{"id":125871,"date":"2025-03-26T17:17:32","date_gmt":"2025-03-26T17:17:32","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125871"},"modified":"2025-03-26T17:17:32","modified_gmt":"2025-03-26T17:17:32","slug":"dogecoin-doge-price-set-for-55-rally-if-this-trend-keeps-up","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125871","title":{"rendered":"Dogecoin (DOGE) price set for 55% rally if this trend keeps up"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsDogecoin (DOGE) price has rallied 18% over the past three days, and it is currently the best-performing crypto among the top 30 by market capitalization over the past week.<br \/>\nData also shows DOGE producing its highest weekly returns of 2025, a feat not seen since the final week of 2024.<br \/>\nDogecoin weekly chart. Source: Cointelegraph\/TradingView7% of DOGE supply is clustered around $0.20<br \/>\nAccording to the onchain data from Glassnode, DOGE\u2019s unrealized price distribution (URPD) shows 7% of the DOGE supply is concentrated at $0.20.<br \/>\nURPD is a metric that reflects the price at which coins were last moved, and it allows investors to identify resistance and support zones based on token clusters.<br \/>\nDogecoin URPD data by Glassnode. Source: X.comWith a significant concentration at $0.20, Glassnode implied that the price level could potentially act as a resistance level. Although, the analytics firm added,<br \/>\n\u201cIf $0.20 is breached, there\u2019s little Dogecoin supply until $0.31 &#8211; the next major URPD cluster. This gap raises the probability of a sharp leg higher, as there&#8217;s not much resistance in between. Watch for breakout momentum if volume picks up.\u201d<br \/>\nA breakout push toward $0.31 highlights the potential for a substantial 55% surge from its $0.20 level, paving the way for a bullish market structure on the high time frame (HTF) chart.<br \/>\nAfter $0.20, DOGE\u2019s next resistance level lies between $0.32-$0.41, where the 3 to 6-month HODL waves reside. These HODL waves represent where investors bought DOGE in January. This might also act as a sell ceiling as some traders might look to exit their positions at break even.<br \/>\nRelated: Bitcoin price has 75% chance of hitting new highs in 2025 \u2014 Analyst<br \/>\nDogecoin breaks through a difficult bearish trendline<br \/>\nOn March 24, House of Doge announced the launch of \u201cThe Official Dogecoin Reserve\u201d with an initial purchase of 10 million DOGE tokens. The current rally occurred at the back of this news, creating a positive sentiment in the Dogecoin community.<br \/>\nHouse of Doge, the newly formed corporate wing of the Dogecoin foundation, stated in a press release,<br \/>\n\u201cWith a strategic reserve, House of Doge is laying the foundation for a payments ecosystem that ensures liquidity, stability, and reliability.\u201d<br \/>\nHowever, the foundation indicated that the purchased tokens have yet to be transferred to its holding account. House of Doge said they would provide the Reserve address on their website to uphold transparency once the transaction is complete.<br \/>\nIn light of its price breakout, Trader Tardigrade noted that Dogecoin had breached a three-month descending trendline that formed over the course of 2025.<br \/>\nDogecoin analysis by Trader Tardigrade. Source: X.comThis could potentially have a short-term bullish implication for DOGE price, as the token looks set for a relief rally over the next few days.<br \/>\nRelated: Solana&#8217;s \u2018early stage bull market\u2019 hints at 65% SOL price gains by April<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/dogecoin-doge-price-set-for-55-rally-if-this-trend-keeps-up?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsDogecoin (DOGE) price has rallied 18% over the past three days, and it is currently the best-performing crypto among the top 30 by market capitalization over the past&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125871"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125871"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125871\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125871"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}