Dogecoin Price Targets $0.10 Breakout with 176% Spike in Active Addresses
March 15, 2026
Dogecoin’s price is currently hovering around $0.09556, displaying a stable upward trajectory following a bounce back from the $0.094 mark. Demonstrating growing buying pressure, the cryptocurrency has seen a 1.04% increase in value over the last 24 hours, indicating an improvement in short-term market sentiment. With a market capitalization close to $14.66 billion and a 24-hour trading volume of approximately $757 million, Dogecoin boasts robust liquidity and active trader engagement in their efforts to dominate the ongoing trend.
Analyst Ali Martinez has noted a significant surge in on-chain activity within the Dogecoin network over the past week. Active addresses have skyrocketed by an impressive 176%, soaring from 41,557 to 114,662. This surge illustrates a substantial increase in user engagement across the platform. During this period, Dogecoin has been trading around $0.09, showcasing a consistent level of market interest as more wallets interact with the blockchain.
The rise in daily active users is evident from the chart, with the latest bar reaching the highest level recorded in the dataset. Heightened network activity often indicates a surge in transaction demand and a rise in community involvement. The surge in address activity can potentially foreshadow price volatility as trading interest intensifies. Sustained elevated participation, coupled with Dogecoin’s stability around the $0.09 range, could lead to enhanced liquidity and a revival of bullish sentiment within the market.
In a related development, technical analysis by Trader Tardigrade suggests that Dogecoin is currently testing its ascending support trendline on the 4-hour chart. The cryptocurrency is hovering around $0.095 following a recent retreat from the $0.10 range. The chart depicts several successful rebounds from this rising support line. Each bounce has historically propelled Dogecoin higher, confirming the existence of a short-term uptrend.
Should this support level hold once again, the bullish market structure may remain intact. A strong rebound near $0.095 could trigger another upward movement towards the $0.10–$0.11 zone. Conversely, a break below this trendline could weaken momentum and invite further consolidation. At present, the ascending support remains a critical pivot point that could determine Dogecoin’s future trajectory.
