Dogecoin Price Eyes $0.30 as ExpressVPN Reveals It Now Accepts DOGE
Highlights:
- DOGE price is attempting to realize its potential, soaring 1% to $0.26.
- ExpressVPN recently announced that it now accepts DOGE, demonstrating that the meme coin has gained utility.
- The technical outlook paints a bullish picture, with bulls targeting $0.30 soon.
The Dogecoin price is gaining momentum, currently up 1$ to $0.26. Furthermore, its daily trading volume has increased by 63% to $4.2 billion, indicating intense trading activity. Meanwhile, over the last few weeks, we have seen a drastic improvement in the adoption of Dogecoin, as ExpressVPN recently announced it now accepts DOGE. This action expands the practical application of Dogecoin, enabling transactions such as paying for your morning coffee. When a company like ExpressVPN, which promotes privacy, adopts DOGE, it sends a message that DOGE is not just about speculation. This shows DOGE has utility.
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BREAKING: 🚨
🐕 ExpressVPN now accepts $DOGE (Dogecoin) as a payment method. pic.twitter.com/964RNjhf5u
— CEO (@Investments_CEO) October 7, 2025
On the other hand, Dogecoin’s bullish outlook is supported by Santiment’s Supply Distribution data. According to the metric, the whales holding 100,000 to 1 million (red line) and those holding 10 million to 100 million (blue line) have accumulated 390 million tokens since September 23. During the same period, the wallets holding 1 million to 10 million DOGE tokens (yellow line) have shed approximately 10 million tokens.
This evidence suggests that whales in the second cohort could have become victims of the liquidation event. On the other hand, the first group of wallets seized this opportunity to purchase DOGE at lower prices.
Dogecoin Bulls Target $0.30 as Key Support Holds
The DOGE/USD daily chart shows that the price is currently at $0.26, with the 50-day and 200-day Simple Moving Averages (SMAs) displaying a golden cross signal. This is manifested when the 50-day SMA crosses above the 200-day SMA. That’s usually a bullish signal, hinting at a potential upward grind.
Furthermore, the price is trading well within a rising parallel channel, which reinforces the bullish outlook. The immediate key support zones are around $0.24 and $0.20, providing the bulls with the strength to push upwards.
The Relative Strength Index (RSI) at 55.85 is sitting in neutral territory and is consolidating. This level has held support in the past, suggesting that buying pressure may begin returning around this zone. The Moving Average Convergence Divergence (MACD) is bullish with the MACD line (blue) trending above the signal line (orange), suggesting further upside.
The recent price spike in Dogecoin is driven by a bullish market outlook, as well as the integration with ExpressVPN. The positive market outlook suggests a potential rally to $0.20 soon, if the support zones are maintained.
DOGE Price Trends
Currently, Dogecoin’s price is consolidating within the channel, which may serve as an accumulation period before a significant leg up. If DOGE remains above current levels, the price could climb to $0.30 or even higher if buyers continue to hold control. However, if the Dogecoin price falls below the $0.24 support level, it may drop to $0.20.
In the short term, traders can expect some fluctuations. The RSI and MACD suggest that a rally could occur soon, possibly retesting the $0.30 support level. However, looking at the bigger picture, if DOGE stays above the 50 moving average, it could hit $0.50 by the end of Q4.
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Emmaculate Araka
Emmaculate Araka is a cryptocurrency writer with published works on Crypto2Community and other news sources. She is believer in the transformative power of crypto and the blockchain industry, conducting on-chain analysis, breaking down market-triggering events, and helping traders and investors benefit from expert technical price analysis. Emmaculate finds gratification in diving deep into the crypto space, earning herself significant knowledge and experience. She holds a Bsc. in Information Science, and outside work, Emmaculate loves reading novels and watching documentaries.
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