Dogecoin (DOGE) Price: Traders Eye Breakout as Active Addresses Surge 176%

TLDR

• DOGE climbed above $0.10, hitting a high of $0.1013 before consolidating
• Active addresses surged 176% in one week, from 41,557 to 114,662
• Key resistance sits at $0.1020, with $0.1050 and $0.1080 as next targets
• RSI reads 57 and MACD shows a bullish crossover on the daily chart
• A failure to break $0.1020 could pull price back toward $0.0955

Dogecoin has posted solid gains this week, pushing above the $0.10 mark as broader crypto markets recover. The price hit a short-term high of $0.1013 before pulling back slightly to consolidate.

DOGE is currently trading above $0.0985 and the 100-hourly simple moving average. A bullish trend line on the hourly chart shows support forming around $0.0955.

The immediate resistance level to watch is $0.1020. A clean break above that could open the door to $0.1050, then $0.1080.

If DOGE closes above $0.1080, the next targets would be $0.1120 and potentially $0.1220 further out.

Technical Indicators Turn Positive

On the daily chart, the RSI sits at 57, above the neutral 50 level and trending upward. That points to building bullish momentum.

The MACD has also printed a bullish crossover, with rising green histogram bars backing up the price action.

DOGE is approaching the 50-day EMA at $0.102. A daily close above that level would be a bullish signal, with $0.110 as the next key zone.

The weekly resistance at $0.119 lines up with the 100-day EMA, making it a key area if the rally continues.

Network Activity Picks Up

Dogecoin’s active addresses jumped 176% in a single week, rising from 41,557 to 114,662. That kind of spike in network activity suggests more users are transacting on the chain.

Higher participation can indicate expanding demand for token transactions. Analysts note that if network activity stays elevated, it could support fresh buying interest.

DOGE was trading at $0.096 on CoinMarketCap as of March 15, up 1.36% on the day and more than 7.5% higher than the week prior.

On the downside, if DOGE fails to break $0.1020, initial support sits at $0.0995, followed by $0.0978. The main support level is at $0.0955.

A break below $0.0955 could see the price slide toward $0.0940 or even $0.0920.

Trader Tardigrade noted on March 13 that DOGE had touched a long-term historical support trendline for the third time — a level that has held for over a decade.

The 176% jump in active addresses reported on March 15 remains one of the more concrete data points supporting the current move.

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