DOGE Defends Key Support While On-Chain Activity Increases

DOGE-1,15%
  • DOGE active addresses jumped 28% in one week, showing growing network engagement.

  • Price holds critical levels near $0.0912–$0.0928 despite minor dips.

  • Breaking above $0.0930 could target $0.0950, $0.0980, and potentially $0.10.

Dogecoin — DOGE, has shown interesting movements this week, combining steady price action with rising network activity. Active addresses on the blockchain surged from roughly 57,000 to 73,000 in seven days, signaling growing engagement among users. Analysts are watching closely, noting that higher on-chain activity often precedes price volatility. While DOGE faces resistance near $0.0928, its ability to hold key support levels suggests the market is cautiously balancing bullish and bearish forces at present.

Dogecoin $DOGE active addresses surged 28% in the past week, rising from 57,000 to 73,000. pic.twitter.com/dHAB37u0V4

— Ali Charts (@alicharts) March 31, 2026

Network Activity Surges Amid Growing Participation

Data from Santiment indicates that active addresses climbed 28% week-over-week. Analyst Ali Martinez shared the data on March 31, highlighting the jump as a sign of increasing user interaction. Active addresses represent wallets sending, receiving, or trading tokens, showing a rise in engagement without specifying buying or selling activity. Elevated activity often reflects both traders repositioning assets and new users entering the network.

Historically, periods of heightened activity have preceded increased volatility, making this metric particularly important for predicting DOGE’s short-term moves. Traders are monitoring on-chain metrics as early indicators. DOGE price dipped 1.64% before staging a partial recovery, trading near $0.09210 at the time of reporting.

The price of DOGE climbed above resistance levels at $0.0905 and $0.0912 during recovery. The price also moved past the 50% Fibonacci retracement level of the recent swing from $0.0937 down to $0.0893. These movements show that bulls are defending key zones while sellers attempt to maintain control near the $0.0930 area.

Key Support and Resistance Levels to Watch

DOGE is consolidating above the $0.0912 level and the 100-hourly simple moving average. A bearish trend line forms near the $0.0928 resistance zone, which also aligns with the 76.4% Fibonacci retracement level. If buyers push DOGE above $0.0930, the next targets appear near $0.0950 and $0.0980. Surpassing $0.0980 could open the path to $0.10, a psychologically important milestone.

On the downside, immediate support sits at $0.0915, followed by $0.090, with main support near $0.0885. Falling below this level could send prices toward $0.0860 or $0.0835. With both bulls and bears testing these levels, DOGE’s near-term direction remains uncertain. Analysts suggest that on-chain activity will play a critical role in signaling potential breakout or breakdown moves.

Overall, Dogecoin’s current activity demonstrates growing user engagement while the price holds key levels. Rising active addresses indicate market interest is strengthening. The battle between buyers and sellers near $0.0928 will likely dictate short-term momentum. Traders should watch both on-chain metrics and price action closely to gauge DOGE’s next moves in the coming sessions.

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