Dogecoin Rallies 12% to $0.094 as Analysts Eye Altseason
Dogecoin (DOGE)
Editor:
Eugene Serbin
According to cvj.ai, Dogecoin surged 12% on Saturday evening to reach a two-week high of $0.094 before settling at $0.09. This rally occurred despite a bearish US jobs report that had earlier pressured risk assets and pushed DOGE down to $0.084. The asset rebounded sharply, breaking through key resistance levels and validating technical signals previously outlined by CryptoPotato.
Analyst CW identified a major sell wall at current levels, noting it appears too solid to break immediately. Fellow analyst Alex Marzell highlighted that DOGE reclaimed key support after holding at $0.083 for six 4-hour candles. Marzell noted that old resistance is now new support, with a target of $0.095 if the level holds.
Max Crypto suggested that DOGE’s breakouts serve as the best indicator for the start of an altseason. The coin must maintain its position above $0.088 to build momentum toward the next target of $0.14.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 5 September 2026. Not the outlet's figures.
Whalio spot data shows a buy ratio of 55.6% over the last hour and 57.1% over four hours, compared to 48.9% over the last day. This indicates that buying pressure is currently building relative to the daily average. Volume delta reflects this shift, showing positive inflows of $460,901 in the last hour and $7,268,958 over four hours. In contrast, the 24-hour volume delta remains negative at -$1,743,284, indicating that net selling has outweighed buying over the full day. The cumulative volume delta closed at +$8,803,148, suggesting that net buying has occurred for 17 of the last 24 hours.
The latest daily buy ratio of 37.6% sits at the 0th percentile of the last 322 days, against a median of 48.9% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for DOGE, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.9%, matching the current 24-hour ratio exactly. However, volume over the last 24 hours was 1.57 times the weekly average, signaling an unusual spike in activity. While the weekly volume delta was negative by -$9,796,251, the recent hourly and four-hour deltas show a reversal into net buying. This suggests that while the broader trend remains slightly bearish, immediate trading activity has shifted decisively toward buyers.