8-8-2025 – Dogecoin has entered a key historical buy zone around $0.21, according to technical analysis from crypto analyst Ali Charts and market observers. DOGE is sitting just above $0.20, right on the lower boundary of a well-established parallel channel that has preceded major price rallies in the past.
This ascending range has preceded every major upward cycle in DOGE’s price history, including the breakouts of 2017 and 2021. The zone Dogecoin is in is historically a bounce-up zone, though analysts caution that past performance doesn’t guarantee future results.
230 million Dogecoin $DOGE bought by whales in 24 hours! pic.twitter.com/dYiCadxLtz
— Ali (@ali_charts) August 8, 2025
Resistance remains at $0.34 to $0.45, which is where previous rallies lost momentum, but DOGE’s current positioning suggests a favorable risk-to-reward ratio for long-term investors. The meme coin has been trading with increased volatility as it tests these critical technical levels.
Traders will monitor whether DOGE can sustain above the $0.20 support level and potentially break through the established resistance zone in the coming weeks.
