Dogecoin Price Sees 4% Surge After Bitcoin Breaks $80,000 Mark

Dogecoin's price has seen a significant increase after Bitcoin broke the $80,000 mark. According to recent data, DOGE surged by 4% in early Asia trading hours.

The move is attributed to a high-volume surge, with DOGE breaking above $0.109. This level was previously acting as resistance, but has now become support.

Crypto analyst Ali Charts noted that whales accumulated 160 million DOGE in the 96 hours leading up to the move. This concentrated buying activity suggests deliberate investment rather than slow retail accumulation.

The next key levels to watch include $0.1135 and $0.1150, with a clean break above the latter potentially opening up further price increases.