Key Insights:
- Dogecoin price eyes rally as CleanCore Solutions committed $175M to a DOGE treasury fund.
- Dogecoin price held above $0.20 at the time of writing.
- Analysts said a breakout above $0.245 could target $0.38 or higher.
The Dogecoin price consolidated near $0.21 in early September 2025 after CleanCore Solutions revealed a $175 million treasury plan. Analysts said the move could provide corporate backing for the token, but whale wallets remained quiet. Could retail momentum alone carry the next breakout?
Analysts Highlight Bullish Dogecoin Price Signals
Dogecoin price traded around $0.21 at the time of writing, maintaining support in the $0.20 to $0.21 range. Technical analysts noted that the DOGE price followed a long-term logarithmic uptrend. Historically, this type of structure preceded impulsive rallies.
Researchers at Bitcoinconsensus said DOGE had entered a range where a bullish breakout looked increasingly probable. They noted that previous rallies often surpassed earlier peaks.
Based on this framework, the next phase could push Dogecoin toward $1 or possibly higher, with some forecasts extending to $1.40.
Momentum indicators added weight to this analysis. The Relative Strength Index (RSI) was turning upward at the time of writing, suggesting improving sentiment.
The Moving Average Convergence Divergence (MACD) had flattened, which often signals an approaching directional move. Chart resistance was visible at $0.245.
Analysts said a confirmed breakout above that level could trigger a move toward $0.38, setting the stage for further gains.
Weekly trading volumes reinforced this outlook. Data showed volumes reached $13.49 billion in late August, indicating positioning ahead of a possible breakout.
Analysts said such volume spikes often precede larger price moves, suggesting a likely Dogecoin price rally ahead.
Dogecoin Price as DOGE Whales Stayed Inactive
On-chain data tracked whale wallets, addresses holding between 10 million and 100 million DOGE. Collectively, these wallets controlled around 24.19 billion tokens. Despite this concentration, trading activity among these large holders had remained subdued.
Crypto analyst Ali Martinez said whales appeared to be waiting for clearer market signals before committing to major trades. In earlier DOGE cycles, whale accumulation often triggered broad retail participation, which then amplified rallies.
The lack of current movement left open whether retail traders could drive the next stage without significant whale involvement.
While whale behavior remained muted, retail trading volumes increased steadily during August. Analysts said this pattern highlighted growing participation from smaller investors.
However, without confirmation from larger wallets, the sustainability of any Dogecoin price breakout remained under review.
Treasury Allocation Raises Debate on Corporate Strategy
Dogecoin price is also gaining massive traction as CleanCore Solutions’ $175 million DOGE treasury plan marked one of the largest corporate allocations to the token to date.
However, despite the announcement, CleanCore’s stock price dropped more than 50 percent on September 2, closing near $3.23.
The decline highlighted skepticism among equity investors regarding a large treasury commitment to a volatile asset.
Within the digital asset market, however, the treasury decision was interpreted differently. The market experts said corporate treasury allocations often bring liquidity and perceived stability to token markets.
For DOGE price, the CleanCore plan represented a substantial injection of confidence.
Observers noted that treasury allocations in other tokens often contributed to sustained rallies, provided that technical conditions aligned.
If CleanCore’s strategy inspired similar moves by other firms, analysts said corporate adoption could become a new driver for the Dogecoin price.
Next Phase Depends on Breakout Confirmation
Dogecoin price consolidated in an ascending triangle pattern for nearly two months, with support near $0.20 and resistance at $0.245. Technical traders often view ascending triangles as bullish continuation patterns.
A confirmed breakout above resistance could target $0.38, representing a 75% from recent levels.
Looking ahead, analysts said macroeconomic policy could influence market conditions. Possible Federal Reserve rate cuts later in the year might support risk assets, including tokens such as DOGE.
Combined with the treasury allocation and technical setup, these conditions placed focus on whether the Dogecoin price could retest the $1 psychological barrier.