Key notes
- DOGE faces a heavy token supply wall of 11.72 billion near the twenty cent zone.
- Active addresses reach their highest level since September.
- ETF flows total $2.85 million, although inflows stopped on December 4.
Dogecoin
DOGE
$0.14
24h volatility:
5.1%
Market capitalization:
$22.52 billion
Flight. 24h:
$1.24 billion
The price remains trapped below a long descending trendline on the weekly chart, which shows a clear and massive accumulation around the twenty cent mark.
According to prominent analyst Ali Martinez, 11.72 billion tokens remain concentrated in the range of $0.2028 to $0.2044. This zone constitutes a heavy barrier because many participants who bought there are still waiting for a chance to exit at breakeven.
$0.20 is the key resistance for Dogecoin. This is where 11.72 billion $DOGE were accumulated. pic.twitter.com/HZEsZSkf0Y
– Ali (@ali_charts) December 5, 2025
As therefore, once the price climbs towards this zone, the price momentum of DOGE could slow down significantly. However, Dogecoin still remains one of the best coins to buy, with many analysts targeting the $1 price in the long term.
Strength of network activity and ETF flows
Martinez noted that network participation increased to 71,589 active addresses, the highest number since September. Despite the lack of a strong breakout on the chart, on-chain data confirms the renewal of user iinvolvement and growing interest.
Dogecoin $DOGE I just saw 71,589 active addresses. The biggest increase since September. pic.twitter.com/UCgC0CbLe2
– Ali (@ali_charts) December 4, 2025
According to data from SoSoValue, Grayscale’s GDOG and Bitwise’s BWOW saw net inflows of $177,250 on December 3. Total combined streams are $2.85 million since launch. However, no new entries were recorded for Dogecoin ETFs on December 4, with institutional positioning remaining cautious.
DOGE Price Analysis: Bullish and Bearish Targets
On the weekly chart, DOGE is holding above the horizontal support near $0.13 to $0.14. Repeated testing of this region shows that buyers still defend it. The price remains inside the Bollinger structure, although the candles remain near the lower band. This means that bears are currently dominant.
For any upward movement, DOGE must break above the descending trendline that has capped rallies since the early 2025 high. However, if DOGE closes above the descending trendline and reclaims $0.17, the 20 cent barrier with the large supply cluster remains the main test.
DOGE Price Rises Capped by Descending Trendline | Source: TradingView
On the other hand, if the price fails to hold the $0.13-$0.14 support region, a larger pullback to $0.10, below the lower Bollinger level, is likely. According to CoinMarketCap dataDOGE is currently trading at $0.1469, holding a valuation of $23.8 billion as its value the world’s largest meme token.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
A crypto journalist with over 5 years of industry experience, Parth has worked with leading media outlets in the crypto and finance world, gaining experience and expertise in the field after surviving both bear and bull markets over the years. Parth is also the author of 4 self-published books.
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