Dogecoin Could Reboot Soon: Rising Wallets Signal Accumulation Around Key Zones
Dogecoin has been stuck in a steep decline since early October, sliding along a downward channel that has kept sellers firmly in control. The memecoin king has fallen more than 14% in the past month and even slipped under the long-watched $0.20 resistance level. Despite this persistent weakness, on-chain activity appears to have picked up, hinting that the backdrop may not be as one-sided as the chart suggests.
In Brief
- Dogecoin struggles to reclaim the $0.20 resistance level which remains crucial for reversing the ongoing downtrend.
- Around 11.72 billion Dogecoin were previously accumulated near $0.20, making it a decisive area for market sentiment.
- Active wallets have jumped to 71,589, reaching the highest level since September as participation expands.
Dogecoin’s Crucial Price Zones Guide Near-Term Direction
Crypto analyst Ali Martinez pointed out on Thursday that $0.20 remains the major resistance Dogecoin must reclaim. He explained that roughly 11.72 billion Dogecoin were accumulated around that area, making it a decisive level for sentiment. With the token hovering near $0.13, the market is still struggling to work its way back toward that hurdle. If buyers manage to regain that zone and convert it into new support, Dogecoin could revisit the kind of rally seen in September, when it briefly touched $0.30 and posted one of its strongest moves of the year.
Providing a wider reading, analyst BitGuru noted that DOGE continues to hold above a crucial support base around $0.13. He noted that previous bull runs often began from this region and added that the token has now settled back into its mid-range, suggesting it could test $0.18 if momentum picks up. At this stage, quiet accumulation tends to build, laying the groundwork for the next upward move.
Large holders have also returned, accumulating an estimated 480 million Dogecoin as overall confidence steadies across the market. This lines up with rising activity in derivatives, where daily futures turnover has climbed to around $2.85 billion . Reinforcing this trend, Martinez reported that active wallets jumped to 71,589—the highest reading since September—suggesting that participation is widening again.
Technical Indicators Show Ongoing Pressure
Even with these improving signals, Dogecoin’s technical structure still leans bearish. The price remains far below both the 50-day and 100-day simple moving averages, showing that downward pressure dominates on short- and long-term views. The 50-day SMA continues to slope lower and sits under the 100-day SMA, reinforcing the negative trend. With both averages pointing down, the chart indicates that any attempt to revisit $0.20 would first require a convincing break above the 50-day SMA, which remains a key obstacle for buyers trying to regain control.
Dogecoin has also taken a two-track approach into traditional finance, with Grayscale and Bitwise each launching their own spot ETFs linked to the token . However, activity around the funds has stayed muted, with a cumulative total net inflow of $1.88 million over the first two weeks, indicating that engagement with the ETFs remains modest.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zcash’s Unpredictable Rise: Immediate Drivers and Future Outlook for Privacy
- Zcash (ZEC) rebounded 20% after a 55% drop, testing $375 as liquidity events and technical indicators fueled short-term optimism. - RSI/MACD signals suggest potential $475 breakout if bulls reclaim $375, though ZEC remains 57% below its 2025 peak. - Institutional adoption grows with Grayscale Zcash Trust assets surging 228%, driven by optional privacy tech attracting both retail and institutional users. - Regulatory scrutiny under MiCA and FinCen rules, plus Zcash's hybrid privacy model vs. Monero/Dash,

Zcash Halving and Its Impact on the Cryptocurrency Market
- Zcash’s 2028 halving will reduce block rewards by 50%, mirroring Bitcoin’s scarcity-driven model. - Historical data shows pre-halving price surges, fueled by FOMO and social media-driven hype cycles. - Behavioral economics highlight crypto markets’ reliance on narratives over fundamentals, with sentiment driving 30% of short-term price swings. - Zcash faces adoption challenges despite robust privacy tech, as regulatory uncertainty and competition limit its market share growth. - The 2028 event tests whet

Algo Slips 0.22% as Market Volatility and Investor Lawsuits Intensify
- ALGO fell 0.22% on Dec 7, 2025, marking a 60.15% annual decline amid broader market turbulence. - Investor lawsuits against Alvotech (ALVO) and agilon health (AGL) triggered 34-51.5% stock drops over alleged misrepresentations. - Rising litigation in healthcare/biotech sectors highlights investor demands for corporate transparency and regulatory compliance. - ALGO's decline reflects sector-wide risk aversion rather than direct legal ties, with analysts predicting prolonged caution until regulatory clarit

The Importance of Teaching Financial Skills Early for Lasting Wealth Accumulation
- Early financial education reduces cognitive biases like anchoring and overconfidence, improving investment decisions and wealth accumulation. - College-level programs enhance critical thinking, leading to measurable outcomes like higher credit scores and reduced debt in states like Georgia and Texas. - Long-term benefits include compounding returns, with Utah and Chile showing increased savings rates and retirement planning due to mandatory financial literacy. - Addressing systemic gaps, educated investo

