Dogecoin Rockets 13%: Is the $0.36 Resistance Level Next in Its Sights?
Dogecoin (DOGE) just blasted off with a 13% surge—fueling speculation about its next move. Can the meme coin defy gravity and punch through the $0.36 resistance barrier?
The DOGE rally: More than just hype?
Traders are watching the charts as DOGE’s latest pump sparks a fresh wave of optimism. With no major catalyst beyond the usual crypto volatility, skeptics are rolling their eyes—because what’s a bull run without a little irrational exuberance?
Key level to watch: $0.36
If DOGE clears this psychological hurdle, the path could open for another leg up. But let’s be real: in crypto, today’s moon shot is tomorrow’s ‘buy the dip’ opportunity.
*Bonus jab:* Meanwhile, Wall Street still thinks Dogecoin is a joke—right up until they start offering DOGE futures.
- DOGE price surges over 13%, hitting $0.2448 with trading volume climbing to $5.97B.
- Strong on-chain support at $0.20, with the next major resistance expected at $0.36.
- Experts forecast a bullish 2025, with potential highs ranging from $0.49 to $0.74.
Dogecoin (DOGE) has achieved a remarkable 24-hour gain of 13.33%, trading at $0.2448 as of writing. Volatility skyrocketed to $5.97 billion, registering an astonishing 66.1% rise in investor interest. In the last week, Doge has gained 20.78%, establishing an unmistakable rallying momentum and creating positive sentiment around the meme-based cryptocurrency.
Crypto analyst Ali also noted a breakout through the decisive $0.20 resistance area, where many holders had previously accumulated DOGE. This is now being considered a strong support area, cushioning dips.
Analysts now focus on the next resistance in the area of $0.36, where there is a smaller but noticeable holder concentration that could stall uphill momentum. Between $0.25 and $0.36, there is barely any holder activity on the chain, and the potential still exists for a quick rally if uphill pressure persists.
Institutional Interest Fuels DOGE Optimism
More bullish sentiment is also supported by growing institutional interest. Bit Origin announced its crypto plan for $500 million, which has had exposure to DOGE, sparking speculations of adoption increases. Technical analysis is still bullish, as DOGE presented a clean breakout route and no major short-term resistance ahead of $0.25.
Crypto analysts view the development as access into wider price growth. The accumulation formation below $0.10 is still present as a historical foundation, but attention has now focused on the mid-$0.30 region, and that could plot DOGE’s Q3 trajectory.
These recent price levels of around $0.217 before the rally indicate a basis of consolidation, which has the tendency of being followed by decisive directional change.
Dogecoin 2025 Price Predictions
Predictions for 2025 vary widely but suggest continued upside potential. DigitalCoinPrice projects DOGE to potentially revisit its former high of $0.74, with a conservative target of $0.54 by year-end. This outlook is backed by a January spike to $0.42 and resilience above $0.31.
Changelly is less optimistic, forecasting DOGE’s 2025 high of $0.223 and an average of $0.269. Their forecast for July 2025 estimates buying and selling between $0.199 and $0.220, placing the current price ahead of forecasts. Assumed ROI of these forecasts, between 79% and 82%, emphasizes DOGE’s high-risk, high-reward potential.
As market momentum grows and institutional backing intensifies, Dogecoin may be positioned for a breakout year, provided it clears the resistance zones that lie ahead.
