Dogecoin Price Prediction: DOGE Plunges 5% As CleanCore Reveals $175M DOGE Treasury

The Dogecoin price surged 4% in the last 24 hours to trade at $0.25023 as of 7:07 a.m. EST.

That came as NYSE-listed CleanCore solutions revealed its treasury now holds 710 million DOGE worth about $175 million.

It aims to increase that to 1 billion tokens and said in a statement that it’s sitting on $20 million in unrealized gains from purchases thus far. It said it had sufficient cash to keep acquiring Dogecoin, supported by the partnership of Bitstamp by Robinhood.

”The Company’s focus is not merely on increasing its DOGE holdings, but on driving meaningful, long-term market capitalization to net asset value (mNAV) accretion,” it said.

It added that it expects the utility-driven demand for Dogecoin to accelerate as House of Doge advances initiatives to unlock real-world use cases, positioning Dogecoin as both a transactional currency and a long-term reserve asset

Dogecoin Price Momentum Indicators Reinforce Bullish Scenario

The DOGE price is showing renewed momentum on the weekly chart, suggesting the possibility of a larger bullish reversal after an extended consolidation phase.

The Dogecoin price, now around $0.25, has climbed above both the 50-day simple moving average (SMA) at $0.248 and the 200-day SMA at $0.136 on the weekly chart, indicating a strengthening medium-term uptrend.

This crossover alignment of the 50-day SMA above the 200-day SMA further reinforces the prospect of sustained bullish momentum.

DOGE earlier formed a double bottom pattern, with the neckline positioned around the $0.23–$0.24 level, which price has recently reclaimed.

The breakout from this neckline signals a potential bullish continuation if weekly closes remain above it. The Fibonacci retracement levels highlight key resistance zones at $0.29 (0.382), $0.33 (0.5), and $0.38 (0.618).

The Relative Strength Index (RSI) sits at 54.07, which indicates moderate bullish strength without signs of overbought conditions, an ideal setup for continuation.

Meanwhile, the Moving Average Convergence Divergence (MACD) histogram is in positive territory, with the MACD line slightly above the signal line, confirming a strengthening upward momentum.

Given the favorable alignment of the SMAs, improving momentum indicators, and bullish pattern formation, Dogecoin could aim for a gradual climb toward $0.33–$0.38 in the near term.

If the sentiment surrounding the chart movements remains positive, the medium-term projection points toward a test of $0.53 and potentially $0.78 over the next few months.

Dogecoin’s chart suggests that the bulls are quietly preparing for a renewed breakout phase, and patience may reward holders as momentum builds for the next leg higher.

On the downside, if the bears take charge of the price, DOGE could plunge back to the $0.14 support area.