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Two respected crypto analysts, Ali Martinez (@ali_charts) and CW (@CW8900), have each published technical charts indicating that Dogecoin (DOGE) appears poised for a significant price move. Their analyses, while conducted on different timeframes, both highlight breakouts from constrictive patterns that have prevented any major swings over the last few weeks. Dogecoin Could Surge 16% (1-Hour Chart) Ali Martinez presented a one-hour Dogecoin chart on X that shows the token trading within a narrowing range defined by a symmetrical triangle. According to Martinez, DOGE initially saw a steep decline—approximately 16.46%—from around $0.18, dropping just above $0.14 before recovering and forming progressively higher lows. The upper limit of the triangle rests near $0.18, while the lower support line extends upward from the vicinity of $0.144. Martinez points to the $0.16–$0.18 corridor as a key area that has contained Dogecoin’s price action. He remarks that a clear and convincing hourly close above this zone might release the buying pressure that has been consolidating over the past ten days. Citing symmetrical triangle theory, Martinez estimates that such a breakout could spark a 16% upswing from the breakout point. “Dogecoin will break out! A close outside $0.16-$0.18 could trigger a 16% price move,” Martinez wrote via X. Related Reading: Dogecoin Shark & Whale Population Rises—Price Turnaround Incoming? Falling Wedge Breakout (1-Day Chart) CW, on the other hand, shared a daily Dogecoin chart illustrating what he interprets as a falling wedge formation stretching back to December 2024, when DOGE briefly climbed to around $0.48 before reversing course into a prolonged downtrend. In a falling wedge, the price typically forms lower highs and lower lows, converging toward a narrowing apex. CW notes that Dogecoin has finally crossed above the wedge’s downward-sloping resistance line yesterday, an event widely viewed as a bullish reversal signal once the breakout is confirmed by subsequent candles holding above that line. Related Reading: Dogecoin At Make-Or-Break Point After Multi-Year Trendline Test CW’s analysis relies heavily on Fibonacci retracements drawn from DOGE’s most recent major upswing. He identifies crucial Fibonacci levels at $0.2027 (the 0.236 retracement), $0.2564 (the 0.382 retracement), $0.2999 (the 0.5 retracement), $0.3433 (the 0.618 retracement), $0.40513 (the 0.786 retracement), and $0.4839 (the 1.0 retracement). These levels often serve as potential price floors or ceilings in either bullish or bearish market environments. CW believes that now that the token has escaped its descending wedge, it could climb through these retracement levels in succession, provided the broader market remains supportive. Ultimately, he sets his sights on the 1.618 Fibonacci extension at $0.71. At press time, DOGE traded at $0.17. Featured image created with DALL.E, chart from TradingView.com

Dogecoin (DOGE) closed last week on a bullish note after testing critical technical levels that could define its next directional move. The weekly chart on Binance (DOGE/USDT) reveals that DOGE is currently trading just above the significant 0.786 Fibonacci retracement level at $0.167. This retracement is drawn from the all-time low at $0.0805 to the peak of $0.4844. Dogecoin Reversal Confirmed? A notable technical development is the interaction with a long-standing descending trendline, extending from the May 2021 all-time high. DOGE recently retested this trendline as support after breaking above it in November 2024. Last week’s candle printed a Hammer-like formation, characterized by a small real body near the top of the range and a significantly longer lower shadow. While the candle also displays a modest upper wick, the dominance of the lower shadow signals that buyers absorbed aggressive sell pressure below the trendline and pushed the price back above the 0.786 Fibonacci level – a strong bullish signal. Related Reading: Analyst Predicts Dogecoin And Altcoins’ Next Surge – Here’s The Timeline However, this week could be as important as last week. A weekly close above $0.167 seems essential to confirm the momentum. Otherwise, another test of the multi-year trendline could become a make-or-break moment for the Dogecoin price. Notably, momentum indicators remain neutral to bearish. The weekly Relative Strength Index (RSI) closed around 39, reflecting subdued buying strength and highlighting that DOGE is still operating below the neutral 50 mark. The Exponential Moving Averages (EMAs) are providing layered resistance above the current price. The 100-week EMA lies at $0.17284, positioned just above DOGE’s current range, while the 50-week EMA is located at $0.21427. The 20-week EMA, the more immediate resistance during previous rallies, now sits at $0.24805. Support is reinforced at the 200-week EMA around $0.13621, a level that would likely serve as a last line of defense should DOGE crash below the multi-year trendline. Related Reading: Dogecoin Breakout Alert! This Pattern Could Trigger A ‘Parabolic’ Surge Price action in recent weeks also shows DOGE breaking down from a bearish flag or channel formation, with the breakdown accelerating toward the confluence of the 0.786 Fibonacci level and the descending trendline retest. Despite this, the market responded with strong buying interest in the highlighted red support zone. On-chain data further contextualizes the recent price action. Analytics firm Santiment reported via X today that Dogecoin, like most meme coins, has been heavily impacted during the ongoing two-month market-wide retracement. However, Santiment pointed out a bullish divergence on the network side. The firm states: “Dogecoin, like most meme coins, have been hammered during the 2-month crypto-wide retrace. However, we recommend keeping an eye on the rising level of wallets holding at least 1M $DOGE, which has recovered during the price dump. Active addresses are also at 4-month highs.” Adding to this sentiment, crypto analyst Daan Crypto Trades commented via X: “DOGE similar to PEPE but has already retaken the Election level after sweeping it. I think these are key levels to keep watching on a lot of these alts. A sweep & retake signals some short term relief and these levels can offer a clean invalidation level afterwards.” This aligns with the technical observation that DOGE’s recent price action may represent a sweep of liquidity below a key level, followed by a recovery above support — a typical short-term bullish reversal pattern in crypto markets. Featured image created with DALL.E, chart from TradingView.com

In a series of posts shared on X, crypto analyst Kevin has mapped out a bullish scenario for Dogecoin and altcoins should the US Federal Reserve shift its monetary policy toward easing later this year. Pointing to both fundamental and technical indicators, Kevin contends that current Federal Reserve policies will define the exact moment altcoins begin to decisively outperform Bitcoin (BTC). Dogecoin Season Depends On The Fed In one of his updates, Kevin explained the crux of his position: “Everything is continuing to go exactly as planned. We never hopped on the #ALTSEASON bandwagon that the gurus have been pushing for 6-12 months that got people wrecked. I have continued to let my altcoins guidance be backed up by facts and fundamentals […] Based on all my evidence gathered I do still believe that between March-June we will see Powell come out and say that bank reserves have hit levels to where they feel it is necessary to end the run off of the balance sheet which in turn will end QT.” Related Reading: Dogecoin Breakout Alert! This Pattern Could Trigger A ‘Parabolic’ Surge He further emphasized that this potential pause—and eventual reversal—of quantitative tightening (QT) should initiate a new cycle of rate cuts and broader financial easing. According to Kevin, that combined macro shift would signal the beginning of a sustained altcoin rally: “This will then start a new cycle of easing along with further rate cuts and the combination should mark the beginning of Altcoins out performance and BTC Dominance durably heading lower. That is my call based of Macro Fundamental and Technical analysis being combined into one form of Analysis.” Digging deeper into market structure, Kevin forecasts a drop in Bitcoin dominance, a metric that measures BTC’s market capitalization relative to the entire crypto sector: “All the data I have been analyzing is telling me between March – June QT will end. Then altcoins durable out performance will begin and BTC Dominance will durably fall below 54.51%.” He notes that inflation would need to “skyrocket” for the Federal Reserve to continue QT, a scenario he views as unlikely based on his research. Related Reading: Dogecoin Forms Explosive Cup And Handle Pattern With $4 Target Pointing to similarities between current market conditions and 2019, Kevin also explores a somewhat unconventional approach—performing technical analysis (TA) on the Fed’s balance sheet itself: “If we take a look at Total Assets held by the US federal Reserve […] we can see that similar to 2019 we are getting close to re-testing the 2W 200 ema and 2W RSI and LMACD are in the same spot they were before the Fed ended QT.” He anticipates that balance sheet levels could mirror 2019 conditions within the next 126 days—leading up to around the Federal Reserve’s June policy meeting, give or take a couple of weeks. Should the Fed’s total assets hit that threshold, he believes it will confirm the timing he has been advocating. While Kevin references the broader altcoin market, Dogecoin, in particular, features in his strategic outlook. Last week, he underscored the importance of overall market fundamentals and chart positioning when it comes to purchasing DOGE: “If #BTC holds up and Macro Economic Data and Monetary policy adjust then you just got your last opportunity to buy Dogecoin relatively cheap. A lot of factors at play and lots of work to do. But the risk reward at this level is superb given the circumstances.” At press time, Dogecoin traded at $0.17. Featured image created with DALL.E, chart from TradingView.com

Dogecoin (DOGE) is potentially forming cup and handle formation on the weekly chart. Crypto analyst David (@david_dogecoin) suggests that, if confirmed, Dogecoin could be targeting an ambitious price target of $4. Dogecoin Cup And Handle Pattern The first stage of this pattern, the cup, began taking shape when Dogecoin initially declined from its May 2021 all time high at $0.74. This downward movement led to an extended consolidation period, where the asset gradually formed a rounded bottom in the $0.05–$0.06 range. The curvature of the price action suggests a slow but steady shift in market sentiment, where selling pressure was gradually absorbed by buyers accumulating DOGE at lower levels. As time progressed, Dogecoin started to recover from this bottom, pushing back towards its December 2024 high at $0.48. The gradual and steady rise back to this high signals that bullish momentum has been building, with increasing interest from market participants. Related Reading: Dogecoin Breakout Alert! This Pattern Could Trigger A ‘Parabolic’ Surge After reaching the $0.48 resistance level, Dogecoin faced a rejection, leading to a moderate pullback. This decline formed the handle, a smaller downward retracement that typically precedes the final breakout. The handle in this setup is forming around the $0.14–$0.17 price zone, where the market is currently consolidating. The handle serves as the last phase where weaker hands exit, and stronger buying interest gathers momentum before a decisive move higher. If Dogecoin successfully breaks out of the cup and handle pattern, the projected price target can be estimated using the measured move technique. This involves calculating the depth of the cup and adding that value to the breakout point. Based on this method, the expected target is around $4, according to the chart shared by analyst Kevin. Critique: Why This Is Not A Classic Cup And Handle A textbook cup and handle requires specific structural characteristics, including a rounded bottom and a shallow handle, forming near a prior all-time high or key resistance zone before a breakout. However, there are critical deviations in this analysis that cast doubt on its validity. Related Reading: Dogecoin’s Darkest Hour? Sentiment Tanks, Whales Accumulate The decline from $0.74 (May 2021 ATH) to $0.05–$0.06 is too deep and prolonged to be considered a proper cup formation. Classic cup patterns typically form over weeks to months, not multiple years of extended downtrend. The recovery from $0.05–$0.06 to $0.48 is not symmetrical with the initial drop, making the “rounded bottom” aspect of the cup questionable. Instead, the price action resembles a multi-year accumulation phase rather than a continuous rounding structure. Moreover, the handle is forming too deep in the structure. A valid handle should develop near the rim (i.e., close to $0.48), but in this case, Dogecoin has retraced all the way down to $0.14–$0.17—which is a massive drop of over 65% from the supposed cup rim. A healthy handle should not drop below 50% of the cup’s depth, but here, it retraces nearly to the lower third of the structure, invalidating the classical pattern. At press time, DOGE traded at $0.17. Featured image created with DALL.E, chart from TradingView.com

Renowned crypto trader Ali Martinez has released a new update suggesting that Dogecoin could be preparing for a large price upswing. In his latest chart shared on X, Martinez draws attention to the stock RSI on the weekly timeframe. The stock RSI appears poised for a bullish crossover, a signal that has historically preceded major Dogecoin rallies. “Dogecoin is about to go parabolic. Historically, when the stock RSI has a bullish crossover on the weekly chart, Dogecoin tends to undergo a significant price rebound,” Martinez states. He points out that whenever this oscillator crosses bullish on the weekly chart, DOGE typically experiences notable price spikes. Related Reading: Dogecoin’s Darkest Hour? Sentiment Tanks, Whales Accumulate “For instance, in October 2023, when the stock RSI had a bullish crossover, Dogecoin surged by 88%.In February 2024, the same thing happened. After the stock RSI had a bullish crossover, Dogecoin surged by 187%. Even in July 2024, Dogecoin rose by 56% after the stock RSI had a bullish crossover. And in September 2024, the price increase was more significant. Dogecoin skyrocketed by 444% after the stock RSI had a bullish crossover on the weekly chart,” the analyst adds. Dogecoin On The Brink Of A Breakout Martinez also indicates that the current weekly candlestick is attempting to form a doji, a candle with a very small real body that often signals a potential trend reversal, especially when followed by a confirming second candle. “DOGE is printing a potential bullish reversal doji on the weekly chart!” Martinez writes via X. While it is still too early to call a doji star pattern because the weekly candle will not officially close until Sunday, and the second candle required for confirmation has yet to form, it’s a promising signal for DOGE bulls. If the ongoing candle preserves its slim real body by the end of the week, and if next week’s candle confirms this formation, Dogecoin could be setting up for a textbook bullish reversal scenario. Related Reading: This Is The Last Opportunity To Buy Dogecoin ‘Relatively Cheap,’ Predicts Analyst From a pure price-action perspective, Dogecoin opened this week near $0.16798, reached a high of $0.18082, dipped as low as $0.14297, and has since rebounded toward $0.16766. The tight net change so far explains why the current candlestick appears like a doji, reflecting indecision between buyers and sellers. However, four days remain until the weekly close; intraday volatility could widen or tighten the real body and potentially negate the pattern. Because doji candles often arise during transitional market phases, any upward or downward momentum can quickly distort the candle’s shape. Although Martinez’s analysis underscores a potential parabolic move, it is important to stress that confirmation is critical. The second weekly candle for the Doji Star has not yet formed, and the current doji-like candle could vanish if the market experiences a significant shift before Sunday. Traders watching DOGE over the weekend will need to pay close attention to whether it manages to hold its ground near present price levels, thereby preserving a minimal difference between the open and close of the weekly candlestick. If that occurs and next week’s candle underscores renewed buying pressure, then the Doji Star pattern would be confirmed, potentially foreshadowing a burst to the upside. For now, the market remains in wait-and-see mode. With the stock RSI seemingly ready to cross bullish, the coming days may prove pivotal in determining whether Dogecoin truly is on the cusp of another parabolic upswing. At press time, DOGE traded at $0.16996. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Kevin (@Kev_Capital_TA) suggests that Dogecoin’s current market structure signals “the last opportunity” for investors to acquire the meme coin at relatively low prices. Kevin points to several convergent technical indicators, including a back test of the macro 0.5 Fibonacci retracement near $0.158, a retest of descending multi‐year trend lines, a convergence with both the 200‐week Simple Moving Average (SMA) and Exponential Moving Average (EMA), and an historically low 3‐Day RSI reading. Buy Dogecoin Now? The DOGE/USD weekly chart reveals several Fibonacci retracement lines that may serve as support or potential downside targets. Around $0.158, Dogecoin is testing the 0.5 Fib level, while deeper areas include 0.618 near $0.1157, 0.65 near $0.1092, 0.70 around $0.097, 0.786 near $0.080, and a more distant 1.0 Fib labeled around $0.0942. Historically, these Fib zones have been areas where price action may stabilize if a downtrend continues. Kevin also highlights resistance near $0.28 (the 0.236 Fib) and an upper boundary around $0.47–$0.48 that marks a major swing high from previous rallies. From a trend perspective, the price is hovering in the $0.16–$0.17 region, where it is retesting the broken descending trend line drawn from Dogecoin’s 2021 peaks. Kevin’s analysis suggests that if Dogecoin can hold this line as support, it would reinforce the bullish scenario. Related Reading: Dogecoin’s Darkest Hour? Sentiment Tanks, Whales Accumulate In tandem, the 200‐week SMA and EMA—often regarded as markers of long‐term market health—are situated in the approximate $0.13–$0.17 corridor. The overlap between these critical moving averages and the Fib levels underscores what Kevin sees as a strong risk‐to‐reward setup for long‐term positioning. He also points out that the 3‐Day RSI has reached territory he considers “historically low,” hinting at a possible oversold condition. Beyond technical considerations, Kevin expresses a broader macroeconomic viewpoint: “If BTC holds up and Macro Economic Data and Monetary policy adjust then you just got your last opportunity to buy Dogecoin relatively cheap. A lot of factors at play and lots of work to do But the risk reward at this level is superb given the circumstances.” He suggests that despite strong employment numbers and moderating inflation (supported by Truflation data and falling energy costs), the market is “wiping out trillions of dollars of wealth everyday on pure speculation of what imaginary Tariffs are gonna do that they knew were coming.” Related Reading: Dogecoin Crash? Analyst Predicts Drop To $0.12 Before Rebound He adds: “Employment numbers are phenomenal, growth is still strong, inflation is coming down rapidly per Truflation data and energy costs falling are the reason, the Fed is about to start easing again, wars are getting ready to end soon.” He argues that the Federal Reserve may soon pivot to more accommodative policies and that ongoing geopolitical tensions may be waning. In his words, the current sell‐off “makes zero sense” and appears to be a “controlled attack on the markets by the powers that be” to sway public sentiment. “I think it’s pretty obvious that there is a controlled attack on the markets by the powers that be to try and derail this administration and turn the retail crowd against them because this whole sell off makes zero sense. A lot of people are gonna look real stupid when it all settles out and the truth is revealed,” Kevin concludes. At press time, DOGE traded at $0.16. Featured image created with DALL.E, chart from TradingView.com

Dogecoin’s sentiment has reportedly reached its most negative level in over a year. Crypto analyst Ali Martinez (@ali_charts) shared the below chart illustrating the current landscape of Dogecoin’s social sentiment and noted: “Investor sentiment around Dogecoin is at its most negative in over a year. Historically, extreme fear has set the stage for major reversals. This could be a prime opportunity to be a contrarian.” What This Means For Dogecoin Within the chart, the red line—the Weighted Sentiment—now sits at approximately -0.93, marking the steepest negative reading in more than 12 months. Weighted Sentiment considers both the volume of social media mentions (Social Volume) and the overall polarity of discussions (positive vs. negative). Spikes above zero typically indicate widespread bullish sentiment (and can coincide with surging prices), whereas sharp dips suggest that market participants are overwhelmingly bearish. Related Reading: Dogecoin Crash? Analyst Predicts Drop To $0.12 Before Rebound Alongside this negative turn in Weighted Sentiment, the chart’s blue bars—Social Volume—show moderate levels compared to the dramatic spikes seen mid-November through December. In that period, Social Volume soared above 3,000 mentions, correlating with extremely positive Weighted Sentiment (above +3 on the chart) and a substantial price rally. Now, Social Volume hovers around just over 200 mentions, which underscores that while negative sentiment dominates, the overall conversation frequency about DOGE is relatively low. Related Reading: Dogecoin Price Turns Bullish With 1-Day RSI In Oversold Region, Why DOGE Can Reach $0.9 Another popular analyst, Lumen (@Lumen0x), points out that Dogecoin has dropped 20% in a week—sliding from $0.22 to $0.17. Despite the pullback, whale addresses reportedly scooped up 1.7 billion DOGE (approximately $298 million) in the past 72 hours, suggesting that bigger players might be positioning for an eventual rebound. Lumen also speculates that a potential Dogecoin ETF approval could act as a bullish catalyst. According to him, if Dogecoin’s price reclaims $0.20 ahead of any ETF-related announcement, it could pave the way for a surge toward $0.50, citing the liquidity these investment vehicles could bring and the possibility of renewed social media excitement. According to Lumen, the immediate support sits around $0.17–$0.18, reflecting recent lows on the chart. The psychological pivot point is at $0.20, a level frequently mentioned by analysts as a key threshold for bullish continuation. A mid-term potential upside target is at $0.50, per Lumen’s outlook if significant market catalysts (e.g., an ETF) materialize. Overall, Dogecoin’s plunge in social sentiment underscores the volatility intrinsic to meme-based cryptocurrencies. The Sentiment Weighted metric’s deep dive suggests that the bulk of social media commentary has taken a distinctly pessimistic turn. Yet, some analysts like Martinez and Lumen believe this extreme negative sentiment could mark the start of a rebound, especially in light of notable whale accumulation and potential ETF catalysts on the horizon At press time, DOGE traded at $0.16. Featured image created with DALL.E, chart from TradingView.com

A recently published Dogecoin (DOGE) chart by analyst Paul (@Zig_ZagTrades) suggests that the popular meme-based cryptocurrency could slide as low as $0.12 in a final corrective phase before attempting a significant rebound. The 1-day chart, shared on X, outlines a textbook Elliott Wave structure that Paul interprets as a larger (A)–(B)–(C) correction, culminating in a potential Wave 2 near the $0.12–$0.15 region. More Downside For Dogecoin Ahead? In Paul’s analysis, Dogecoin has been tracing a five-subwave decline since reaching a prominent peak labeled as Wave 1 on his chart. This top coincided with a multi-day surge that lost momentum and reversed lower, leading to a series of smaller waves marked as 1, 2, 3, 4, and now 5. The analyst indicates that this fifth and final subwave is likely concluding a broader C wave (or 2nd wave if counting at a higher degree). Paul’s notations highlight a “GZ” (a “Golden Zone” commonly used by traders to pinpoint Fibonacci support clusters), and his markings pinpoint Fibonacci ratios that could define DOGE’s near-term floor. Related Reading: Buy Dogecoin Now? Analyst Says This Is the Spot The chart shows a cluster of key retracement levels spanning from $0.16 down to the mid-$0.11 range. Paul highlights Fibonacci levels at 61.8% around $0.160257 and $0.150508, alongside deeper retracements at 78.6% near $0.118726 and a 100% projection around $0.126709. These numeric zones appear to bracket the “GZ” in which Paul believes DOGE may complete its final subwave. According to the chart, the $0.12–$0.15 pocket stands out as the most critical price territory for bulls seeking to halt the ongoing downtrend. The path from the current price region toward this lower objective is labeled with a subwave count that suggests a final push beneath prior lows. Candlestick patterns on the chart confirm a sequence of lower highs and lower lows in recent weeks, a sign that the bearish momentum remains intact. Volume bars at the bottom indicate steady selling pressure accompanying downward impulses, in line with the view that DOGE could still be carving out its terminal leg of the correction. Related Reading: Dogecoin Analyst Predicts Massive Price Explosion—Is $6.24 Far-Fetched? Paul’s use of Ichimoku Cloud settings shows that the price has consistently traded below the cloud since late January, indicating that DOGE has yet to reestablish any bullish momentum. The shaded green cloud area on his chart appears to have acted as dynamic resistance, backing up the notion that the market has remained in a corrective posture for several weeks. The analyst’s labeling of the waves beyond the purported bottom, marked as (1) to (5), suggests an expectation of an eventual upward cycle if and when the coin finds support in the “GZ” zone. While the chart projects a subsequent rally from the anticipated low, no guarantees exist that DOGE will definitely hold the $0.12–$0.15 band. Failure to do so would theoretically extend the corrective pattern and undermine the bullish wave count, but Paul’s annotation implies that he sees the current downswing as a last flush of sellers. In his own words, “DOGE 1D: A Subwave 5 drop setting up a wave C/2 finish in the GZ for DOGE,” suggests an expectation of a local bottom in this area, although the market’s overall direction will hinge on whether enough buyers step in at those Fibonacci levels. At press time, DOGE traded at $0.17 Featured image created with DALL.E, chart from TradingView.com

After what seemed like a resurgence at the start of the week, the Dogecoin price has again dropped beneath the psychological $0.2 level. This has pretty much been the theme for DOGE so far in 2025, with the meme coin struggling to capitalize on any bit of momentum. Fortunately, the future appears to not be all doom and gloom for the Dogecoin price, as the altcoin approaches a critical support level. Below is the future trajectory of the DOGE price if this major level holds strong over the coming weeks. Is A 1,450% Rally On The Cards For DOGE? In a new post on the X platform, prominent crypto trader Ali Martinez shared fresh insights into the current setup of the Dogecoin price. According to Martinez, the meme coin seems to be at a juncture that could prove pivotal to its long-term health and trajectory. Related Reading: Could Cardano Be The Next Big Crypto Winner? Analyst Points To $2 Target This analysis is based on the formation of an ascending channel pattern on the Dogecoin price chart on the weekly timeframe. An ascending channel is a technical analysis pattern marked by two primary (upward-sloping) trendlines; the upper channel line connecting the swing highs and the lower boundary line connecting the swing lows. As shown in the chart above, the asset’s price usually persists within the channel; with the upper boundary line often considered a resistance zone and the lower channel line serving as a support cushion. Investors can trade as price swings between the pattern’s support and resistance levels or enter a position following a breakout or breakdown. The ascending channel pattern suggests the persistence of an upward price trend. Nonetheless, a breakout or breakdown of this channel can be used to pinpoint a trend continuation or reversal, respectively. A break above the upper trendline typically indicates the continuation of an upward trend. On the flip side, when the price breaks down below the lower channel line, it signals a possible transition from an uptrend to a downtrend. For this Dogecoin scenario, the price of DOGE has been in an ascending channel since 2015, bouncing back each time it reaches the lower boundary line. With the meme coin currently around this trendline, historical precedence suggests that the Dogecoin price might find support and rebound. “If DOGE maintains support at the channel’s lower boundary at $0.17, it could trigger a strong rebound toward $2.74,” Martinez postulates. This potential move would represent an astounding 1,450% surge from the current price point. Contrarily, if this support level of around $0.17 is breached, investors could see the Dogecoin price fall to $0.06 Fibonacci level. Dogecoin Price At A Glance Dogecoin has struggled to hold above $0.2 after falling beneath the level at the end of February. As of this writing, the price of DOGE stands at about $0.195, reflecting an over 3% decline in the past 24 hours. Related Reading: 330,000 Ethereum Withdrawn From Exchanges In 72 Hours – Supply Squeeze Incoming? Featured image created by Dall-E, chart from TradingView

Dogecoin has been trading in a bearish momentum in the past few weeks, which has caused its price to break below critical resistance levels around $0.3 and now struggling around $0.2. This downtrend has seen the Relatice Strength Index (RSI) indicator trending downwards very massively, with the 1-day RSI particularly slipping into oversold territory. However, an interesting technical outlook suggests that the Dogecoin price might reverse to the upside very soon to reach an ambitious $0.90 price target. Dogecoin Trading Near Channel Bottom As RSI Signals Weakness A recent analysis from a TradingView analyst points to a possible buying opportunity as the 1-day RSI slips into oversold territory. Notably, this possible buying opportunity, despite the ongoing decline, is based on the current setup with the RSI and chart pattern, which is reminiscent of past price bottoms for Dogecoin. Related Reading: This Analyst Predicted The Dogecoin Price Crash Below $0.2, Here’s The Rest Of The Forecast Technical analysis shows that Dogecoin has been moving within a Channel Up pattern for the past year. This pattern has been characterized by a repeated bounce between resistance and support levels. Notably, the current price action shows Dogecoin near the lower boundary of this channel, where past bounces have triggered recoveries.  However, the current trading at the lower boundary is more interesting because of its confluence with the 1-day RSI, which has slipped into oversold territory. This phenomenon mirrors conditions from August 2024, just before Dogecoin went on a remarkable rally between September and December 2024. Furthermore, the bearish wave is under the 1-day MA200 with the 1-day RSI oversold, just like the August 5, 2024 bottom. 1-Day MA200 And Fibonacci Extension Point To $0.90 Target Based on historical trends, the current price setup suggests that a rally could be on the horizon over the next few weeks. The last time this asset exhibited the same market conditions (trading near the lower boundary of its Channel Up pattern with an oversold 1-day RSI) it experienced a staggering 480% surge, eventually reaching a multi-year peak of $0.475.  Related Reading: Dogecoin $10 Price Target Back In Play? Here’s What The Charts Say Notably, that price peak aligned almost perfectly with the 1.618 Fibonacci extension level when projected from the August 2024 bottom. If a similar scenario unfolds, history could repeat itself with another parabolic rally in the coming months. In this case, the analyst has set $0.90 as a potential target, derived once again from the 1.618 Fibonacci extension, and this time projected from the March low around $0.18. Beyond price mirroring on the Dogecoin price chart, sentiment surrounding the market is a key factor. Despite the technical target of $0.90 based on the 1.618 Fibonacci extension, achieving this level seems increasingly challenging under current market conditions, especially with bearish pressure mounting on Bitcoin.  Dogecoin’s support between $0.19 and $0.2 is under pressure, and failure to hold this level could trigger a deeper retracement toward $0.16 or even $0.14. At the time of writing, Dogecoin is trading at $0.1972, down by 1.47% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com

Dogecoin (DOGE) faces a critical juncture on its long-term price chart, according to prominent crypto analyst Ali Martinez. The widely circulated chart—originally shared via X and then dissected in a YouTube Short—shows DOGE trading within an ascending parallel channel that has guided its price action since 2014. Now, the meme-inspired cryptocurrency sits precariously above a key support zone that, if breached, could set off a severe drop. Dogecoin Crash Incoming? In the long-standing pattern Martinez highlighted, each time DOGE has bounced off the lower boundary of this ascending channel, it has climbed toward the upper resistance level. Conversely, DOGE has historically retreated back down to the lower boundary when it fails to break above the channel’s ceiling. This cycle has repeated through major swing highs in the 2017–2018 and 2021 periods, among others, underscoring how significant the channel’s lower trendline is for maintaining DOGE’s broader uptrend. Martinez’s chart also features multiple Fibonacci retracement and extension levels, providing insight into historically significant price points. These important horizontal thresholds are 0.236 Fib (around $0.0068), 0.382 Fib (around $0.0159), 0.5 Fib (around $0.0316), 0.618 Fib (around $0.0625), 0.786 Fib (around $0.1652), 1.272 Fib (around $2.74), and 1.414 Fib (around $6.24). Notably, the area around $0.16–$0.19 converges with the lower boundary of the ascending channel and the higher end of the Fibonacci range near $0.1650. Related Reading: Buy Dogecoin Now? Analyst Says This Is the Spot In his most recent YouTube Short, Martinez warned that a decisive break below the $0.19 support level could open the door for a crash toward $0.015, which aligns with the 0.382 Fib retracement. “Dogecoin could crash if it loses this level of support Dogecoin has been trading inside an ascending Channel since 2014. Dogecoin has tended to rebound from this Channel’s lower support trend line toward the upward resistance trend line and from this level Dogecoin tends to drop back to the lower support trend line and then it rebounds again repeating the whole cycle. But now Dogecoin is at a critical point if it breaks the $0.19 support level it could trigger a correction to $0.015,” he stated. Related Reading: Sell All Your Dogecoin If This Happens, Says Crypto Analyst A few days earlier, he noted on X that as long as the channel’s lower boundary at $0.16 holds, DOGE maintains a chance to rebound toward the mid-channel or even the upper trend line. “DOGE remains within an ascending parallel channel. As long as the lower boundary at $0.16 holds, a rebound toward the mid-channel at $2.74 or even the upper boundary at $6.24 remains a probability!” Martinez remarked. However, the bullish outlook hinges on DOGE preserving this vital support zone. Any confirmed drop below $0.16–$0.19 would likely confirm a significant bearish shift, paving the way for the steep corrective phase Martinez describes. Such a scenario would revisit price territory near $0.015, erasing gains Dogecoin has accumulated over several cycles. At press time, DOGE traded at $0.20. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared weekly chart on TradingView, showing a steep –14.94% weekly change. When To Sell Dogecoin? In the attached chart, a series of key Fibonacci retracements run from 0.0 up to 1.618 at approximately $4.13. Notable lines include the 0.382 Fib around $0.1397, the 0.50 Fib just above $0.1997 (near current price), the 0.618 Fib near $0.2677, the 0.702 Fib around $0.33, the 0.786 Fib around $0.43, and the 1.0 Fib near $0.76. Charting Guy stresses that if DOGE “comes back and hits the 0.702 or 0.786 fib over the next few months and can’t break it,” he plans to “sell majority if not all of bag.” He adds that his personal thesis calls for a major top in late April or early May, regardless of whether prices reach $0.30, $0.40, or even $1.00. “Yes, this invalidates my bullish DOGE charts but I was going to sell whether it’s at $0.30 or $1 late April,” Charting Guy remarked. He also highlights a “key low” potentially landing in March 2026, reiterating he “can’t make that up.” Related Reading: Buy Dogecoin Now? Analyst Says This Is the Spot Part of this analysis involves a potential repetition of what Tony “The Bull” Severino (@tonythebullBTC) refers to as the “XRP 2021 fractal,” where XRP remained largely range-bound and failed to push to new all-time highs during its specific cycle phase. According to Severino, “Dogecoin continues to follow the XRP 2021 fractal.” He originally drew parallels last October, warning that DOGE might “pull an XRP this cycle,” showing how XRP traded pretty much sideways at a similar point in its market cycle. However, analyst Sun (@Sunfire1126) disagrees, arguing that Dogecoin’s movement isn’t specifically mimicking XRP. Sun notes that “most coins have done this move so far,” and cites other altcoins such as ADA and HBAR, which have both halted around the 0.618 Fibonacci retracement or lower Related Reading: Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target Charting Guy responded that he remains “open to the idea of it breaking” higher but equally open to “another rejection.” Should the price fail at $0.33 (0.702 Fib) or $0.43 (0.786 Fib) by late April, he confirms his plan to exit the market. When one user suggested he had turned outright bearish, Charting Guy clarified: “No, if you learned to read, I plan on selling end of April whether this scenario plays out and it only gets to $0.30/$0.40, or whether my bullish scenarios play out and it makes a higher high.” The shift in tone from Charting Guy is especially notable, as only two months ago he remained largely bullish on DOGE. In early January, he highlighted a wick down to $0.26—the 0.618 Fib—calling it an ideal buying opportunity. Back then, he believed DOGE would avoid revisiting that zone and was “finally ready” for a next leg up, with $1 as a “minimum target” and $4 as the highest. Since then, however, DOGE has stalled under $0.30, and Charting Guy now leans on Fibonacci hurdles—$0.33 and $0.43—as the deciding factors on whether he will exit his position by late April or early May. At press time, DOGE traded at $0.20. Featured image created with DALL.E, chart from TradingView.com

Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. Analyst Predicts XRP Price Crash To $1.5 TradingView crypto analyst MadWhale has shared a new price analysis focusing on XRP’s future price potential. The analyst emphasized his strong track record of cryptocurrency trends, underscoring that he has accurately identified and hit all the gain targets.  Related Reading: XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation MadWhale predicts that the XRP price could crash below $1.9 to $1.5. The analyst revealed that XRP is currently in a downtrend and has been making lower highs and lower lows, indicating a bearish structure. According to his price chart, the cryptocurrency is also trading within a descending channel and fast approaching a key resistance level.  This critical resistance point at the $2 mark has been tagged as a psychological level where sellers are likely to emerge and trigger further downward pressure on the cryptocurrency. If a rejection occurs at this $2.00 resistance level, MadWhale highlights that the next support area and downside target will be around $1.90, representing a 17.62% value drop. If the resistance level fails completely and the $1.90 support level breaks, the TradingView crypto analyst has forecasted another major breakdown in the XRP price. He predicts that the cryptocurrency could experience a more profound decline of 35%, possibly dropping down to the next major support level at $1.5. This crash target aligns with the lower boundary of the descending channel in which XRP currently resides. MadWhale has revealed that the decline to $1.5 could serve as a pivotal point for price stabilization, hinting at a possible reversal in the cryptocurrency once bearish pressures wane. The analyst’s price chart also shows that XRP recently tested the upper boundary of the descending channel but faced a rejection near the resistance. The main daily resistance area for the XRP price is marked in red on the chart, suggesting that $2.6 is where selling pressure might occur. As of this writing, XRP is trading at $2.8, already significantly above MadWhale’s daily resistance area.  Trump’s Crypto Reserve Plan Triggers Major XRP Price Surge After experiencing a significant price crash over the past few weeks, the XRP price seems to be recovering at an alarming pace. In just one day, the cryptocurrency saw a double-digit price surge, successfully reversing its previous downtrend. Related Reading: Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring Analysts have attributed this unexpected sharp surge to the recent United States (US) crypto reserve plan announced by Donald Trump. The US President had included XRP in his plans for a crypto reserve aimed at boosting the country’s debt strategy and crypto dominance. As news of this strategic plan spread, the XRP price saw a 24.5% increase, pushing its value significantly above the $2.5 threshold once again. Featured image from iStock, chart from Tradingview.com

Yesterday, March 2, US President Donald Trump announced the establishment of a US “strategic crypto reserve” designed to bolster America’s position in the crypto sector. The reserve will initially include major cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana (SOL), and Cardano (ADA) – not Dogecoin (DOGE). In the wake of this announcement, the broader cryptocurrency market surged by over $300 billion in market capitalization, reflecting significant investor enthusiasm for Trump’s crypto endorsement. Does Dogecoin Have A Chance? Despite the wide-ranging support for digital assets, Dogecoin was conspicuously absent from Trump’s initial list of reserve currencies. Nonetheless, Dogecoin experienced a robust rally, spiking by as much as 16% at one point before settling at a 7.5% increase over the past 24 hours as of press time. Adding a touch of levity to the discussion, Shibetoshi Nakamoto (@BillyM2k), also known as Billy Markus and co-creator of Dogecoin, highlighted the domestic origins of the cryptocurrency. He jokingly tweeted: “I just wanna reiterate that dogecoin was created in the USA, in Portland Oregon. Source: me”. Related Reading: Dogecoin Cup And Handle Taking Shape – Big Move Incoming? The official Dogecoin account on X responded succinctly to the unfolding debate with a terse message: “@realDonaldTrump, bruh.” Within 15 minutes of these exchanges, Elon Musk, known for his influential presence in the crypto space, reacted with the “Face with Tears of Joy” emoji. It remains unclear whether Musk genuinely supports the idea behind DOGE being included in the crypto reserve or if he is simply amused by the meme aspect. ???? — Elon Musk (@elonmusk) March 2, 2025 Further commentary from the crypto community has added layers to the conversation. X user Antonio Zamudio remarked on the situation, drawing parallels with other industry figures like Ripple and Cardano founder Charles Hoskinson who have lobbied for their projects’ inclusion in the crypto reserve. “I think Trump doesn’t know about the existence of Dogecoin, many Crypto CEOs have approached Trump, but although Elon is close to Trump, no one has really talked to Trump about the Dogecoin crypto, he only knows about DOGE the department of gov,” he stated and added “the irony is that we need a dogecoin representative to talk about dogecoin with Trump. Elon is there, but I don’t think he talked to Trump about crypto Dogecoin, because Elon only makes fun of Dogecoin. We need someone else close Trump talks about how good is Dogecoin. IMO” Related Reading: Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness In a related perspective, renowned crypto analyst Kevin (@Kev_Capital_TA) expressed more optimism on X: “With Elon being best buddies with Trump and them working hand over first to Make America Great Again I have no doubt in my mind that Dogecoin will be in the strategic reserve at some point. Also DOGE Payments likely coming soon on X.” Notably, Trump’s announcement on Truth Social hinted that additional “valuable cryptocurrencies” could eventually be incorporated into the reserve. CryptoQuant CEO Ki Young Ju, writing under his secondary X account, Kate The Alt (@kate_young_ju), questioned: “What are the ‘other valuable cryptocurrencies’ in the US crypto reserve?” What are the ‘other valuable cryptocurrencies’ in the U.S. crypto reserve? pic.twitter.com/nKSoop45eb — Kate The Alt (@kate_young_ju) March 2, 2025 Trump’s own words in the announcement were unambiguous regarding the core components: “Obviously, Bitcoin and Ethereum, as other valuable cryptocurrencies, will be the heart of the reserve. I also love Bitcoin and Ethereum.” From a technical analysis standpoint, the market reaction to the news appears to have altered Dogecoin’s chart dynamics. Prior to the announcement, DOGE had fallen out of a descending trend channel on the daily chart. However, following the revelation of the crypto reserve, Dogecoin rebounded into the channel and is currently testing the lower trend line—a critical support level. A daily close above this line will be essential to confirm the bullish momentum. At press time, DOGE traded at $0.219. Featured image created with DALL.E, chart from TradingView.com

The Dogecoin price is down more than -57% from its December 8 high at $0.4843, but a bottom could be near. In a technical analysis shared on X, Rose Premium Signals (@VipRoseTr) highlights a potentially bullish setup for Dogecoin (DOGE), fueled by a classic “Cup & Handle” pattern. Dogecoin Cup And Handle Could Emerge According to the chart, the DOGE price could face a last leg down before it will find its low near the $0.16896 support zone. This level marks the base of a possible Cup & Handle pattern—a formation characterized by a rounded “cup” followed by a smaller consolidation or “handle.” Technically, the cup phase reflects the market’s effort to find a bottom, while the handle phase often takes shape as a brief pullback or sideways movement before a potential breakout. The pivotal zone for DOGE’s next move appears to be near $0.29124. If price rallies above this threshold, it would likely confirm the Cup & Handle formation and could trigger a robust upward swing. The chart suggests that traders may interpret a decisive daily or weekly close above $0.29124 as a confirmation signal, potentially ushering in bullish momentum. Related Reading: Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness “DOGE is showing strong bullish potential as it approaches a key reversal zone. Price has reached the $0.16896 support, aligning with a potential Cup & Handle formation. A breakout above $0.29124 could confirm a rally toward new highs,” Rose Premium Signals writes via X. In terms of upside objectives, Rose Premium Signals indicates that DOGE could climb toward the $0.50 – $0.60 range if the Cup & Handle pattern plays out as anticipated. This target corresponds to historical zones of increased trading activity and psychological levels that often capture traders’ attention. The analysis further notes potential for further upside, hinting that Dogecoin’s trajectory may extend beyond $0.60 should positive sentiment intensify. “Long-term target sits near $0.50 – $0.60, with potential for further upside. If momentum continues, Dogecoin could reclaim its meme coin throne and push toward higher levels,” the analysts say. Related Reading: If Dogecoin Falls Below This Level, A Freefall To $0.06 Is Possible: Analyst This commentary underscores DOGE’s capacity to reclaim its status among top meme coins. While the recent memecoin mania has flooded the market with thousands of smaller tokens, diverting attention from the original memecoin, Dogecoin, the landscape may be shifting. Following the burst of the memecoin bubble— which peaked with TRUMP, MELANIA, and LIBRA— focus could soon return to DOGE as traders seek more established assets in the space. From a technical perspective, a decisive breakout with sustained momentum could reignite both retail and institutional interest, propelling DOGE toward higher resistance levels and confirming the potential Cup & Handle pattern. At press time, DOGE traded at $0.207 Featured image created with DALL.E, chart from TradingView.com

The Dogecoin price may be in for more pain, as a crypto analyst has projected another significant breakdown to new lows. On the bright side, the analyst suggests that this retracement will offer a discount for traders who aim to capitalize on the buy-dip opportunities and accumulate ahead of a potential increase.  If it fails to break a key resistance area, the Dogecoin price could see another major drop to new lows at $0.125. According to TradingView crypto analyst Dave Hunter, this bearish outlook is a more likely scenario for Dogecoin, considering its current market performance and volatility. Dogecoin Price Set To Retrace To $0.125 Discount The TradingView analyst shared a chart representing the Dogecoin price action on a weekly timeframe, highlighting the trajectory of his bearish breakdown projection for the meme coin. Hunter calls his projected decline in the Dogecoin price a discount zone, suggesting an area where traders would find it more favorable to accumulate the meme coin.  Related Reading: Dogecoin Price Hits Double Bottom To Trigger Massive Rally, Here’s The First Target The red horizontal line at $0.24 marks an order block, which is the critical resistance level at which Dogecoin’s price is set to react. The analyst urges traders to withhold buying more Dogecoin until it attempts a short-term retracement to this area. Given the weakened state of the market, Hunter emphasized that shorting should take more precedence for traders. The reason is probably because Dogecoin has been in a declining state for weeks now, and initiating a sell-off would help traders prevent further financial losses, especially since additional slips in the meme coin’s value are expected.  The TradingView analyst warns that liquidity sweeps from lower levels may occur, meaning stop-losses of long positions may be triggered, fueling more selling pressure. Typically, an increase in selling pressure for any cryptocurrency often fuels volatility, potentially leading to a price drop as demand decreases.  While he shared his bearish forecast for Dogecoin, Hunter also mentioned Dogecoin’s Central Liquidity Score (CLS) and market timing for traders. He highlighted that smart money operates in specific cycles, and traders should consider aligning their market entries with these CLS-based liquidity ranges to limit trade risks.  DOGE Rebound Incoming: Buy Signal Confirmed In other news, Dogecoin could be getting ready for a potential price rebound, as its TD Sequential just flashed a buy signal on its daily chart. Renowned crypto analyst Ali Martinez highlighted this discovery on February 27 in an X (former Twitter) post. Related Reading: Dogecoin Price Faces ‘Moment Of Truth’ As It Battles The Macro 0.5 Fib Extension The analyst’s chart indicated a 9 TD Sequential, which typically appears after nine consecutive downward candles and signals a potential trend reversal to the upside. The S13, indicated by the green arrow on the chart, also reinforces this rebound outlook. If the trend holds, Martinez believes Dogecoin could see a major upward movement from its current price of $0.21 soon. Featured image from Adobe Stock, chart from Tradingview.com

In a post on X today, crypto analyst Satoshi Flipper (@SatoshiFlipper) shared a daily chart of DOGE/USDT on Binance that highlights what he calls a “monster falling wedge.” The chart shows Dogecoin’s price moving within two converging trendlines—one descending from the coin’s recent swing highs, and the other descending at a shallower angle from its short‐term lows, forming a classic wedge structure. Buy Or Sell Dogecoin Now? According to the chart, Dogecoin is currently trading in the $0.21–$0.22 range, hovering just above the wedge’s lower boundary. This trendline extends from the coin’s mid‐December levels—when Dogecoin first began its downward trajectory—through its successive lower lows, culminating near the apex in early March. Meanwhile, the upper boundary of the wedge connects a series of descending peaks from the coin’s local highs, including one in mid-January, sloping downward into the same apex region. A ‘falling wedge’ is typically viewed by technical traders as a potential bullish reversal pattern, particularly when accompanied by decreasing volume during the consolidation phase. The idea is that as sellers become exhausted, buyers may begin stepping in near the wedge’s support line, driving price momentum upward once the resistance line is broken. Related Reading: If Dogecoin Falls Below This Level, A Freefall To $0.06 Is Possible: Analyst In the chart Satoshi Flipper shared, a dashed arrow projects a possible bullish move if Dogecoin can decisively break above the wedge’s top boundary. While no guarantees exist in crypto markets, this hypothetical trajectory arcs from current price levels around $0.21 to as high as the $0.50 region by late-April. The chart also shows a notable horizontal support zone below the market, hovering around $0.10–$0.15, which dates back to Dogecoin’s earlier base before its large run‐up. Meanwhile, sentiment among other crypto analysts on X appears divided. Carlos Garcia Tapia (@CAGThe3rd) cautions that he sees “h patterns everywhere” and suggests a potential retracement before the next leg down: “Sad to say, this is all cooked, bois. DOGE 14 cents :(“ In response to another user who was unfamiliar with the “h pattern,” Tapia reiterated his view of a likely downward move. “Pretty much a retracement before the next leg down,” he stated. “This contrasts with the more optimistic stance from Suzzy | DeFi (@SuzzyDefi), who highlighted a strong wick off the $0.19–$0.20 support zone: Related Reading: Dogecoin Warning: One Level Could Trigger A Surge, Says Analyst “Took a glance at DOGE, and I just spotted a strong wick off the $0.19 – $0.20 support, giving me serious bullish vibes! Buyers are stepping in, and if we see a green candle next, DOGE could be heading toward $0.25+ soon.” At press time, DOGE traded at $0.20635. Featured image created with DALL.E, chart from TradingView.com

In a post on X on Tuesday, crypto analyst Ali Martinez (@ali_charts) shared a long‐term Dogecoin (DOGE) price chart highlighting a critical support level that, if lost, could open the door for a steep correction. Martinez pinpointed $0.19 as the line in the sand. Should the meme‐inspired token dip below this threshold, he argues, “the probability of a deeper correction toward $0.06 significantly increases.” Dogecoin Crash To $0.06 Incoming? The weekly chart—which spans back to early 2014—depicts Dogecoin trading within a broad ascending channel. Solid black trend lines enclose most of the price action from DOGE’s earliest sub‐penny valuations to the all‐time high of roughly $0.73 in 2021. Dashed lines running parallel to these trend lines appear to act as mid‐channel guides, capturing smaller swings within Dogecoin’s larger market cycles. Notably, DOGE has spent prolonged periods moving laterally within the lower range of this channel, only to break out sharply when it has tested the upper boundaries. When Martinez posted the chart, Dogecoin was seen hovering around $0.225, just above a key horizontal support region in the chart. Related Reading: Dogecoin Warning: One Level Could Trigger A Surge, Says Analyst Overlaid on the channel are extensive Fibonacci levels derived from Dogecoin’s long‐term price history. The 0.786 Fib retracement—commonly viewed as a make‐or‐break support in deeper corrections—seems to align near $0.1978, very close to the $0.19 level Martinez highlighted. Below $0.19, the chart shows few immediate technical cushions until roughly $0.13, which is aligning with the lower part of the multi‐year ascending channel. Beneath that, the $0.06 price point emerges as the most prominent downside target, potentially matching a key historical congestion area and aligning with the lower part of the multi‐year ascending channel. Among the other Fibonacci levels visible on the chart are the 0.618 Fib near $0.05, 0.5 Fib near $0.03, 0.382 Fib near $0.015 and 0.236 Fib near $0.0059. While these lower Fib lines may not all come into play, they help map out DOGE’s historical support/resistance zones in the event of an extended sell‐off. Related Reading: Dogecoin Price Confirming Final Retest, Here Are The Levels To Watch For A Bullish Breakout The chart also shows higher Fib extension levels such as 1.272 (around $4.10), 1.414 (around $10.04), and 1.618 (around $36.32). Though these may appear far‐fetched given current market conditions, such extensions on a long‐term chart can serve as reference points if Dogecoin were to regain strong bullish momentum and climb toward new heights in future market cycles. For now, all eyes are on $0.19 as Dogecoin’s crucial inflection point. If DOGE holds above this level, it may preserve its place in the mid‐range of the ascending channel. However, as Ali Martinez warns, a breach of $0.19 could intensify downward pressure and potentially set Dogecoin on a path toward $0.06. At press time, DOGE traded at $0.206. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Ali Martinez has revealed a bearish on-chain metric for Dogecoin, sparking a negative outlook for the foremost meme coin. Based on this, DOGE could be at risk of suffering further price declines.  Dogecoin’s Activity Levels Crash To 4-Month Lows In an X post, Martinez revealed that Dogecoin’s network activity has dropped to its lowest level since October 2024, with just 66 whale transactions and fewer than 60,000 active addresses daily. Bitcoinist had also recently reported that DOGE’s large transactions had dropped by 88% since the end of last year. Related Reading: Dogecoin Large Transaction Volume Explodes 41%, Daily Addresses Spike 35%, Catalyst For Surge To $1? This drop in Dogecoin’s network activity coincides with the price crash that the foremost meme coin has experienced since it reached a local high of around $0.46 in December. The whales massively influence DOGE’s price action, and the decline in whale transactions provides a bearish outlook for the meme coin.  With Dogecoin whales choosing to remain on the sidelines, the DOGE price could experience further declines. The meme coin has already dropped around 50% from its local high recorded in December, sparking concerns that its bull run has ended. Besides the drop in whale transactions and active addresses, DOGE’s open interest has also sparked concerns.  As Bitcoinist reported, Dogecoin’s open interest has dropped to December 2024 levels. DOGE witnessed a price crash back then as it fell from its local high. As such, the foremost meme coin is again at risk of suffering a price crash that could send it below the $0.2 psychological price level.   With such a bearish outlook, Dogecoin is at risk of testing the $0.19 price level. This level is significant as Martinez has before now suggested that a break below this level would suggest that DOGE’s bull run is over. However, he affirmed that as long as it holds above this level, then the foremost meme coin could still rally to as high as $4 in this cycle.  Final DOGE Pullback Before Next Leg Up In an X post, crypto analyst Trader Tardigrade suggested this might be the final Dogecoin pullback before the next leg up. He remarked that DOGE may have completed the recovery phase. The analyst added that the meme coin’s markup phase is coming soon. His accompanying chart showed that Dogecoin could rally to as high as $7 when this markup phase occurs.  Meanwhile, in another X post, Trader Tardigrade stated that Dogecoin had reached the same retracement angle from the previous top. In line with this, he remarked that this might be the final DOGE level of the current pullback.  Related Reading: Dogecoin Price Confirming Final Retest, Here Are The Levels To Watch For A Bullish Breakout At the time of writing, the Dogecoin price is trading at around $0.23, down almost 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

In his latest livestream, crypto chartist Kevin drilled down on Dogecoin’s price action, stressing both caution and optimism for the popular meme coin. Speaking to his YouTube audience, Kevin acknowledged Dogecoin’s history of dramatic price swings yet underlined that critical technical levels could spark the next substantial move. When Will Dogecoin’s Next Big Move Be? Kevin noted Dogecoin’s pattern of large retracements followed by new highs in previous bull markets. “Look at these moves, right? Every single pullback that Dogecoin got in the previous bull market—56%, 57%, 53%—all led to new highs,” he said, emphasizing the coin’s cyclical nature. He also compared Dogecoin’s pullbacks from 2022 onward to what happened in its earlier cycles: “In this bull market so far, Dogecoin had a 65% correction, now it’s had a 58% correction. We’re doing the same thing that we’ve always done.” Despite Dogecoin’s tendency to rebound, Kevin underscored specific threshold levels that need to be recaptured. “Doge has a mission to accomplish, and that is to get back above the macro golden pocket and the weekly bull market support band, which is now at $0.30,” he explained. From his perspective, “If Dogecoin starts closing weekly candles above $0.30, I have no doubt in my mind that we will come back up to the macro 0.786 [Fibonacci level] … that $0.48-level, and then probably head higher from there.” When asked about Dogecoin’s current outlook, Kevin cautioned that market conditions—and particularly Bitcoin’s performance—would have the final say. “Dogecoin is not going to drive the market; it’s going to go where Bitcoin’s going.” If Bitcoin remains sideways or dips further, Dogecoin could stall below that $0.30 barrier. His broader thesis is that the crypto market at large, including Dogecoin, is paused in a state of anticipation. Kevin believes key policy changes—such as an end to quantitative tightening (QT), improved inflation data, or interest-rate cuts—could serve as the catalyst for another altcoin rally. Because Dogecoin often closely tracks the general sentiment around Bitcoin and total market cap, broader macro shifts would likely dictate its trajectory. “Nothing’s changed on Doge […] at any time, it can come down and take this wick down at the $0.20 level. For now, the path of least resistance is down,” Kevin added. Nonetheless, he stressed this could change abruptly if overall market sentiment improves and Bitcoin begins to rally. Overall, Kevin stressed that broader market factors—such as changes in US monetary policy or an overall jump in crypto market confidence—could “flip the switch” for Dogecoin. A strong macro tailwind, he believes, would likely pull DOGE decisively above $0.30, setting the stage for a run back toward $0.48. At press time, DOGE traded at $0.232. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout.  Levels To Watch For As Dogecoin Price Confirms Final Retest In a TradingView post, Basic Trading highlighted $0.2, $0.5, and $5 as the levels to watch out for as the Dogecoin price confirms a final retest. This came as the analyst noted that market participants are about to witness a textbook ‘break and retest’ for Dogecoin. Alluding to the monthly chart, the analyst said that DOGE is obviously in an upward trend despite recent corrections.  Related Reading: Dogecoin $10 Price Target Back In Play? Here’s What The Charts Say Basic Trading also remarked that the Dogecoin price has seen the expected correction of about 50% following its textbook retest of the previous all-time high about three months ago. The analyst is confident that the foremost meme coin is about to confirm the bullish break and retest, which would eventually lead to a parabolic rally and new highs.  He predicts that DOGE will witness significant buy pressure, pushing the Dogecoin price to its current local high of around $0.5. This potential breakout would pave the way for a rally to a new ATH. Basic Trading believes that the foremost meme coin can rally to as high as $5 because of its performance in previous cycles.  The analyst noted that the Dogecoin price enjoyed an 8,000% gain in the 2017 bull cycle and a 50,000% in the 2021 cycle. As such, he believes the $5 price level is a conservative target for DOGE in this bull run. Crypto analyst Dima Potts also recently predicted that Dogecoin could reach $10 in this cycle as it is mirroring a similar pattern from the 2017 bull cycle.  $3 Remains A Strong Possibility For DOGE In an X post, crypto analyst Ali Martinez revealed how the Dogecoin price could rally to as high as $3 in this market cycle. He noted that the most critical support zone for DOGE is between $0.19 and $0.16. According to him, if this level holds, the $3 target remains a strong possibility for the foremost meme coin.  Related Reading: Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume? Crypto analyst Trader Tardigrade also provided a bullish outlook for the Dogecoin price. In an X post, he stated that DOGE’s macro chart is showing a similar price pattern. The analyst remarked that if it mirrors the 2017 moves, DOGE could soon experience another massive surge. His accompanying chart showed that the meme coin could reach $1.7 when this massive surge happens.  At the time of writing, the Dogecoin price is trading at around $0.25, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH).  Why $0.28 Is The Next Major Milestone For Dogecoin’s Road To ATH In an X post, Dima Potts revealed that $0.28 would be the next major milestone for Dogecoin on its road to a new ATH. The analyst stated that he expects DOGE to move towards the $0.28 range, similar to the previous cycle. As such, he remarked that this range marks the next major milestone for the foremost meme coin. Related Reading: Historical Performance Says Dogecoin Price Could Surge To $2.2, Here’s How The analyst further noted that beyond this point, there would be an increase in volatility with the Dogecoin price consolidating before heading towards new yearly highs and eventually its ATH. In the meantime, Potts noted that the $0.25 price level continues to serve as a short-term support level that DOGE’s price should follow, just like in the 2017 cycle when this pattern emerged.  The analyst had earlier revealed that a similar pattern to the one in the 2017 cycle was emerging for Dogecoin in this cycle. He alluded to this pattern as why DOGE can rally to as high as $10 in this cycle. Potts remarked that he believes the meme coin will head towards its all-time highs and then much higher in the coming weeks, mirroring its 2017 performance.  Meanwhile, crypto analyst Kevin Capital recently highlighted the Dogecoin price’s struggle to reclaim this $0.28. This came as he noted that DOGE has failed to get above the macro golden pocket and weekly bull market support band, which is around the $0.28 range. In line with this, he stated that it is time to watch the Bitcoin price even closer to see if the flagship crypto can help the foremost meme coin witness a bullish reversal soon enough. DOGE Has Entered A Boring Phase  In an X post, crypto analyst Trader Tardigrade stated that the Dogecoin price has entered the “boring phase.” In line with this, he told market participants to expect tight consolidation at the current level over the next few weeks before the massive DOGE rally. His accompanying chart showed that DOGE could rally above $1 when this rally happens.  Related Reading: Dogecoin Traders Remain Extremely Bullish Despite Price Crash, Here Are The Numbers Crypto analyst Kevin Capital stated that the Dogecoin price is still in risky waters. He remarked that the meme coin needs to get above the macro golden pocket and weekly bull market support band at $0.30 on weekly closes. The analyst added that it is only when that happens that market participants can feel good again about DOGE attacking the highs and beyond.  At the time of writing, the Dogecoin price is trading at around $0.25, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

In a technical update posted on X, crypto analyst More Crypto Online (@Morecryptoonl) presented a one-hour DOGE/USD chart (Binance) illustrating a precarious sideways movement and a potential turning point for the meme coin. At press time, Dogecoin is stuck around the $0.25 region, barely moving after a substantial drop in early February, with little to confirm a definitive bottom in place. Dogecoin Stuck In Limbo From the chart’s labeling, the analyst employs a blend of Elliott Wave counts and Fibonacci retracement levels to map out Dogecoin’s possible next steps. Notably, a broad corrective sequence labeled as (1), (4), C, A, B, W, X, Y highlights multiple overlapping waves—indicative of an extended correction rather than a simple price pullback. In the latest leg downward, the analyst’s markings show a major swing low around $0.21–$0.22, which coincides with a potential wave (4) on the chart, although there is an “alt 4?” label suggesting this may still be an alternative count which drags the DOGE price even deeper in one last correction. The Fibonacci retracements and extensions plotted in the $0.22–$0.24 region, with key levels including the 50% retracement at $0.2446, a 78.6% level near $0.2206, and a 100% extension around $0.2338, are key support levels. These overlapping zones show where DOGE’s price bounced and consolidated over the past several sessions. Related Reading: Dogecoin Could Collapse If This Support Fails, Analyst Warns Despite the intricate wave structure, the analyst points out there is “no clear confirmation of a bottom.” The price has been range-bound in the mid-$0.25 territory, lacking the momentum usually seen in robust trend reversals. More Crypto Online underscores two primary levels overhead that could confirm a bullish reversal: $0.293 – Breaking above this zone may offer the first tangible indication that buyers are taking control and $0.341 – A close above $0.341 would serve as a stronger confirmation of trend reversal and likely invalidate current lower-wave counts. Related Reading: Dogecoin Repeating History? This Setup Led To 150% Gains Until these thresholds are breached, the analyst remains cautious, noting that while they “lean toward the low being in,” there is still no definitive evidence to support it. A crucial observation is the muted bounce off recent lows while the Bitcoin price saw a strong move upwards on Thursday. According to the chart, each subsequent uptick has been shallow, failing to gain meaningful traction and hinting that sellers remain active. This underscores the broader uncertainty. If buyers cannot push above $0.293 soon, Dogecoin’s sideways drift could persist. A deeper dip below $0.22 could give rise to a more extended corrective pattern, labeled on the chart as (5) or C, challenging bullish hopes that the last swing low is the cycle bottom. In the words of the analyst: “Despite some charts showing strong moves today, the DOGE price has remained stagnant, with no clear confirmation of a bottom. The price continues to move sideways, lacking decisive momentum. A break above $0.293 would be the first step in signaling a potential reversal, with stronger confirmation coming from a move beyond $0.341. While I lean toward the low being in, there’s still no definitive evidence. So far, the upside move from the last low has been too small to be meaningful.” At press time, DOGE traded at $0.25. Featured image created with DALL.E, chart from TradingView.com

In a video on Wednesday, the popular YouTube channel More Crypto Online offered an analysis of Dogecoin’s price structure, suggesting that the meme-inspired cryptocurrency could be on the cusp of a breakout or breakdown—provided it falls below critical support levels. The analyst’s outlook centers around Elliott Wave counts, potential consolidation patterns, and pivotal price thresholds that could define Dogecoin’s short-term trajectory. Dogecoin Teeters On The Edge The analyst notes that Dogecoin has shown “only sideways action over the last few days, actually last 10 days or so,” following a significant selloff. According to the channel’s host, the price dipped into a previously identified support zone and has since failed to rally above the key resistance at $0.34: Related Reading: Dogecoin Flashes Oversold Signal—Rebound Ahead? “Unfortunately, we did not break above the $0.341 level in that recovery and we haven’t yet broken above any signal line, which is a shame because it keeps the price caught in this sideways consolidation mode,” he said. Despite the muted price action, the analyst believes Dogecoin may still form a classic A-B-C corrective pattern, with the potential C-wave finding a bottom slightly below the A-wave low: “If this really is an A-B-C structure, the C-wave would normally end below the low of the A-wave […] doesn’t have to, but that seems to be likely.” He estimates that the “ideal target” for the C-wave sits around $0.233 to $0.234, derived from measuring the length of the initial A-wave. Of particular importance is the $0.22 level, which aligns with the 78.6% Fibonacci retracement. Maintaining this zone is viewed as critical to preserving the broader bullish scenario: “Only as long as the market holds above $0.22, the overall let’s say bullish thesis remains intact […] ideally we’re holding above it.” Any drop below this threshold would seriously dent the bullish case, and another lower figure, $0.204, is cited as the ultimate invalidation point. A decisive break under either level could signal further downside: “Any break below $0.22 will likely lead to invalidation […] the invalidation point itself is a little lower, however, that’s at $0.204 and we are far away from that at the moment.” Related Reading: Dogecoin Repeating History? This Setup Led To 150% Gains From the analyst’s perspective, Dogecoin would need to exceed certain “signal lines” to provide stronger evidence of a trend reversal. He highlights $0.293 as the first signal of a potential low, while a move beyond $0.342 would be considered a more definitive upside breakout trigger. “Once we finally start the third wave […] we need to get above the first signal line […] better will be a break above the upper signal line at $0.342,” the analyst states. In that scenario, the structure would confirm a sustained bullish wave, potentially validating expectations of a more pronounced Dogecoin rally. The analyst emphasizes that much of the crypto market remains in sideways territory. He specifically compares Dogecoin’s resilience to Solana, which he notes has “dropped quite a bit,” while Dogecoin appears to be “holding quite well.” Nevertheless, broader market sentiment and macroeconomic factors continue to influence price performance across the board. At press time, DOGE traded at $0.25. Featured image created with DALL.E, chart from TradingView.com

Dogecoin has once again dipped into oversold territory on its 4-hour chart on Tuesday, marking the most pronounced level of selling pressure since the sudden capitulation on February 3. During that episode, the price plunged to around $0.20 before rebounding by 45% within the same trading day—a move that underscored how quickly Dogecoin can rally from oversold conditions. Dogecoin Price Plunges Into Oversold Zone In an analysis today, crypto Analyst Cas Abbé (@cas_abbe) highlights an RSI reading that has dipped to 30 on Tuesday, indicating that selling pressure may be nearing its limit. Dogecoin’s path to this oversold level began after it failed to maintain momentum near $0.28. The cryptocurrency currently trades around $0.25, a zone that Abbé identifies as historically prone to strong support. He suggests that negative sentiment toward memecoins triggered by the LIBRA meme coin disaster by Argentinian President Javier Milei appears to have reached unprecedented lows. This, according to him, could paradoxically create an attractive accumulation opportunity. Related Reading: Dogecoin Repeating History? This Setup Led To 150% Gains Abbé projects that Dogecoin could stage a short-term push to $0.30, a psychologically significant level that coincides with prior resistance. A move beyond $0.30 could open the door for a test of the yearly high, although a sustained uptrend may hinge on how broader market sentiment evolves and whether broader risk-appetite improves. “DOGE has reached its most oversold level since the February 3rd capitulation. Sentiment for memes has reached an all-time low, which also presents a good opportunity to accumulate cult memecoins. I’m expecting a short-term move towards $0.3, followed by a new yearly high,” Abbé concludes. Related Reading: Dogecoin Crash Signal Flashes: Analyst Warns Of A Potential 40% Drop On Monday, Abbé also discussed a recurring bullish pattern visible on the 3-day chart of Dogecoin. He traced three distinct descending channels in Dogecoin’s price action—one in Q4 2023, another in Q3 2024, and the current one unfolding in early 2025. In both of the previous instances, Dogecoin broke above the descending channel’s upper boundary, sparking gains exceeding 150%. Abbé points out that Dogecoin appears to be following a similar downward-sloping channel today, ranging from approximately $0.36 at its upper boundary to around $0.24 at its lower end. If the same pattern holds true, a decisive break above the channel’s resistance could trigger another triple-digit percentage rally. However, if Dogecoin moves below that lower boundary, the bullish setup observed in the prior two breakouts would face potential invalidation. At press time, DOGE traded at $0.25. Featured image created with DALL.E, chart from TradingView.com

Dogecoin (DOGE)  is once again making waves in the crypto market. This time, it’s due to a fascinating technical pattern forming on its price chart: a symmetrical expanding triangle. Known for signaling periods of heightened volatility and potential breakout opportunities, this pattern has traders and investors on the edge of their seats, wondering what’s next for DOGE. The symmetrical expanding triangle is a rare and dynamic formation, marked by its widening price range and converging trendlines. For Dogecoin, this pattern reflects a tug-of-war between bulls and bears, with neither side gaining a clear upper hand yet. As the triangle continues to develop, the likelihood of a decisive price movement grows, setting the stage for an explosive breakout or breakdown. Analyzing Dogecoin’s Current Price Action Within The Expanding Triangle Dogecoin’s price action within the symmetrical expanding triangle suggests heightened market indecision as both bulls and bears attempt to assert dominance. The widening nature of the triangle indicates increasing volatility, with each price swing becoming more extreme. Related Reading: Dogecoin (DOGE) Stuck In Limbo—What’s Holding Back The Recovery? Currently, DOGE is oscillating between the upper resistance trendline and the lower support trendline of the expanding triangle. Each swing is becoming more pronounced, with a higher high of $0.2923 and a lower low of $0.2403, reflecting increasing market uncertainty and aggressive trading activity.  These key support and resistance trendlines will determine the next major move. If buyers push the price toward the upper boundary, a breakout could signal a bullish continuation. Conversely, a drop toward the lower trendline hints at a possible bearish breakdown.  Volume trends and technical indicators like RSI will provide further confirmation of market sentiment as DOGE approaches a decisive move. A rising RSI toward the 50% threshold may indicate a strengthening upside momentum, whereas a continued downward move might reinforce the bearish outlook. Furthermore, an uptick in volume alongside a price surge would support a sustained rally while declining volume leads to weakening conviction among market participants. Key Levels To Watch For A Confirmed Breakout As DOGE continues to trade within a symmetrical expanding triangle, identifying key levels for a confirmed breakout is crucial for traders and investors. When a bullish or bearish breakout occurs, it could signal the start of a new trend, making it essential to monitor these levels closely. Related Reading: Dogecoin Rally To $0.35 Could Trigger Massive Short Squeeze Specifically, a strong close above the upper boundary of the pattern near $0.2923, coupled with a notable surge in trading volume, would confirm an upward breakout. This move will probably pave the way for further growth, driving the price toward $0.3563 or beyond. However, If DOGE fails to hold support near $0.2403, selling pressure could intensify, pushing the price down to $0.1800 or lower. A sustained bearish move below this level points to a deeper correction, bringing historical support zones into focus. Featured image from Adobe Stock, chart from Tradingview.com

A new technical chart shared by crypto analyst Cas Abbé (@cas_abbe) on X is showing a recurring bullish pattern in Dogecoin’s price action. The 3-day chart highlights three distinct descending channels in Dogecoin’s history—one during Q4 2023, another in Q3 2024, and the current one in early 2025—that each preceded major price surges of over 150%. Dogecoin’s 150% Breakout Pattern Is Back Abbé writes via X: “DOGE is currently in a bullish descending channel, similar to Q4 2023 and Q3 2024. In both cases, the breakout resulted in a 150%+ pump.” The chart illustrates how Dogecoin formed a downward-sloping channel in Q4 2023 before breaking out around late December of that year and rallying by more than 150% in subsequent weeks. A similar formation emerged in Q3 2024, with Dogecoin again trading within tight descending trendlines before pushing through the channel’s upper boundary. That breakout yielded another sizeable price move, once again exceeding 150%. Now, Abbé points out that Dogecoin appears to be mirroring those past setups, trading within what he identifies as a “bullish descending channel.” Price action on the 3-day timeframe shows Dogecoin bouncing between parallel trendlines that slope downward from roughly $0.36 at their highest to around $0.24 at their lowest. If this pattern follows the same trajectory as in 2023 and 2024, Abbé suggests a significant upside could be in store once the token decisively breaks the channel’s resistance. The DOGE price is currently at the lower end of the channel, which could signal a buying opportunity. However, a break to the downside could invalidate the bullish setup from the past. Beyond short-term market sentiment—still subdued for meme-based cryptocurrencies—Abbé points to Dogecoin’s decade-long presence in the crypto landscape as evidence of the coin’s staying power. He noted: “I know sentiment for memes is down a lot, but $DOGE has been in this space for a decade and will continue to be here. A $1 DOGE is a realistic price target for this cycle.” Although no guarantee exists that history will replicate itself precisely, Abbé’s chart underlines a consistent technical structure that has preceded Dogecoin’s sharp moves in the past. Buy Signal Confirmed? Meanwhile, another analyst, Ali Martinez (@ali_charts), offered a shorter-term view. Sharing his thoughts via X, Martinez said the TD Sequential indicator on the 4-hour chart is showing a buy signal, which often hints at an impending shift in momentum. “Dogecoin could be gearing up for a rebound, as the TD Sequential indicator flashes a buy signal on the 4-hour chart!” Martinez writes via X. The TD Sequential is widely followed by technical traders for its ability to time local price tops and bottoms. However, one user questioned Martinez’s commentary, pointing out that the analyst had mentioned a “death cross” between the MVRV Ratio and its 200-day moving average just yesterday. Martinez countered by emphasizing the natural ebb and flow of all markets: “Tell me an asset that goes in one direction in a straight line.” At press time, DOGE traded at $0.25456. Featured image created with DALL.E, chart from TradingView.com

Dogecoin (DOGE) holders have been put on alert by crypto analyst Ali Martinez (@ali_charts), who shared a chart on Monday highlighting a noteworthy technical setup. According to Martinez, the Market Value to Realized Value (MVRV) ratio for DOGE just formed a “death cross” with its own 200-day moving average (MA)—an event that previously correlated with major price declines. Dogecoin MVRV Death Cross Warning Martinez’s chart, sourced from Santiment, plots three key data points: DOGE/USD Price (black line), DOGE’s MVRV Ratio (orange line) and DOGE’s 200-day MVRV Ratio MA (red line). He commented: “DOGE just saw a death cross between the MVRV Ratio and its 200-day MA. The last two times this happened, prices dropped 26% and 44%.” The newly printed “death cross” occurs where the orange MVRV ratio line falls below the red 200-day MA line. Historically, the analyst notes, DOGE’s price experienced two significant corrections after this same crossover: A 26% drop between early September and late October 2023 and a 44% plunge from mid-June to late September 2024. Related Reading: Dogecoin Pulls Back To ‘The Golden Ratio’ – Analyst Expects A Bullish Reversal Both downturns appear in shaded areas on the chart, labeled accordingly. After each of these drawdowns, Dogecoin’s price eventually rebounded, but only after reaching notably lower price levels. Looking closer at the chart, Dogecoin’s price is shown trading around $0.268. The MVRV ratio (orange line) has climbed near 91%, while the 200-day MVRV Ratio MA (red line) hovers around 78.36%. The MVRV ratio compares Dogecoin’s current market value to its realized value (the aggregated cost basis of DOGE last moved on-chain). An MVRV of 91% indicates that market participants, on average, could be up significantly relative to their purchase price—if the ratio remains above 1. Although the exact interpretation depends on how an analyst applies the MVRV scale, a higher MVRV ratio generally implies increased unrealized gains among holders. Related Reading: Dogecoin Ready For A $2.43 Rally? Elliott Wave Says Yes The 200-day MVRV MA is the simple moving average of the MVRV ratio over the past 200 days. It provides a longer-term baseline to gauge how far Dogecoin’s current MVRV stands above or below its historical trend. A “death cross” in this context appears when the short-term MVRV ratio (orange line) moves beneath the 200-day MVRV ratio MA (red line), often signaling a potential shift in sentiment or impending sell pressure. Notably, the Dogecoin price is showing some weakness over the past couple of weeks. Since the December 8 high at $0.4834, DOGE is constantly writing lower highs and lower lows, a highly bearish chart setup. Martinez shared the below chart and stated: “DOGE remains in a downtrend, forming lower lows and lower highs. A breakout above key resistance is needed to shift momentum!” For this to happen, DOGE would need to break above $0.44. However, DOGE bulls can expect significant resistance at $0.31 (0.382 Fibonacci retracement level), $0.342 (0.5 Fib) and $0.375 (0.618 Fib). At press time, DOGE traded at $0.26. Featured image created with DALL.E, chart from TradingView.com

In his latest technical breakdown posted on X, analyst Kevin (@Kev_Capital_TA) highlighted a pivotal threshold on Dogecoin’s daily chart. According to Kevin, reclaiming the $0.28 region on a weekly close—and then showing clear follow-through—could set Dogecoin on a path toward retesting its all-time highs. He notes: “Get back above the .28 cents level on Dogecoin on a weekly close and show follow through and my thought process is we attack the highs not too long after that. I have been allocating into a spot long at .25 cents on DOGE in the Patreon via the Trading Portfolio (separate from long term bag). Ready for either outcome. Let’s send this thing higher.” When Will The Dogecoin Correction End? The chart highlights a well-known metric called the Bitcoin Bull Market Support Band, applied here to Dogecoin, which consists of the 20-week Simple Moving Average (SMA) and the 21-week Exponential Moving Average (EMA). Although this indicator was originally developed for Bitcoin, many analysts extend it to altcoins to determine whether the broader trend is bullish or bearish. In Dogecoin’s current setup, this band hovers in the $0.282–$0.286 range. Price dipped below it last week and now facing a key resistance zone between $0.27 and $0.29. Related Reading: Dogecoin Ready For A $2.43 Rally? Elliott Wave Says Yes Beyond the price levels, Kevin also points to two momentum studies. On the daily Relative Strength Index (RSI), the yellow line has crossed above its accompanying moving average, suggesting that bearish pressure may be easing. The RSI hovers near 38, which is above a notable support region around 27. Notably, the yellow RSI line is now back above its pink moving average (MA) line. According to Kevin, this may be an early sign of a shift in sentiment if follow-through buying continues. Another important technical feature is the MACD (Moving Average Convergence Divergence), which is nearing a bullish crossover. The MACD line is approaching the signal line, and if this crossover is confirmed, it could generate positive momentum for Dogecoin. Kevin marks this as a “Pending Daily Bullish MACD Cross,” which, if validated, would add further credence to the bullish outlook. Related Reading: Dogecoin Holding Strong—Analyst Says $4 Rally Could Be Next In the larger scheme, the chart underscores that a firm weekly close above $0.28 is the key catalyst. This level aligns with the Bull Market Support Band, and if reclaimed decisively, could accelerate Dogecoin’s push toward mid-$0.30s or beyond, provided broader market conditions remain conducive. In another post, Kevin explained: “I have been saying it for weeks now while the rest have said its altseason. We are in a major correctional period. These periods happen in markets in case you never noticed. Crypto is very driven off the macro, especially altcoins. We want to hold these levels on Total Market Cap if we want to feel good about this market otherwise the correction can go deeper. In the mean time Chill out. Still billions in liquidity up to $111K on BTC that will be taken eventually.” At press time, DOGE traded at $0.25. Featured image created with DALL.E, chart from TradingView.com

A new chart shared by BigMike7335 (@Michael_EWpro) via X suggests that Dogecoin could be on the verge of a strong bullish wave targeting $2.43. His analysis relies on Elliott Wave theory, which divides market movements into impulsive drives and corrective phases. According to this view, DOGE’s historic rally from about $0.0020 to its previous peak near $0.68 unfolded in five distinct waves, labeled as Wave 5(A). This run tracked key Fibonacci extension levels, including the 2.618 region around $0.14591 and the 3.618 near $0.68835, confirming a robust impulsive phase. Wave C Could Take Dogecoin To $2.43 Once DOGE reached its high around $0.68, the chart shows a significant multi-month period of consolidation that the analyst interprets as a W–X–Y corrective move, comprising Wave (B). This aligns with Elliott’s concept that once an impulsive five-wave sequence is completed, the market is likely to enter a corrective structure which can form in many shapes, including flats, zigzags, or more complex “double” and “triple” patterns such as the W–X–Y indicated here. Throughout 2022 and well into 2023, Dogecoin’s price stayed in this corrective range, a phase that is also highlighted by the Ichimoku Cloud hovering above and around the price action. Traders often interpret the presence of the Ichimoku Cloud as a sign of sideways or uncertain momentum, which is exactly what a B-wave correction typically represents. Related Reading: Dogecoin Holding Strong—Analyst Says $4 Rally Could Be Next In November 2024, the Dogecoin broke above a descending trend line which capped price since the 2021 all-time high for more than 3.5 years. However, the momentum was lost in the following months. Since December, the chart reveals that Dogecoin has started to compress within a recognizable formation that could be viewed as a triangle or wedge. This shape is often seen in markets as price moves closer to a point of equilibrium before eventually breaking out. The “top TL” (top trendline), which had previously acted as resistance during the decline, is now being watched closely as a potential level for a support/resistance flip. Big Mike noted that DOGE “looks like we are going to retest the top TL for a s/r flip,” implying that a successful hold above this trendline could confirm the end of the (B) wave and the start of the next impulsive phase. Related Reading: Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence In Elliott Wave terminology, if a five-wave impulsive move up is labeled (A) and the subsequent correction is labeled (B), then the next impulsive structure is typically labeled (C). In the shared chart, Big Mike projects that this Wave (C) could propel Dogecoin as high as $2.43, a figure that corresponds with another significant Fibonacci reference around $2.36 to $2.43. Traders and analysts often look to Fibonacci retracements and extensions to gauge potential support and resistance levels, and in Elliott Wave analysis, these ratios can help identify the possible end-points of larger waves. The chart also points to $0.15247 as a key level below current trading prices. If DOGE sees a pullback to this area, it could confirm that the retest of the descending trendline is underway. A bounce off this level might signal that Wave (C) is beginning, whereas a break below it could invalidate or postpone the bullish scenario. At press time, DOGE traded at $0.25. Featured image created with DALL.E, chart from TradingView.com