Dogecoin Surges 7% Despite US Government Shutdown: What’s Going On?
Posted On October 1, 2025
Dogecoin (CRYPTO: DOGE) is up over 7% to near $0.2445 on Wednesday as it broke above a key resistance zone, with spot flows recording the largest net inflows in weeks.
Dogecoin Breaks Key Barrier As Bulls Regain Control
DOGE Short-Term Outlook (Source: TradingView)
Dogecoin cleared the $0.2390 barrier that capped price action through late September, turning the level into fresh support.
On the intraday chart, the Supertrend flipped positive and the RSI entered overbought territory near 70, reflecting strong buying pressure.
Traders note that a retest of the $0.2390–$0.2400 zone could provide a base for further gains, while failure there would expose downside risk to $0.2325.
Daily Chart Holds Bullish Alignment
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