If Dogecoin breaks through resistance, prices may surge
April 4, 2026
The price of Dogecoin (DOGE) has been in a prolonged downward trend, closely following the decline of Bitcoin without any significant signs of recovery. However, an analyst in the crypto market believes that this trend may soon change. The analyst has identified a crucial sell wall on the Dogecoin chart that, if breached, could potentially lead to a significant shift in the trend and propel the meme coin to higher levels.
This sell wall, located around the $0.09 mark, has been pointed out by the crypto analyst CW. In a recent post, CW highlighted that Dogecoin is currently testing the $0.09 support level, indicating its readiness to surpass this critical area. If DOGE manages to break through this support zone with strength, the analyst predicts that there may be no substantial resistance until around $1.12. This projection suggests a substantial increase of over 1,144% from the current $0.09 level.
The analyst further emphasized that such a surge in price could signify a bullish trend reversal, potentially marking the end of Dogecoin’s extended downtrend. An examination of the chart provided by the analyst reveals that Dogecoin has been moving within a descending channel since its price spike in September 2025.
Following a rally above $0.25, Dogecoin experienced a downward trajectory, dropping back to the critical support level at $0.09 during the October 2025 market liquidation event. While the coin managed to recover from this low point, it remained confined within the descending channel. With clear indications of a breakout imminent, CW suggests that once Dogecoin breaks free from this channel, a new uptrend could kick off rapidly.
Another market analyst, Osemka, shared a similar sentiment in a separate post, noting that Dogecoin’s current price action around $0.09 indicates a period of tight range-bound trading. Osemka suggested that this phase is likely to culminate in a significant move soon, either to the upside or the downside, to surpass the crucial $0.09 level.
While there remains cautious optimism in the market, with DOGE trading around $0.091, it is crucial to observe how the coin reacts to its immediate surroundings within the Exponential Moving Average (EMA) and the descending channel. Investors and traders are closely monitoring Dogecoin’s movements as a potential breakout looms, hinting at the possibility of a notable trend shift in the coming days.
