DOGE Eyes Breakout as Trump’s Crypto Comments Fuel DOGE Price Optimism

• DOGE holds key support as network activity and whale accumulation continue strengthening bullish sentiment.

• Trump’s crypto comments boosted market confidence, helping lift Bitcoin and Dogecoin prices.

• Analysts target $0.12 if DOGE successfully defends support and confirms the breakout.

Dogecoin — DOGE, has quietly regained momentum after spending weeks moving sideways. The popular meme coin now trades near $0.077 after posting a gain of more than 5% during the past week. Buyers continue defending an important support zone, while network activity and whale accumulation suggest confidence may be returning. At the same time, Donald Trump’s recent crypto comments helped improve sentiment across the broader market. Several technical indicators now point toward a possible breakout, leaving traders watching the next few sessions closely.

Dogecoin $DOGE network activity has exploded to nearly 50,000 active addresses!

Something is brewing. pic.twitter.com/FCf1m8D3oV

— Ali Charts (@alicharts) July 5, 2026

Growing Network Activity Strengthens the Bullish Case

DOGE continues holding above the important $0.075 support level, giving buyers another opportunity to build momentum. The wider cryptocurrency market also delivered a positive performance over the past day. Total crypto market capitalization climbed 1.04% to $2.19 trillion, while Bitcoin, Ethereum, XRP, and Solana all recorded modest gains. That broader recovery has provided a healthier backdrop for meme coins like Dogecoin.

On-chain activity also shows encouraging signs. Crypto analyst Ali Charts recently reported that active DOGE addresses climbed to nearly 50,000. Such growth usually reflects increasing user participation across the network. More active wallets often indicate stronger demand, especially when combined with improving market sentiment. Meanwhile, whale wallets holding more than one billion DOGE increased their combined balance to 73.85 billion coins.

Derivatives markets also support the improving outlook. Data from Coinglass showed DOGE trading volume jumped 31% to $1.26 billion. Open interest slipped only 0.32% to $1.04 billion, showing traders have avoided adding excessive leverage during the recent recovery. Technical indicators remain balanced as well. The Relative Strength Index stands near 51.52, reflecting neutral momentum with room for further upside.

Support Levels Hold the Key to the Next Rally

Technical analysts continue watching several important price levels. Jesse Peralta’s chart shows DOGE trading inside a long-term rising channel, with current price action sitting near the lower boundary. As long as buyers defend the $0.075 to $0.076 support zone, bullish momentum could continue building.

A successful hold would place $0.081 as the next target, followed by resistance levels around $0.090, $0.10, and eventually $0.12. However, losing current support could send DOGE toward the $0.070 to $0.068 range before buyers return. Another positive signal comes from analyst Celal Kucuker, who noted that DOGE recently broke above a long-term descending trendline.

The price now retests that breakout level. A successful retest would strengthen the bullish structure and could create another push toward $0.12. Market sentiment also improved after Donald Trump’s latest crypto comments. Crypto analyst Martini Guy said Bitcoin has become impossible for politicians to ignore.