Dogecoin is showing remarkable stability while major cryptocurrencies like Bitcoin and Ethereum continue to battle for a bullish reversal. Over the last 24 hours, DOGE has gained 1.06%, although its weekly performance reflects a small 1.12% decline.
At the time of writing, the token is trading at $0.2153 and has a 24-hour trading volume of $2.11 billion, down 5.8% compared to the previous session. Its market capitalization is $32.55 billion, while the asset remains above the 100-week simple moving average at $0.1735.
Dogecoin gained fresh attention as CleanCore Solutions, a Nebraska-based cleaning technology firm, announced plans to become a Dogecoin treasury company after raising $175 million from over 80 investors, including Pantera and FalconX.
— Tesla Model Ðoge (@TeslaModelDoge) September 2, 2025
$DOGE NEWS
House of Doge (@HouseOfDoge)
& CleanCore Solutions, launch
175,000,420 Dogecoin Treasury. pic.twitter.com/QiZ9e6MhJj
Led by new chairman Alex Spiro, the firm will use the funds to acquire DOGE as its primary reserve asset while partnering with the Dogecoin Foundation and House of Doge, bringing Timothy Stebbing and Marco Margiotta into leadership roles, with Margiotta named chief investment officer.
Also Read: Dogecoin (DOGE) September Forecast: Powerful Setup Points to $0.46 Target
Beyond corporate headlines, Dogecoin’s chart reflects a decisive technical stage. The coin has been moving within an ascending channel since 2021, with clear markers: $0.065 as a long-term floor, $0.33 as midline resistance, and $1.20 as the channel’s upper target.
Price action is currently trading in the $0.20 to $0.22 area, a level that has continuously overcome bullish attempts in recent months. The area represents a key breakout level today. If buyers establish control of a close above it sustainably, the first target resides at $0.33.
Subsequently, momentum would ideally take a move to $0.49, a spot that has traditionally represented heavy resistance. If volume holds up, the bigger channel still has room for a rally that potentially reaches $1.20.
Key support zones remain intact at $0.17, $0.12, and $0.09. Failing to support $0.20, more with that 100-week SMA in proximity, can entice new sell pressure. This can drag the market to $0.17 once again, and further retracing can get Doge to $0.12 or even $0.09.
Overall, the chart suggests that Dogecoin is consolidating before it makes its next significant move. Further accumulation suggests growing buyer demand, but $0.22 needs to fall before larger targets can come into play.
Also Read: Dogecoin (DOGE) Price Rises as Whales Accumulate $35 Million
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