Dogecoin

Fuel

Momentum

<p>Dogecoin (DOGE) price surged 18% over the past week, hitting $0.1965 on March 26. The memecoin outperformed the broader market and now shows early signs of entering a bullish trend.</p> 
<p>The breakout followed a rejection of its multi-month descending trendline. This marked its highest weekly return in 2025, last seen in late Dec. 2024. </p> 
<p>Analysts attributed the rally to a combination of technical strength, on-chain data, and growing investor engagement.</p> 
<h2 class="wp-block-heading" id="h-dogecoin-price-hits-supply-wall-at-0-20-eyes-0-31-next"><strong>Dogecoin Price Hits Supply Wall at $0.20, Eyes $0.31 Next</strong></h2> 
<p><a href="https://www.thecoinrepublic.com/2025/03/10/assessing-the-odds-of-a-dogecoin-price-rally-to-1-amid-360m-doge-transfer/">DOGE</a> currently faces resistance at the $0.20 level, where 7% of its supply sits, according to Glassnode. </p> 
<p>This concentration, tracked using Unrealized Price Distribution (URPD), marks a key decision point.</p> 
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  <img loading="lazy" decoding="async" width="1024" height="576" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-1024x576.png" alt="" class="wp-image-1096918" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-1024x576.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-300x169.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-768x432.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-1536x864.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-150x84.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-696x392.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992-1068x601.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-992.png 1800w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Coinglass/X
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<p>Glassnode data suggests that once Dogecoin price clears $0.20, the next supply cluster lies at $0.31. </p> 
<p>That gap increases the chance of a quick 55% move, provided volume supports the breakout. As per Glassnode’s observations, </p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>“Watch for breakout momentum if volume picks up.” </p> 
</blockquote> 
<h2 class="wp-block-heading" id="h-dogecoin-price-tests-support-while-eyeing-critical-breakout-zone"><strong>Dogecoin Price Tests Support While Eyeing Critical Breakout Zone</strong></h2> 
<p>Analyst Ali Martinez flagged $0.177 as Dogecoin price’s main support level. He also pointed to $0.207 as immediate resistance, warning that bulls need a clean break above $0.21 to confirm any upward momentum.</p> 
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  <img loading="lazy" decoding="async" width="1024" height="831" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-1024x831.png" alt="" class="wp-image-1096923" style="width: 100%;height:auto" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-1024x831.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-300x243.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-768x623.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-1536x1246.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-150x122.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-696x565.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994-1068x866.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-994.png 1568w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Ali Martinez/X
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<p>In a separate post, Martinez said the SuperTrend indicator would flip bullish once DOGE clears $0.21. The token currently trades just below that threshold.</p> 
<p>Technical analyst TATrader_Alan noted a large cup-and-handle structure forming on DOGE’s macro chart. </p> 
<p>He argued the setup could pave the way for a move toward $5.00—if the coin breaks the $0.21–$0.31 resistance band.</p> 
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  <img loading="lazy" decoding="async" width="1024" height="971" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-1024x971.png" alt="" class="wp-image-1096934" style="width: 100%;height:auto" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-1024x971.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-300x284.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-768x728.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-1536x1456.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-150x142.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-696x660.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996-1068x1012.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-996.png 1846w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   DOGE/USD 1-week price chart. Source: X
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<p>Meanwhile, AMCryptoAlex said Dogecoin price recently retested its long-term support trendline. </p> 
<p>He called it “a vital technical occurrence,” adding that this level has historically marked the start of major rallies.</p> 
<h2 class="wp-block-heading" id="h-open-interest-and-rsi-confirm-bullish-bias"><strong>Open Interest and RSI Confirm Bullish Bias</strong></h2> 
<p>Open interest for Dogecoin rose by 3.25% in the last 24 hours. Data from Coinalyze shows OI currently stands at $961 million, indicating increased trader engagement.</p> 
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  <img loading="lazy" decoding="async" width="1024" height="399" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-1024x399.png" alt="" class="wp-image-1096944" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-1024x399.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-300x117.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-768x300.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-1536x599.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-150x59.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-696x271.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998-1068x417.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-998.png 1600w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
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   Dogecoin Open Interest. Source| Coinalyze
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 </figure>
</div> 
<p>The Relative Strength Index (RSI) is at 52.67, suggesting balanced momentum with a slight bullish tilt. </p> 
<p>The Cumulative Volume Delta (CVD) also climbed to 152.31 million, implying stronger buying pressure.</p> 
<p>Meanwhile, the Moving Average Convergence Divergence (MACD) for Dogecoin price remains in bullish territory. The histogram shows minimal momentum loss, hinting at sustained upside.</p> 
<h2 class="wp-block-heading" id="h-house-of-doge-s-reserve-initiative-boosts-sentiment"><strong>House of Doge’s Reserve Initiative Boosts Sentiment</strong></h2> 
<p>The rally followed news from March 24 that the House of Doge had launched an official <a href="https://www.thecoinrepublic.com/2025/03/19/dogecoin-price-gearing-up-for-a-big-move-what-next/">DOGE reserve</a>. </p> 
<p>The group announced the purchase of 10 million DOGE tokens to promote liquidity and market stability.</p> 
<p>The foundation has yet to transfer the tokens but said it would release the reserve address for transparency.</p> 
<p>Market sentiment reacted positively to the news, helping push DOGE above its three-month descending trendline.</p> 
<h2 class="wp-block-heading" id="h-doge-needs-volume-to-confirm-next-leg"><strong>DOGE Needs Volume to Confirm Next Leg</strong></h2> 
<p>For now, the focus remains on $0.21. If Dogecoin price breaks above that level on strong volume, analysts expect price discovery toward $0.31, then possibly $0.50. Ali said,</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>“DOGE could enter a bullish phase upon breaking the $0.21 resistance.”</p> 
</blockquote> 
<p>DOGE trades at $0.1942 at the time of writing, showing 0.84% decrease. Momentum continues to build.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2025/03/27/dogecoin-price-eyes-0-50-whale-clusters-fuel-bullish-momentum/">Dogecoin Price Eyes $0.50, Whale Clusters Fuel Bullish Momentum</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

Dogecoin Price Eyes $0.50, Whale Clusters Fuel Bullish Momentum

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