Dogecoin (DOGE) is stealing the spotlight again. The meme-inspired cryptocurrency is now trading confidently above $0.19, following a 12% gain in the past week. This performance crowns DOGE as the strongest performer among the top 30 digital assets by market cap, and analysts believe the momentum has only just begun.
DOGE Rises 18% in Three Days, Highest Weekly Return in 2025
Dogecoin has surged 18% over the last three days alone, delivering its best weekly returns since late 2024. This sharp climb has reawakened investor enthusiasm, suggesting a potential resurgence in retail and institutional interest. Analysts interpret this sudden strength as a shift in sentiment toward bullishness, with buyers stepping back into the market after a multi-week lull.
Fueling the rally further, Interactive Brokers—one of the world’s largest electronic trading platforms—has officially added Dogecoin to its list of supported cryptocurrencies. This inclusion significantly expands access for a wider class of investors. The platform now offers Dogecoin alongside Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, reinforcing DOGE’s growing presence in mainstream crypto trading.
DOGE Breaks Bearish Trendline, Triggers Technical Bullish Signal
According to technical analyst Trader Tardigrade, Dogecoin has successfully broken out of a three-month-long descending trendline. This breakout represents a notable shift in the market structure and paves the way for a relief rally in the near term. Historically, such trendline breaks often precede short- to mid-term price increases, especially when accompanied by increased volume and positive sentiment.
Onchain Data Highlights $0.20 as Make-or-Break Level
Data from Glassnode further reinforces this optimistic outlook. Analysts highlight $0.20 as a critical resistance point, where approximately 7% of the total DOGE supply has changed hands. This price level serves as a psychological and technical barrier. However, should Dogecoin decisively breach the $0.20 mark, limited sell-side pressure could create a fast track toward the next significant cluster near $0.31.
This supply gap between $0.20 and $0.31 presents a rare opportunity for a sharp price movement. If DOGE clears this hurdle, analysts anticipate a rapid 55% rally—potentially reshaping its 2025 trajectory.
Related article: Dogecoin Analyst Unveils “Heist” Strategy After Breaking Resistance Barrier
$0.22 Identified as Pivotal Level for Trend Continuation
Renowned crypto analyst Rekt Capital has pinpointed $0.22 as a critical pivot level for Dogecoin. A weekly close above this “green zone”—a previous pre-halving high—could confirm a trend reversal and propel DOGE toward higher resistance targets of around $0.28 and $0.338.
Moreover, market watcher Henry (@LordOfAlts) observes that DOGE has broken out of a multi-month falling wedge—a bullish technical pattern. This structure mirrors a 2024 setup that led to a dramatic 365% spike in DOGE’s price. If the same pattern unfolds again, the community could see targets as high as $0.50 or even $1.00 long-term.
