Dogecoin Price Drops 5% as Institutional Buyers Purchase Over 200M DOGE – Bulls Eye $0.25 Resistance

Highlights:

• The Dogecoin price has slipped 5% to $0.22, as the trading volume skyrockets 141%. 
• Institutional buyers have accumulated about 200 million DOGE, indicating growing confidence in the meme coin. 
• DOGE bulls eye $0.25 as analyst says the meme coin may face one last dip before breakout. 

Dogecoin price has plummeted 5% to $0.22, showing a recent downtrend after hitting $0.25.  The rising volume, which is up 141% to $3.97 billion, and renewed community hype signal increased investor confidence.  Recently, institutional buyers have bought a substantial 200 million DOGE. According to Investments_CEO, this increased buying may indicate institutional confidence in the Dogecoin market. 

BREAKING:

INSTITUTIONS PURCHASED OVER 200 MILLION $DOGE IN THE LAST 24HRS pic.twitter.com/EfHvJGChrk

— CEO (@Investments_CEO) August 25, 2025

Dogecoin Price Slips Below Key Support Despite Rising Volume

On the other hand, the Dogecoin derivatives market indicates some positive momentum. The volume has increased by 127.11% to $8.74 billion. However, the open interest has slipped by 4.93% to $3.46 billion. This difference between volume and open interest indicates that though the buying may be going on at scale, it is yet to lead to a significant shift in positioning in the market.

Looking at the Dogecoin price daily chart timeframe, the meme coin has been consolidating within a symmetrical triangle. Meanwhile, the bulls have lost the $0.2209 support, which has been flipped into an immediate resistance zone. Currently, the meme coin is holding firm at $0.19 key zone, aligning with the 200-day SMA. 

The RSI (Relative Strength Index) of Doge is 48.64, indicating the cryptocurrency is neither overbought nor oversold. However, the odds tend to lean to the upside if the RSI surpasses the 50-mean level. Notably, the MACD (Moving average convergence divergence) indicates a bearish crossover. This is reinforced as the blue MACD line (0.002460) has flipped below the orange signal line(0.003016). This calls for traders to be cautious as the bears still have the upper hand in the market.

Can DOGE Bulls Gain Momentum?

Looking ahead, the DOGE market portrays mixed signals. Additionally, Dogecoin’s trading volume is surging, indicating a growing bullish trend. However, can the bulls regain momentum and overcome the resistance zone at the 50-day SMA($0.2209)?

Caution is advised, as the blue MACD line has flipped below the orange line, signalling a red flag. Meanwhile, if the Dogecoin price overcomes the immediate resistance at $0.22 zone, a rally could build up above $0.25. According to crypto analyst Ali Martinez, the dog-themed meme coin may face one last dip before a breakout. 

Dogecoin $DOGE: One last dip before the breakout! pic.twitter.com/DQh70ilOas

— Ali (@ali_charts) August 25, 2025

On the other hand, if the $0.22 resistance proves too strong, reinforced by the bearish crossover in the MACD, DOGE may fall. In such a case, the $0.19 safety net will be in line to caution against further downside. A breach below this level will open the door for further downside, painting the market as bearish. This 5% drop is not a lock, but the chart is showing warning signs. Traders should keep an eye on that triangle breakout retest and potential RSI surge. In the meantime, caution is advised as the crypto market wobbles.