#DOGE Official Reserve Plan#
There Is a Great Rise Expectation in Dogecoin Price: Pay Attention to These!
Dogecoin (DOGE) has gained significant momentum in recent days, and market trends are working in favor of the cryptocurrency. Analysts suggest that if DOGE maintains the $0.20 level as support, the price could increase by 55%.
The performance of Dogecoin in recent weeks
The price of DOGE has risen by 18% in the last three days and has become the best performing asset among the top 30 cryptocurrencies by market capitalization. It achieved unprecedented success since the last week of 2024, providing the highest weekly returns throughout 2025.
7% of the DOGE supply is concentrated at the $0.20 level. The Unrealized Profit Distribution (URPD) data helps investors identify resistance and support levels by showing the prices at which the coins were last moved.
According to the analysis, if the level of $0.20 is surpassed, it is likely that the price of DOGE will show a sharp rise up to $0.31. This is because there is no strong resistance point between these levels. If the volume increases, an upward breakout may occur, and the price could rise rapidly.
The next resistance points for DOGE
The largest resistance areas for Dogecoin above $0.20 are found in the $0.32-$0.41 range. These levels draw attention as areas where investors who bought DOGE 3 to 6 months ago are located. This situation indicates that some investors may be inclined to sell at the breakeven point.
As of March 2025, DOGE has shown signs of an upward trend, breaking the long-standing bear market trend. On March 24, House of Doge announced the launch of the "Official Dogecoin Reserve" with the acquisition of 10 million DOGE. This development has created significant optimism within the Dogecoin community.
House of Doge stated that it aims to provide liquidity, stability, and reliability to the Dogecoin ecosystem with its reserve creation strategy. However, it was announced that the DOGEs acquired have not yet been transferred to the holding account and that the reserve address will be shared later to ensure transparency.
According to Trader Tardigrade, Dogecoin has broken the three-month downward trend line that formed throughout 2025. This indicates that there may be a relief rally in the DOGE price in the short term. With an increase in volume in the coming days, further rises in the Dogecoin price could be observed.
