Dogecoin Surges 5% on Whale Accumulation and Technical Signals
Dogecoin (DOGE)
Editor:
Eugene Serbin
cvj.ai reports that Dogecoin rose 5% in 24 hours, extending a 24% monthly gain as broader markets rallied. Analyst Ali Martinez identified a Tom DeMark Sequential buy signal on the daily chart, suggesting the recent pullback is losing momentum. He also noted a morning doji star pattern on the 24-hour chart, indicating fading selling pressure.
Whales accumulated over 400 million DOGE in five days, reinforcing support near $0.0813. Martinez stated that as long as this level holds, bullish targets are set at $0.1552 and $0.1774. CoinGlass data showed outflows exceeding inflows, signaling a move to self-custody and reduced immediate selling pressure.
Crypto With Gopal identified a falling wedge pattern, suggesting a breakout above $0.10 could trigger a move toward $0.40. Celal Kucuker projected a potential 10x market cap expansion, possibly pushing the price above $1.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 4 September 2026. Not the outlet's figures.
Whalio spot data shows a price of $0.08782 with a 1-hour buy ratio of 52.5%, contrasting with a 44.6% ratio over 4 hours. The 24-hour buy ratio sits at 50.1%, indicating a balanced but slightly bullish short-term sentiment. Volume delta is positive at $59,147 for the hour, but negative at -$3,995,606 for the 4-hour window. The 24-hour volume delta is +$163,199, while cumulative volume delta closed at -$2,881,659. Buy ratio measures the proportion of buy volume to total volume, while volume delta tracks the net difference between buy and sell volume. Net buying occurred for 15 of the last 24 hours, with spot volume reaching $99,368,188.
The latest daily buy ratio of 48.9% sits at the 51st percentile of the last 281 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for DOGE, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.1%, making the current 24-hour ratio of 50.1% slightly higher by 1.0 point. Spot volume was 2.11 times the weekly average, marking an unusual spike in activity. While the 24-hour volume delta was positive, the 8-day total volume delta was -$6,114,567. Price fell 1.5% over eight days despite the volume increase. Net buying days totaled 3 out of 7, suggesting inconsistent buying pressure over the longer timeframe.