DOGE Price Analysis: Analyst Foresees a Rally to $0.36 if $0.29 Resistance is Broken
Highlights:
- Dogecoin price has pumped 3% over the past week to $0.27.
- Whales have garnered over 158 million DOGE.
- Crypto analyst Ali Martinez foresees a rally to $0.36 and beyond if $0.29 resistance is broken.
The Dogecoin price is nearing a key level as it has surged 3% over the past week to $0.27. Recently, REX-Osprey has become the first to issue exchange-traded funds (ETFs) in the cryptocurrency market. They include Dogecoin (DOGE) and XRP (XRP) ETFs. This fresh occurrence may lead to a huge influx of liquidity in the marketplace. This is because more investors are accessing cryptocurrencies through the conventional financial markets. The introduction of these ETFs is regarded as a move in the direction of bringing digital assets to mainstream finance.
BREAKING: REX-Osprey officially launches $DOGE and $XRP ETFs.
More Liquidity will flow in.🔥 pic.twitter.com/t8LopRr9Qt
— Conor Kenny (@conorfkenny) September 18, 2025
The decision of REX-Osprey to introduce such ETFs is timed when the interest in cryptocurrency-related financial tools is on the rise. This is among institutional investors that expect to invest in less risky and securitized options to interact with digital assets. This would lend more credibility to Dogecoin and XRP, which have already faced challenges in gaining mainstream acceptance. When the money is pumped into the market, it may result in further interest in these tokens, increasing their value and adoption.
Whales’ Action Triggers DOGE Price Boom
There is a DOGE price explosion that is now underway, which has been partly caused by massive whale action. According to the latest data, whales have bought more than 158 million Dogecoin. This indicates that the interest in large-scale investment is increasing significantly. The chart suggests that DOGE has been trading within the areas of major support and resistance, and the price has recently shot past a significant resistance zone.
Whales bought over 158 million Dogecoin $DOGE! pic.twitter.com/9mURge5gMF
— Ali (@ali_charts) September 19, 2025
This bullish feeling is also reinforced by the technical indicators since the price of Dogecoin recently broke the 50-day moving average (MA), which is at 0.23. The current price is showing a good upward trend with the 200-day MA of 0.1990.
The RSI (Relative Strength Index) currently stands at 59.64, indicating that the price has not yet reached an overbought position. This gives the bulls room for more upside. There is also a positive momentum of the MACD (Moving Average Convergence Divergence), indicating that DOGE is likely to keep rising in the near future.
Can Dogecoin Price Break Above $0.29 Resistance?
In the short term, Dogecoin’s price could test support around $0.25 if this dip continues. A break below that might send it toward $0.23, a level to watch keenly. On the other hand, if the bulls push past the $0.29 resistance, there could be a surge toward $0.36 and possibly even $0.45, according to Ali Martinez. The current consolidation and rising SMAs suggest a potential bounce, but the 3% weekly surge shows growing hype in the market.
Breaking $0.29 will send Dogecoin $DOGE flying to $0.36 and even $0.45! pic.twitter.com/keByLp5wSC
— Ali (@ali_charts) September 19, 2025
For now, it’s a wait-and-see game. Investors may want to keep an eye on volume and the RSI, because if it dips below 50, it might be time to brace for more downside.
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Emmaculate Araka
Emmaculate Araka is a cryptocurrency writer with published works on Crypto2Community and other news sources. She is believer in the transformative power of crypto and the blockchain industry, conducting on-chain analysis, breaking down market-triggering events, and helping traders and investors benefit from expert technical price analysis. Emmaculate finds gratification in diving deep into the crypto space, earning herself significant knowledge and experience. She holds a Bsc. in Information Science, and outside work, Emmaculate loves reading novels and watching documentaries.
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