• bitcoinBitcoin(BTC)$104,455.000.29%
  • ethereumEthereum(ETH)$2,514.420.99%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.150.83%
  • binancecoinBNB(BNB)$642.430.29%
  • solanaSolana(SOL)$144.64-0.21%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2732521.62%
  • dogecoinDogecoin(DOGE)$0.1689871.73%
  • staked-etherLido Staked Ether(STETH)$2,512.861.03%
  • cardanoCardano(ADA)$0.60-0.08%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$104,479.000.45%
  • HyperliquidHyperliquid(HYPE)$36.88-3.17%
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  • the-open-networkToncoin(TON)$2.942.66%
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  • shiba-inuShiba Inu(SHIB)$0.0000120.42%
  • WETHWETH(WETH)$2,515.631.21%
  • Wrapped eETHWrapped eETH(WEETH)$2,694.741.54%
  • litecoinLitecoin(LTC)$85.021.18%
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  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$104,473.000.29%
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  • Pi NetworkPi Network(PI)$0.530.49%
  • aaveAave(AAVE)$259.770.87%
  • daiDai(DAI)$1.000.03%
  • okbOKB(OKB)$53.2611.33%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.180.03%
  • BittensorBittensor(TAO)$353.523.28%
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  • aptosAptos(APT)$4.432.94%
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  • internet-computerInternet Computer(ICP)$5.01-0.07%
  • nearNEAR Protocol(NEAR)$2.173.15%
  • Jito Staked SOLJito Staked SOL(JITOSOL)$174.96-0.08%
  • sUSDSsUSDS(SUSDS)$1.060.01%
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  • gatechain-tokenGate(GT)$15.470.87%
  • Official TrumpOfficial Trump(TRUMP)$9.301.01%
  • vechainVeChain(VET)$0.0214981.98%
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  • cosmosCosmos Hub(ATOM)$4.001.21%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$104,532.000.62%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.697.45%
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  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.188436-0.09%
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  • Jupiter Perpetuals Liquidity Provider TokenJupiter Perpetuals Liquidity Provider Token(JLP)$4.350.10%
  • first-digital-usdFirst Digital USD(FDUSD)$1.000.03%
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  • USDtbUSDtb(USDTB)$1.00-0.01%
  • quant-networkQuant(QNT)$99.350.62%
  • kucoin-sharesKuCoin(KCS)$11.04-0.11%
  • Binance Staked SOLBinance Staked SOL(BNSOL)$153.18-0.02%
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  • Mantle Staked EtherMantle Staked Ether(METH)$2,683.801.28%
  • xdce-crowd-saleXDC Network(XDC)$0.0577570.44%
  • bitcoinBitcoin(BTC)$104,455.000.29%
  • ethereumEthereum(ETH)$2,514.420.99%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.150.83%
  • binancecoinBNB(BNB)$642.430.29%
  • solanaSolana(SOL)$144.64-0.21%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2732521.62%
  • dogecoinDogecoin(DOGE)$0.1689871.73%
  • staked-etherLido Staked Ether(STETH)$2,512.861.03%
  • cardanoCardano(ADA)$0.60-0.08%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$104,479.000.45%
  • HyperliquidHyperliquid(HYPE)$36.88-3.17%
  • Wrapped stETHWrapped stETH(WSTETH)$3,036.781.32%
  • bitcoin-cashBitcoin Cash(BCH)$483.264.56%
  • suiSui(SUI)$2.801.86%
  • leo-tokenLEO Token(LEO)$8.94-2.57%
  • stellarStellar(XLM)$0.2497251.02%
  • avalanche-2Avalanche(AVAX)$17.84-2.35%
  • the-open-networkToncoin(TON)$2.942.66%
  • whitebitWhiteBIT Coin(WBT)$49.572.75%
  • USDSUSDS(USDS)$1.000.00%
  • shiba-inuShiba Inu(SHIB)$0.0000120.42%
  • WETHWETH(WETH)$2,515.631.21%
  • Wrapped eETHWrapped eETH(WEETH)$2,694.741.54%
  • litecoinLitecoin(LTC)$85.021.18%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.000.09%
  • hedera-hashgraphHedera(HBAR)$0.1461330.36%
  • moneroMonero(XMR)$318.58-0.07%
  • Ethena USDeEthena USDe(USDE)$1.000.09%
  • polkadotPolkadot(DOT)$3.57-1.40%
  • bitget-tokenBitget Token(BGB)$4.260.05%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$104,473.000.29%
  • uniswapUniswap(UNI)$7.665.70%
  • pepePepe(PEPE)$0.0000103.60%
  • Pi NetworkPi Network(PI)$0.530.49%
  • aaveAave(AAVE)$259.770.87%
  • daiDai(DAI)$1.000.03%
  • okbOKB(OKB)$53.2611.33%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.180.03%
  • BittensorBittensor(TAO)$353.523.28%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • aptosAptos(APT)$4.432.94%
  • crypto-com-chainCronos(CRO)$0.0902603.02%
  • internet-computerInternet Computer(ICP)$5.01-0.07%
  • nearNEAR Protocol(NEAR)$2.173.15%
  • Jito Staked SOLJito Staked SOL(JITOSOL)$174.96-0.08%
  • sUSDSsUSDS(SUSDS)$1.060.01%
  • ethereum-classicEthereum Classic(ETC)$16.492.02%
  • OndoOndo(ONDO)$0.775.47%
  • Tokenize XchangeTokenize Xchange(TKX)$29.45-1.27%
  • USD1USD1(USD1)$1.00-0.11%
  • mantleMantle(MNT)$0.6311.14%
  • fasttokenFasttoken(FTN)$4.41-0.26%
  • gatechain-tokenGate(GT)$15.470.87%
  • Official TrumpOfficial Trump(TRUMP)$9.301.01%
  • vechainVeChain(VET)$0.0214981.98%
  • kaspaKaspa(KAS)$0.0693660.95%
  • cosmosCosmos Hub(ATOM)$4.001.21%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$104,532.000.62%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.697.45%
  • SkySky(SKY)$0.0821912.09%
  • EthenaEthena(ENA)$0.2868765.62%
  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.188436-0.09%
  • render-tokenRender(RENDER)$3.224.20%
  • filecoinFilecoin(FIL)$2.350.39%
  • USDT0USDT0(USDT0)$1.00-0.03%
  • Binance-Peg WETHBinance-Peg WETH(WETH)$2,516.391.35%
  • worldcoin-wldWorldcoin(WLD)$0.935.06%
  • arbitrumArbitrum(ARB)$0.3020083.34%
  • Jupiter Perpetuals Liquidity Provider TokenJupiter Perpetuals Liquidity Provider Token(JLP)$4.350.10%
  • first-digital-usdFirst Digital USD(FDUSD)$1.000.03%
  • algorandAlgorand(ALGO)$0.1689481.24%
  • USDtbUSDtb(USDTB)$1.00-0.01%
  • quant-networkQuant(QNT)$99.350.62%
  • kucoin-sharesKuCoin(KCS)$11.04-0.11%
  • Binance Staked SOLBinance Staked SOL(BNSOL)$153.18-0.02%
  • SPX6900SPX6900(SPX)$1.374.17%
  • nexoNEXO(NEXO)$1.210.01%
  • rocket-pool-ethRocket Pool ETH(RETH)$2,864.171.39%
  • JupiterJupiter(JUP)$0.4005764.85%
  • flare-networksFlare(FLR)$0.0175210.95%
  • Kelp DAO Restaked ETHKelp DAO Restaked ETH(RSETH)$2,633.861.37%
  • injective-protocolInjective(INJ)$11.448.67%
  • CelestiaCelestia(TIA)$1.640.66%
  • Virtuals ProtocolVirtuals Protocol(VIRTUAL)$1.674.54%
  • bonkBonk(BONK)$0.0000144.59%
  • FartcoinFartcoin(FARTCOIN)$1.06-0.58%
  • sei-networkSei(SEI)$0.18667713.38%
  • SonicSonic(S)$0.3198791.89%
  • Polygon Bridged USDT (Polygon)Polygon Bridged USDT (Polygon)(USDT)$1.00-0.01%
  • Binance Bridged USDC (BNB Smart Chain)Binance Bridged USDC (BNB Smart Chain)(USDC)$1.000.05%
  • KaiaKaia(KAIA)$0.1696586.48%
  • optimismOptimism(OP)$0.564.60%
  • ABAB(AB)$0.015037-1.39%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • blockstackStacks(STX)$0.613.67%
  • Mantle Staked EtherMantle Staked Ether(METH)$2,683.801.28%
  • xdce-crowd-saleXDC Network(XDC)$0.0577570.44%

Dogecoin (DOGE) has seen a dramatic price decline of over 70% since reaching $0.48 in December 2024. However, the largest holders of the memecoin are taking advantage of this drop, accumulating more DOGE and signaling confidence in a potential rebound.

Onchain Metrics Suggest a Price Recovery

Despite the recent downtrend, onchain data from Santiment suggests that Dogecoin may be gearing up for a comeback. Wallets holding at least 1 million DOGE have increased by 1.24% since early February, even as prices continued to decline.

DOGE/USD weekly price chart. Source: TradingView
DOGE/USD weekly price chart. Source: TradingView

At the same time, active addresses on the network have surged to a four-month high, indicating rising engagement and potential retail interest. Historically, an increase in large-holder accumulation combined with higher network activity often signals undervaluation and a potential price reversal.

This trend mirrors a similar pattern observed before DOGE’s 200%+ rally in November 2024, suggesting that the memecoin could be preparing for another surge.

Oversold Conditions Hint at 30% Rally

Dogecoin is currently testing a critical support level, formed by a multi-year ascending trendline. This level has historically triggered strong bullish reversals and aligns with the 200-week exponential moving average (200-week EMA) at approximately $0.13.

Additionally, the Stochastic RSI—an indicator measuring momentum and overbought/oversold conditions—has formed a bullish crossover in the oversold region, below the 0.30 reading.

  • This indicator suggests that selling pressure is easing, creating conditions for a potential price rebound.
  • In past cycles, similar signals have preceded a 400% rally in 2024 and an 88% increase in 2023.

Key Resistance and Downside Risks

If the bullish outlook holds, DOGE’s first major resistance level lies near $0.22, aligning with its 50-week EMA and the March-April 2024 resistance area.

DOGE/USD weekly price chart. Source: TradingView
DOGE/USD weekly price chart. Source: TradingView

However, if Dogecoin fails to hold its current support confluence, the bullish setup could be invalidated. This could lead to a deeper correction towards $0.12, a support level from the March-May 2024 period.

For now, Dogecoin’s largest investors appear to be betting on a strong recovery, but whether the memecoin can sustain upward momentum depends on broader market conditions and continued user engagement.

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