Dogecoin (DOGE) is back in focus as long-term chart structures continue to signal sustained bullish potential. While recent monthly price action has remained muted, a crypto analyst maintains that the meme coin’s broader technical trend has not been compromised. The analyst has projected that DOGE could eventually rally toward a long-term move beyond the $10 level. Dogecoin Bullish Structure Points Toward $10 On December 31, crypto market expert Olivier D Maximus posted on X that Dogecoin remains structurally bullish and could eventually cross $10. He noted that although price action has been slow and unimpressive, DOGE’s bullish framework continues to favor higher valuations in the long term. Related Reading: 7-Period Fractal Trend Says Dogecoin Price Is Headed To $10 He shared a new detailed chart analysis, indicating that DOGE’s monthly close generated little short-term excitement. However, he emphasized that the broader bullish framework remains intact, with attention now turning to what January may bring as the next decisive phase. Maximus pointed out that long-term structures often move quietly before big gains, and Dogecoin appears to be following this pattern. He stressed that patience is required when analyzing higher time frames, as monthly charts tend to capture macro trends rather than immediate volatility. In his view, the current consolidation does not invalidate Dogecoin’s upside thesis. The analyst’s chart showed Dogecoin trading within a clearly defined Ascending Channel that has held for several years. The meme coin’s price remains above the long-term rising support zone, reflecting higher lows over time. Additionally, multiple diagonal trend lines show that DOGE’s price has repeatedly corrected toward mid-channel support before resuming upward movement. These pullbacks appear controlled, reinforcing the possibility of a healthy long-term uptrend. Maximus has also spotlighted several ATH levels he expects Dogecoin to reach over time. The ascending channel seen on the chart points toward potential targets above $12, extending as high as $25. Moreover, the analyst has suggested that if Dogecoin maintains its structural integrity, future trends could push the meme coin into double-digit territory, making a surge from under $1 to $10 technically plausible. DOGE Enters Make Or Break Zone In 2026 In a separate X post, crypto analyst Trader Tardigrade revealed that the Dogecoin price is currently trading within a Descending Triangle, with the price sitting at the tip of the pattern around $0.122. This level has been highlighted as a potential make-or-break point where a pullback or surge could determine Dogecoin’s next big move. Related Reading: What The Rise In Open Interest Means For The Dogecoin Price If price breaks above the upper boundary of the Descending Triangle, Trader Tardigrade predicts that Dogecoin could experience a breakout to the upside. He has set a target of around $0.132, representing a surge of approximately 8.2% from the current price level. On the other hand, if DOGE breaks below the lower boundary of the triangle, the meme coin could tumble further toward $0.116, representing a roughly 4.9% crash. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst Erick Crypto has highlighted a Dogecoin price squeeze, which is currently playing out. Based on this, he mentioned two possible scenarios that could play out for the largest meme coin by market cap. Two Possible Scenarios as Dogecoin Price Squeezes In an X post, Erick Crypto stated that the Dogecoin price is squeezing hard, with a descending triangle and strong horizontal support around $0.136. He added that DOGE is compressing at the apex, which means that a breakout ot breakdown is imminent. The pundit warned that there is high volatility ahead of the meme coin. Related Reading: Pundit Reveals Why January Will Be A Month For Dogecoin, But Can DOGE Price Reach ATHs? Meanwhile, the crypto analyst stated that the Dogecoin price could see more downside if it loses the $0.13 support. On the other hand, it could record a relief rally if it breaks the trendline. He urged market participants to trade the breakout and not the noise. Erick Crypto’s analysis comes amid the crypto market downturn, which has already sparked a massive crash for DOGE. Notably, the Dogecoin price is down over 20% in the last month, since around when the Bitcoin price first crashed below the psychological $100,000 level. The meme coin has also failed to gain traction despite the launch of two DOGE ETFs during this period. Bitcoinist reported that these Dogecoin ETFs have so far underperformed and failed to gain interest from institutional investors. Meanwhile, the Dogecoin price and the broader crypto market are at risk of further declines as the Bank of Japan (BOJ) is likely to raise interest rates this week. This could tighten liquidity in the market and also lead to a further unwinding of the yen carry trade, which is a negative for crypto assets, including DOGE. DOGE Is At A Crossroad Crypto analyst CryptoCeek stated that the Dogecoin price is at that “classic meme coin fork-in-the-road.” The analyst explained that if the bears push and hold the price under $0.13, the door opens for a full retest of $0.10, where buyers historically aggressively buy the dip. On the other hand, CryptoCeek stated that reclaiming the 20D EMA near $0.14 would scream a bear trap, with $0.19 on the cards for “one of those classic DOGE squeezes.” Related Reading: Dogecoin Holds Demand Zone Above $0.13, What A Bounce Would Do Crypto analyst Master remarked that between $0.8 and $0.10 seems likely for the Dogecoin price. He added that the base case is that the meme coin trades sideways until 2028, when the next bull run may start. However, as CryptoCeek suggested, DOGE may bounce from around $0.10 as the bulls step in to accumulate more coins at that price level. Featured image from Pixabay, chart from Tradingview.com
Dogecoin has been bleeding lower in recent days, grinding back toward the mid-$0.13 band. Sellers have been in control of most candles in the past 24 hours, and each attempt at a rebound has faded quickly, leaving Dogecoin stuck near the bottom of a range. One crypto analyst on X has focused attention on an important technical level on the 2-day chart. Even though price action looks weak, Dogecoin is now sitting right on a long-term support zone inside a descending triangle pattern, and this area could become the launchpad for a strong upside move if buyers react from here. The chart shared with the analysis highlights exactly where Dogecoin is resting and why this region matters. Dogecoin Sitting On Major Descending Triangle Technical analysis of Dogecoin’s price action on the 2-day candlestick timeframe chart shows the meme coin has been trading in a clear descending triangle since December 2024. A downward-sloping trendline has capped every rally this year, leading to the creation of a series of lower highs that reflect persistent selling pressure throughout the year. At the same time, a horizontal support zone underneath in the mid-$0.135 to $0.14 region has caught multiple drops and prevented a deeper breakdown. Related Reading: Top Dogecoin Wallets Begin Rapid Accumulation As Price Struggles, Is A Surge Coming? Right now, Dogecoin is pressing that lower border again. The candles on the 2-day chart cluster just above the dashed support band, and the analyst, who goes by Butterfly on X, circled this cluster in green to show how closely the price is hugging the level. Each prior visit to this zone has produced at least a temporary bounce, which is why the current test is notable. The price action is tightening, and there is less room left for sideways movement before a decisive break happens. Dogecoin Is “Ready To Fly” In the post on X, the analyst notes that this support has been “respected multiple times” and that bulls are “getting ready to step in.” The most important thing is for the lower support to hold again, and the descending triangle may flip from a slow grind lower into a springboard for a strong reaction. Related Reading: Dogecoin Price Can Stage A 96% Rally If It Breaks This Falling Wedge Pattern A firm defense of this zone would mean that sellers are running out of momentum at these prices. From there, even a modest wave of buying could drive Dogecoin back toward the descending resistance line that cuts across the chart from the $0.25 to $0.26 area. A break and close above that trendline would mark the first clean higher high in months and would confirm that the triangle has resolved to the upside. The analyst’s green arrow on the chart sketches out this potential path. The path shows Dogecoin lifting from the current support band, breaking above resistance, and reaching as high as $0.4 in one swift move. Featured image from Pngtree, chart from Tradingview.com
Dogecoin (DOGE) is teetering on a critical edge as price action tightens within a descending triangle pattern, hinting at rising bearish pressure. The meme-inspired cryptocurrency has entered a phase of low volatility and narrowing price movement, a classic sign of market indecision that often precedes a significant breakout or breakdown. With the 200-period moving average applying dynamic resistance from above and horizontal support showing signs of strain, DOGE’s technical landscape suggests a potential collapse could be on the horizon if buyers fail to defend key levels. Price Coils Within Bearish Formation Ahead Of Potential Breakout Market analyst Thomas Anderson, in a recent post on X, pointed out that “DOGE is consolidating within a descending triangle pattern on the M30 timeframe,” signaling a period of indecision. This chart pattern, often seen in bearish continuations, is characterized by a flat support base with lower highs pressing from above. As Dogecoin trades deeper into this structure, the probability of a breakout, either upward or downward, is increasing with each narrowing move. Related Reading: Dogecoin’s Fate Hinges On This Price Level, Analysts Agree Anderson further explained that DOGE is “currently testing the upper resistance around $0.19998,” a key level that has capped recent bullish attempts. This resistance aligns with the descending trendline of the triangle and is strengthened by the 200 MA (red line), acting as dynamic resistance. The presence of the 200-period moving average at this level adds extra weight to the upper line, making any potential breakout attempt more challenging for the bulls in the near term. Until price action breaks decisively in either direction, DOGE remains locked in a tightening range. For now, Anderson’s observations underline the importance of this technical structure, as DOGE nears a critical inflection point. Triangle Compression Builds Tension For Dogecoin The analyst further emphasized that momentum appears to be weakening as Dogecoin’s price action tightens near the apex of the descending triangle. According to the expert’s observations, the 1-hour chart reinforces this broader consolidation phase, showing a clear compression of price within the pattern. This type of setup often leads to an explosive move once the market chooses a direction. Related Reading: Dogecoin Price Resistance In View: Why The Key Lies At $0.25 A confirmed breakout above the $0.19998 resistance could pave the way for a short-term bullish run, with higher targets potentially opening up if volume supports the move, potentially invalidating the bearish triangle pattern. However, failure to breach this resistance level may reinforce the bearish structure, increasing the likelihood of a pullback toward the lower triangle support around $0.19010, a critical area where buyers previously stepped in. Featured image from Getty Images, chart from Tradingview.com
Cardano (ADA) is flashing early signs of a potential breakout, with its latest chart structure suggesting that the bulls may be preparing for a major upside move, Thomas Anderson’s analysis. After weathering recent market volatility, ADA has carved out a base of support and is beginning to show constructive price action marked by rising lows and increasing buying interest. This shift hints that momentum is gradually tilting back in favor of the bulls. As the market eyes a recovery, ADA’s setup places it in a favorable position to capitalize on renewed bullish sentiment. Should momentum continue building and resistance levels break, Cardano could be on the verge of unlocking a powerful rally that pushes it toward new highs in the sessions ahead. Breaking Down The Key Chart Patterns: Why Cardano Is Poised For Growth In a recent post on X, analyst Thomas Anderson highlighted that Cardano is currently consolidating within a descending triangle pattern on the 1-hour timeframe, a formation often associated with potential breakout scenarios. He noted that the price is hovering near the lower boundary of the triangle at approximately $0.6292, a level that has provided support in recent sessions. Related Reading: The Cardano Anomaly: ADA Quiet Now, But The Math Says Otherwise Adding to the cautious tone, Thomas stated that Cardano is still trading below the 200-period moving average. Anderson explained that the inability to break above this moving average shows that bulls are struggling to gain control in the short term. However, the proximity to support and resistance levels could set the stage for a major price reaction. He highlighted that the 4-hour chart shows Cardano attempting a recovery, forming higher lows, which suggests growing bullish momentum. However, ADA faces significant resistance at $0.6974 and the 200-period moving average, causing bearish pressure. What The Bulls Need To Break Through According to Thomas, the $0.6974 resistance level plays a crucial role in determining ADA’s next move. A successful breakout above this level could confirm Cardano’s bullish outlook. If the bulls manage to defend the lower support level and volume starts to increase, there’s a strong possibility that ADA might break out to the upside, pushing past the resistance and completing the pattern. Related Reading: Cardano Price Could Be Set For 100% Rally As This Bullish Triangle Has Formed On The Daily Timeframe On the other hand, should Cardano fail to maintain support at $0.6292, it would trigger a deeper correction, dragging the price toward lower support levels. The immediate focus would then shift to areas around $0.60 and $0.58, which are crucial for the continuation of the uptrend. Once these levels are breached, it could signal a shift in market sentiment. Featured image from iStock, chart from Tradingview.com
Amidst ongoing market instability and volatility, the XRP price maintained support levels, even as many altcoins crashed this past week. A well-known crypto pundit has spotlighted a critical resistance level at $2.3, saying that XRP’s next move will largely depend on whether it can successfully break through this barrier. XRP Price At $2.3: A Make Or Break Point According to AMCrypto, an analyst on X (formerly Twitter), XRP had been maintaining strong support at $2. Compared to other altcoins that experienced severe price crashes earlier this year, XRP was one of the few that didn’t fall below the February capitulation price. Related Reading: XRP Price Set For ‘Hot’ April With Low Fibonacci Levels And High $5-$8 Target The $2 price level was a key support zone that acted as a barrier for XRP, as buyers stepped in to prevent further price decline. Notably, XRP had been consolidating just above this point for the past few months, showing immense resilience amid broader market volatility driven by news of the United States (US) tariff plans. However, recently XRP has dropped below $2 and is now trading at $1.68. AMCrypto has shared a price chart, highlighting that XRP recently broke out of a Descending Triangle pattern — a formation usually associated with strong price moves. However, for this breakout to have real momentum, the altcoin must push past the critical resistance level at $2.3. If XRP manages to clear this resistance level, the analyst predicts that its price could experience a rapid push toward the $3.00 – $3.20 region, marking new highs. Looking at the analyst’s price chart, historically, the token has experienced two strong breakouts from similar Descending Triangles. The most recent triangle saw XRP break above the $2.3 resistance zone with strong bullish candles. AMCrypto has warned that without a decisive breakout above the $2.3 resistance, XRP’s price action will likely remain confined in a wider consolidation range. This does not bode well for a short-term momentum, as it would limit further upward movement for the cryptocurrency until stronger bullish confirmation emerges. Analyst Predicts Price Crash To $0.6 The XRP price appears to be mirroring the broader market’s bearish trend, plunging by approximately 20% in the last 24 hours, according to CoinMarketCap. The cryptocurrency has also declined by 30% over the past month, highlighting sustained downward pressure and waning investor confidence. Related Reading: Analyst Unveils Extended XRP Price Target To $44, Reveals When To Take Profits In a recent post on X, crypto analyst Jesse Colombo pointed out XRP’s recent breakdown below key support zones, warning that the cryptocurrency is likely headed for an even deeper price crash to $0.6. The analyst highlighted the formation of a Head and Shoulder pattern on the price chart, a classic bearish reversal signal that often precedes a significant downward move. With XRP’s price currently trading at $1.68, a decline to $0.6 would represent a significant 64% decrease. Notably, AMCrypto has identified new support levels between $2 and $2.2, indicating that a rebound to this range could act as a critical barrier against further downside for the altcoin. Featured image from Adobe Stock, chart from Tradingview.com
Dogecoin‘s renewed price momentum has sent shockwaves in the general cryptocurrency sector. Due to this, several enlightened crypto experts have demonstrated robust bullish sentiment toward DOGE as they offer predictions about a possible major rally in the short term while highlighting movements akin to previous trends. Dogecoin To Mirror Past Cycle Trends? Market expert and […]
Positive sentiment around Dogecoin, the largest meme coin has seen notable growth, with a wave of bullish predictions from several crypto experts about its potential to undergo a major price movement on the upside, possibly to new all-time highs. Impending Major Rally Set To Take Dogecoin To New All-Time Highs Amidst recent market recovery, a […]