The post Dogecoin activity on the rise: Will it help DOGE hold $0.19 resistance? appeared on BitcoinEthereumNews.com.

Derivatives activity spikes as Dogecoin rebounds from demand zone, targeting $0.19. Whale inflows and improving MVRV support this bullish outlook despite falling network activity. Dogecoin [DOGE] has rebounded sharply from the lower boundary of its multi-month trading channel, igniting renewed bullish sentiment.  This technical bounce coincides with a 15.78% surge in Open Interest to $2.09 billion and an explosive 402% increase in Options volume—signaling that traders are aggressively positioning for further upside.  The move suggests growing speculative interest, likely targeting the $0.19 mid-range resistance, with potential continuation toward $0.26 if momentum holds.  Source: X/Ali Strong enough to flip resistance? DOGE’s price has surged from the $0.13–$0.15 demand zone, with bullish pressure gaining traction. The Stochastic RSI has crossed above 80, indicating potential continuation of the upward trend.  However, a descending resistance line near $0.19 still caps price advancement. A daily candle close above this trendline could signal a breakout, triggering further bullish momentum.  Until then, DOGE remains in a technical squeeze between historic support and dynamic resistance.  Therefore, bulls must sustain buying pressure to challenge this overhead barrier and maintain short-term momentum toward $0.26. Source: TradingView Whale activity returns as spot inflows flip strongly positive After weeks of persistent outflows, Dogecoin recorded a net inflow of $8.23 million at the time of writing, signaling renewed whale confidence.  This influx marks a significant shift in on-chain behavior, suggesting large holders are once again accumulating.  Historically, such inflows have aligned with bullish reversals or mid-term rallies. Therefore, this positive netflow supports DOGE’s recent technical bounce and could help sustain the move toward $0.19.  However, if inflows wane again, price strength may be short-lived. For now, on-chain whale activity reflects improving sentiment. Source: Coinglass Dogecoin can unlock more upside by… Dogecoin’s MVRV Z-score has rebounded to 0.355 after dipping to near-historic lows in…

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Filed under: News - @ July 4, 2025 3:27 am