Dogecoin (DOGE) Price: 12% Surge Signals Potential Breakout From Key Accumulation Zone

TLDR

• Dogecoin price jumped 12% in one day, rebounding from the $0.10 level to around $0.14
• MACD histogram shows increasing uptrend momentum with green bars growing stronger
• Price bounced from key CVDD accumulation zone between $0.10 and $0.14
• Liquidation data shows most activity occurred between $0.140 and $0.147 price levels
• On-chain analysts suggest DOGE could reach $0.20 to $0.28 if momentum continues

Dogecoin price climbed 12% on January 4, marking one of the strongest gains among major memecoins. The token rose from approximately $0.10 to $0.14 as it rebounded from a critical price level.

The rally came after DOGE hit lows near $0.10 in late 2025. The price action showed a break above a descending trendline that had been in place since October. At that time, Dogecoin traded near $0.24 before declining steadily into year-end.

Technical indicators pointed to shifting momentum. The MACD histogram showed negative red bars shrinking from -0.02000 toward zero. At the same time, positive green bars grew from zero to around +0.01000. This pattern suggests upward momentum is building.

Trader Tardigrade noted the histogram shift on social media. The change indicates a potential weakening of bearish pressure. Price stabilized above $0.12 after the breakout occurred.

The Cumulative Value Days Destroyed channel showed Dogecoin interacting with lower multipliers. These levels include x1.618 and x1.5. The price bounced from the first blue CVDD level around $0.10.

Alphractal CEO Joao Wedson said Dogecoin entered its most important accumulation zone. The CVDD channel tracks aged capital movement in the market. Lower CVDD zones have historically served as strong support levels for DOGE.

Market Activity and Liquidations

Liquidation data from Coinglass showed heavy activity in the past 24 hours. The zone between $0.138 and $0.141 saw $4.71 million in liquidations. Most liquidations occurred between $0.140 and $0.147.

Price volatility increased during this period. Sharp drops aligned with liquidation spikes. This pattern suggests cascading sells from overleveraged positions.

Lower price levels near $0.135 showed less liquidation activity. The price moved between highs of $0.145 and lows of $0.138 during the volatile period.

Price Targets and Trading Levels

Analysts project different scenarios based on momentum. If the uptrend continues, DOGE could reach $0.20. Some analysts see potential for $0.26 to $0.28 if volume supports the move.

A MACD line crossover could trigger a rally toward $0.20. However, failure to hold current levels could see price drop to $0.08. The higher CVDD multiplier at x11 sits around $0.50.

If liquidity traps decrease, price could rise to $0.15. Continued pressure might push it down to $0.134. Market participants remain split on the near-term direction.

Dogecoin has gained over 15% in the past seven days. The token currently trades at approximately $0.1415, up more than 2% in 24 hours. The memecoin posted a 24% gain since the start of 2026.

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