The post DOGE Price Eyes Breakout as Hodlers Refuse to Sell appeared on BitcoinEthereumNews.com.

Leading meme coin Dogecoin (DOGE) has surged 21% over the past week, riding on improvements in broader market sentiment and renewed investor confidence.  On-chain data reveals a consistent pattern of hodling among long-term investors. This behavior signals conviction and hints at the likelihood of a sustained uptrend.  Sponsored Sponsored Dogecoin Holders Lock In One key metric highlighting this renewed optimism is the coin’s liveliness, which measures the extent to which long-term holders (LTHs) are spending their coins.  According to Glassnode, DOGE’s liveliness has plunged steadily over the past month. The move points to a sharp slowdown in selloffs among these investors. As of this writing, the metric is 0.705, suggesting that many long-held DOGE have become dormant.  For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Dogecoin Liveliness. Source: Glassnode This supports the narrative of a conviction-led holding, which could help DOGE record more gains in the short term. Moreover, DOGE’s Hodler Net Position Change has recorded a steady uptick since September 7. Thus, confirming that more coins are being moved into long-term storage. Dogecoin Hodler Net Position Change. Source: Glassnode Sponsored Sponsored According to Glassnode, this metric tracks the net position of long-term holders over a given period, measuring whether investors are increasing or reducing their exposure. A positive reading indicates that more coins are being transferred into hodler wallets. For DOGE, this is a bullish trend, as it reduces the available supply in circulation and reflects a vote of confidence from committed investors.  Can Holders Push Past $0.29 Before a Pullback? This wave of accumulation strengthens the case for continued upside momentum. If the trend persists, it could propel DOGE past the resistance at $0.29 and toward $0.33, a high it last reached in January.  However, daily…

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Filed under: News - @ September 15, 2025 7:22 pm