DOGE is attracting attention as it approaches key resistance levels, fueled by strong on-chain activity and building price momentum. The confluence of the 50-day MA and the 0.236 Fibonacci level presents a significant hurdle, while sustained network engagement and positive historical correlations suggest a potential breakout.
DOGE ’s 50-day MA at $0.37128 meets 0.236 Fib level at $0.36689 – key confluence zone could spark the next major move.
Strong on-chain activity and building price momentum have many investors speculating about a breakout. The popular meme token’s price action and on-chain metrics suggest a complex setup that could determine its next major move.price has been trading near a significant resistance zone at $0.09, which has historically acted as a barrier.
The Directional Movement Index readings of 18.0543/22.8632/20.5726 suggest a neutral stance, while the Stochastic RSI at 65.95/53.34 indicates room for upside before overbought conditions. While activity has normalized, current levels remain elevated compared to Q3 2024, suggesting sustained network engagement despite price consolidation.Historically, DOGE’s price has correlated positively with spikes in active addresses.The volume profile indicates significant support clustering around $0.33015 , with additional backing at $0.28968 .
DOGE Price Prediction On-Chain Activity Resistance Levels Breakout
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