Overview
- DOGE traded around $0.21 after dipping to $0.2078, with technicians warning that a break below $0.2050 could open $0.20 to $0.1920.
- Alphractal reports hash rate activity pushing toward record highs and a stable Network Stress Index, indicating no current structural strain.
- The firm’s adjusted CVDD model places a top band near $0.54, which it says could rise above $1 if long‑dormant coins re-enter circulation.
- Chart watchers highlight consolidation patterns with primary resistance near $0.29 and potential targets cited around $0.30–$0.32 and up to $0.45 on strength.
- Large holders bought more than 680 million DOGE in August, although analysts caution that rising market leverage heightens liquidation risk.