Dogecoin is hanging on to a key support level, and that’s got everyone watching closely. The DOGE price is trading around $0.093 right now, holding well above the $0.0813 zone that analyst Ali Martinez flagged as critical support.
That area was identified using Glassnode’s URPD data, basically, it shows where a ton of DOGE actually changed hands, so it matters. More than 30 billion DOGE were traded around that level, making it a real line in the sand .
At the same time, spot DOGE ETFs just recorded their biggest inflows since May, around $654,000 on August 20, after weeks of nothing . That’s giving the market a fresh reason to pay attention after a quiet stretch. So now the big question is whether DOGE can build on this support and push toward the next major resistance zone near $0.177.
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What you'll learn 👉
Why this Key Level Matters for Dogecoin
Ali Martinez pointed out that nearly 30 billion DOGE last moved at around $0.0813. That makes it the largest cost-basis cluster on the network and one of the most important levels on the chart.
When a large amount of supply is concentrated at a specific price, that area often acts as support. Many holders who bought there are still in profit, which can reduce selling pressure if the market revisits the zone.
The URPD chart also shows additional supply clusters at $0.0739 and $0.0887. Together, they form a strong support range between roughly $0.07 and $0.09. What stands out even more is the lack of major supply clusters between current levels and $0.1774.
The next large concentration of DOGE sits near that price, where more than 20 billion DOGE last changed hands. That is why Ali argued that holding above $0.081 could leave the Dogecoin price with relatively little on-chain resistance until the $0.177 area.
Dogecoin ETF Inflows Are Back
There is also a positive development on the institutional side. BSCN reported that spot DOGE ETFs recorded net inflows of approximately $654,000 on August 20. That was the largest daily inflow since May and ended a stretch with no inflows since August 4.
Spot $DOGE ETFs just saw their biggest inflows since May…
— BSCN (@BSCNews) August 21, 2026
Memecoin season could be back, with spot @dogecoin ETFs clocking some +$654,000 in net inflows on August 20.
In actual fact, the products had not seen any inflows whatsoever since August 4, with some community members… pic.twitter.com/O06m9mzPx9
The dollar figure isn’t huge compared to Bitcoin or Ethereum ETFs. But the fact that money is flowing back in matters. For weeks, people were wondering if the excitement around memecoins like DOGE, SHIB, and PEPE had faded.
The ETF data tells a different story, demand is coming back. If the broader crypto market stays healthy, that renewed interest could help prop up Dogecoin’s price. It’s not a massive wave yet, but it’s a shift worth paying attention to.
DOGE Still Faces Important Resistance Levels
We had a look at the chart from World of Charts. It shows DOGE still has a long way to go before anyone can call it a real turnaround. Right now, Dogecoin is down from its peak near $0.80. The chart tells the story clearly, this is still a recovery in progress.
The first resistance level to watch is $0.105. If buyers can clear that area, the next levels come in at $0.13 and $0.16. Those zones have acted as resistance during previous recovery attempts and could attract selling pressure again.
A successful move through those levels would bring the major on-chain resistance cluster near $0.1774 into view. Support remains at $0.093, followed by the larger on-chain support area around $0.0813. Below that, the next notable levels are $0.07 and $0.058.
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Where Could the DOGE Price Go Next?
The Dogecoin price is at an interesting point. On-chain data shows approximately 30 billion DOGE accumulated near $0.0813, creating a support zone that has already attracted plenty of attention from traders and analysts.
ETF flows have also improved, with spot DOGE products recording $654,000 in net inflows on August 20, their strongest daily result in months. For the bulls, the next stops are $0.105, then $0.13, and $0.16. If DOGE clears those, $0.1774 comes into view, that’s where the next big supply zone sits.
But for now, the one level that really matters is $0.0813. As long as Dogecoin holds above that, the recovery story stays alive. And traders will keep watching for any sign of a bigger move.
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