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Updated Aug 13, 2025, 4:05 a.m. Published Aug 13, 2025, 4:05 a.m.
- DOGE experienced a 5.6% rally, peaking at $0.238 before profit-taking reduced gains.
- Whale investors acquired over 1 billion DOGE, signaling strong institutional interest.
- Key support levels were established at $0.220 and $0.232, with resistance at $0.238.
Meme coin posts strong mid-session rally before profit-taking trims gains, with large-holder flows signaling sustained institutional interest.
DOGE gains 5.6% in the 23-hour period ending August 13, climbing from $0.225 to $0.233 in an $0.0198 range (8.8% volatility).
Morning trade establishes $0.220 as firm support on volume above the 24-hour average of 387.7M. Price accelerates between 12:00-20:00, rallying from $0.221 to $0.238 on sustained bid-side demand before evening resistance caps upside.
STORY CONTINUES BELOW
The final hour sees a 1.3% drop from $0.235 to $0.232 as selling pressure builds. A breakdown at 02:00 sends price from $0.233 to $0.232 on 11M volume. Support reappears at $0.232 into the close, but rallies stall at $0.235.
Whale accumulation remained a key driver, with over 1B DOGE (valued at ~$200M) acquired in recent sessions. Large-holder ownership now approaches half the circulating supply, underscoring institutional confidence despite intraday volatility.
• DOGE rallies 5.6% from $0.225 to $0.233 in August 12 03:00–August 13 02:00 window
• Mid-session surge from $0.221 to $0.238 sets session high before rejection
• Late-session 1.3% drop trims gains, with $0.232 acting as final support
• Whale accumulation tops 1B DOGE worth ~$200M
• Support: $0.220 (volume-backed morning defense), $0.232 (final-hour floor)
• Resistance: $0.238 (session high), $0.235 (late-session cap)
• 24-hour range: $0.0198 (8.8% volatility)
• Largest volume spike: 387.7M+ during support retests and 11M on final-hour breakdown
• Higher lows pattern intact despite pullback
• Retest of $0.238 resistance for breakout continuation
• Stability of $0.232-$0.220 support band on further profit-taking
• Persistence of whale accumulation flows in coming sessions
• Impact of broader market volatility on meme coin positioning
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.
He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
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Ripple Labs and the SEC have dismissed their appeals, ending litigation and boosting institutional inflows, with daily volumes increasing by 208%.
What to know:
- XRP rose 4% as it moved from $3.15 to $3.25, with a significant mid-session rally pushing volumes over 140 million tokens.
- Ripple Labs and the SEC have dismissed their appeals, ending litigation and boosting institutional inflows, with daily volumes increasing by 208%.
- Resistance was confirmed at $3.30, while support held at $3.25-$3.26, despite late-session profit-taking.
