shift. , 2025 is looking bright for the crypto world! 📈 To illustrate this point: The Dogecoin price is currently trading around $0.149 on the 4-hour chart after dropping from the $0.18 area earlier in November. This drop has been followed by a sideways movement, and there hasn’t been much buying pressure to push it above resistance. The RSI sits in a neutral zone around 47–48, indicating that DOGE is not overbought or oversold. The market looks balanced but lacks energy. RSI has been hovering in this range for nearly a week, which supports the idea that the Dogecoin price is waiting for a catalyst. 🔮 Open interest currently hovers near flat, at 1.36B–1.37B, showing little leverage in the market. When open interest stays this stable, it usually means price action moves slowly. This can make it easier for large wallets to move the chart but could slow down any potential breakouts. Long and short positions remain almost perfectly balanced – there’s no aggressive buying or selling pressure. MACD is flattening near zero after a small bullish attempt. The lines are close together with low histogram activity, indicating low volatility. 📊 If Dogecoin manages to reclaim $0.155 and push towards $0.162 for meaningful upside potential. Only then could the bullish momentum resume, opening a run toward $0.175. If it falls below $0.145, the chart could revisit the $0.133 support level. 📉 Looking forward to December: Despite the quiet charts and lower whale activity, Dogecoin may experience a surge if Bitcoin makes a significant move. A breakout above $0.155 with strong volume would signal a bullish trend, but failure to do so might continue the current sideways pattern until something new drives the market.