Dogecoin Price At Make-or-Break Level, 63% Rally Incoming

Key Insights:

• Dogecoin price appears to be at a make-or-break level, and a daily candle closing above $0.2075 could pave the way for a 25% rally.
• Current market sentiment is bullish, with around 73% of top traders on Binance holding long positions.
• A crypto expert has made a bold prediction that Dogecoin could rally toward the $0.33 level.

Dogecoin price has been moving sideways for five consecutive days, but amid the ongoing market recovery, it is now inching closer to a potential 20% rally. The chart reveals that the meme coin has been consolidating after a 24% price uptick.

Expert’s Bold Dogecoin Price Prediction

Bullish speculations around Dogecoin (DOGE) have garnered massive attention from both crypto enthusiasts and experts.

Recently, a crypto expert made a bold prediction on X (Formerly Twitter). In the tweet, the expert noted that Dogecoin’s price is heading toward the $0.33 level. This post gained massive attention from crypto enthusiasts, as the price would need to rally by 63% to reach this level.

When writing, Dogecoin price traded at $0.2025, having climbed 6% over the past 24 hours. This strong and impressive price uptick boosted investor and trader participation. It led to a 12% surge in trading volume compared to the previous day.

The potential reason behind this impressive price uptick was retail rotation into altcoins, as institutional focus remains on BTC and ETH.

Meanwhile, bullish on-chain activity also supported the rally. According to a recent report shared by CoinMarketCap, Dogecoin’s active addresses surged by 990% weekly.

On-Chain Metrics Fuel the Bullish Case

Crypto traders’ interest in the meme coin has also skyrocketed. Data from the on-chain analytics tool CoinGlass revealed that the Binance DOGEUSDT long/short ratio reached 2.75. It indicated strong bullish sentiment among traders.

This metric showed that for every trader betting short, approximately 2.75 were betting long. At press time, 73.34% of Binance traders held long positions, while 26.66% were in short positions.

Besides this bullish outlook, one key factor appeared to be the resistance level around the 200-day Exponential Moving Average (EMA), which Dogecoin price has tested for an extended period.

Dogecoin Price Action and Technical Analysis

According to expert technical analysis, the Dogecoin price appeared to be in a make-or-break situation based on its past performance.

The meme coin has been facing resistance at the $0.255 level on the daily timeframe. It raised questions about whether history will repeat itself with a price drop or if DOGE price will break through the resistance and soar significantly.

The daily chart revealed that the Dogecoin price has reached that level twice since May 2025. However, it faced selling pressure and declined significantly each time.

This time, the sentiment is different, and interest from both traders and investors has surged. That appears to be a green flag for DOGE holders.

Based on recent price action, if Dogecoin breaks through the key resistance level and the 200-day EMA, it could open the path for a 25% price rally in the coming days. On the other hand, if it fails to do so, the price may continue its prolonged sideways movement.

Dogecoin traded below the 200-day EMA at press time. It suggested that the meme coin was in a downtrend. Meanwhile, the Relative Strength Index (RSI) stood at 58. It showed that Dogecoin’s price was in a neutral zone, with no immediate signs of being overbought or oversold.