Dogecoin's April Surge: 28% Active Address Growth and Fibonacci Ceiling Challenge

Dogecoin (DOGE) is experiencing a surge in price, reaching $0.092 as the seasonality trend builds for April. This growth is accompanied by a significant increase in active addresses, with Blockchair confirming a 28% climb last week. According to CryptoRank, DOGE opens April at $0.0940, and WazirX has reported trades near $0.092.

The Fibonacci resistance level of $0.0982 has been a barrier for DOGE in previous weeks, but the recent active address spike may be enough to break through this ceiling. FinanceFeeds notes that a 28% increase is the strongest on-chain engagement signal DOGE has produced this quarter.