Dogecoin (DOGE) is catching its breath, hovering around $0.069 amid a mild correction in the cryptocurrency market. Market attention is focused on the White House crypto meeting scheduled for the 19th (local time) and large-scale buying moves by whales (large holders).

Dogecoin Moves Near $0.07 Amid Correction

According to overseas crypto media outlet CoinGape, Bitcoin failed to break through $63,000, XRP traded near $1, and Ethereum also failed to hold its support level. Market participants are awaiting the White House crypto meeting scheduled for the 19th (local time) to confirm new policy signals and market direction.

President Trump to Attend... White House Crypto Meeting on the 19th

CoinGape reported that U.S. President Donald Trump is expected to attend the meeting on the 19th (local time), and senior officials from major digital asset companies are also likely to join. According to the report, officials from Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi will take part in the discussions. The chairs of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are also scheduled to attend, and the event will be held at the Eisenhower Executive Office Building near the White House.

'That Martini Guy,' a crypto market figure cited by CoinGape, said on the 15th (local time) that President Trump will attend the meeting in person along with the SEC and CFTC chairs, evaluating that the president and the heads of the two major U.S. market regulators gathering in one place to discuss crypto assets is quite a significant event.

The event precedes a meeting of the CFTC's Innovation Advisory Committee. The committee is expected to discuss regulatory issues concerning crypto assets and newly emerging prediction markets, and there is also a possibility that the digital asset market clarity bill currently pending in the Senate will be addressed in the discussions. The bill under review also includes an ethics provision related to President Trump's involvement in crypto businesses. CoinGape reported that President Trump's attendance could raise market expectations regarding policy direction, but added that no immediate regulatory actions are expected ahead of the meeting.

Whales Buy an Additional 470 Million DOGE Over 48 Hours

Moves by large Dogecoin holders have also been detected. According to CoinGape, Dogecoin whales purchased an additional 470 million DOGE over 48 hours. This was interpreted as a sign that interest from large-scale crypto holders is growing again. DogeGod, a crypto analyst cited by CoinGape, said on the 15th (local time) that the Dogecoin they purchased is worth approximately $33 million.

CoinGape explained that, on the premise that overall demand does not decline, large-scale whale buying could help reduce the tradable supply in the market and support the price. However, it added that broader market participation is needed for sustained improvement.

RSI at 48 'Neutral'... Breaking Above $0.0720 Is Key

According to CoinGape, Dogecoin's price is moving around $0.07, consolidating after failing to sustain its recent rise above $0.0720. With trading activity remaining muted, market participants are waiting for a move outside the current price range.

Technical indicators show a neutral trend. Dogecoin's 4-hour relative strength index (RSI) stands at 48, which CoinGape described as a neutral trend with no clear momentum toward either upside or downside. The MACD remains slightly in negative territory. CoinGape projected that if this downward pressure begins to weaken, Dogecoin could attempt a recovery once again.

The price outlook is as follows. CoinGape forecast that if Dogecoin holds above $0.07, it could move toward the short-term resistance level of $0.0720. The analysis suggests that a decisive break above that price could lead to further gains toward $0.0750. Conversely, CoinGape projected that if Dogecoin fails to hold $0.07, the price could fall to the stronger support level of $0.0680.

[This article is by no means an investment recommendation. The content may be merely an opinion, so please do not use it as a reference or material for your investments. All investments are made at each individual's own discretion, and the final responsibility lies with the investor. This publication assumes no responsibility whatsoever.]