The post Analyst Predicts 50% Dogecoin Price Breakout As DOGE Clears Key Resistance appeared on BitcoinEthereumNews.com.

Key Insights: Dogecoin price broke triangle resistance and now targets $0.293 and $0.36 next. On-chain data shows low supply above $0.20, with $0.36 as the final resistance zone. Bit Origin plans to buy $500M in DOGE, making it the first U.S. treasury adopter. Dogecoin price broke through a key resistance zone this week, validating a major technical setup. Analysts have now shifted their focus to $0.293 and $0.36 as the next potential upside targets. The breakout also coincided with institutional news that may accelerate Dogecoin long-term price adoption. Dogecoin Price Surges After Trendline Breakout Analyst Ali posted that Dogecoin price is heading toward a critical supply zone at $0.36. According to his chart, which relied on Glassnode UTXO indicators, the highest amounts of realized volume currently lie beneath $0.20. As price increases, resistance decreases with fewer coins bought at a price higher than that zone. DOGE: URPD Chart | Source: X The analysis showed that the last cluster of the large-volume holders is in the $0.36 area. Beyond this level, the supply curve flattens, thereby lowering selling pressure. DOGE price could then shift into a higher trading range if buyers remain in control. Previous resistance levels were already cleared by the action above the $0.20 mark. On-chain distribution of volume indicates that price discovery could speed up beyond $0.30. Dogecoin rallied 12% in the past 24 hours, trading at $0.2361 at press time. Analysts now view $0.293 as the next technical test, which could open the way for a 50% surge toward $0.36 target. Sell Wall at $0.293 Could Trigger Rapid Acceleration Meanwhile, CW shared a sell wall chart indicating Dogecoin price is approaching major liquidity zone. In his analysis, he showed that the last heavy resistance block is between $0.27 and $0.293. This area has consistently served as a…

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Filed under: News - @ July 19, 2025 2:28 am