Dogecoin News Today: Dogecoin Enters Key Accumulation Zone With Potential 100% Gain

Dogecoin has re-entered a historically significant accumulation zone, with price action currently consolidating around the $0.15–$0.22 range. This price level has historically served as a catalyst for major bullish moves in previous cycles. Most notably, in 2021, Dogecoin rebounded from this zone and surged over 10,000% to reach an all-time high of $0.73 [1]. Technical analysis indicates that the price has now aligned with the lower boundary of a long-term rising logarithmic trend channel, a pattern that has consistently led to upward breakouts in past cycles [1].

Bullish indicators are increasingly aligning for DOGE. A double-bottom reversal pattern has formed on higher timeframes, which is typically a strong buy signal. Analysts suggest that a confirmed breakout from this formation could drive the price toward the $0.46 level, representing a potential gain of over 100% from current levels [1]. Additionally, Dogecoin has been maintaining price above a key support band between $0.19 and $0.21. If this level remains intact, traders expect a continuation of upward momentum [1].

On-chain data further supports a bullish case. Large holders, or “whales,” have been accumulating over 310 million DOGE in recent weeks, a pattern often associated with future price strength [4]. The relative strength index (RSI) is currently at 44, indicating a neutral market sentiment and suggesting that neither bullish nor bearish forces are dominating at the moment [3]. Moreover, a 1,023% hourly volume spike on OKX—driven by large investor buying—has reinforced the narrative of active accumulation [1].

The current price is also consolidating between the 50-day and 200-day moving averages, with $0.21 acting as a critical resistance level. A sustained break above this level could open the path toward $0.248–$0.287. However, a drop below $0.19 could lead to a pullback toward $0.14, signaling a more bearish outcome [5]. Market observers are also keeping an eye on broader market conditions, particularly Bitcoin’s performance. Bitcoin’s current proximity to $114,844 and its ability to stay above the $104,000 support level could influence the overall risk appetite for altcoins like DOGE [6].

Looking ahead, analysts suggest that Dogecoin’s next move will depend on whether it can break above $0.21 and maintain strong on-chain accumulation. A sustained breakout would likely trigger a rally toward $0.248–$0.287 and, in the longer term, a retest of the 2021 high near $0.73 remains a possibility [1]. However, a pullback scenario is also in view, with a projected trading range between $0.145 and $0.249 expected if speculative demand weakens before 2026 [7]. Investors are advised to monitor key price levels and volume patterns as potential signals of continued momentum.

Source:

[1] Dogecoin Enters Key Buy Zone at $0.2134 With Bullish Signals Ahead of Resistance (https://blockchainreporter.net/dogecoin-enters-key-buy-zone-at-0-2134-with-bullish-signals-ahead-of-resistance/)

[2] Sharp Dogecoin (DOGE) and Remittix (RTX) pumps ... (https://www.ainvest.com/news/bitcoin-news-today-dogecoin-price-surges-2-47-1-023-volume-spike-okx-2508/)

[3] Best Crypto to Buy Now: DOGE Struggles at Resistance (https://coincentral.com/best-crypto-to-buy-now-doge-vs-5-altcoins-3/)

[4] Dogecoin News Today: Whales Buy 1 Billion DOGE as ... (https://www.ainvest.com/news/dogecoin-news-today-whales-buy-1-billion-doge-dogecoin-nears-0-20-support-zone-2508/)

[5] Dogecoin Supporters Shift Focus From $1 Dream as ... (https://coincentral.com/dogecoin-supporters-shift-focus-from-1-dream-as-experts-back-this-undervalued-crypto-for-25x-gains-in-2025/)

[6] Sharp Dogecoin (DOGE) and Remittix (RTX) pumps ... (https://coinjournal.net/news/sharp-doge-and-rtx-pumps-incoming-as-bitcoin-btc-price-targets-120-reclaim/)

[7] DOGE Price Prediction: Where Dogecoin Could Be by 2025 ... (https://finance.yahoo.com/news/doge-price-prediction-where-dogecoin-093029168.html)