Key Insights
- Dogecoin price faces major resistance near $0.098, where roughly 28 billion DOGE previously traded.
- Whales bought more than 1.14 billion DOGE, worth about $112 million, in 96 hours.
- A break above $0.098 could shift focus to $0.11, then the $0.20 supply zone.
Dogecoin price traded near $0.097 as traders watched a dense supply zone around $0.098. CoinMarketCap data showed DOGE remained up roughly 11.7% over seven days despite staying below that resistance.
The technical barrier coincided with fresh large-holder accumulation and stronger exchange-traded fund flows. However, neither metric confirms that DOGE will clear the resistance area.
Dogecoin Price Faces Resistance at $0.098
In an X post, Martinez used a cost basis distribution heatmap to assess DOGE levels. According to him, Dogecoin is testing a major resistance zone near $0.098. His cost basis distribution heatmap shows that roughly 28 billion DOGE previously changed hands around this level.
Dogecoin Price Analysis by Ali Martinez. Source: X
That large concentration of historical supply makes $0.098 an important barrier for the current move. DOGE would need to break above this zone before shifting attention to higher resistance levels.
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Martinez identifies $0.11 as the next supply wall. Around 4.98 billion DOGE previously traded near that level, creating another area where selling pressure could emerge.
Beyond $0.11, Martinez points to $0.20 as the next major hurdle. His data shows roughly 12 billion DOGE previously changed hands around that price zone.
DOGE Crypto Whales Add 1.14 Billion Tokens
In a separate X post, Martinez reported recent accumulation by large DOGE entities. According to Martinez, Dogecoin is testing a major resistance zone around $0.098, where roughly 28 billion DOGE previously changed hands.
DOGE Crypto Whale Supply. Source: X
That concentration of supply makes the level an important barrier for the current price move.
Martinez also reported continued whale accumulation despite the resistance. Over the past 96 hours, large holders bought more than 1.14 billion DOGE, worth about $112 million. He said the buying activity suggests whales are positioning for a possible bullish breakout.
Meanwhile, Trader Tardigrade discussed DOGE on a monthly timeframe in a separate X post. He described an uptrend along a support trendline. He also referenced false breakdowns in 2017 and 2020. Trader Tardigrade described 2026 as another accumulation year. His post linked that view to the monthly support-trendline pattern.
SoSoValue Data Shows Record DOGE ETF Inflow
Adding to the positive momentum, SoSoValue data show that spot DOGE ETFs recorded $2.89 million in net inflows between September 21 and September 25.
DOGE ETF Flows. Source: SosoValue
The total marked the funds strongest weekly net inflow since launch. It also exceeded the previous January 2026 record of $2.59 million. SoSoValue data placed total DOGE ETF net assets at $17.03 million.
This article is for informational purposes only and does not constitute financial or investment advice. Crypto assets remain volatile.