TLDR
- Dogecoin whales bought 200 million DOGE via Robinhood, worth around $14 million
- Open interest rose 3.74% to $1.08 billion, while derivatives volume jumped 114% to $739.56 million
- DOGE ETF daily inflows hit zero on July 17, though cumulative inflows held at $11.77 million
- Chart analysts point to a double-bottom pattern with targets ranging from $0.653 to $3.25
- DOGE is trading around $0.072, holding above key $0.070 support
Dogecoin is holding just above $0.070 support as fresh whale activity and rising derivatives data put the meme coin back in focus. The coin traded at $0.07212 on Monday, down 1.07% in the latest four-hour session.
Whale wallets added 200 million DOGE through Robinhood, a purchase worth close to $14 million. Large-scale buying like this tends to shift short-term sentiment and can affect liquidity expectations.
Dogecoin whales purchased another 200 million $DOGE on Robinhood.
Valued at $14M. pic.twitter.com/KSrGfPWiGC
— dogegod (@_dogegod_) July 19, 2026
On the derivatives side, trading volume surged 114% to roughly $739.56 million in a single session. Open interest climbed 3.74% to $1.08 billion, showing more capital is sitting in active positions.
Analyst Ali Charts posted on X that Dogecoin’s weekly TD Sequential has now flashed multiple consecutive buy signals. He called it a rare setup that could be warning a major bull rally is approaching.
Dogecoin $DOGE just keeps printing buy signals.
The weekly TD Sequential has now flashed multiple consecutive buy signals—a rare setup that could be warning a major bull rally is approaching. pic.twitter.com/DrOI9nqJ2I
— Ali Charts (@alicharts) July 21, 2026
ETF Flows Cool but Chart Stays Bullish
DOGE spot ETF daily inflows dropped to zero on July 17, 2026, according to SoSoValue data. Despite that, cumulative net inflows remained steady at $11.77 million, with total net assets across DOGE ETF products sitting at about $10.03 million.
Chart analyst Javon Marks says DOGE has already broken above an important level and is now moving sideways — a pause he compares to setups seen before earlier rallies. He set price targets at $0.653, above $0.70, and then $1.25.
Analyst Namtoshi Dogemoto identified a weekly double-bottom pattern with two rounded lows. The second low came with stronger volume, and the neckline sits between $0.45 and $0.50.
Double-Bottom Pattern Points to Bigger Targets
A break above that neckline could open the door to a larger rally, with Dogemoto pointing to a measured move target above $3. He also noted the weekly RSI is moving out of oversold territory, similar to the market structure seen ahead of the 2024–2025 rally.
$Doge/weekly#Dogecoin has formed a massive Double Bottom — and the measured move is screaming.
📉 First bottom ✅
📉 Second bottom 🔄
🎯 Target: $3.25 🔄The structure is perfect. This is one of the most reliable reversal patterns in technical analysis.
$3.25 incoming 🚀 pic.twitter.com/AqzRHfGvSm
— Trader Tardigrade 🧬 (@TATrader_Alan) July 19, 2026
One separate analyst identified a double-bottom on the weekly chart with a price target of $3.25 if a decisive breakout occurs. That level remains hypothetical until the pattern is confirmed.
On the technical side, the MACD histogram turned slightly positive at 0.00003, suggesting bearish momentum is fading. The Chaikin Money Flow rose to 0.28, pointing to stronger capital inflows.
A breakout above $0.075 could push DOGE toward $0.080, with $0.085 as the next resistance. A drop below $0.070 would likely send the price back toward $0.068.
As of Monday, DOGE held above $0.070 with cumulative ETF inflows unchanged at $11.77 million.
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