Dogecoin price forecast is influenced by rising whale wallet

Dogecoin price forecast is influenced by rising whale wallet activity. On-chain data shows transactions above $5M rising 15% daily, historically preceding 5-10% upward price swings in the short term. After plunging to 50-day lows near $0.21 on Friday, Dogecoin price rebounded from 4% to consolidate around $0.23 on Sunday, Sept 28 as traders reacted to Elon Musk-led Grok AI’s approval for federal government use. Trading volumes in the past 24 hours have jumped by 15.4% for Dogecoin (DOGE) as the token booked a 5% gain. DOGE closed four consecutive daily candles in green territory. Market analysts forecast continuation toward $0.19 under prevailing momentum conditions as crypto inflows remain steady.