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Dogecoin (DOGE) traded at $0.09846, up 2.7% in the past 24 hours, as buyers defended key levels and pushed the price back above $0.0975. The move lifted short-term sentiment. Traders then watched the $0.0995 to $0.100 resistance zone. Meanwhile, Coinbase added wrapped DOGE and wrapped XRP to its on-chain lending product.
Buyers showed renewed confidence after recent weakness. They defended key levels as the price climbed. DOGE also reclaimed the $0.0975 area. That recovery suggested rising demand and stronger participation from traders. As a result, sentiment turned more positive. Price action then moved toward the $0.0995 to $0.100 zone.
If buying pressure stays steady, DOGE could test that resistance range. The market now tracks whether buyers can hold the reclaimed level. Traders also monitor how Dogecoin price reacts near $0.10.
Javon Marks described a repeating macro breakout structure for Dogecoin. The analyst said DOGE forms a falling wedge after each correction. In prior cycles, each breakout led to a new all-time high. The last major peak reached about $0.73905. Current price action holds above a rising macro trendline. The setup mirrors earlier pre-expansion phases in the pattern.
The analyst said there are no targets below $0.6533. A move toward $0.73905 would retest the prior all-time high. From the $0.10 to $0.12 region, the projected upside ranges from about 550% to 640%.
Coinbase added wrapped XRP and wrapped Dogecoin to its on-chain lending product. The update also included Cardano and Litecoin. Eligible US users can borrow up to $100,000 in USDC against those tokens.
The lending framework previously centered on Bitcoin and Ethereum. Loans run through Morpho, a decentralized protocol on Coinbase’s Base network. Eligible customers exclude those in New York.
Users can pledge the supported tokens as collateral to obtain USDC without selling holdings. That structure lets users access liquidity while staying exposed to upside. Will this broader borrowing access act as a price catalyst for XRP and DOGE?
Also Read: Is DOGE Ready for a Major Breakout as $0.10 Support Holds Firm?
Bitcoin-backed loans on the platform carry higher limits. Ethereum borrowing thresholds also exceed those available for newly added tokens. The expansion fueled debate about whether easier borrowing can support near-term price strength.
Borrowing against volatile assets carries risk. If token prices fall sharply, collateral positions can be liquidated. In turn, liquidations can add pressure during market declines.
Coinbase Chief Executive Brian Armstrong said retail customers kept accumulating during the recent market downturn. He said most retail accounts now hold as much or more crypto than late last year. Regulatory filings also showed Armstrong sold substantial amounts of Coinbase stock over the past year.
Dogecoin traded near $0.10 after reclaiming $0.0975 support and gaining 2.7% in 24 hours. Coinbase expanded USDC loans to include DOGE and XRP through Morpho on Base for eligible US users. Traders now watch $0.10 resistance and manage borrowing risks.
