Dogecoin (DOGE) whales have accumulated over 120 million DOGE in the past week, indicating growing investor confidence.
Whale accumulation often precedes bullish price action, suggesting a potential DOGE rally to $4.5 or higher.
Market volatility, regulatory developments, and macroeconomic conditions are key considerations affecting DOGE's price movement.
Analysts' predictions range from a potential rally to $4.5 to an ultra-bullish outlook of DOGE reaching $80, but caution is advised due to the cryptocurrency market's volatility.