Dogecoin Rockets Beyond $0.20 — Is $0.36 or Even $0.54 Next?

TL;DR

• Dogecoin climbs 14% in 24 hours, clearing $0.20 resistance with rising buying and selling quantity and momentum.
• On-chain information signifies weak resistance forward, with $0.36 as the subsequent main zone of focus for holders.
• Chart breakout from falling wedge helps bullish transfer, with targets close to $0.54 underneath watch.
• Bit Origin’s $500M DOGE treasury plan and meme coin market development increase investor confidence.

Dogecoin Breaks Via $0.20 Resistance

Dogecoin moved from $0.21 to $0.24 over a 24-hour stretch ending July 18. The buying and selling vary spanned from $0.205 to $0.25, reflecting an 18% worth swing. It posted a 14% acquire in that point. During the last seven days, the worth rose by 23%.

Specifically, buying and selling quantity hit $16.8 billion, pointing to heavy exercise. Whale accumulation and rising institutional curiosity are driving demand. The meme coin market total added $17 billion in July, pushing its market cap to $72 billion.

Crypto analyst Ali Martinez famous that Dogecoin has moved above the $0.20 resistance and outlined the subsequent potential goal. 

As Dogecoin $DOGE overcomes the $0.20 resistance barrier, the subsequent key hurdle to observe is $0.36! pic.twitter.com/bs1oQER1Xt

— Ali (@ali_charts) July 18, 2025

Blockchain information confirms this space as a probable problem as a result of prior shopping for exercise concentrated round that degree.

Skinny Resistance Between $0.21 and $0.36

In accordance with the Glassnode chart supplied by the identical analyst, the biggest group of DOGE holders acquired their tokens close to $0.207, totaling 11 billion cash, about 7.3% of the provision. That zone had acted as a serious cap on the worth. With the asset now buying and selling above it, consideration is shifting upward.

In the meantime, the subsequent high-volume holding zone is round $0.36, with 5.64 billion DOGE (3.8% of the provision) bought close to that vary. Between $0.21 and $0.36, the information exhibits little focus of holders, that means there are fewer possible promote factors on this vary.

CW commented, 

“$DOGE is about to achieve the promote wall zone. If it breaks by means of the promote wall that exists till $0.293, there might be no extra promote partitions.” 

The $0.293 degree might function a brief cap earlier than any potential transfer larger.

Chart Sample Alerts Breakout

Dogecoin has additionally damaged out of a falling wedge on the 2-day chart. This sample has usually marked development shifts prior to now. The breakout occurred across the $0.20 degree, which now acts as assist.

Captain Faibik posted, 

$DOGE #Dogecoin King of Memecoins is about to go PARABOLIC pic.twitter.com/GYLfJgYkjO

— Captain Faibik (@CryptoFaibik) July 18, 2025

Their chart initiatives a attainable goal close to $0.5347, over double the present worth.

DOGE’s rally comes as Bit Origin announces a $500 million capital plan to create a Dogecoin treasury. This consists of fairness and debt financing. Open curiosity in Dogecoin-linked merchandise can be climbing.