Dogecoin is facing a confusing technical setup as technical analysis warns of a major higher-timeframe move that could first send DOGE into a deeper accumulation zone. The chart appears bearish at first glance, but the inverted price scale changes the reading, turning the projected drop into a longer-term bullish setup that points to $1, $2, and eventually $5. Dogecoin Is Approaching Its Smart Money Zone Technical analysis done by a crypto analyst known as Crypto Patel is built around the idea that Dogecoin may still need to push lower before its larger upside cycle begins. Crypto Patel’s 3-week DOGE/USD chart on TradingView covers over a decade, from 2014 to a projected 2028, and it shows repetitive price action. The key detail, however, is that the chart is inverted for emphasis, meaning the bearish-looking projection actually points to a bullish long-term move. Related Reading: Dogecoin Has Entered The Zone That Led To The 2021 26,000% Surge And The Target Is Above $2 The chart shows Dogecoin inside a descending channel that has guided the price for years. The first major phase began with a rejection at the upper trendline before the 2017 cycle, followed by a large move that eventually gave way to another long correction. A second major base formed around early 2021, which later led to Dogecoin’s explosive run during the last meme coin mania. Crypto Patel appears to be comparing the current structure to those earlier phases. The third setup on the chart is developing right now, where Dogecoin looks like it is rejecting at the upper trendline of the descending channel. What’s Next For Dogecoin? The marked rejection zone around the current area shows that the Dogecoin price could still revisit as low as $0.07 in the accumulation range for a bottom before a strong higher-timeframe reversal. According to Crypto Patel, retail traders will sell the bottom, but smart money traders are already setting alerts. Related Reading: Dogecoin Inverted Scale Shows A Sharp Drop, But Something Is Interesting About This Chart Interestingly, on-chain data support this notion of smart money movements and whales that are accumulating Dogecoin. Recent on-chain data in early May shows that Dogecoin whales recently recorded their busiest day in six months, and most of this activity is accumulation moves. If Dogecoin breaks below the current range without strong spot demand, the move could still drag the price deeper into Crypto Patel’s $0.10 to $0.07 accumulation band. However, the projection shows the Dogecoin price reversing around the accumulation band and embarking on a rally, with the analyst pointing at $1, $2, and $5 targets. Crypto Patel’s $1, $2, and $5 targets are very bullish, especially because Dogecoin is down by 85% from its 2021 all-time high of $0.7316. At the time of writing, Dogecoin is trading at $0.109. The first major checkpoint would be confirming daily and weekly closes above $0.10, reclaiming higher resistance levels around $0.15 to $0.20, and confirming that the current structure has moved out of a long corrective phase. Featured image from Getty Images, chart from Tradingview.com
Sharplink will contribute $100 million in staked Ether to a Galaxy-managed fund as institutions seek to earn yield from crypto holdings without selling ETH.
A senior White House official has accused major banking trade leaders of refusing to join earlier talks on stablecoin rewards, escalating a dispute that has become one of the final pressure points ahead of the Senate Banking Committee taking up the CLARITY Act this week. In a May 11 post on the social media platform […]
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FBI Director Kash Patel said the use of AI has accelerated child exploitation investigations, threat detection, and internal operations.
Tether's initiative could decentralize AI and payment systems, reducing reliance on centralized entities and fostering innovation in local tech ecosystems.
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Venmo's restructuring could reshape fintech dynamics, impacting crypto strategies and investor confidence amid potential acquisition shifts.
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Ondo brings tokenized stocks to Hyperliquids HyperEVM as Global Markets tops $1B in TVL less than eight months after launch.
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Sharplink said its new Galaxy Digital partnership will deploy roughly $125 million into onchain liquidity and DeFi opportunities.
Increased military focus over diplomacy with Iran could escalate regional instability and hinder future diplomatic resolutions.
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Rising energy costs from geopolitical tensions may hinder economic stability, complicating monetary policy and prolonging inflation challenges.
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A successful summit could boost global trade stability and positively impact markets, while failure risks escalating tensions and market volatility.
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The rapid growth of $DRAM highlights the increasing investor focus on AI infrastructure, but also raises concerns about market volatility and supply constraints.
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Cerebras' IPO reflects surging AI chip demand, but its high valuation poses risks amid costly production and competitive market dynamics.
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Iran's stance complicates diplomatic efforts, potentially prolonging geopolitical tensions and hindering progress towards a nuclear agreement.
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The project has raised $2 million in pre-seed funding led by Galaxy Ventures and plans to launch USBD on Ethereum in early summer 2026.
The secret base heightens regional instability, complicates peace prospects, and may prompt defensive measures like airspace closures.
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Anchorage Digital co-founder and CEO Nathan McCauley said there will be ‘increased neutrality’ from his firm on stablecoins.
Gate’s CBO argues that Bloomberg’s warning of a TradFi takeover is "oversimplified," noting that global exchanges evolved past fee-only models years ago.
This high-profile delegation could strengthen US-China economic ties, potentially easing trade tensions and fostering mutual investments.
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TSMC's dominance in advanced chip production positions it to significantly influence global tech infrastructure and economic landscapes.
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The integration of stablecoin wallets by Corpay could accelerate global payment efficiency, pressuring competitors to adopt similar innovations.
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It is one of the most debated topics in the XRP community. Does holding XRP actually translate into direct financial benefit from Ripple’s commercial success as a company? Ripple CEO Brad Garlinghouse finally addressed it directly. His answer was nuanced, personal, and stopped short of making any firm commitments while leaving a door deliberately open. …
The closure exacerbates global economic instability, heightening energy market volatility and prolonging geopolitical tensions.
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A chart shared on May 7, 2026, by analyst @CryptoTice highlights a technical formation that mirrors the setup seen ahead of Bitcoin’s surge from roughly $17,000 to $69,000. According to the analysis, the same structural signals have appeared again on the long-term chart, raising expectations that the market could be preparing for another major rally. Bitcoin Rally Structure: ATH Break Then Retest The 2020 market cycle began when Bitcoin finally moved above its previous ATH after spending a long period trading sideways in an accumulation phase. However, the move did not immediately turn into a sustained rally. Instead, Bitcoin paused and began trading within a horizontal range close to the breakout level, forming a consolidation zone where significant trading activity took place. Related Reading: Pundit Predicts When The XRP Price Will Rally To $12 The chart shared by analyst CryptoTice shows that Bitcoin is forming a very similar structure in the current cycle. Just as in the earlier period, Bitcoin has already pushed beyond a previous ATH before settling into a comparable horizontal range. In both cycles, the breakout was followed by a period when the price slowed, and Bitcoin traded around the former resistance area. Instead of breaking down further, Bitcoin found support there and began stabilizing. This movement confirmed that the level that once acted as resistance had now turned into support, resulting in a retest of the former all-time high zone. The current chart indicates that the same retest pattern may be developing again. After reaching a new peak, Bitcoin has started moving back toward the breakout area once more. According to the analyst, this pullback represents the current retest phase of the cycle, closely matching the stage that appeared just before Bitcoin’s previous 400% rally. Bitcoin Rally Comparison: From Retest To Expansion After the retest held during the previous cycle, Bitcoin began moving upward again. Momentum gradually built until the market entered a strong expansion phase, eventually pushing Bitcoin from about $17,000 to $69,000. The chart indicates the current market may be approaching the same stage. In the earlier cycle, the rally began after Bitcoin successfully held the retest level. The present structure appears similar, with the green band on the chart marking the key support area analysts are monitoring to see if the pattern remains intact. Related Reading: Analyst Predicts Bitcoin Price Will Top $320,000 After ‘Cleanest Signal’ Emerged Current market data provides additional context. Bitcoin is trading near $80,667, with a market capitalization of about $1.61 trillion and a circulating supply close to 20 million BTC. Although the market is significantly larger than it was during the previous cycle, the long-term price structure still resembles the earlier formation. The analyst’s chart also includes a projected path reflecting the same sequence seen before: a breakout above the previous high, a retest of that level, and then a sustained rally. Overall, the chart suggests Bitcoin may be repeating the structure that previously led to a 400% rally, with the ongoing retest potentially serving as the launch point for the next major leg up. Featured image created with Dall.E, chart from Tradingview.com
The reported assassinations heighten geopolitical tensions, likely stalling diplomatic efforts and increasing instability risks in the region.
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Trump's rejection signals persistent US-Iran tensions, reducing diplomatic prospects and impacting market expectations for near-term resolutions.
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Ripple has closed a $200 million debt facility from Neuberger Specialty Finance, the asset-based lending arm of global investment manager Neuberger. The capital will expand the lending and margin financing capacity of Ripple Prime, Ripple’s institutional prime brokerage platform. The deal was announced Monday May 11, making it one of the largest debt facilities raised …
The stalled US-Iran talks heighten regional tensions, potentially leading to increased military actions and impacting geopolitical stability.
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Increased retail investment in chipmakers heightens market volatility risk, as high exposure could lead to significant losses if growth expectations falter.
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Ripple Prime's strategic expansion could accelerate institutional adoption of integrated digital asset trading, reshaping financial markets.
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