Dogecoin is heating up again. The meme coin has surged to $0.2448, gaining 13.33% in just 24 hours. With a trading volume of $5.97 billion, up a massive 66.1%, DOGE is capturing fresh interest from both retail and institutional players. Over the past week, the coin’s value rose by 20.78%, showing a steady climb rather than a random spike.
Crypto analyst Ali pointed out that DOGE’s breakout past the $0.20 mark is a major technical win. On-chain data supports this claim, showing dense support from holders at the $0.20 level. Beyond that point, the path seems clearer, with limited selling pressure until resistance appears around $0.36. It’s a zone traders are now eyeing closely.
Accumulation Signals and Institutional Fuel
A major accumulation point is around $0.10, where long-term investors have been keeping their tokens. This is an expression of belief regarding the long-run future of DOGE. There is active trading around $0.20 and $0.25, but above that, that tapers off. This gap, however, can also be used as that price tunnel, helping DOGE its way up.
Institutional interest is adding fuel to this rally. Bit Origin’s $500 million investment plan is creating buzz and building trust among major investors. Momentum is building. As trading volume and confidence grow, DOGE might test the $0.36 resistance sooner than expected. If it breaks past that, a new price range will open.
Bullish DOGE Price Prediction for 2025
DigitalCoinPrice offers a bullish forecast for 2025. Analysts predict DOGE could touch $0.54 before the year’s end. In fact, a surge toward its previous high of $0.74 is not off the table. Market leaders say DOGE may hover between $0.49 and $0.54 once it gains a solid foothold. If momentum holds, breaking all-time highs could become reality.
Changelly provides a more conservative outlook. Their technical analysis of the 2025 highest value of DOGE is just $0.223, and an average of $0.269. For July of 2025, they forecast between $0.199 and $0.220. Even using conservative numbers, though, the return on investment is approximately 80%. There is still hope, even for a more tempered market.
