Dogecoin (DOGE) Price: CVDD Indicator Signals Strong Accumulation at Current Levels

TLDR

• Dogecoin has gained nearly 20% in the past 7 days, showing strong recovery in early 2026
• Crypto analyst Joao Wedson says DOGE has entered a key accumulation zone at $0.20 using CVDD indicator
• Historical data suggests DOGE could reach $0.80 in the coming weeks, representing a potential 433% gain
• The token broke above $0.14, reversing its bearish trend with support found at $0.12
• DOGE is trading above $0.150 with bullish momentum confirmed by RSI breaking above its 14-day moving average

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Dogecoin has posted strong gains to start 2026, climbing nearly 20% over the past week. The meme coin’s price action has caught the attention of crypto traders who are watching for signs of a larger rally.

Dogecoin (DOGE) Price

Joao Wedson, founder of crypto analytics firm Alphractal, shared analysis suggesting DOGE has entered an important buying zone. His firm uses an on-chain indicator called CVDD (Cumulative Value Days Destroyed) to track accumulation patterns.

The CVDD metric estimates long-term value based on the economic weight of coins moving on-chain. Wedson’s chart shows DOGE touching a lower blue line that marks areas where strong accumulation typically occurs.

In previous instances when Dogecoin reached this zone, the price jumped sharply afterward. Based on these historical patterns, Wedson’s model points to a potential move toward $0.80 in the coming weeks.

From current levels, such a move would represent a 433% gain for DOGE holders. This comes at a time when meme coins are showing relative strength compared to other crypto sectors.

Price Chart Analysis

Dogecoin appears to have found support around $0.12, which aligns with Wedson’s accumulation metric. The token has since broken above $0.14, invalidating its previous bearish structure.

The break above $0.14 marks an important technical shift. DOGE could now target $0.20 as the next resistance level, followed by $0.28 if buying momentum continues.

The Relative Strength Index confirms the trend change. On January 1, the RSI broke above its 14-day moving average and quickly moved past the midpoint line. This indicates buyers have taken control of price action.

Current Trading Levels

DOGE is currently trading above $0.150 and the 100-hour simple moving average. A bullish trend line has formed with support at the $0.150 level on hourly charts.

If the rally continues, immediate resistance sits near $0.1540. The first major resistance level for bulls is around $0.1550, with the next target at $0.1620.

A close above $0.1620 could push the price toward $0.1750. Further gains might bring $0.180 into view, with $0.1840 as the next major level.

On the downside, initial support is at $0.150 and the trend line. The next support level is $0.145, with main support at $0.1420.

If DOGE breaks below $0.1420, the price could decline toward $0.1350 or $0.1320 in the near term. The recent high reached $0.1541 before some profit-taking occurred.

The 23.6% Fibonacci retracement level from the swing low at $0.1156 to the high at $0.1541 has been tested. DOGE remains above this level as consolidation continues.

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