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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

Dogecoin started a fresh decline below the $0.1120 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1085 and $0.1115. DOGE price started a fresh decline below the $0.110 level. The price is trading below the $0.110 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1085 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1085 and $0.1115. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it closed below $0.1120, like Bitcoin and Ethereum. DOGE declined below the $0.110 and $0.1080 support levels. The price even dipped toward the $0.1050 level. A low was formed near $0.1058, and the price is now showing bearish signs well below the 23.6% Fib retracement level of the downward move from the $0.1172 swing high to the $0.1058 low. Dogecoin price is now trading below the $0.1085 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1085 level. There is also a bearish trend line forming with resistance at $0.1085 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.110 level. The next major resistance is near the $0.1115 level and the 50% Fib retracement level of the downward move from the $0.1172 swing high to the $0.1058 low. A close above the $0.1115 resistance might send the price toward the $0.1132 resistance. Any more gains might send the price toward the $0.1145 level. The next major stop for the bulls might be $0.1720. More Losses In DOGE? If DOGE’s price fails to climb above the $0.1085 level, it could continue to move down. Initial support on the downside is near the $0.1050 level. The next major support is near the $0.1020 level. The main support sits at $0.10. If there is a downside break below the $0.10 support, the price could decline further. In the stated case, the price might slide toward the $0.0880 level or even $0.0820 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1050 and $0.1020. Major Resistance Levels – $0.1085 and $0.1115.

Dogecoin’s rebound from recent lows has carried the memecoin into a dense resistance area, with crypto analyst Kevin of Kev Capital TA warning that the move remains a “counter trend rally” unless Bitcoin confirms a broader market reversal. In a May 6 market update, Kevin said Dogecoin’s recovery has so far played out in line with his prior view that the asset was likely to see a rebound from deeply oversold levels. He noted that he entered a DOGE position around $0.09 and that the trade was up roughly 26.6% at the time of recording. But he framed the rally as tactical rather than decisive, repeatedly stressing that altcoin charts should not be analyzed in isolation while Bitcoin dominance remains elevated. “Always remember when you’re analyzing an altcoin, the first thing you should be doing is analyzing Bitcoin and the USDT dominance chart,” he said. “From there, you can also analyze the pairing charts too. For example, Doge versus BTC. Then from there, you analyze the individual chart on its own, its own USD chart.” Key Dogecoin Price Levels Now For Dogecoin, the immediate technical focus is the area between $0.117 and $0.125. Kevin identified $0.117 as the 0.786 Fibonacci retracement and said DOGE was already pressing into that level. Just above it, he pointed to the daily 200 EMA and 200 SMA around $0.124 to $0.125, describing the entire band as “major major resistance.” Related Reading: Dogecoin’s XRP Fractal Just Put A Date On The Next ATH Run: Analyst That zone matters because it is where Dogecoin’s rebound begins to collide with the same type of higher-time-frame resistance now facing Bitcoin. Kevin said BTC remains technically in a countertrend move as it pushes into the $82,000 to $87,000 region, while USDT dominance is nearing his previously marked 6.8% to 6.6% target zone. In his framework, that combination means the crypto market is approaching a point where the rebound either confirms strength or begins to fade. “If this is a counter trend rally, we’re really getting long in the tooth on that counter trend rally,” he said. “Now, if something different is occurring and we’re entering back into a higher time frame uptrend, we’re breaking the four-year cycle narrative of needing to go down in the midterm year until Q4. We’re doing it now.” Kevin said the bullish scenario would require Bitcoin to break toward $95,000 to $100,000, then retest and hold key moving averages and Fibonacci levels as support. Until that happens, he argued, the more conservative technical interpretation is that Bitcoin and the altcoin market are still working through a recovery rally inside a larger corrective structure. For Dogecoin specifically, a sustained push above the first resistance band could open the door to a higher target area between $0.136 and $0.159. Kevin described that range as even heavier resistance, combining the 0.703 Fibonacci level with the golden pocket. He said DOGE has previously found resistance in that region, making it a key zone to watch if the rally continues. Related Reading: Dogecoin Sees Big-Money Interest: Whales Load Up On 160M DOGE The analyst also pointed to momentum risk. Dogecoin’s daily RSI had reached around 81, a level he described as rare over the past several years. While he acknowledged that RSI can still move higher in strong trends, he said DOGE was now approaching conditions where a pullback becomes increasingly likely, especially as price presses into major Fibonacci and moving-average resistance. “Anytime you’ve ever started to get up into these zones, and again, 81’s high. You can go higher, right? You can go into the mid 80s, the 90s,” he said. “But again, just remember, you’re really high up here on the RSI. You’re probably going to start again getting ready for some type of pullback here in the coming days.” That does not mean Kevin presented the rally as weak. He highlighted Dogecoin’s money flow as a constructive signal, saying it had moved from “very deep red” back into green territory after a prolonged bearish trend. In his view, that suggests real capital has begun rotating back into the asset. Still, his core message was risk management. If DOGE rejects near $0.117 to $0.125, he said traders should watch whether the asset can hold key four-hour moving averages on a pullback. A deeper breakdown toward the $0.05 to $0.06 area would not be his base case in the short term, but he said that zone would be an area where he would consider dollar-cost averaging into a larger position. For now, Dogecoin has staged a sharp recovery. The next test is whether it can turn that rebound into a trend shift — and, in Kevin’s view, that answer still depends first on Bitcoin. At press time, DOGE traded at $0.11143. Featured image created with DALL.E, chart from TradingView.com

Dogecoin has surged out of its recent consolidation with a decisive breakout, signaling a shift in market momentum. With key levels now flipped and holding as support, the setup points toward the potential for continued upside as buyers remain firmly in control.  DOGE Breaks Out As Compression Resolves Upward In a recent technical assessment, Zero Ika highlighted that Dogecoin’s long-standing price compression has finally been resolved to the upside. This shift was marked by a decisive breakout above the asset’s internal market structure. By clearing these key technical hurdles, the meme coin has transitioned out of its restrictive range, setting the stage for a new phase of price discovery. Related Reading: Dogecoin Surges 11%: Is This Parallel Channel Resistance Next? The recent breakout effectively melted through previous internal supply zones, which had historically acted as resistance. From a technical perspective, this breached supply area has now become a potential support level, providing a valid foundation for trend continuation. Future trading opportunities may arise from a potential local pullback in Bitcoin, provided that market conditions are evaluated in real-time. Zero Ika considers a long position with a modest position size, utilizing the Value Area High (VAH) as a form of coverage or protective floor. The primary objective for such a trade would be the higher-time-frame (HTF) unmitigated supply, which serves as the first major test of the current market structure. From a strategic preference, the analyst indicated a desire for a higher-time-frame Internal Value Buildup (IVB) model to develop and strengthen the setup. However, if Dogecoin continues its aggressive ascent, the identified flip zone is expected to provide the necessary bounce. If the price reaches the target supply before hitting the entry level, the trade may be skipped or reconsidered based on emerging price action. Dogecoin Maintains Strong Uptrend On 4H Chart According to a recent 4-hour Ichimoku update by Trader Tardigrade, Dogecoin is exhibiting a powerful uptrend. The price action consistently tracks above the Kumo (cloud), serving as a primary indicator of a sustained bullish environment, which suggests that the overall market sentiment for the asset remains firmly positive. Related Reading: Dogecoin Breakout Mirrors Past Trend — Bigger Move Coming? A key feature of this current move is the clean alignment between the price and the Tenkan-sen and Kijun-sen momentum lines. Dogecoin has been following these indicators higher, reflecting healthy trend-following behavior. The effectiveness of this technical approach was demonstrated through two high-precision long setups captured during the rally.  The first opportunity arose from a successful Kumo retest, resulting in a 26% gain, followed by a Kumo breakout combined with a bullish PK cross, which yielded an additional 23% return. These setups highlight the importance of waiting for confluence between momentum and structural support. These results underscore the value of using disciplined, high-probability setups to navigate volatile markets. Featured image from Getty Images, chart from Tradingview.com

Dogecoin started a decent increase above $0.1080 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.1165. DOGE price started a fresh increase above $0.1120 and $0.1150. The price is trading above the $0.1120 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.1125 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.1120. Dogecoin Price Climbs Above $0.120 Dogecoin price started a fresh increase after it settled above $0.1050, like Bitcoin and Ethereum. DOGE climbed above the $0.1080 resistance to enter a positive zone. The bulls were able to push the price above $0.1150. A high was formed at $0.1165 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.1088 swing low to the $0.1165 high. Dogecoin price is now trading above the $0.1120 level and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $0.1125 on the hourly chart of the DOGE/USD pair. If there is another increase, immediate resistance on the upside is near the $0.1165 level. The first major resistance for the bulls could be near the $0.120 level. The next major resistance is near the $0.1220 level. A close above the $0.1220 resistance might send the price toward $0.1250. Any more gains might send the price toward $0.1320. The next major stop for the bulls might be $0.1350. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1165 level, it could start a downside correction. Initial support on the downside is near the $0.1135 level. The next major support is near the $0.1125 level or the trend line. It is close to the 50% Fib retracement level of the upward move from the $0.1088 swing low to the $0.1165 high. The main support sits at $0.110. If there is a downside break below the $0.110 support, the price could decline further. In the stated case, the price might slide toward the $0.1050 level or even $0.1020 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1135 and $0.1125 Major Resistance Levels – $0.1165 and $0.1200.

Dogecoin may not be finished with its multi-year compression phase if a new XRP fractal chart from analyst Charting Guy continues to track. The setup suggests DOGE’s next decisive run toward a prior-cycle high could arrive around mid-2028, with the chart mapping a prolonged base before any attempt at a breakout. Charting Guy shared the updated DOGE/XRP fractal on May 4, writing simply: “DOGE with XRP fractal update ????.” The chart overlays an XRP-style historical price structure onto Dogecoin’s weekly Binance chart, showing DOGE trading near $0.107 while still contained inside a broad multi-year triangle that began after the 2021 blow-off top. What This Could Mean For Dogecoin Price The projected blue fractal line does not show an immediate vertical expansion. Instead, it sketches out a slow, grinding path through the remainder of 2026 and into 2027, with DOGE continuing to work through the same kind of lengthy post-euphoria consolidation that defined XRP’s prior cycle structure. The actual breakout phase, according to the overlay, would not begin until after the pattern approaches its apex, with the major acceleration appearing closer to mid-2028. Related Reading: Dogecoin Sees Big-Money Interest: Whales Load Up On 160M DOGE That is where the all-time high question becomes relevant. DOGE’s previous peak is marked near the 1.0 Fibonacci level at roughly $0.7605. The fractal projection does not place Dogecoin cleanly above that zone in the near term; rather, it implies that the asset would need to spend considerably more time compressing before retesting the upper cycle range. If the XRP fractal continues to hold, DOGE’s new all-time high attempt would likely come around the late-2028 window, not during the early stages of the current structure. Charting Guy had already framed the setup in January as a constructive development for DOGE’s cycle position. At the time, he wrote: “the good thing is, if this is happening, then the worst of it is over.. DOGE.” That earlier comment matters because the fractal is less about a straight-line price target than about where DOGE may sit in a larger market structure: after the deepest downside, but before the strongest expansion phase. Related Reading: Bitcoin Price Rally Could Trigger 20% Push for Dogecoin, Here’s When The chart also includes several Fibonacci extensions above the prior high, including levels around $1.451, $1.607, $2.362 and $4.130. Those levels drew attention from users, with one commenter asking: “$4? That’s it.” Charting Guy pushed back on that interpretation, replying that the chart “does not imply that,” indicating that the fractal should not be read as a direct promise of a $4 DOGE target. Before DOGE could challenge its former all-time high, the chart shows several Fibonacci levels acting as potential waypoints. The first major levels on the way up are the 0.236 Fib near $0.107, followed by the 0.382 level around $0.139, the 0.5 level near $0.193, the 0.618 level at roughly $0.267, the 0.702 level near $0.336, and the 0.786 level around $0.423. Above that, the 0.888 Fib sits near $0.559, before DOGE would reach the prior-cycle high zone marked around $0.7605. At press time, DOGE traded at $0.11188. Featured image created with DALL.E, chart from TradingView.com

On-chain data shows the Dogecoin whale supply has noted an uptick recently, a sign that big-money accumulation interest in the memecoin has gone up. Dogecoin Whales Have Bought 160 Million DOGE In Just 96 Hours As highlighted by analyst Ali Martinez in an X post, the Dogecoin whales have participated in net buying recently. “Whales” here refer to the large investors of the cryptocurrency holding a significant number of tokens in their wallet balance. Related Reading: Bitcoin DATs Capitulate—Could This Rare Signal Mark A Bottom? Thanks to their large holdings, this cohort can carry some degree of influence in the market. As such, its behavior can often be worth keeping an eye on. Even if it may not directly impact the asset’s price, it can still contain hints about the sentiment among these humongous entities. Now, here is the chart shared by Martinez that shows the recent trend in the supply of the Dogecoin whales: As displayed in the above graph, the Dogecoin whale supply has observed a jump recently. In total, the whales loaded up on 160 million DOGE (worth about $17.7 million) inside a 96-hour window during this accumulation spree. The buying from the whales has interestingly come after a significant price surge. While the amount involved hasn’t been too large, the fact that the group’s supply has trended up on the net can still naturally be a positive sign for the memecoin as it means that these large investors haven’t taken to profit-taking yet. Though, the indicator could still be to monitor for shifts in whale behavior in the coming days as it doesn’t tend to take much for Dogecoin market sentiment to flip. In some other news, Dogecoin has been making its way up a possible Parallel Channel, as pointed out by Martinez in another X post. A Parallel Channel is a technical analysis (TA) pattern that forms whenever an asset trades between two parallel trendlines. Parallel Channels can be classified into a few different types based on the orientation of the channel with respect to the graph axes, but in the context of the current discussion, the simplest Parallel Channel is of interest: one with trendlines parallel to the time-axis. From the chart, it’s visible that the 12-hour price of Dogecoin may  have been following such a pattern during the last couple of months. Earlier, the memecoin had been stuck in the lower half of the channel, with the midline at $0.1018 proving to be a resistance barrier. The recent price surge has meant, however, that the asset has broken out into the upper half. Related Reading: Bitcoin Rejected At Key Cost Basis Zone—Is $68,000 The Next Support? The analyst has noted that the next target for DOGE could be $0.1172, corresponding to the top level of the channel. DOGE Price Dogecoin surged to $0.113 on Sunday night, but the asset has retraced to $0.110 to kick off Monday. Featured image from Dall-E, chart from TradingView.com

Bitcoin’s recent weekend breakout above a key resistance level has set a potential blueprint for Dogecoin, with analysts pointing to a 25% move for DOGE if the meme coin can replicate BTC’s feat in the coming days. Related Reading: Satoshi’s 22,000 Wallets Could Make Quantum Attacks On Bitcoin Far More Difficult: Expert The world’s leading cryptocurrency cleared the $78,330 level — its 23-week moving average — over the weekend, posting a more than 3% rise and forming a pin bar candle on the weekly chart. That technical confirmation matters. Dogecoin faces the same test at its own 23-week moving average, sitting at $0.111, a threshold that has acted as a ceiling after an impressive three-week rally of roughly 20%. Bitcoin’s Breakout Sets The Stage For DOGE According to analyst, Crypto Mallu, the Dogecoin price is displaying some of the most bullish behavior on the Altcoin sector. The cryptocurrency has seen double digit gains over the past week while other top coins continue to trend sideways or trade at a loss on similar timeframes. The analyst stated the following via his X account: Dogecoin just jumped 4% – leading ALL major crypto gainers today. While ETH, SOL and XRP are bleeding… DOGE is pumping. This is either the most bullish altcoin signal of the or the dumbest meme coin moment of 2026. DOGE holders eating rn#Dogecoin #DOGE #Crypto #Altcoins — Crypto Mallu (@Cryptomallumeme) May 4, 2026 Dogecoin historically tracks Bitcoin as one of the most sensitive proxy assets in the nascent sector, making BTC’s weekly close above resistance a critical signal. $1 Target For the Dogecoin Price? A separate report claims that the Elon Musk backed cryptocurrency could see further gains in the coming days. The potential price target for DOGE stands at $1, said analyst LiqHunter via X. The analyst also highlights that if DOGE manages to flip $0.111 from resistance into support in the current week, the technical setup clears the path toward the 200-week moving average at $0.136. That would represent approximately 25% upside from current levels — a so-called mean reversion in traditional finance terms. The timing draws an additional parallel. The current setup, the analysis notes, bears a resemblance to conditions seen after the April 2025 local stagnation, when May became the month where deferred demand was finally realized. The Key Variable: Liquidity Not everything is settled. The report points out that BTC’s impulse has been confirmed, but whether Dogecoin carries enough liquidity to complete the scenario within the next seven days remains the open question. The market, as the analysis frames it, is in a waiting phase. This development marks a potentially decisive juncture for DOGE, with the coming week set to determine whether Bitcoin’s blueprint translates into an actual breakout or another stall at familiar resistance. Related Reading: XRP Setup Nobody’s Watching Points To Fast Move Higher, Crypto Analyst Says As of this writing, Dogecoin trades at around $0.109, consolidating near the critical $0.111 level after recent gains. DOGE's price trends to the upside over the past week as seen on the daily chart. Source: DOGEUSD chart on Tradingview Cover image from Grok, DOGEUSD chart from Tradingview

Dogecoin started a decent increase above $0.1050 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.1150. DOGE price started a fresh increase above $0.1150 and $0.120. The price is trading above the $0.1085 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.1085 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.1150. Dogecoin Price Climbs Above $0.1120 Dogecoin price started a fresh increase after it settled above $0.10, like Bitcoin and Ethereum. DOGE climbed above the $0.1050 resistance to enter a positive zone. The bulls were able to push the price above $0.1120. A high was formed at $0.1137 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.1009 swing low to the $0.1137 high. Dogecoin price is now trading above the $0.1100 level and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $0.1085 on the hourly chart of the DOGE/USD pair. If there is another increase, immediate resistance on the upside is near the $0.1135 level. The first major resistance for the bulls could be near the $0.1150 level. The next major resistance is near the $0.120 level. A close above the $0.120 resistance might send the price toward $0.1220. Any more gains might send the price toward $0.1250. The next major stop for the bulls might be $0.1320. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1150 level, it could start a downside correction. Initial support on the downside is near the $0.1100 level. The next major support is near the $0.1085 level or the trend line. The main support sits at $0.1075 and the 50% Fib retracement level of the upward move from the $0.1009 swing low to the $0.1137 high. If there is a downside break below the $0.1075 support, the price could decline further. In the stated case, the price might slide toward the $0.1020 level or even $0.10 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1085 and $0.1075 Major Resistance Levels – $0.1135 and $0.1150.

A monthly chart of Dogecoin shows a brutal pattern of repeated rejections and cascading drops that looks grim at first glance.  Crypto analyst Trader Tardigrade laid out a decade-long structure in which the Dogecoin price has been hammered at critical resistance three separate times, triggering a massive plunge on each occasion. The 2026 rejection is now in place, and the analyst sees a third repeat of the same devastating sequence. However, the chart has a twist that changes everything. Related Reading: Bitcoin ETFs Lose Nearly Half A Billion Dollars As Fear Returns To Crypto Dogecoin Gets Hammered On An Inverted Monthly Chart Trader Tardigrade’s chart shows DOGE/USD on the monthly timeframe, but the price scale is flipped. This means the lower the chart moves, the higher Dogecoin is moving in normal market price. The red descending line designated as a critical resistance is therefore not a bearish ceiling in the usual sense. It is a resistance line on an inverted chart, and a rejection from it sends the price downward. As shown on the chart, Dogecoin couldn’t break through and got sent straight back down below the level. However, considering this is inverted, what it actually means is that Dogecoin is bouncing on a support trendline. A drop on the inverted scale would translate into a rally in DOGE’s real price. The analyst pointed to three major moments when Dogecoin touched this inverted resistance and failed to break through. The first came around the 2017 cycle, the second around the 2021 cycle, and the third is being presented as the current 2026 setup. In each previous case, the rejection was followed by a large move downward on the inverted chart, which means a large rally upward on the normal Dogecoin chart. Dogecoin Price Chart. Source: @TATrader_Alan On X What’s Next For Dogecoin? “This drop is coming,” the analyst said. However, the drop being referenced is not a normal Dogecoin price crash. It is a drop on the inverted chart. In normal terms, that means the Dogecoin price would be rising. The chart’s projection even points to double-digit price levels if the historical drops on the inverted chart repeats itself. That target is extreme compared to Dogecoin’s current price around $0.108. A move to $1 would require DOGE to rise by more than 825% from current levels, while a move to $10 would require a rally of more than 9,000%. However, the projection on the chart shows the Dogecoin price going to as high as $23. This is why the chart should be read as a long-term setup. Related Reading: US CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield Update Speaking of price action, Dogecoin is actually showing signs of a bounce from support. DOGE reached as high as $0.11 in the past 24 hours, and it is currently up by about 10% in a seven-day timeframe. Interestingly, Dogecoin futures open interest is exploding and is now at its highest level of the year. Dogecoin Open Interest Featured image from Pexels, chart from TradingView

Dogecoin’s largest holders are becoming more active just as a widely followed analyst says DOGE printed its third clear monthly bullish morning star pattern. The overlap matters because the signal is not only technical: Santiment’s on-chain data shows whale activity and whale balances rising at the same time as DOGE rebounds from recent lows. Santiment Intelligence said Dogecoin whales recorded their busiest day in six months, with 739 transfers worth at least $100,000 in a single 24-hour span. The firm also noted that the largest DOGE wallets have continued to accumulate. Related Reading: Dogecoin Surges 11%: Is This Parallel Channel Resistance Next? “On-chain data indicates that Dogecoin’s whales have just hit a 6-month high in activity, with 739 $100K+ transfers in just a 1-day span. Additionally, of the 149 whale wallets holding at least 100M Dogecoin, they now collectively hold an all-time high of 108.52B DOGE (worth $11.6B). The memecoin’s +14% price rise over the past 10 days is very likely not just a coincidence.” Dogecoin Monthly Chart Signals Possible Reversal That on-chain backdrop coincides with Cantonese Cat’s monthly Dogecoin chart, which marks what the analyst described as “the third clear monthly bullish morning star pattern for DOGE.” A morning star is a three-candle reversal formation. In the DOGE chart, the first candle is a red down candle (February), the second is a smaller candle (March) that reflects hesitation after the selloff, and the third is a green candle (April) that closes back above the midpoint of the first candle. In crypto markets, where trading is continuous and traditional equity-style gaps are less clean, analysts often focus more on the structure: a sharp monthly decline, a compression or indecision candle, and then a strong recovery candle that shifts control back toward buyers. Related Reading: Dogecoin Looks Cheap On-Chain, But Leverage Is Building Fast Cantonese Cat’s DOGE chart highlights two previous comparable monthly formations. The first appeared from September to November 2017, after Dogecoin consolidated after a major 2,000% rally and just before the token’s major run into the 2017–2018 cycle peak. The second appeared from September to November 2020, shortly before DOGE broke into its historic 2021 rally. The analyst also used Bitcoin as a reference point for why he views the pattern as relevant. In a separate BTC monthly chart, Cantonese Cat wrote that a bullish monthly morning star had “marked 3 out of 4 past cycle bottoms,” “2 very important local bottoms,” and produced “2 false signals,” giving it a stated success rate of 71.4% for Bitcoin. That comparison does not guarantee the same outcome for DOGE, but it frames the pattern as one he treats as historically meaningful across major crypto charts, and again, Bitcoin could be a leading indicator. At press time, DOGE traded at $0.10897. Featured image created with DALL.E, chart from TradingView.com

An analyst has highlighted how Dogecoin crossed a Parallel Channel’s midline after its latest rally and is now heading toward its resistance level. Dogecoin Could Face Resistance At $0.1172 Next In a new post on X, analyst Ali Martinez has talked about a Parallel Channel forming in the 12-hour price of Dogecoin. A “Parallel Channel” is a technical analysis (TA) pattern that forms whenever an asset observes a phase of consolidation between two parallel trendlines. Related Reading: Bitcoin $90,000 Predictions Surge Across Social Media—Contrarian Signal? Like with other consolidation channels in TA, the upper level of a Parallel Channel tends to be a source of resistance for the coin, while the lower one that of support. A break out of either of these bounds can signal a continuation of trend in that direction. That is, a surge above the channel can be a bullish sign, while a drop under it a bearish one. Parallel Channels can be classified into a few different types based on how the channel is oriented with respect to the graph axes. Channels with a positive slope are known as Ascending Channels, while those pointing down are called Descending Channels. In the context of the current topic, the simplest case is the one of relevance: a Parallel Channel that’s parallel to the time-axis. Such a pattern corresponds to a phase of true sideways movement in the asset. Now, here is the chart shared by Martinez that shows the Parallel Channel that the 12-hour price of Dogecoin has been stuck inside for the last couple of months: As displayed in the above graph, the 12-hour Dogecoin price was earlier trading inside the lower half of the Parallel Channel, with the pattern’s midline situated at $0.1018 acting as a barrier for the memecoin. The 11% price jump for the past week, however, has meant that DOGE has finally broken past this resistance. The next relevant level in the channel is located at $0.1172, corresponding to the top level. It now remains to be seen whether the Dogecoin will perform a retest of this level in the near future or not. Related Reading: Bitcoin Market Returning To Risk-On? Flow Pulse Surges 136% From March Lows While Dogecoin has seen some bullish price action recently, fellow altcoin Solana has headed down instead. A consequence of this decline has been that SOL has dropped below the support level of a TA pattern, as the analyst has pointed out in another X post. From the chart, it’s visible that Solana was earlier trading inside a channel enclosed by two converging trendlines approaching each other at a roughly equal and opposite angle. Such a pattern is called a Symmetrical Triangle. Breakouts from this type of channel become likely as the asset approaches the apex, which is what appears to have happened with SOL this time as well. DOGE Price Dogecoin has surged to the $0.1064 level following its latest rally. Featured image from Dall-E, chart from TradingView.com

Dogecoin started a fresh increase from the $0.0950 zone against the US Dollar. DOGE is now facing hurdles near $0.1075 and might aim for a larger rally. DOGE price started a decent upward move above $0.100 and $0.1050. The price is trading above the $0.1040 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1020 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.10. Dogecoin Price Rallies Above Hurdles Dogecoin price remained supported above the $0.0965 zone and started a fresh increase, beating Bitcoin and Ethereum. DOGE climbed above the $0.0985 and $0.10 resistance levels. The price gained over 8% and tested the $0.1120 zone. It corrected some gains sharply and revisited $0.1009. The bulls remained in action and pushed the price back above $0.1050. There was a move above the 50% Fib retracement level of the downward move from the $0.1120 swing high to the $0.1009 low. Dogecoin price is now trading above the $0.1050 level and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $0.1020 on the hourly chart of the DOGE/USD pair. If the bulls remain active, the price could attempt another increase. Immediate resistance on the upside is near the $0.1075 level or the 61.8% Fib retracement level of the downward move from the $0.1120 swing high to the $0.1009 low. The first major resistance for the bulls could be near the $0.1095 level. The next major resistance is near the $0.1120 level. A close above the $0.1120 resistance might send the price toward the $0.1150 resistance. Any more gains might send the price toward the $0.120 level. The next major stop for the bulls might be $0.1250. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1075 level, it could continue to move down. Initial support on the downside is near the $0.1035 level. The next major support is near the $0.1020 level. The main support sits at $0.10. If there is a downside break below the $0.10 support, the price could decline further. In the stated case, the price might slide toward the $0.0955 level or even $0.0950 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1035 and $0.1020. Major Resistance Levels – $0.1075 and $0.1120.

A crypto analyst has placed a seven-figure bet against Dogecoin, warning that the market looks dangerously overextended. CryptoQuant’s JA Maartun opened a short position of 1 million DOGE, citing a sharp and rapid buildup of leveraged contracts that he described as a risky setup. Related Reading: Bitcoin Bull Run Brewing: ATH In Sight By Late 2026: Analyst The Numbers Behind The Warning DOGE futures open interest climbed 33% in just five days, jumping from roughly 505 million to approximately 683 million DOGE contracts. The surge was steady, beginning around April 23 and peaking close to 685 million before settling slightly. What made the move stand out wasn’t just the size — it was the fact that price barely moved during the same period. DOGE traded in a narrow band between $0.094 and $0.101 while the contract volume swelled. That kind of divergence typically signals traders piling into positions on borrowed exposure rather than actual buying in the spot market. Maartun’s short targets a price of around $0.09069, which would represent roughly a 10% drop from where DOGE was trading at the time of his post. DOGE: Open Interest is up +33% in the last 5 days. ???? pic.twitter.com/zVvia03RGh — Maartunn (@JA_Maartun) April 28, 2026 A Crowded Market With Nowhere To Hide When open interest rises sharply without a matching move in price, it creates tension. Both sides of the trade — long and short — become vulnerable to a sudden unwind. If buyers can’t push DOGE higher, overleveraged long positions may be forced to close, sending the price down fast. If sellers miscalculate, a short squeeze can push it sharply upward instead. Either way, the setup tends to produce volatility. Maartun acknowledged the risk openly, calling his own trade a “risky” one before placing it anyway. That kind of candor is uncommon in crypto commentary, where analysts often present calls with more confidence than the data supports. Bitcoin is currently futures-driven. Open interest is rising, but on-chain apparent demand remains net negative despite ETF inflows and Saylor buys. Historically, bear markets end when both spot and futures demand recover. pic.twitter.com/HcCjBQTniL — Ki Young Ju (@ki_young_ju) April 27, 2026 Bitcoin’s Weakness Adds Pressure The situation for DOGE doesn’t exist in isolation. Reports indicate that CryptoQuant’s CEO Ki Young Ju flagged a similar pattern in Bitcoin earlier, noting that BTC’s push toward $79,000 had been driven by futures activity rather than real demand. Related Reading: Crypto Markets Rattle As Bitcoin Sinks Under $77K Following Oil Spike On-chain data showed spot buying was still negative even as institutions and ETF inflows kept headlines bullish. Bitcoin subsequently pulled back toward $75,000 — and altcoins like DOGE felt the pressure. With Bitcoin retreating and DOGE futures open interest at elevated levels, the path of least resistance may be downward. A broader market dip would likely accelerate any unwind of crowded DOGE positions, given how quickly sentiment can shift in lower-cap assets. Featured image from Pexels, chart from TradingView

Dogecoin is approaching a critical inflection point as its price action tightens within a narrowing range. As key levels come into focus, the next breakout, whether upward or downward, could define DOGE’s short-term trend and unfold with significant momentum.  Dogecoin Tightens Range: Triangle Compression Signals Imminent Move According to a recent technical analysis by ChiefraT, Dogecoin is currently navigating a tightening triangle structure on its price chart. This pattern indicates a period of significant range compression, where the price is being squeezed between converging trendlines. As of the post, the asset was pushing directly into the upper trendline resistance, signaling an imminent volatility period. Related Reading: Dogecoin Shows Classic Ichimoku Strength – What This Means For Price The significance of this moment cannot be overstated, as the narrowing range suggests that a breakout or breakdown is imminent. When price action becomes this compressed within a triangle, it often serves as a coiled spring, building up the necessary energy for a decisive move.  Supporting the bullish case is the Relative Strength Index (RSI), which has been steadily climbing and is now positioned near the upper zone, reflecting strengthening momentum behind the current price push. With both the price action and the momentum oscillator hitting critical levels simultaneously, the technical confluence suggests that the market is reaching a major inflection point. Should Dogecoin successfully break and hold above this triangle resistance, it could open the door for a move toward the $0.105 to $0.11 range, and even higher if the momentum sustains. Conversely, failure to clear this hurdle would mean the consolidation phase continues within the existing structure. Harmonic Pattern Near Completion Klejdi Cuni highlighted that Dogecoin is currently completing a distinct harmonic pattern on the one-hour timeframe, with the price recently reaching the D point, a critical technical juncture that historically acts as a zone for potential trend reversals. This completion marks a pivotal moment in the current cycle, as the asset tests the structural limits of its recent upward move. Related Reading: Dogecoin Stalls Inside The Kumo — Volatility Surge On The Horizon? Initial market reactions suggest that the price has already begun to show signs of strong rejection after tapping the D point, indicating that bearish pressure is starting to outweigh buying interest in the short term. The underlying momentum appears to be fading following the latest attempt to push higher, further supporting the bearish outlook. As long as Dogecoin fails to reclaim and stabilize above the D zone, the technical structure remains skewed to the downside.  If the bearish structure unfolds as anticipated, the first objective for a move lower is the $0.0970 zone, which serves as a quick reaction level. A sustained breakdown would likely open the path toward $0.0959. Ultimately, a full completion of this corrective pattern could see Dogecoin declining toward the $0.0936 area as sellers seek deeper liquidity. Featured image from Getty Images, chart from Tradingview.com

Dogecoin is showing signs of deep on-chain undervaluation after a heavy year-long drawdown, but fresh data from Alphractal suggests the latest bounce is being driven more by leveraged speculation than renewed network demand. While DOGE has surged 10.8% over the past 30 days, the recovery has not repaired the broader structure. The token remains 42.75% lower year-over-year and still trades 22.27% below its 200-day moving average, leaving the larger trend technically fragile despite improving short-term momentum. Dogecoin On-Chain Valuation Points To Capitulation The strongest bullish argument in the data comes from Dogecoin’s valuation metrics. Alphractal AI’s analysis places DOGE’s MVRV ratio at 0.686, meaning its market capitalization is trading at a 31.4% discount to realized value. Historically, that kind of setup has been associated with accumulation zones, where weak hands have already absorbed significant losses and long-term buyers begin to reassess risk-reward. The NUPL reading tells a similar story. At -0.459, Dogecoin remains in what the analysis characterizes as capitulation territory, with the average holder still underwater. The realized price sits at $0.1383, meaning most DOGE holders acquired their coins above current levels. Related Reading: Dogecoin Keeps Getting Capped At This Parallel Channel Level, Analyst Says That gives the market a clean valuation thesis: DOGE is cheap relative to its own cost basis history. But the rest of the dataset complicates the story. As Alphractal’s AI writes, “DOGE sits in deep value territory by historical standards. The MVRV ratio at 0.686 indicates the market cap trades at a 31.4% discount to realized value — a level historically associated with accumulation phases. The NUPL at -0.459 confirms broad holder capitulation, with the average position underwater.” Traders Are Leaning Aggressively Long While spot-market weakness has not fully reversed, derivatives positioning has turned notably bullish. Open interest has climbed 15.73% over the past week to $1.02 billion, equivalent to 6.05% of Dogecoin’s market capitalization. The long/short ratio stands at 2.057, indicating that leveraged traders are positioned more than two-to-one toward the upside. The report also points to a positive whale-versus-retail delta of 0.843, suggesting larger traders are building long exposure. Top trader sentiment is even more one-sided, at 2.748, which Alphractal describes as strongly bullish. That positioning may support short-term upside if price continues to grind higher. It also raises the risk of a crowded trade. DOGE’s 24-hour liquidations were still relatively contained at $1.99 million, with shorts accounting for $1.10 million and longs for $891,000. But the imbalance matters because rising open interest can magnify moves in both directions, especially when it is not matched by improving network fundamentals. Related Reading: Dogecoin Social Buzz Just Collapsed: Here’s What The Data Shows The most bearish part of the report is not price. It is activity. Daily active addresses fell 38.35% in 24 hours to 37,197 and are down 44.88% over seven days. Daily transactions dropped even more sharply, plunging 64.30% in a single day to 26,189 and falling 51.27% on the week. Adjusted transfer value also declined 41.94% to $118.12 million. That deterioration creates a clear divergence between market positioning and actual network use. Speculators are increasing exposure, while transactional demand is fading. Alphractal frames this as the core risk: “The data reveals a dangerous split: derivatives traders are aggressively long while actual network usage evaporates and exchange reserves swell. This suggests the recent price bounce is driven by leveraged speculation rather than organic adoption.” Exchange balances add another layer of caution. Reserves rose 9.95% over the week to 27.52 billion DOGE, worth roughly $2.68 billion. Rising exchange reserves can indicate more available supply for sale, particularly when they coincide with weak on-chain demand. At press time, DOGE traded at $0.09922. Featured image created with DALL.E, chart from TradingView.com

Dogecoin started a fresh increase from the $0.0970 zone against the US Dollar. DOGE is now facing hurdles near $0.0995 and might aim for a larger rally. DOGE price started a decent upward move above $0.0950 and $0.0985. The price is trading above the $0.0980 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.0978 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.0970. Dogecoin Price Hits Resistance Dogecoin price remained supported above the $0.0950 zone and started a fresh increase, beating Bitcoin and Ethereum. DOGE climbed above the $0.0980 and $0.0985 resistance levels. There was a decent upward move above the 50% Fib retracement level of the downward move from the $0.1008 swing high to the $0.0969 low. However, the bears remained active near the $0.0995 zone. Besides, there is a key bullish trend line forming with support at $0.0978 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.0970 level and the 100-hourly simple moving average. If the bulls remain active, the price could attempt another increase. Immediate resistance on the upside is near the $0.0995 level or the 61.8% Fib retracement level of the downward move from the $0.1008 swing high to the $0.0969 low. The first major resistance for the bulls could be near the $0.10 level. The next major resistance is near the $0.1050 level. A close above the $0.1050 resistance might send the price toward the $0.1120 resistance. Any more gains might send the price toward the $0.120 level. The next major stop for the bulls might be $0.1250. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.0995 level, it could continue to move down. Initial support on the downside is near the $0.0975 level or the trend line. The next major support is near the $0.0970 level. The main support sits at $0.0950. If there is a downside break below the $0.0950 support, the price could decline further. In the stated case, the price might slide toward the $0.0920 level or even $0.090 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0970 and $0.0950. Major Resistance Levels – $0.0995 and $0.10.

Crypto analyst Crypto Paradise has warned that a Dogecoin trap is on the horizon, with the meme coin likely to suffer a crash soon. He pointed to a bearish pattern that signaled DOGE could drop to around $0.08 despite its recent reclaim of the $0.10 level.  Analyst Warns Of Dogecoin Trap With A Crash Imminent In a TradingView analysis, Crypto Paradise predicted a potential sharp downside move for Dogecoin, although he noted that some market participants may just call it a healthy pullback. He revealed that the meme coin had formed a classic Volume Spread Analysis pattern, which began with a buying climax followed by a climactic action bar.  Related Reading: Analyst Reveals Accumulation Level For Dogecoin Before It Rallies To $2 The analyst noted that this combination typically shows a distribution in which institutional investors use aggressive upward spikes to offload positions amid retail enthusiasm. Crypto Paradise added that when the crowd feels confident, smart money is already exiting their positions.  Notably, his analysis comes amid Dogecoin’s brief reclaim of the psychological $0.10 level today, with the meme coin rallying as Bitcoin broke above $79,000. However, Crypto Paradise’s prediction indicates that DOGE is still likely to see another crash, which could send the meme coin to new lows.  DOGE Could Drop To Around $0.08917 Crypto Paradise stated that if the bearish momentum in Dogecoin continues, the next major downside target is around $0.08917 and could be reached sooner than most expect. Commenting on the current price action, he noted that DOGE has swept the upper trigger line of the buying climax but has failed to sustain higher levels, with a candle breaking below the lower trigger line.  Related Reading: The Dogecoin Breakout That Could Send Price Rallying 3,000% To $4 The analyst explained that this is a classic confirmation that supply is dominating. Meanwhile, from a structural perspective, he noted that Dogecoin has clearly respected the descending resistance trendline and has failed to break above it. Crypto Paradise remarked that this rejection is likely because of an ongoing structural weakness.  At the same time, Crypto Paradise noted that market momentum has shifted to the downside and that the overall structure is bearish, further strengthening the bear case for Dogecoin. In line with this, the analyst declared that DOGE risks a move lower as long as the price remains within the 1-hour order block and fair value gap zone.  The immediate minor support for Dogecoin is around $0.09290, which will act as the first downside magnet if selling pressure persists. On the other hand, Crypto Paradise stated that this bearish outlook could be invalidated if DOGE manages to break above the key resistance at $0.10338 with a strong momentum candle.  At the time of writing, the Dogecoin price is trading at around $77,700, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Trader Tardigrade is pointing to a setup that could define Dogecoin’s next major move. The Dogecoin monthly candlestick chart, which stretches back to 2014, shows a pattern that has played out with remarkable consistency, almost mechanical in nature.  According to that structure, Dogecoin is now sitting right at the level where previous price explosions have been triggered. Related Reading: Stablecoins Go Institutional As Morgan Stanley Rolls Out New Portfolio A Pattern That Has Played Out Twice Before Dogecoin is still trading below $0.10 into the last week of April, languishing well below its cycle peak of $0.48 and largely ignored by many crypto investors. But for Trader Tardigrade, that lack of action may be precisely the point.  The structure at the center of Trader Tardigrade’s analysis is a descending triangle that appears to form on Dogecoin’s monthly chart at the end of every major market cycle. Looking at the monthly chart below, Dogecoin initially broke above this triangle formation in 2024. However, the meme coin has been on a price correction path since late 2024, and is now at the point of retesting the apex of the triangle. Interestingly, similar retests of the apex of the triangle, which is its tightest, most compressed point, have always indicated the precise moment before an explosive move to the upside. Back in 2017, Dogecoin compressed into the tip of such a formation and then surged in what became its first significant bull run. The pattern repeated in 2020, when the DOGE price once again coiled into the triangle’s apex before exploding into the historic 2021 rally that took the meme coin to a peak of $0.73. Now, in 2026, Trader Tardigrade is pointing to a third convergence. The monthly chart shows price action once again compressing and retesting the triangle’s tip. Dogecoin’s Price Chart. Source: @TATrader_Alan On X Dogecoin Price Projection According to Trader Tardigrade, when Dogecoin comes back to the tip of the triangle, it doesn’t ask permission. The prediction is a bounce from the triangle’s apex that pushes the Dogecoin price into new price territories. Notably, the analyst’s projection sees Dogecoin going as high as $2.4 if the bounce plays out in full. Although the pattern itself is clear, the broader market environment will likely play a key role in determining how this setup unfolds. This is because Dogecoin’s previous rallies coincided with strong bullish phases across the crypto market. The crypto market is more complex right now, and the fundamental landscape around Dogecoin in 2026 is materially different from what existed in prior cycles.  Related Reading: XRP Signals Imminent Breakout — Is A 10% Rally Coming? Bitcoin, for one, needs to stabilize into a full bullish momentum first. The leading cryptocurrency has been attempting to stabilize above $78,000, while capital flows into the industry have picked up in recent days. Featured image from Unsplash, chart from TradingView

Dogecoin is showing strong technical resilience as it continues to respect the Ichimoku Cloud, signaling sustained buyer interest and a healthy short-term structure. With price consistently bouncing from key support levels, momentum appears to be building, but the next move will depend on whether bulls can maintain control and push toward a breakout. DOGE Bounces Three Times From Kumo Support Trader Tardigrade recently revealed that Dogecoin has established a significant bullish pattern on the 4-hour timeframe. The asset has now successfully bounced off the bottom of the Ichimoku Kumo (Cloud) three separate times. This behavior shows that DOGE is currently tracking the trajectory of the cloud, signaling a steady shift in momentum. Related Reading: The Dogecoin Breakout That Could Send Price Rallying 3,000% To $4 The technical precision of these movements highlights classic Ichimoku behavior, as each pullback to the lower edge of the Kumo was cleanly respected as dynamic support. This repeated validation confirms that there is strong buyer interest at these specific price levels.  Leveraging this indicator, the analyst identified the exact bottom of the Kumo during the most recent retest, providing a high-probability long setup with solid follow-through as the price continued to move higher. The accuracy of the Kumo as a support level allowed for a clean entry with a clearly defined risk-to-reward ratio. Moving forward, the short-term market structure remains decidedly constructive on the 4H timeframe. As long as Dogecoin continues to hold above and trade along the Kumo, the bullish thesis stays intact. Monitoring the cloud boundaries is crucial, as maintaining this position helps to sustain the current upward trend and prevent a shift back into a neutral or bearish bias. Recurring Meme Coin Structures Signal Opportunity On X, analyst LSTrader outlined a broader strategy for Dogecoin, highlighting that similar technical setups are emerging across multiple meme coin projects. He noted that the same structure he previously identified on FLOKI is now appearing on the DOGE chart, suggesting that price action across the sector may be following a shared pattern. Related Reading: Dogecoin Breakout Mirrors Past Trend — Bigger Move Coming? LSTrader emphasized that this alignment is unlikely to be a coincidence. Instead, it points to a coordinated market structure developing within meme coins, where similar formations tend to repeat and offer consistent trading opportunities. Such patterns often reflect how liquidity flows through related assets, creating comparable setups across different charts. Based on this view, LSTrader sees these zones as highly significant and plans to focus on them in the coming period. Rather than betting on a single directional move, his approach is to trade the range both ways, taking advantage of swings between support and resistance while the structure remains intact. This strategy allows for flexibility and aims to capture opportunities regardless of short-term market direction. Featured image from Peakpx, chart from Tradingview.com

Following the bitcoin recovery above the $76,000 level last week, the Dogecoin price also saw a notable increase, rising by more than 10% in a 7-day period. This naturally saw a rise in interest in the meme coin and translated to a surge in its open interest. While this initial surge has been bullish, it now begs the question of whether the digital asset will be able to maintain this trajectory or risk another crash. Dogecoin Open Interest Reaches 2-Month Highs When the Dogecoin price surged past $0.1 recently, the open interest rose rapidly at the same time. The result of this surge was that the open interest had risen to levels not seen in more than two months. This pushed it toward the January 2026 highs, registering a notable change from the muted performance of the last two months. Related Reading: Strategy Overtakes BlackRock’s Bitcoin Holdings, But Is Saylor Done Buying? According to data from the on-chain tracking website, Coinglass, the Dogecoin open interest reached above $1.4 billion at its highest. While there has been a decline from this level, the Dogecoin open interest remains above the $1.2 billion mark, showing sustained interest in trading the meme coin. Usually, a rise in the open interest correlates with a rise in the asset’s price. So if the Dogecoin price continues its upward trajectory, then the rise in the open interest could continue. However, if the DOGE price does decline, then the open interest could take a nosedive again. DOGE Volume Decline Could Be Good For Price There has been a decline in the Dogecoin volume as the price seems to have turned downward again. But crypto analyst The Alchemist Trader explains that this could end up being a good thing for the price. In an analysis, the analyst points to this as being a consolidation phase. Related Reading: Analyst Sounds Bitcoin Warning: This Surge Above $78,000 Should Not Be Trusted Consolidation phases usually precede big moves, and looking at the fact that the Dogecoin price has maintained support above $0.07, the crypto analyst believes that the direction is likely to be upward. This will happen with a new volume influx and could lead to a bullish breakout. Once this happens, the analyst’s chart suggests that the Dogecoin price could see an over 40% increase as a result. Such a move would put the men coin price above the $1.4 level. “From a technical standpoint, as long as Dogecoin holds above the $0.07 support level, the structure remains favorable for a bullish breakout,” the analyst stated. “This level acts as a key foundation for buyers, and maintaining support here keeps the upside scenario intact.. Featured image from Dall.E, chart from TradingView.com

Dogecoin corrected some gains from the $0.0985 zone against the US Dollar. DOGE is now holding the $0.0950 support and might aim for a fresh upside. DOGE price started a fresh downside correction below $0.0965. The price is trading above the $0.0950 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.0955 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0950. Dogecoin Price Holds Support Dogecoin price started a downside correction after it failed to surpass $0.0985, like Bitcoin and Ethereum. DOGE declined below the $0.0980 and $0.0970 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0936 swing low to the $0.0985 high. The price even spiked below $0.0955 before the bulls appeared. Dogecoin price is now trading above the $0.0950 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.0955 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.0980 level. The first major resistance for the bulls could be near the $0.0985 level. The next major resistance is near the $0.10 level. A close above the $0.10 resistance might send the price toward $0.1120. Any more gains might send the price toward $0.1150. The next major stop for the bulls might be $0.120. Downside In DOGE? If DOGE’s price fails to climb above the $0.0980 level, it could continue to move down. Initial support on the downside is near the $0.0955 level and the trend line. It is close to the 61.8% Fib retracement level of the upward move from the $0.0936 swing low to the $0.0985 high. The next major support is near the $0.0950 level. The main support sits at $0.0920. If there is a downside break below the $0.0920 support, the price could decline further. In the stated case, the price might slide toward the $0.0880 level. Any more losses might call for a test of $0.0850. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0950 and $0.0920. Major Resistance Levels – $0.0980 and $0.0985.

A cryptocurrency analyst has pointed out how Dogecoin has seen its last five breakout attempts rejected by the middle line of a Parallel Channel pattern. Dogecoin May Have Been Following A Parallel Channel Recently In a new post on X, analyst Ali Martinez has talked about a Parallel Channel forming in the 4-hour price of Dogecoin. The “Parallel Channel” refers to a class of patterns from technical analysis (TA) that emerge whenever an asset observes consolidation between two parallel trendlines. Related Reading: Bitcoin Rally Catches Shorts Offside—$200M Liquidated As Price Hits $79,000 The upper line of the channel is likely to be a source of resistance for the price, while the lower one that of support. A break out of either of these bounds can signal a continuation of trend in that direction. Depending on how the trendlines are oriented with respect to the graph axes, Parallel Channels can be sorted into a few different types. When the trendlines are pointing up, the pattern is known as an Ascending Channel. Similarly, a channel with a negative slope is called a Descending Channel. These two channels correspond to a phase of consolidation to a net upside and downside, respectively. In the context of the current topic, the Parallel Channel of interest falls into a third type: one where the trendlines are parallel to the time-axis. This type of channel naturally represents a phase of completely sideways movement in the asset. Now, here is the chart shared by Martinez that shows the Parallel Channel that the 4-hour price of Dogecoin has potentially been trading inside over the last couple of months: As displayed in the above graph, Dogecoin has recently been stuck in the lower half of this Parallel Channel. The memecoin has made five retests of the midway line, but all of these attempts have ended up in rejection. This level is located at $0.1018. DOGE’s most recent retest of the line took place just last week. Since this latest rejection, the cryptocurrency has retraced to the quarter mark of the channel. It now remains to be seen whether the coin will see another run to the resistance line or if it will retest the support level at $0.0884 instead next. Related Reading: Bitcoin Hits $78,000—All Eyes On $80,700 Cost Basis? In some other news, Dogecoin witnessed a high amount of transaction volume last week, as the analyst has highlighted in another X post. From the chart, it’s visible that the Dogecoin network saw almost $800 million in transfer volume on April 16th alone. Thus, it would appear that activity related to the memecoin was elevated last week. DOGE Price Dogecoin has dropped back to the $0.0966 mark following its pullback. Featured image from Dall-E, chart from TradingView.com

Dogecoin’s social momentum has fallen off sharply, and the rest of the market data suggests that the memecoin’s latest phase is being driven more by derivatives positioning than by any broad recovery in underlying network demand. That was the core message from Joao Wedson, founder and CEO of Alphractal, who wrote on X that “the number of social media interactions about Dogecoin has dropped drastically.” He added: “The truth is, only a few altcoins currently have strong engagement on social platforms. Interest usually increases much more during bull markets.” Dogecoin’s Underlying Data Looks Weak The social slowdown lines up with a broader cooling in on-chain activity. Daily active addresses were running at 37,197, down 38.35% on the day and 44.88% on the week, according to data by Alphractal. Daily transactions fell even harder, dropping to 26,189, down 64.30% day-over-day and 51.27% week-over-week. Adjusted on-chain transfer volume came in at $118.12 million, down 41.94% on the day and 41.25% on the week. Related Reading: Dogecoin ‘Launchpad’ Ready? Analysts Forecast Big DOGE Price Move Amid Volume Spike Taken together, those figures point to a network that is seeing less participation across the board. That matters because it undercuts the idea that DOGE is already in a clean demand-driven recovery. Alphractal’s AI explicitly frames the current setup as one where price action is “more sentiment- and positioning-driven than usage-driven.” There is, however, another side to the picture. Alphractal AI described DOGE derivatives as showing “a risk-on bullish regime” as open interest expanded to $1.099 billion and the long/short ratio climbed to 2.6433. In its words, that reflects “leveraged upside appetite.” But the same summary immediately flagged the catch: “The primary risk is crowded longs, with the Long/Short Ratio 2.6433 signalling imbalance and a conflict between elevated leverage and fragile directional conviction.” That tension runs through nearly all of the current DOGE data. On valuation, the asset looks depressed rather than overheated. DOGE is trading roughtly at $0.096 versus a realized price of $0.1383, leaving its MVRV ratio at 0.686. Net Unrealized Profit/Loss stood at -0.459, which Alphractal places in a capitulation zone. In plain market terms, the average holder remains underwater, and the network is still sitting in a loss-heavy regime more associated with late-stage drawdowns or early recovery phases than speculative euphoria. Related Reading: Binance Top Traders Quietly Build Dogecoin Long Exposure Short-term momentum, meanwhile, appears to be stabilizing but not breaking out. Alphractal’s AI says RSI is near neutral and MACD has turned bullish, suggesting that downside pressure has eased. Even so, DOGE remains below its long-term averages and “well under the 200-day baseline,” which keeps the broader structure restrained. Supply data adds another layer of caution. Circulating supply stands at 153.95 billion DOGE, while exchange reserves have risen to 27.19 billion DOGE, worth roughly $2.66 billion, after climbing 8.45% over the past seven days. Rising exchange balances are typically read as a sign that coins are moving onto venues where they can be sold, not evidence of a tightening supply backdrop. There are a few offsets. Alphractal AI notes a mildly positive whale-versus-retail delta, implying somewhat stronger participation from larger players, and a 365-day delta growth rate of +4.54, which suggests DOGE retains some longer-horizon structural resilience. But the composite market sentiment reading remains neutral, not decisively bullish. The result is a mixed but fairly coherent picture. DOGE may be in a valuation-recovery zone, and leveraged traders are clearly leaning for upside. Still, collapsing social engagement, falling address and transaction counts, weak transfer volume, and rising exchange reserves make it hard to argue that a durable spot-led expansion is already underway. At press time, DOGE traded at $0.09603. Featured image created with DALL.E, chart from TradingView.com

As Dogecoin (DOGE) consolidates below a key area, some analysts suggest that the market’s recent bullish momentum and whale accumulation could push the memecoin’s price above a crucial resistan level soon. Related Reading: Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack Dogecoin Big Price Move Faces Strong Resistance On Tuesday, Dogecoin continued to move sideways between the $0.093-$0.096 price range after failing to break above a crucial resistance level. Amid last week’s market pump, the leading memecoin broke out of the $0.096 barrier for the first time in two weeks, briefly touching the $0.10-$0.102 resistance on Friday. Market analyst Ali Martinez suggested that DOGE is preparing for a big price move, fueled by bullish momentum and whale accumulation. Notably, the memecoin recently saw one of its highest transaction volumes of the month and one of its highest volume spikes Year-to-Date (YTD), with over $800 million transacted on April 16. In addition, large holders have accumulated over $330 million in Dogecoin over the past week, signaling key demand and confidence in the largest memecoin by market capitalization. Nonetheless, Martinez also analyzed DOGE’s technical structure, noting that cryptocurrency has been consolidating within a horizontal channel since the late-January, early-February market crash. Per the chart, the channel’s mid-range mark, around the $0.10 level, has been a strong resistance barrier over the past three months, with Dogecoin failing to reclaim it despite multiple attempts. To the analyst, only a sustained close above $0.10 could push the memecoin toward the local range highs and open the door to a retest of the upper resistance at $0.12, a level untested since mid-February. DOGE’s Macro Chart Eyes Parabolic Run In a series of X posts, Market observer Trader Tardigrade stated that Dogecoin is “showing strong signs” that its downtrend is losing momentum, pointing out that selling pressure appears to be fading.  As he explained, DOGE has recently flashed Bullish Divergence two times, with the indicators refusing to go down despite the price continuing to print lower lows. “That’s a sign the selling force is fading and a shift from downtrend to uptrend could be around the corner,” the trader said. He also shared a macro outlook, affirming that Dogecoin’s launchpad, the setup before a massive surge, is “in place.” According to the chart, this setup formed between 2016 and 2017 and led to a massive rally toward its 2018 all-time high (ATH) of $0.175. “A breakout move toward the moon looks next. Momentum is building,” Trader Tardigrade suggested, adding that “a surge in volume could ignite the next leg higher.” Related Reading: A Stark XRP Price Call: Why One Analyst Says It Could Be Under $1 By 2031 Analyst Bitcoinsensus also shared a macro cycle outlook, stating that Dogecoin continues to trade within a large multi-cycle structure. The market watcher affirmed that the cryptocurrency’s current setup resembles DOGE’s previous macro consolidations. The chart shows that after retracing from previous highs, the cryptocurrency recorded a long consolidation, followed by a parabolic run to new highs, with these breakouts leading to 60x and 215x gains. “The broader formation keeps Cycle 3 in focus, while the market watches to see whether this phase develops like the earlier ones,” Bitcoinsensus stated. Featured Image from Unsplash.com, Chart from TradingView.com

Dogecoin started a recovery wave above the $0.0940 zone against the US Dollar. DOGE is now facing hurdles near $0.0975 and might struggle to continue higher. DOGE price started a recovery wave from $0.0925 and climbed above $0.0940. The price is trading above the $0.0950 level and the 100-hourly simple moving average. There is a rising channel forming with resistance at $0.0970 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.0925. Dogecoin Price Hits Resistance Dogecoin price started a recovery wave from the $0.0925 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.0935 and $0.0942 resistance levels. There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1021 swing high to the $0.0926 low. However, the bears remained active near the $0.0970 zone. Besides, there is a rising channel forming with resistance at $0.0970 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.0950 level and the 100-hourly simple moving average. If there is another recovery wave, immediate resistance on the upside is near the $0.0970 level. The first major resistance for the bulls could be near the $0.0975 level or the 50% Fib retracement level of the downward move from the $0.1021 swing high to the $0.0926 low. The next major resistance is near the $0.10 level. A close above the $0.10 resistance might send the price toward the $0.1020 resistance. Any more gains might send the price toward the $0.1065 level. The next major stop for the bulls might be $0.1120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.0975 level, it could continue to move down. Initial support on the downside is near the $0.0950 level. The next major support is near the $0.0932 level. The main support sits at $0.0925. If there is a downside break below the $0.0925 support, the price could decline further. In the stated case, the price might slide toward the $0.090 level or even $0.0880 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0950 and $0.0925. Major Resistance Levels – $0.0975 and $0.10.

Crypto analyst Trader Tardigrade has predicted that Dogecoin could rally 3,000% to a new all-time high (ATH) of $4. The analyst highlighted a bullish setup, indicating that the leading meme coin has formed a base that could spark a parabolic rally to the upside.  Dogecoin Eyes Rally To $4 With This Bullish Setup In an X post, Trader Tardigrade stated that Dogecoin’s launch pad is set and that the setup before a massive surge is in place. His accompanying chart showed that DOGE could reach $4, seeing as this launchpad has formed. Such a move could mirror the 2017 bull cycle, where the meme coin surged from $0.000170 to $0.005.  Related Reading: Dogecoin Nears Key Turning Point As TCT Model Begins To Form Trader Tardigrade stated that a breakout move toward the “moon” looks next, especially with momentum building, and that a surge in volume could ignite the next leg higher. In another X post, the analyst said that Dogecoin has flashed bullish divergence twice. He added that the price kept printing lower lows, but the indicators refused to follow.  He explained that this is a sign that selling pressure is fading and that a shift from a downtrend to an uptrend could be on the horizon. The analyst reiterated this bullish outlook in another analysis, stating that Dogecoin is showing “strong signs” that the downtrend is losing momentum. Trader Tardigrade revealed that an inverse head and shoulders has formed on the lower timeframe (LTF).  Now, price is pushing toward the neckline. Trader Tardigrade said that a clean breakout and hold above the neckline would confirm a short-term relief rally. If this happens, the analyst stated that a multi-timeframe trend reversal could occur soon, which would be bullish for Dogecoin. He indicated that DOGE’s first focus would be to reclaim the psychological $0.10 level.  DOGE Still Trading With Multi-Cycle Structure Crypto analyst Bitcoinsensus stated that Dogecoin continues to trade within a large multi-cycle structure, with the chart highlighting similarities between the current setup and prior macro consolidations. The analyst added that the broader formation keeps cycle 3 in focus, while the market watches to see whether this phase develops like in the earlier bull cycles.  Related Reading: Dogecoin Breakout Mirrors Past Trend — Bigger Move Coming? However, in the short term, the analyst predicts Dogecoin could see another move lower. Bitcoinsensus stated that a DOGE head-and-shoulders breakdown was in play. The analyst noted that the chart also points to a lower support zone as the measured move area. This keeps the region in focus while the DOGE price remains weak, trading below its former structure. The accompanying chart showed that the meme coin could fall to $0.05 on this breakdown.  At the time of writing, the Dogecoin price is trading at around $0.095, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com

Crypto analyst Kevin, known online as Kev Capital TA, said he has started buying Dogecoin again after the memecoin fell back to what he described as a major long-term support zone near $0.095. In a video published April 20, Kevin argued the level matters because it aligns with the measured move target of Dogecoin’s weekly bear flag and with a price area that has repeatedly acted as both support and resistance across prior cycles. Dogecoin Could Be Near A Major Turning Point Kevin said Dogecoin’s corrective move from its December 2024 cycle high near $0.49 has now largely fulfilled the downside target he had been watching for months. “If you just take the measured move target of the bear flag pattern, you’re basically sitting at the exact same price of what the measured move target is,” he said, placing that target at about $0.095. That level, in his view, is not just a technical target but a historically important zone. Kevin pointed back to August 2024, when Dogecoin bottomed near the same area before rallying sharply in the fourth quarter, and to earlier periods in 2022, 2023 and early 2024 when the band acted as resistance, support, or a breakout-retest level. “This is a major level, right? This is a major major zone,” he said. “You found support here back in January 2024 before we legged up to the 23 cents level. You found the support here again in the summertime of 2024 before we legged up to 49 cents.” Related Reading: Bitcoin Rally May Be A Trap As Whales Sell Into Strength Even so, Kevin stopped well short of calling a confirmed macro bottom in Dogecoin. His broader framework remains centered on Bitcoin, which he repeatedly described as the market’s primary signal. “Altcoin charts are not living in their own world,” he said. “Bitcoin is the captain. Bitcoin is the king. Bitcoin is the queen. Whatever way you want to put it, whatever way you want to slice and dice it, that’s the way the market goes.” That point shaped the rest of his Dogecoin thesis. Kevin said he has started a position at current levels, but only as part of a gradual accumulation plan that depends heavily on how Bitcoin behaves in the weeks ahead. “I have in our private group started a position in Dogecoin down at these levels,” he said. “My plan is to continue to allocate into it if I get the opportunity to. If Bitcoin were to leg lower … then I would hope to get the opportunity to then slowly, very slowly allocate into Dogecoin all the way down into this $0.08, $0.07, $0.06, maybe $0.05.” His near-term read is constructive, but only in a limited sense. He pointed to improving weekly money flow, buy signals, upside movement in weekly stochastic RSI, and a bullish turn in LMACD on lower time frames as evidence that the market is in a late-winter, early-spring countertrend rally. But he argued Dogecoin still faces a heavy technical ceiling before traders can talk about a real trend reversal. Related Reading: Bitcoin Recovery Still Looks Like A Bear Market Rally, Analyst Says On the weekly chart, Kevin said Dogecoin needs to reclaim the 21-week EMA and 20-week SMA around the low-$0.11 area, while higher resistance bands sit around $0.136, $0.147 and $0.161 depending on the moving average used. On the monthly chart, he said the picture is even less convincing. Dogecoin, according to Kevin, closed below the 100 EMA on the monthly for the first time in its history, while monthly momentum, money flow and LMACD have yet to show the kind of reset he associates with the end of a bear market. “Treat it as a bear market for now,” he said. “This countertrend rally is nice, but for now, it’s still just a countertrend rally on the crypto market until proven otherwise.” That leaves Dogecoin in a familiar place: attractive enough for selective accumulation, but still dependent on Bitcoin to validate any broader reversal. Kevin said he expects the “true bottom” for the cycle to arrive sometime between July and October if the standard four-year pattern continues. Until then, his message was less about chasing Dogecoin itself than about watching the asset that still sets the tone for everything around it. At press time, DOGE traded at $0.09558. Featured image created with DALL.E, chart from TradingView.com

Binance’s top traders are leaning more aggressively toward the long side in Dogecoin, even as broader price action remains muted. Data shared by CryptoQuant verified author CW on a 4-hour basis, along with an additional 24-hour Coinglass snapshot reviewed for NewsBTC, points to the same underlying trend: large traders on Binance are building bullish exposure to DOGE. CW framed the move in simple terms: “Amidst the current sluggish trend, Binance top traders are increasing their long positions on DOGE. They are quietly increasing their bets on a rise in DOGE.” The charts back that up. On the 24-hour view, the long/short ratio for top trader accounts reached 3.63 as of April 20 at 02:00, with 78.4% of accounts positioned long versus 21.6% short. The positions-based ratio, which tracks the size of those bets rather than just the number of traders, climbed to 2.52, with 71.61% of positions long and 28.39% short. What This Means For Dogecoin Price The accounts ratio shows how many of Binance’s top traders are net long or net short. The positions ratio goes a step further, capturing how much capital those traders have allocated to each side. When both metrics rise together, it suggests the signal is not just a matter of more traders leaning bullish. It also indicates that the aggregate size of long exposure is increasing. Related Reading: Dogecoin Could Shock Traders With A Run To $5, Analyst Says The 4-hour view points in the same direction, only on a shorter time frame. Over the last several sessions, both the accounts-based and positions-based long/short ratios trended upward, with the accounts ratio pushing toward roughly 3.7 and the positions ratio nearing 2.4. In practice, that means the latest move is not isolated to a longer-dated snapshot. The build in long exposure has also been visible in more recent trading intervals. For DOGE, the immediate implication is straightforward: top Binance traders appear to be positioning for upside before price has fully broken into a stronger trend. That can matter because futures positioning often shifts ahead of spot confirmation. If the market begins to move higher, that existing long bias can amplify momentum as traders who are already leaning bullish add conviction and sidelined participants chase the move. Related Reading: Dogecoin Just Failed At A Key Level, Now $0.088 Is In Focus But the data does not amount to a guarantee of a breakout. Positioning is a directional clue, not a completed price move. A market with a heavy long tilt can support a bullish case, especially when large traders are scaling in during a quiet stretch rather than after an obvious vertical rally. Even so, a crowded long trade can cut both ways. If DOGE fails to attract fresh spot demand or the broader market weakens, the same leverage that helps accelerate an upside move can increase the risk of a flush lower. That is why the combination of these two charts is notable. The signal is not merely that sentiment has improved. It is that large traders on Binance appear willing to express that view with actual size. The 24-hour charts show a sustained rise over weeks, while the 4-hour view suggests the trend has remained intact into the latest readings. At press time, DOGE traded at $0.09489. Featured image created with DALL.E, chart from TradingView.com

The Dogecoin price is still compressed into a narrowing range just below $0.1, but analyst Lars has issued an update to a technical framework he has been tracking for weeks, one that now points to a significant move coming for the meme cryptocurrency. The outcome, however, hinges on one crucial confirmation that has yet to arrive. Related Reading: Bitcoin, Ethereum Trading Expands As Charles Schwab Enters Crypto Market Dogecoin TCT Model Begins To Play Out Bitcoin inflows are still steering the broader market, but Dogecoin has yet to fully follow that inflow momentum. It briefly pushed above $0.10 in the last 24 hours but has since slipped back below, leaving this level as the key pivot that will determine whether the price remains range-bound or transitions into a more decisive move. That is the basis of a new chart update from crypto analyst Lars on X, where he said he has adjusted the starting point of the current range and is now waiting for what he calls a TCT model 1 distribution confirmation.  Lars’ update is centered on a revised read of where the current trading range should begin, which changes how the compression structure is interpreted. In the charts he shared, Dogecoin is shown moving upward into a pink resistance band that stretches from $0.098 into the low-$0.10 region.  That band sits above a series of rising local lows on the one-hour candlestick chart, and the projected path suggests one more push higher into a third tap before rejection. The 4-hour chart carries the same idea on a broader timeframe, where Lars labels the region as a decisional range to monitor for distribution schematics, adding that no confirmation means no trade. Dogecoin Price Chart. Source: @Larskooistra_ On X The $0.10 Resistance And What Lies Beneath It The $0.098 to $0.100 band has functioned as stubborn resistance for Dogecoin since late March. Dogecoin has been forming lower highs while holding a stable base, indicating that while sellers remain active near resistance, they are no longer able to push the price significantly lower. The price action in the past three days, however, led to a higher high compared to April 6, which saw the Dogecoin price tap $0.1 as predicted. In another analysis, the analyst said he attempted to short Dogecoin during an extended TCT distribution, following a bearish break of structure at the New York open. The move initially looked like confirmation of further downside, but he noted there were two possible explanations behind the price action. One scenario was that the breakdown was genuine, with market makers stepping in to push the price lower right at the session open. The other pointed to a manipulation sell-off, possibly linked to Bitcoin accumulation. Related Reading: BREAKING – Bitcoin Breaks $78K As Iran Reopens Strait Of Hormuz The overall outlook for Dogecoin is still mixed when it comes to technical indicators, with 16 indicators currently signaling bearish conditions against 14 bullish signals at the time of writing, while the RSI sits at a neutral 61.45. Featured image from Unsplash, chart from TradingView