Dogecoin is back at a long-watched support zone near $0.077, while on-chain activity is picking up at the same time. At the time cited in the report, DOGE traded at $0.07744, with 24-hour volume of $524.86 million and a market capitalization of $13.21 billion. Price action was mostly flat over the last 24 hours, but traders are watching whether this area can once again act as a floor.
The $0.077 zone returns as a key test
Analyst Chiefrat said Dogecoin has fallen back into a macro support region that became important during market downturns in 2022, 2023, and 2024. Because that area previously aligned with bottoming phases, it is being treated as a major inflection point for the current move. The immediate focus is not on intraday fluctuation alone, but on whether the long-term level remains intact during this retest.
Based on the technical view cited in the article, holding above support would place the first upside target at $0.28. If the structure improves over a longer period, one scenario points to $0.45 by 2026. Those levels were presented as possible targets, not fixed outcomes, and remain dependent on changing technical signals.
Active addresses move toward 50,000
Ali Charts highlighted a separate development on the network side. Data shows Dogecoin active wallet addresses are closing in on the 50,000 mark, a level some market participants see as a sign of stronger on-chain engagement. An active address refers to a wallet that has sent or received a transaction within a given period, and the metric is widely used to track overall network activity.
The report noted that the exact reason behind the rise in active addresses is still unclear. Even so, some observers interpret it as a sign of renewed investor interest. Analysts also warned against reading too much into the number on its own, since higher network activity does not automatically lead to an immediate price increase.
Price direction depends on support holding
Dogecoin’s next larger move appears tied to the strength of this support area. If rising wallet activity is matched by stronger buying pressure, DOGE could try to push toward resistance zones. If support breaks decisively, selling pressure may intensify. The article also said Bitcoin’s relatively steady performance continues to shape short-term price behavior for Dogecoin and the broader altcoin market.