Analyst Flags Exploding Network Activity

Dogecoin network is suddenly buzzing again. Active addresses have surged to nearly 50,000 since early July, fueling speculation that a bigger move could be around the corner despite muted price action.

Ali Martinez pointed to the jump on X, citing Glassnode data that showed active addresses reaching a multi-month high. His verdict was simple: “Something is brewing.” A day earlier, he also spotted a TD Sequential buy signal, suggesting momentum could be shifting.

Meanwhile, technical indicators are starting to lean bullish. TradingView’s summary shows the MACD flashing a Buy signal, adding weight to the growing optimism. Still, charts only tell half the story. Buyers now need to show up with real volume, or this setup could fizzle out as quickly as it appeared.

Dogecoin is also following Bitcoin’s lead, just as it often does. If Bitcoin keeps pushing higher, DOGE could finally break out of its recent range. However, if Bitcoin loses steam, Dogecoin may stay stuck despite the spike in network activity. Sometimes the chain speaks first, while the price takes its sweet time catching up.

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Can Dogecoin Price Reach $0.12 Before the Breakout Stalls?

DOGE is trading near $0.076, keeping the $0.075-$0.077 area in focus after several sessions of choppy action. Buyers are still defending this zone, but they have not shown much urgency. It feels more like a waiting game than a tug-of-war.

Volume remains light compared with previous rallies, which explains why upside momentum has struggled. Futures open interest is also relatively muted, showing traders are not rushing into leveraged bets. Sometimes the quietest charts make the loudest moves, but that part still needs proof.

The first hurdle sits around $0.081, followed by stronger resistance near $0.09. If DOGE clears those levels with stronger volume, the next area to watch comes in around $0.10. Until then, long-term holders appear patient while short-term traders continue swapping seats.

If support around $0.075 holds, buyers could slowly regain control and push toward $0.081-$0.09. Otherwise, DOGE may stay stuck in its current range for a while longer. A decisive break below $0.075 could open the door to the $0.070-$0.072 area, giving bulls another headache they did not order.

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Maxi Doge Eyes Early Mover Upside as DOGE Tests Key Levels

DOGE’s setup is compelling, but at an entry above $0.07, even a run to $0.135 is less than 2X on an asset with a multi-billion dollar market cap and significant overhead supply to absorb. Early-stage exposure to the meme coin narrative carries a structurally different risk-reward profile. That gap is where presales draw attention.

Maxi Doge ($MAXI) is a meme token built on Ethereum that leans hard into gym-culture trading energy, the 240-lb canine juggernaut framing is exactly as absurd as it sounds, and that is precisely the point for viral meme mechanics.