Key HighlightsDOGE price climbed 10% over the past 24 hours while daily trading volume exploded 3.5x to approximately $1.28 billion.The memecoin market segment expanded by more than 5.37%, with PEPE rallying 19% and SHIB posting 10% gains.Open Interest in DOGE futures increased to 17.21 billion tokens from 16.87 billion one day prior.Dogecoin integration with Paxos infrastructure opens doors to PayPal and Venmo users for expanded payment utility.Critical resistance stands at the $0.080 supply zone β breaking through could indicate a potential trend reversal.Dogecoin (DOGE) experienced a 10% price surge over the past day, reaching approximately $0.078 as of this writing. This upward movement coincided with a wider memecoin market rally that propelled PEPE 19% higher and pushed Shiba Inu up by 10%.Dogecoin (DOGE) PriceThe overall memecoin sector saw its market capitalization increase by over 5.37%, accompanied by a 189% spike in trading volume to roughly $4.14 billion. Dogecoin dominated activity levels, recording daily volume of approximately $1.28 billion β representing more than half its weekly volume compressed into one trading session.Source: Token TerminalA contributing factor to this price movement was the U.S. Treasury’s announcement to double its long-term bond repurchase program. This action introduced additional liquidity into financial markets while simultaneously pressuring the dollar lower, creating favorable conditions for dollar-denominated cryptocurrencies like DOGE.The cryptocurrency Fear & Greed Index advanced from 46 to 62, entering firmly into “Greed” territory. During this same timeframe, Bitcoin surpassed $70,000 while Ethereum climbed above $2,200.In derivatives markets, Open Interest for perpetual futures contracts expanded to 17.21 billion DOGE, rising from 16.87 billion the previous day. Funding rates have maintained positive territory since August 5, indicating that bulls continue paying premiums to maintain long positions.Payment Integration Provides Additional MomentumDOGE recently secured integration with the Paxos network, which powers payment infrastructure for PayPal and Venmo. This development potentially exposes Dogecoin to millions of active users across both platforms. BREAKING NEWS $DOGE gains access to Paxos network used by @PayPal & @VenmoThis is bigger than a headline. Access to the Paxos network could give $DOGE more exposure to payment infrastructure already connected to platforms like PayPal and Venmo.More rails = easierβ¦— πππ ππππ (@TOPDOGE007) August 20, 2026However, despite positive price movement, DOGE Spot ETFs have recorded zero inflows following a net outflow of $564K on August 13. Institutional engagement remains minimal at this stage.Market analyst chad (@chad_ventures) observed on X that each rebound attempt during the ongoing downtrend β which initiated with a “South Star” signal at $0.185 β has been rejected at the resistance band. He highlighted that a fresh “Meridian North Star” has appeared, and emphasized that the critical question is whether price can successfully break and sustain above that resistance band. According to chad’s analysis, this level will ultimately determine if a genuine trend reversal is underway.$DOGE this is important here. Every bounce during this downtrend (first indicated by the South Star at $0.185) got rejected at the resistance band. A new Meridian North Star has just been printed.The key question now: Does price break and hold above the resistance band thisβ¦ pic.twitter.com/i4oors7HJF— chad. (@chad_ventures) August 20, 2026Technical Analysis BreakdownFrom a technical perspective, DOGE has broken through a significant trendline that had been in place since May and successfully cleared a 4-hour resistance trendline. The daily chart RSI registers at 69, approaching overbought conditions. The MACD histogram continues showing positive momentum.The 100-day EMA positioned at $0.080 represents the immediate resistance barrier. On the downside, the 50-day EMA at $0.074 combined with SuperTrend support at $0.069 establish a demand zone.The subsequent supply zone above current trading levels remains intact. DOGE’s ability to convert that resistance level into support will ultimately determine whether this rally has sustainable momentum.The post Dogecoin (DOGE) Rallies 10% as Original Memecoins Stage Comeback appeared first on Blockonomi.