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Dogecoin price outlook: whales accumulate as memecoin momentum decline

CoinJournal·July 22, 2026·1 min read
Dogecoin price outlook: whales accumulate as memecoin momentum decline

Dogecoin whales bought about 200 million DOGE near the $0.07 support level. However, DOGE has stayed below its 20-day EMA for a record 65 days, indicating weak momentum. Bulls must reclaim the $0.075-$0.08 range to improve the outlook. Dogecoin has underperformed compared to Bitcoin and other large-cap digital assets in recent weeks.

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