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Dogecoin is at a technical area that will look very familiar to traders who followed its 2024 rally. The weekly chart shows Dogecoin is pressing into a long-term Fibonacci fan structure drawn from the 2021 peak, with the current retest coming near the 0.618 Fib fan after a similar 0.5 Fib fan retest preceded the large move in October 2024. This technical setup does not confirm a breakout on its own, but it places Dogecoin at one of its most important weekly decision points in months. Related Reading: History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment Dogecoin Returns To A Familiar Fib Fan Structure The main idea of this technical analysis is that Dogecoin is still trading inside a long-term descending resistance structure that began from the 2021 all-time high price of $0.7316. However, the analysis also uses an interesting Fibonacci waves indicator in the form of expanding fan lines extending from the memecoin’s peak price. These lines have acted as long-term resistance and breakout markers across DOGE’s post-2021 structure. Price spent much of 2022 and 2023 below these fan lines, only pushing into stronger recoveries when it reclaimed one of them. The comparison is the October 2024 retest. At that time, DOGE fell below the 0.5 Fib fan area, held the structure below for a while, and then followed with a rally that sent its price to as high as $0.48 in December 2024. The chart now shows a similar retest developing around the 0.618 Fib fan, with the Dogecoin price currently trading around the $0.10 to $0.11 range. Dogecoin Price Chart. Source: @_CryptoSurf On X Is Dogecoin Preparing For Another Wave? Dogecoin’s current interaction with the indicator shows it may be checking whether another Fib level can behave like support. If it holds, the setup will mean that Dogecoin is building another base at a Fib fan level similar to the Q4 2024 run.  The ideal scenario for a bullish run is that DOGE holds above $0.095, pushes through $0.115, and begins climbing back above $0.14. That would make the 0.618 Fib fan retest look more like the October 2024 setup, where a technical hold came before a larger wave.  On the other hand, if the setup fails, the repeat pattern loses credibility, and the Dogecoin price may return to lower support zones. A weekly breakdown below $0.095 would weaken the current pattern and lead to a consolidation between $0.095 and $0.08. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder Dogecoin’s current price structure is not yet bullish, but if history is any precedent, the bullish playout is the most possible scenario, as Dogecoin has never spent a notable amount of time below any Fibonacci fan level. At the time of writing, Dogecoin is trading at $0.1028. Featured image from Pixabay, chart from TradingView

Dogecoin is once again drawing attention as its current market structure begins to resemble the early stages of previous mega bull runs. After reclaiming key support and forming a familiar consolidation pattern, analysts believe DOGE may be positioning for another powerful breakout, raising speculation that a new parabolic rally.  Dogecoin Repeats Bullish Fake-Breakdown Pattern Seen In Previous Cycles According to crypto analyst Trader Tardigrade, Dogecoin has just successfully reclaimed its critical support level following a fake breakdown, a technical event that carries significant bullish weight. This specific maneuver, where the price dips below a vital floor only to quickly recover, has historically preceded explosive market rallies. Related Reading: Dogecoin Could Be Setting Up For High-Beta Rally After Final Shakeout The historical precedent for this pattern is striking. Twice before, Dogecoin has exhibited this exact behavior, each time serving as the precursor to parabolic growth. In 2017, the asset staged a breakdown before reclaiming support, triggering an impressive 29,000% rally, followed by a similar 16,000% surge in 2020 after a near-identical move. Now, in 2026, the charts are repeating this signature setup, as DOGE has successfully defended and reclaimed the same key support zone. This structural alignment suggests that the market is currently mirroring the foundations that preceded the largest historical moves for the meme coin. Given this repetition, anticipation is building regarding whether a new cycle of immense growth is underway. While historical patterns do not guarantee future performance, the consistency of this fake breakdown and reclaim setup remains one of the most closely watched indicators in Dogecoin’s history. Reclaiming Critical Support After Major Fake Breakdown  As its price action wanes, Nehal has highlighted that Dogecoin is currently mirroring the structural evolution seen following the August 2024 bottom. During that previous cycle, the asset printed four consecutive strong bullish weekly candles, followed by two weeks of red consolidation before initiating a major breakout rally. Related Reading: Dogecoin Recovery Push Continues, But Bears Still Threaten One Final Drop The current price action is exhibiting a virtually identical rhythm. Since the February 2026 low, DOGE has again recorded four consecutive bullish weekly closes and is currently navigating its second week of red consolidation.  Moving forward, the expert identifies two primary scenarios that favor the bulls. Firstly, the price could either close the current week red near the open before resuming its upward trajectory, or it could flip green immediately to accelerate beyond expectations. In both cases, the fundamental bias remains geared toward continued upside momentum. This setup suggests that current price action is moving beyond mere speculation and into a phase of genuine structural alignment. As the recovery structure and market behavior mirror previous bullish cycles, the return of early market FOMO indicates that the asset may be preparing for a significant move. Featured image from Getty Images, chart from Tradingview.com

Revolut just handed Dogecoin its most mainstream moment in years. The move gives Dogecoin something it has often struggled to hold for long periods, which is a real-world payment story that extends beyond social media hype. However, this is yet to translate into bullish price action for Dogecoin, which is still trading close to the $0.10 region. Revolut Brings Dogecoin Back Into The Payments Conversation Dogecoin has found its way back into the adoption conversation after Revolut launched a physical DOGE-themed crypto debit card across the UK and most of the European Economic Area.  Related Reading: How To Time The Dogecoin Bottom And When The Price Will Reach $2 The card was described by the fintech company as its first physical crypto debit card, featuring a Dogecoin design and an LED display that lights up when users make contactless payments. The rollout is initially available in the UK and most EEA markets, although Hungary, Switzerland, and Portugal are excluded from the first phase. The card can be used anywhere Visa and Mastercard are accepted, which is where Dogecoin’s adoption for payments comes into play. Users link the card directly to their Dogecoin holdings within the app, and when a purchase is made, the platform automatically converts the required amount of DOGE into the local currency at real-time exchange rates, with no additional conversion fees applied at the point of sale. However, this creates a condition where merchants receive local currency instead of DOGE. Revolut serves over 70 million users globally and has been pushing into the crypto industry. Revolut is also deepening its regulatory standing, and the company recently received its full UK banking license in March 2026. Why DOGE Price Is Still Struggling The adoption of Dogecoin exists in parallel to suppressed price action. Revolut’s card is the most visible element of a change that the DOGE price chart has largely ignored. Related Reading: Dogecoin Has Now Entered Oversold Levels That Has Led To Previous Cycle Bottoms At the time of writing, Dogecoin is trading at $0.106, down approximately 8.5% from $0.115 recorded just last week. A more immediate factor for the most recent decline came on May 18, when geopolitical tension caused by a US presidential warning to Iran led to a move that sent Bitcoin below $77,000 and pulled the broader crypto market lower, with Dogecoin among the casualties. The problem for Dogecoin is that adoption headlines do not always create immediate buying pressure. The longer-term picture is more revealing. Dogecoin hit $0.48 in December 2024 and $0.29 in September 2025, and has since fallen back to the $0.109 to $0.115 range in the past two months, a drawdown of about 75% from its cycle peak, with no convincing recovery in sight. Spot Dogecoin ETFs have also not done much to help, with the early excitement around the products failing to translate into buying pressure for the meme coin. The ETFs were expected to give institutional and traditional market investors easier exposure to Dogecoin, but inflows have been modest compared to other crypto ETF products. At the time of writing, Spot Dogecoin ETFs have only attracted $11.78 million in total net inflow since launch. Featured image from iStock, chart from Tradingview.com

Dogecoin started a recovery wave above the $0.1040 zone against the US Dollar. DOGE is now facing hurdles near $0.1075 and might struggle to continue higher. DOGE price started a recovery wave from $0.1020 and climbed above $0.1040. The price is trading below the $0.1075 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.1040 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1020. Dogecoin Price Hits Resistance Dogecoin price started a recovery wave from the $0.1020 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.1035 and $0.1040 resistance levels. There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1127 swing high to the $0.1021 low. Besides, there was a break above a bearish trend line with resistance at $0.1040 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1075 level and the 100-hourly simple moving average. If there is another recovery wave, immediate resistance on the upside is near the $0.1062 level. The first major resistance for the bulls could be near the $0.1075 level or the 50% Fib retracement level of the downward move from the $0.1127 swing high to the $0.1021 low. The next major resistance is near the $0.1088 level. A close above the $0.1088 resistance might send the price toward the $0.1120 resistance. Any more gains might send the price toward the $0.1150 level. The next major stop for the bulls might be $0.1165. 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 $0.1040 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 $0.09650 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 – $0.1040 and $0.1020. Major Resistance Levels – $0.1075 and $0.1120.

Dogecoin spot ETFs are showing a clear pickup in May inflows, with SoSoValue data pointing to $2.15 million in net additions so far this month and no recorded outflow day in the period shown. The numbers remain small in absolute ETF-market terms, but they mark the strongest monthly inflow total for DOGE products since January and suggest that demand has reappeared after several quieter months. The May data gives DOGE ETF bulls a cleaner talking point than in prior months: inflows have returned, the monthly total has already reached $2.15 million, and the product group remains net positive every month since its November 2025 launch. Still, the scale is important. The inflows are meaningful for DOGE’s young ETF market, but they remain modest in absolute terms and are concentrated across only a handful of trading days rather than showing steady daily accumulation, according to SoSoValue data. Dogecoin ETF Momentum Builds Again From May 1 through May 19, DOGE spot ETFs recorded five positive inflow days: $400,194 on May 5, $227,207.79 on May 6, $393,135 on May 11, $272,886 on May 14 and $860,958 on May 18. That brings May’s month-to-date total to exactly $2,154,380.79. There were no negative-flow days in the period, but there were eight sessions with zero net inflow, including May 19. That distinction matters. The trend is positive, but it is not a continuous daily accumulation pattern. May’s inflow total is heavily supported by a handful of sessions, especially May 18, which alone accounted for roughly 40% of the month’s net inflows. The data therefore points less to a broad, uninterrupted bid and more to episodic demand returning to a still-small DOGE ETF complex. Related Reading: Smart Crypto Whale Loads Up On Dogecoin With $2 Million Long Position The cumulative picture is also notable. DOGE spot ETFs ended May 19 with $11.78 million in cumulative net inflows, up from $9.63 million at the start of May. Total net assets rose from $13.19 million on May 1 to $14.51 million on May 19, despite DOGE price falling. Month-to-date trading value reached about $10.06 million. The monthly sequence strengthens the “since launch” claim. The data series begins in November 2025, when DOGE spot ETFs drew $2.16 million in net inflows. December remained positive at $177,891.84 despite a $972,840.16 outflow on Dec. 4. January was the standout month with $4.07 million in net inflows, followed by $252,534 in February, $972,455.30 in March, $1.99 million in April and $2.15 million so far in May. The current fund-level split shows a concentrated market. As of May 19, Grayscale’s GDOG had the largest cumulative net inflow at $10.97 million and net assets of $9.88 million. TDOG, the 21Shares product, showed $2.19 million in cumulative net inflows and $3.96 million in net assets. Bitwise’s BWOW was the outlier, with a cumulative net outflow of $1.38 million and only $678,470 in net assets. Related Reading: How To Time The Dogecoin Bottom And When The Price Will Reach $2 Trading activity also remains thin. On May 19, GDOG traded $187,930, while TDOG and BWOW traded just $5,480 and $4,290, respectively. All three funds recorded zero daily net inflow that day. Premiums and discounts were small, with GDOG at a 0.01% premium and TDOG and BWOW at discounts of 0.19% and 0.20%, suggesting no major pricing dislocation around NAV. Compared with larger altcoin ETF categories, the main takeaway is scale. DOGE’s flow direction has improved, but the asset base remains modest enough that a single sub-$1 million inflow day can reshape the monthly narrative. For DOGE bulls, May offers evidence of renewed ETF demand. For market structure observers, it is still an early, shallow product set where liquidity, sponsor concentration and day-to-day flow lumpiness matter as much as the headline inflow streak. At press time, DOGE traded at $0.10. Featured image created with DALL.E, chart from TradingView.com

A crypto trader tracked by Lookonchain has opened a fresh leveraged long position in Dogecoin, adding DOGE exposure alongside larger Bitcoin and Ethereum bets. The move matters because the wallet, identified as 0x152e, is described by the on-chain analytics account as a “smart whale” with $24.79 million in total profit. According to Lookonchain, the trader moved aggressively across major crypto assets over a three-hour window, opening longs on Ethereum, Bitcoin and Dogecoin. The DOGE position totaled 19.47 million tokens, worth about $2.04 million, while the Ethereum and Bitcoin trades were substantially larger in dollar terms. Dogecoin Draws $2 Million Long From ‘Smart Whale’ “Smart whale 0x152e, with $24.79M in total profit, is going long on ETH, BTC, and DOGE,” Lookonchain wrote on X. “Over the past 3 hours, he opened longs on 4,601 ETH ($9.82M), 118.2 BTC ($9.11M), and 19.47M DOGE ($2.04M). He also placed limit orders to keep adding to his BTC and ETH longs.” Related Reading: How To Time The Dogecoin Bottom And When The Price Will Reach $2 The positioning suggests the trader is not making a single memecoin bet in isolation. DOGE appears to be part of a broader directional long setup across higher-liquidity crypto assets, led by Ethereum and Bitcoin. The Ethereum position, worth $9.82 million, was the largest of the three disclosed longs, followed closely by the $9.11 million Bitcoin position. Dogecoin accounted for the smallest new futures exposure, but still represented a notable $2 million-plus leveraged bet on the memecoin. The additional limit orders are also important. Lookonchain said the whale had placed orders to continue adding to Bitcoin and Ethereum longs, indicating that the trader may be scaling into the position rather than treating the initial entries as a complete allocation. The post did not say whether similar add-on orders were placed for Dogecoin. Related Reading: Dogecoin Fisher Transform Turns Bullish: The Last Setups Were Explosive Beyond the new perpetual positions, the same wallet also holds sizable spot positions in Zcash and Hyperliquid’s HYPE token. Lookonchain said the trader holds 10,797 ZEC, worth about $6.14 million, with an unrealized gain of $3.5 million. The wallet also holds 114,547 HYPE, valued at $5.48 million, with an unrealized gain of $2.2 million. Those spot holdings add context to the “smart whale” label. The wallet is not only showing realized or total profit, according to Lookonchain’s framing, but is also sitting on multi-million-dollar unrealized gains across separate spot positions. The new DOGE long therefore comes from an address that has already built profitable exposure elsewhere in the market. Still, whale tracking has limits. On-chain position data can show what a wallet is doing, but not the trader’s full risk book, hedges, off-chain exposure or intended holding period. A large Dogecoin long from a profitable wallet may attract attention, but it does not by itself confirm a market-wide shift in DOGE demand. At press time, DOGE traded at $0.10429. Featured image created with DALL.E, chart from TradingView.com

Dogecoin started a fresh decline below the $0.1080 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1065 and $0.1075. DOGE price started a fresh decline below the $0.1080 level. The price is trading below the $0.1075 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1075 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1075 and $0.110. Dogecoin Price Dips Further Dogecoin price started a fresh decline after it closed below $0.110, like Bitcoin and Ethereum. DOGE declined below the $0.1080 and $0.1050 support levels. The price even dipped toward the $0.1020 level. A low was formed near $0.1025, and the price is now showing bearish signs well below the 23.6% Fib retracement level of the downward move from the $0.1127 swing high to the $0.1025 low. Dogecoin price is now trading below the $0.1065 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1065 level. There is also a bearish trend line forming with resistance at $0.1075 on the hourly chart of the DOGE/USD pair. It is close to the 50% Fib retracement level of the downward move from the $0.1127 swing high to the $0.1025 low. The first major resistance for the bulls could be near the $0.110 level. The next major resistance is near the $0.110 level. A close above the $0.110 resistance might send the price toward the $0.1120 resistance. Any more gains might send the price toward the $0.1190 level. The next major stop for the bulls might be $0.120. More Losses 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 $0.1020 level. The next major support is near the $0.10 level. The main support sits at $0.0965. If there is a downside break below the $0.0965 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 bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1020 and $0.1000. Major Resistance Levels – $0.1065 and $0.1075.

Dogecoin continues to attract attention as market analysts suggest the meme coin could be entering the final stage of its consolidation phase before a stronger breakout attempt emerges. While short-term volatility and liquidity sweeps still threaten downside pressure, the broader setup is beginning to resemble the kind of high-beta structure that has historically fueled explosive DOGE rallies during periods of renewed market optimism.  Historical Breakout Behavior In Dogecoin Cycles Crypto analyst APCL explained that Dogecoin may be entering a critical cleanup phase following the fill of the $0.08904 wick formed on October 10. DOGE often behaves differently from many other altcoins during breakout attempts, revisiting the origin of the move with a sharp liquidity sweep before beginning its stronger directional rally. Related Reading: Dogecoin Has Now Entered Oversold Levels That Have Led To Previous Cycle Bottoms APCL noted that Dogecoin’s historical price behavior rarely involves immediate vertical breakouts. Instead, the asset tends to produce a downward wick that retests the breakout base and clears out weaker positions before momentum shifts higher. Based on this pattern, the analyst believes the market could be approaching that final liquidity-clearing stage before a larger move develops. On the macro side, APCL shared the view that former Federal Reserve official Kevin Warsh could eventually replace Jerome Powell. The analyst argued that such a shift, combined with easing geopolitical tensions and policies aligned with Donald Trump, might temporarily trigger a broader risk-on environment across financial markets. However, APCL cautioned that the rally may only form a lower high before another consolidation phase takes place. According to the analyst, DOGE remains one of the preferred assets for capitalizing on any temporary momentum-driven rally because of its strong visibility in the United States due to Elon Musk. Furthermore, Dogecoin’s active narrative and high-beta nature often allow it to outperform during short-term speculative waves. Dogecoin Setup Focuses On Patience, Precision, And Risk Control APCL has outlined a detailed trading plan for Dogecoin, identifying the $0.09255 and $0.10099 region as the primary spot buy zone. Here, traders are presented with two different ways. The first approach involves gradually building a position through staggered limit orders within the highlighted accumulation zone while monitoring price consolidation.  Related Reading: Dogecoin Recovery Push Continues, But Bears Still Threaten One Final Drop The second method, which APCL described as the more disciplined setup, involves waiting for confirmation of a potential triple-bottom formation before entering, offering a potentially stronger risk-to-reward opportunity. For traders seeking a more precise entry point, $0.09924 is the key reference level to monitor closely.  Once the expected upward move begins, profit-taking should be handled gradually. Instead of holding the entire position until the last stage of the rally, APCL recommended scaling out of trades step-by-step at predefined target levels shown on the chart. Meanwhile, the analyst maintained a strict invalidation level at $0.08789, stressing that a breakdown below that support would completely invalidate the bullish thesis and close positions while a new setup develops. Featured image from Peakpx, chart from Tradingview.com

Dogecoin’s next major move may depend less on hype and more on exhaustion. A new technical analysis from crypto analyst Cryptollica proposes that the leading meme coin is now trading at another cycle-bottom zone, and the weekly chart is showing the same kind of RSI washout and long compression that previously appeared before notable Dogecoin rallies. Dogecoin’s Fourth Cycle Bottom Comes Into View Dogecoin has spent the better part of the past year being written off. Sentiment has collapsed, price has compressed, and the crowd that once celebrated the meme coin has gone silent. However, a structure that has correctly identified every major Dogecoin bottom since 2015 is saying this is precisely the moment worth watching. Related Reading: Dogecoin Has Now Entered Oversold Levels That Has Led To Previous Cycle Bottoms This structure analysis in question is built around the idea that Dogecoin’s chart is not only a price chart but also a record of market cycle psychology. According to analyst Cryptollica, the 2015 bottom was a period of disbelief, the 2020 bottom was boredom, and the 2022 bottom was anger. This makes the current setup the fourth cycle bottom, where sentiment appears exhausted while the bullish structure is resetting. The weekly chart shared by the analyst shows Dogecoin moving along a long-term rising support structure, with each major low forming during a period when the weekly RSI dropped into or near oversold territory. Interestingly, the latest RSI reading shown on the chart shows the Dogecoin price bouncing from that RSI in early 2026 and slowly trending upwards.  Where The Structure Says The Bottom Is Dogecoin is currently looking like it is registering a bottom around $0.10. However, the most important point in this analysis is that timing the Dogecoin bottom is not confirmed by price alone. Timing the Dogecoin bottom comes from a combination of three things: an oversold weekly RSI, long compression, and price holding around the cycle support zone. Related Reading: Dogecoin Has Only 3 Steps Left Until A Surge Above $1, But A Major Factor Is Missing The first signal is already visible in the chart. Dogecoin’s weekly RSI has fallen into the same region as previous cycle lows. The second signal is compression. Dogecoin has spent months grinding through a wide base around $0.10 instead of moving in a clean upward trend. That may look weak on the surface, but in cycle analysis, extended compression often means sellers are losing control gradually. The third signal is confirmation. In order for the bottom argument to become stronger, Dogecoin would need to hold the current support region at $0.10 and begin forming higher lows on the weekly chart. A move back above the nearest major resistance zones at $0.15 and $0.2 would add more weight to the claim that the cycle bottom has been made. That means $0.10 is now one of the most important areas for the Dogecoin price. If the fourth cycle bottom is confirmed, then the question changes from where Dogecoin is now to how it has rallied from similar structural positions. Cryptollica’s analysis points to a top target above $2. At the time of writing, Dogecoin is trading at $0.104, back to retesting $0.10 from an intraday high of $0.1126. Featured image from Getty Images, chart from Tradingview.com

Doggy-themed meme coin Dogecoin (DOGE) has once again slipped into oversold territory, as rising volatility and weak price action continue to drive investors toward the exit. While this may seem bearish on the surface, analysts note that this oversold region has historically preceded Dogecoin’s cycle bottoms. They predict that once a price floor is established, it could signal the end of the meme coin’s prolonged downtrend and potentially pave the way for a fresh bullish trend.  Dogecoin Oversold Level Signals Incoming Bottom Selling pressure has been building steadily for Dogecoin, with broader bearish sentiment weighing heavily on the meme coin’s short-term outlook. Adding to the concern, market expert Cryptollica revealed in an X post on May 12 that Dogecoin has officially entered oversold regions on the weekly Relative Strength Index (RSI).  Related Reading: Dogecoin Price Set To Hit $5 Amid New Influx From Smart Money? What makes this development particularly interesting is just how rare it occurs. According to the analyst, a return to the weekly RSI oversold zone has only occurred four times in 12 years. Moreover, he added that each time this happens, Dogecoin has reached a final price bottom, completely resetting its market.  Sharing a chart, Cryptollica noted that during the 2015 cycle, DOGE entered oversold territory on the weekly RSI and found a cycle bottom right after. Similarly, in 2020, the cryptocurrency did the same, recording a price floor during the COVID-19 crypto market crash. Later in 2022, a year after the historic 2021 bull market, Dogecoin also entered oversold territory and formed its third cycle bottom.  Now in 2026, Cryptollica believes that the meme coin has repeated the same historical trend. His accompanying chart shows that Dogecoin has formed a cycle bottom around the $0.10 range as its price navigates oversold levels.  During the past cycles, the analyst noted that the market was saturated with various negative emotions, including fear, anger, and disbelief, as investors lost confidence and sold their coins. He said that the crowd wrote off Dogecoin as a dead coin when it entered this bearish phase. However, to him, this phase was a “rare cycle-location signal” that could fuel a fresh bull rally. Based on this view, the analyst has projected a bullish target of $5 on his chart once Dogecoin confirms its anticipated market bottom. A move to that level would represent a gain of roughly 4,900% from current levels around $0.115. Oversold DOGE Zone Reveals Major Buying Opportunity In another post, Cryptollica said Dogecoin is offering a rare buying opportunity after entering its rare oversold territory that has only appeared a few times. The analyst stated that most people will miss this opportunity because the best cycle signals arrive when the chart looks dead, not when the crowd is excited. Related Reading: Dogecoin Trap Shows A Major Crash, But How Low Will The Price Go? The analyst noted that each time this oversold zone emerged, the market was not paying attention. In 2015, investors ignored Dogecoin, and then they feared it during the 2020 crash. Moreover, the market entered a state of exhaustion when the zone reappeared in 2022, and now, in 2026, it presents the exact same rare signal. Featured image from Getty Images, chart from Tradingview.com

Dogecoin continues to show signs of recovery as bulls gradually push prices higher from recent lows. However, despite the improving momentum, the broader market structure still suggests caution, with bears attempting to keep the rally contained below key resistance levels.  Building Momentum Ahead Of Potential Breakout Dogecoin is still climbing gradually, and crypto market commentator Caligh believes that slow buildup phases like this often come before explosive rallies. Traders who have been in the market for years understand how quickly DOGE can accelerate once momentum truly kicks in, turning quiet accumulation into aggressive upside expansion. Related Reading: Dogecoin (DOGE) Breaks Away From Pack As Momentum Turns Aggressive According to Caligh, DOGE is more than just another meme coin; it has historically acted as a signal that liquidity is flowing back into the altcoin market. Since Ethereum lost part of its dominance after the 2021 cycle, strong Dogecoin rallies have repeatedly coincided with renewed speculative appetite across the altcoin market. Caligh also highlighted that the current consolidation phase can feel exhausting for traders because the market often moves slowly before a breakout finally arrives. However, these drawn-out periods of patience and uncertainty are usually what create the foundation for larger price expansions later on.  For traders looking ahead, Caligh stressed the importance of positioning early rather than chasing moves after the market has already surged. Waiting patiently during accumulation phases may offer stronger opportunities than entering after fear of missing out takes over and the broader altcoin market begins moving aggressively higher. Dogecoin Recovery Rally Remains Corrective For Now Crypto analyst MCO Global explained that Dogecoin is still moving higher within what appears to be a corrective recovery pattern. Although the meme coin has managed to rebound from recent lows, the rally has not yet formed a convincing five-wave impulsive move, keeping the broader outlook cautious for now. Related Reading: Dogecoin Breaks Out Strong: Bullish Structure Aligns For More Upside According to the analyst, several key resistance levels are now coming into focus. The first major barrier stands at $0.118, followed by $0.133, which also aligns with the 38.2% Fibonacci retracement level. If bullish momentum strengthens beyond these zones, the next upside targets are projected to be around $0.156 and $0.183. On the downside, MCO Global identified $0.105 and $0.089. Holding above these levels may help sustain the current rebound structure; however, a break below them could significantly weaken short-term momentum. Despite the recent upward movement, the analyst noted that the broader chart structure still leaves room for another larger fifth-wave decline to the $0.058 to $0.047 range over time. A strong impulsive breakout above resistance levels would be needed to invalidate the bearish outlook and confirm a more convincing trend reversal. Featured image from Unsplash, chart from Tradingview.com

Crypto analyst Xanrox has advised market participants against buying Bitcoin, warning that a crash is looming for the leading crypto. Instead, the analyst advised buying altcoins, which are likely to offer greater gains.  Analyst Advises Against Buying Bitcoin With Crash Looming In a TradingView analysis, Xanrox advised against buying Bitcoin, citing the crypto’s bearish price action. Commenting on BTC’s daily chart, he noted that the LOG scale shows a bearish flag pattern, indicating bearish price action. He added that it will be a technical error to buy or go long at the resistance of the channel.  Related Reading: 9 Red Candles Before The Bottom: Why Bitcoin Price Will Continue To Crash Xanax further revealed that Bitcoin’s price is currently within the channel, indicating a huge selling wall above the current price. The analyst admitted there is still a chance BTC could rise to between $83,000 and $84,000. However, he advised opening a short position at this point rather than longing BTC.  The analyst’s accompanying chart indicated that the recent Bitcoin rally was simply a bull trap, with BTC now at risk of dropping to around $60,000. BTC notably fell below $80,000 yesterday following the release of the U.S. PPI inflation data, which showed that inflation rose 6% year-over-year (YoY) in April due to the U.S.-Iran war.  Meanwhile, Xanrox also noted that Bitcoin’s dominance is bearish, which is a strong sign of an altcoin season. He stated that the BTC price is currently looking to retest the main channel’s support trendline at around $60,000.  Altcoins To Buy Xanrox listed ADA, TRX, LINK, DOGE, BNB, XLM, XRP, and ETH as altcoins to buy for those looking to trade with huge banks and institutions because they control the price of these coins. He reiterated that market participants should avoid Bitcoin as its dominance is falling and that it has already pumped from its February lows of around $60,000.  Related Reading: Can An Altcoin Season Come Again? Why Bitcoin Price Can’t Fall Below $40,000 Meanwhile, the analyst stated that trading lower-cap coins will be better for those looking to make much more profit, as those coins have greater upside than the major altcoins, which he described as ‘bank’s coins.’ Some altcoins have recorded significant gains over the last month, with TON, SUI, and ONDO leading the way.  TON is up almost 50% in the last month, rising to almost $3 as the Toncoin network’s fees dropped by 600%. The altcoin also recorded this surge as the Toncoin network now offers one of the most attractive yields among all layer-1 networks. Meanwhile, SUI and ONDO are up over 26% and 57%, respectively, on the back of bullish fundamentals in their respective ecosystems.  At the time of writing, the Bitcoin price is trading at around $79,600, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Dogecoin’s monthly Fisher Transform has crossed bullish again, according to trader Cantonese Cat, reviving a macro signal that has previously appeared near major DOGE basing periods rather than at clean, immediate breakouts. The chart, posted May 14 via X, shows DOGE near $0.1146 after a multi-month decline from its 2024 high, with the Fisher line turning up from deeply negative territory. The Fisher Transform is a technical indicator designed to convert price action into a more normalized distribution, helping traders identify potential reversals or major shifts in price behavior. In charting practice, a bullish flip typically refers to the Fisher line crossing above its signal line after an oversold trough. On a monthly chart, that makes it a slow regime signal, not a short-term trigger.   Cantonese Cat framed the move cautiously. When another user asked, “2 more years to see god candle? Looks like nothing happens when Fisher is under 0,” the trader replied: “It’s true, it may consolidate for longer, but it depends on how impulsive liquidity goes. I’m OK with it being slow as long as it bottomed.” Related Reading: Dogecoin TD Sequential Flashes Sell Signal: Price Correction Ahead? That distinction matters. The chart is less a call for an immediate vertical move than a claim that DOGE may have shifted from capitulation into base-building. History Says Watch Dogecoin Historical cases support that more careful reading. The first comparable macro reversal on the chart came after Dogecoin’s 2019 trough. DOGE closed around $0.0018 in early February, 2019, while it ended the year at $0.00437. That implies a roughly 143% rebound from the low, but it was not the blow-off phase many traders associate with DOGE. It was a recovery from a depressed base. The 2020 setup was more consequential. DOGE traded as low as $0.00125 in mid-March 2020, during the market-wide COVID liquidation. Dogecoin later recorded its all-time high at $0.7316 on May 8, 2021. Measured from the March 2020 low to that peak, the rally was about 58,400% and took roughly 14 months. The timing lesson is that the bottom came long before the speculative mania reached its endpoint. The 2022 cycle also underscores the delay. DOGE price bottomed at $0.04908 on June 18, 2022, while the next high came in December 2024 at $0.4825. That implies an advance of roughly 883% from the bear-market low to the 2024 cycle high, across about two and a half years. There were rallies inside that period, including the late-2022 rebound, but the larger recovery was a drawn-out structure rather than a single monthly candle. Related Reading: Dogecoin Rally Hits Make-Or-Break Zone, Crypto Analyst Warns The current setup looks closer to those basing phases than to a confirmed breakout. DOGE’s 2026 yearly low is near $0.0813. Against the chart’s roughly $0.114–$0.115 level, DOGE has moved off the low but remains far below the prior cycle’s range high. That is why the Fisher flip is best read as a momentum reset, not a price target. For bulls, the signal suggests monthly downside momentum may be losing force after a deep oscillator trough. For skeptics, the caveat is equally clear: past flips did not prevent extended consolidation, and DOGE’s largest rallies required enough liquidity and risk appetite to turn a technical base into sustained demand. At press time, DOGE traded at $0.1137. Featured image created with DALL.E, chart from TradingView.com

Dogecoin started a decent increase above $0.1125 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.1155. DOGE price started a fresh increase above $0.1120 and $0.1135. The price is trading above the $0.1120 level and the 100-hourly simple moving average. There is a contracting triangle forming with support at $0.1115 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 $0.110. Dogecoin Price Climbs Above $0.1150 Dogecoin price started a fresh increase after it settled above $0.110, outperforming Bitcoin and Ethereum. DOGE climbed above the $0.1120 resistance to enter a positive zone. The bulls were able to push the price above $0.1150. A high was formed at $0.1153 and the price is now consolidating. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $0.1095 swing low to the $0.1153 high. Dogecoin price is now trading above the $0.1120 level and the 100-hourly simple moving average. There is also a contracting triangle forming with support at $0.1115 on the hourly chart of the DOGE/USD pair. If there is another increase, immediate resistance on the upside is near the $0.1140 level. The first major resistance for the bulls could be near the $0.1150 level. The next major resistance is near the $0.1165 level. A close above the $0.1165 resistance might send the price toward $0.120. Any more gains might send the price toward $0.1220. The next major stop for the bulls might be $0.1250. Downside Correction 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 $0.1115 level, the triangle, and the 61.8% Fib retracement level of the upward move from the $0.1095 swing low to the $0.1153 high. The next major support is near the $0.110 level. The main support sits at $0.1075. 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 $0.1030 level or even $0.1020 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 – $0.1115 and $0.1100 Major Resistance Levels – $0.1150 and $0.1200.

Dogecoin has seen a Tom Demark (TD) Sequential sell signal on its 3-day chart, a potential sign that the memecoin could see a bearish reversal. TD Sequential Has Formed A Sell Setup For Dogecoin As highlighted by analyst Ali Martinez in an X post, the TD Sequential has just flashed a signal for Dogecoin’s 3-day price. The TD Sequential here refers to an indicator from technical analysis (TA) that’s generally used for pinpointing locations of probable turnaround in a given asset’s price. It involves two phases. Related Reading: Ethereum Open Interest Rises While Price Pulls Back: Short Squeeze Setup? In the first of these phases, called the setup, candles of the same color are counted up to nine. These candles may or may not be consecutive. Once the candles are in, the indicator prints a reversal signal for the asset. If the trajectory involved in the completion of the setup was a net uptrend, the TD Sequential gives a sell signal. On the other hand, nine red candles suggest a potential bullish turnaround for the price. After the setup is over, the second phase, known as the countdown, picks off. The countdown works much in the same way, with the only difference being that it lasts for thirteen candles. Following these thirteen candles, the asset may be considered to have arrived at another reversal point. The TD Sequential has completed the first type of phase for Dogecoin recently. Below is the 3-day chart of the memecoin shared by Martinez that shows this signal. As is visible above, Dogecoin has seen the completion of a TD Sequential setup alongside the price recovery since mid-April. As this setup has involved nine green candles, the signal may be a bearish one. In other words, a price correction could now end up following for DOGE. Only time will tell, however, whether the TD Sequential signal will hold for the memecoin. Dogecoin isn’t the only top altcoin that has observed a TD Sequential signal recently. As the analyst has pointed out in another X post, Solana has also witnessed the completion of the indicator’s setup phase. The signal is also a sell one for SOL, but unlike for DOGE, it has come on a shorter timeframe: 1-day. This TD Sequential setup is a result of the recovery surge that the coin has witnessed in May. Related Reading: Bitcoin Cycle Indicator Turns Green For First Time In Years: Early Bull Or Local Top? Since the signal has appeared, Solana has declined by more than 6%, a possible sign that the bearish reversal may already be in action. DOGE Price Dogecoin has taken to consolidation over the last few days as its price is still floating around $0.11. Featured image from Dall-E, chart from TradingView.com

A crypto analyst has set multiple bullish price targets for Dogecoin (DOGE), predicting a strong, sustainable rally to the highly anticipated $1 milestone. The analyst has shared technical chart patterns to back his optimistic forecast. However, he still believes that a critical catalyst is needed to propel Dogecoin to these higher levels. His analysis shows how the DOGE price will climb to each target until it crosses $1.     Dogecoin Rally To $1 Contingent On Elon Musk As Catalyst Crypto analyst Celal Kucuker has laid out seven bullish price targets for Dogecoin on X, with his outlook depending significantly on billionaire investor Elon Musk serving as a key catalyst for a major rally.  Related Reading: Dogecoin Price Set To Hit $5 Amid New Influx From Smart Money? Kucuker’s confidence in Musk as a driver is based on past incidents between Dogecoin and the Tesla CEO. Musk has a well-known track record of moving the meme coin’s price with little more than a tweet or public endorsement. From referring to DOGE as “the people’s crypto” to changing his X profile to Dogecoin-related images, Musk’s past interactions with the meme coin have triggered some of its most explosive price surges. At the same time, Kucuker anchors his projections in what he describes as a “very clean chart,” which traces a descending channel that has been guiding Dogecoin’s price action since its peak earlier in 2025. Within this channel, DOGE has been moving in a consistent zigzag pattern, grinding sideways while hitting the channel’s upper and lower boundaries. The channel reveals a consistent, recurring pattern in Dogecoin’s price. Each time the meme coin has risen to touch the upper boundary of the descending channel, it has formed a local high before pulling back. The first touch led to a local top of around $0.517, and the second produced a lower high of roughly $0.315. Based on this recurring trend, Kucuker believes that Dogecoin is preparing to touch this upper boundary a third time, potentially leading to a lower high at $0.204. Once that happens, the analyst expects a pullback toward $0.09.  At this bottom point, Dogecoin is likely forming a strong base for its next upward move. Kucuker predicts that once this potential rally begins, Dogecoin’s price will officially break free from its multi-year descending channel and begin its ascent toward its ultimate top around $1.61.  However, before reaching that target, the analyst noted that Dogecoin will have to cross several resistance and support levels. He marked them at $0.50, $0.12, $0.30, $0.08, $0.20, $0.010, and finally $1.60. Each of these levels represents critical checkpoints where price could rise sharply toward or reverse its advance before the next leg up begins.  Analyst Reveals Best Time To Buy DOGE Before A $12 Run Market expert Mikybullcrypto has shared the ideal time for investors and traders to reenter the Dogecoin market. According to the analyst, the best time to build positions in the meme coin is around the $0.10, where DOGE is currently trading Related Reading: Dogecoin Has Entered The Zone That Led To The 2021 26,000% Surge And The Target Is Above $2 The reason the analyst has marked this area as a key buy zone is because he believes that a strong bullish rally to $12 is imminent. His chart shows an ascending trend that has been forming since 2014, with trendlines pointing toward upper targets between $0.5 and $50 for Dogecoin.  Featured image from iStock, chart from Tradingview.com

Dogecoin started a fresh increase from the $0.1050 zone against the US Dollar. DOGE is now facing hurdles near $0.1120 and might aim for a larger rally. DOGE price started a decent upward move above $0.1080 and $0.1085. The price is trading above the $0.1090 level and the 100-hourly simple moving average. There is a key contracting triangle forming with support at $0.1090 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1080. Dogecoin Price Faces Hurdles Dogecoin price remained supported above the $0.1020 zone and started a fresh increase, like Bitcoin and Ethereum. DOGE climbed above the $0.1080 and $0.1085 resistance levels. The price gained over 5% and tested the $0.1125 zone. There was a move above the 50% Fib retracement level of the downward move from the $0.1172 swing high to the $0.1058 low. Besides, there is a key contracting triangle forming with support at $0.1090 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.110 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 $0.1120 level. The first major resistance for the bulls could be near the $0.1128 level or the 61.8% Fib retracement level of the downward move from the $0.1172 swing high to the $0.1058 low. The next major resistance is near the $0.1145 level. A close above the $0.1145 resistance might send the price toward the $0.1170 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 $0.1128 level, it could continue to move down. Initial support on the downside is near the $0.1090 level. The next major support is near the $0.1080 level. The main support sits at $0.1050. If there is a downside break below the $0.1050 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 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 – $0.1090 and $0.1080. Major Resistance Levels – $0.1120 and $0.1128.

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.