Dogecoin’s support at $0.08 remains strong as analysts anticipate a potential surge to $0.80
November 30, 2025
Dogecoin recently experienced a momentary surge above the $0.155 mark before retracting back to the $0.150 area. Since then, the cryptocurrency has exhibited sideways movement with minimal volatility, indicating subdued buying pressure. At present, Dogecoin is trading at approximately $0.1494, showing a 24-hour decline of 0.99%.
The stability of DOGE’s price is contingent upon its ability to hold the $0.08 support range, as indicated by data from analyst Ali Martinez. The Dogecoin Cost Basis Distribution Heatmap reveals that a significant number of holders accumulated their DOGE assets around the $0.08 level, establishing a robust framework for price steadiness. This concentration of buying activity at $0.08 signifies a crucial psychological and technical threshold. Investors who made purchases at this level typically reinforce their positions or refrain from selling when the price revisits this zone, bolstering the support and mitigating the risk of a substantial decline.
Conversely, Martinez identifies the $0.20–$0.21 range as a significant resistance zone characterized by a considerable concentration of cost bases above the current price. The heatmap illustrates that many DOGE holders entered the market at these higher levels, and as the price nears this region, they may be inclined to sell, break-even, or reduce their exposure, leading to strong overhead supply. Martinez emphasizes that these upper accumulation blocks serve as barriers that constrain upward momentum until a decisive breakout occurs with robust volume.
Analysis from Bitcoinsensus suggests that Dogecoin is poised for a major bullish breakout during its third accumulation phase. The chart demonstrates a recurring pattern in price action, with the cryptocurrency transitioning through periods of accumulation followed by upward price surges. Each accumulation phase has preceded substantial bullish movements, with the first resulting in a 190% surge and the second sparking a notable 480% rally. The current period of sideways trading signifies heightened investor interest and the accumulation of buying pressure, signaling the potential for a significant price upswing.
If history repeats itself, the ongoing third accumulation phase could pave the way for an even larger bullish wave, propelling DOGE towards new all-time highs approaching $0.80. The oversold conditions indicated by the RSI indicator further support the likelihood of a robust upward movement once the accumulation phase concludes. The predictable pattern of extended accumulation periods culminating in significant price surges indicates a promising outlook for investors eyeing potential gains.
In conclusion, Dogecoin’s price stability around the $0.08 support level and the mounting bullish momentum observed during its current accumulation phase underscore an optimistic scenario for the cryptocurrency’s future trajectory. With favorable technical indicators and historical patterns in play, DOGE appears to be positioned for a potentially explosive move towards higher price targets.
