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Following
BTC 
DOGE 
ETH 
SOL 
XRP DOGE remained stable above key support levels, while online activity and whale accounts continued to increase, further strengthening bullish sentiment. Trump\'s remarks about cryptocurrencies boosted market confidence and helped the prices of bitcoin and dogcoin rise. Analysts pointed out that if DOGE successfully holds support and confirms a breakthrough, the target price is expected to look at US$0.12.
Internet activity rises, bullish logic is supported
DOGE continues to adhere to the important support level of US$0.075, providing an opportunity for bulls to accumulate momentum again. The entire cryptocurrency market has also been positive over the past day. The total market value of cryptocurrencies rose 1.04% to US$2.19 trillion, with Bitcoin, Ethereum, XRP and Solana all recording small gains. This overall recovery has created a healthier market environment for memes such as dogcoin.
On-chain activity also showed positive signals. Cryptocurrency analyst Ali Charts recently reported that the number of active DOGE addresses has climbed to nearly 50,000. This growth often reflects increased online engagement. An increase in the number of active wallets often means increased demand, especially in the context of simultaneous improvement in market sentiment. At the same time, whale accounts with more than 1 billion DOGE positions held have increased their total positions to 73.85 billion positions.
The derivatives market has also confirmed the positive trend. Coinglass data showed DOGE trading volume surged 31% to $1.26 billion. Open interest fell only slightly by 0.32% to $1.04 billion, indicating that traders have not over-leveraged during the recent rally. Technical indicators are also balanced. The Relative Strength Index (RSI) is around 51.52, indicating that kinetic energy is neutral and there is still room for upside.
Support determines the direction of the next rally
Technical analysts are still closely watching several key price levels. Jesse Peralta\'s chart shows that DOGE is operating in a long-term rising channel, with current prices near the lower boundary of the channel. As long as bulls hold on to the support area of US$0.075 to US$0.076, bullish momentum is likely to continue to accumulate.
If it can successfully hold, the next target will be US$0.081, and then we will face US$0.090 and US$0.10 in turn, and finally look towards the resistance level of US$0.12. However, if current support falls short, DOGE may fall back to the US$0.070 to US$0.068 range and wait for the bulls to re-enter. Another positive sign comes from analyst Celal Kucuker, who pointed out that DOGE has recently broken through a long-term downtrend line.
The price is currently stepping back to confirm this breakthrough level. If it is successful, it will strengthen the bullish structure and may push prices to hit US$0.12 again. In addition, Trump\'s recent remarks about cryptocurrencies have also improved market sentiment. Cryptocurrency analyst Martini Guy said Bitcoin has become an asset that politicians cannot ignore.
