In a promising turn of events, Dogecoin (DOGE) has shown significant strength in the market, with a notable increase in whale-tier transactions. Over the past 24 hours, a staggering 6.52 billion DOGE have been transacted, indicating a surge in investor interest. This upswing has propelled Dogecoin to reach a weekly high, sparking hope among investors that the cryptocurrency may be poised for a comeback.

Despite this encouraging development, Dogecoin's price movement remains modest, gradually trending upward but lacking the momentum needed to break through the crucial resistance level of $0.174. This hurdle has proven challenging for the cryptocurrency to overcome, and it remains to be seen whether the current uptrend will be sufficient to propel Dogecoin beyond this point.

The recent surge in whale-tier transactions suggests that high-volume investors are taking notice of Dogecoin's potential, which could be a significant driver of growth for the cryptocurrency. However, it is essential to exercise caution and conduct thorough research before making any investment decisions, as the cryptocurrency market is known for its volatility.

In conclusion, while Dogecoin's recent performance shows promise, it is still uncertain whether it will be enough to overcome the upcoming resistance level. Investors should remain vigilant and keep a close eye on market developments before making any moves.