- Dogecoin surged 18% final week, testing key resistance at $0.20, with $0.21 seen because the breakout set off.
- Analysts eye a possible 55% rally to $0.31 if quantity helps a transfer previous $0.21; $0.177 stays key assist.
- Whale buys and technical indicators (RSI, MACD, SuperTrend) all counsel bullish momentum is quietly constructing.
Dogecoin’s been on a little bit of a heater these days. The worth shot up by 18% over the previous week, touching $0.1965 on March 26. Not dangerous for a coin that began as a joke, huh?
This was DOGE’s strongest week up to now in 2025—haven’t seen positive aspects like that since late December final 12 months. Analysts say the breakout wasn’t simply random luck. It got here proper after DOGE rejected a long-term downtrend line. That’s a giant deal for chart watchers.
DOGE Hits a Wall at $0.20—However It’s Eyeing $0.31
Proper now, DOGE is bumping its head in opposition to $0.20—a stage the place round 7% of its complete provide is sitting, in keeping with Glassnode knowledge. That’s a reasonably thick wall of resistance. Mainly, a number of of us purchased round there and would possibly need to money out.
Glassnode tracks these items utilizing one thing referred to as the URPD (Unrealized Value Distribution), and their knowledge exhibits the following main cluster of provide sits at $0.31. If DOGE can push previous $0.20 with sturdy quantity? That opens the door for a 55% bounce. Quick.
Their recommendation?
“WATCH FOR BREAKOUT MOMENTUM IF VOLUME PICKS UP.”
Easy sufficient.
Assist at $0.177 Is Holding—However $0.21 Is the Actual Check
Analyst Ali Martinez identified that DOGE’s key assist sits at $0.177. To date, it’s held. On the upside, he’s watching $0.207 as the following resistance. He’s made it clear—if DOGE can push and maintain above $0.21, that’s when issues may actually flip bullish.
Additionally, there’s this indicator referred to as the SuperTrend. As soon as DOGE breaks $0.21, it flips bullish too, in keeping with Martinez. So yeah… that $0.21 stage? Fairly vital.
Wait… Is {That a} Cup-and-Deal with on the Chart? 👀
One other dealer, @TATrader_Alan, sees one thing even larger forming. A cup-and-handle sample on the weekly chart. For these not deep in TA: that’s normally a bullish setup. And in Alan’s world, if this performs out, DOGE may—wildly sufficient—make a run towards $5.00 down the highway. Yeah, 5 bucks. Massive “if,” however hey… crypto strikes quick.
Lengthy-Time period Trendline Re-Examined—That’s Massive
Then there’s @AMCryptoAlex, who identified that DOGE lately got here again down to check its long-term assist trendline. He referred to as it a “very important technical prevalence.” Traditionally, each time DOGE hits that trendline and bounces? A serious rally tends to observe.
Merchants Are Getting Again In—OI and RSI Look Bullish
Open Curiosity (OI) for DOGE is climbing—up 3.25% within the final 24 hours. It’s sitting round $961 million now. Meaning extra merchants are opening positions, which normally indicators rising curiosity.
The RSI (Relative Power Index) is at 52.67. That’s principally impartial—however leaning only a bit bullish. Not overbought, not oversold. Simply… ready for affirmation.
CVD (Cumulative Quantity Delta) can be up—152.31 million. That exhibits shopping for stress is constructing. Oh, and the MACD? Nonetheless bullish. Histogram appears regular, with barely any momentum loss.
Home of Doge Makes a Transfer—10M DOGE Purchased for Reserve
Another factor which will have helped gasoline the rally: the Home of Doge introduced on March 24 they’re constructing a DOGE reserve. They mentioned they bought 10 million DOGE (that’s over $1.9M at present costs) to spice up liquidity and stabilize the market.
They haven’t moved the tokens but however mentioned the reserve pockets tackle will probably be printed quickly for transparency. The market appreciated the transfer—DOGE’s value bounced proper after the information.
What Now? All Eyes on $0.21
Backside line: it’s all about quantity. DOGE wants to interrupt $0.21—with energy—to set off the following leg up. If it does? Analysts say we may see a push to $0.31, possibly even $0.50 after that.
As Ali put it:
“DOGE COULD ENTER A BULLISH PHASE UPON BREAKING THE $0.21 RESISTANCE.”
On the time of writing, DOGE is at $0.1942, down a bit (0.84%) within the final 24 hours. Nothing dramatic. Simply… holding regular. Momentum’s constructing, however the true transfer hasn’t occurred but.
May very well be quickly.