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Open interest in DOGE-tracked futures climbed to 15.36 billion tokens, a sign that traders are adding fresh leverage as the memecoin’s price surges.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Crypto payments firm MoonPay enabled contributions to dog welfare programs, marking a practical use case for Dogecoin.

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

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

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

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

A crypto market commentator behind the High Altitude Investing YouTube channel says Dogecoin may be setting up for a sharp upside move, pointing to a mix of short-term technical signals and a longer-term chart pattern he argues resembles earlier breakout structures seen in Bitcoin and XRP. In a video from April 17, the analyst framed the meme coin’s current setup as both a near-term trading opportunity and a broader cycle call, arguing that Dogecoin’s correction may be complete and that the asset could ultimately target levels above $2, with a more aggressive long-range scenario reaching $3 to $5. Why Dogecoin Could Soon Go Vertical The short-term case rests on classic technical analysis. On the daily chart, the analyst said Dogecoin has completed a “perfect ABC correction,” with wave A, wave B and wave C now in place. He paired that with what he described as bullish divergence on the MACD, calling the combination “a very strong buy signal for this coin” that “should lead to a nice move in the shorter timeframes in the near future here for Dogecoin.” He also pointed to a breakout on the 45-minute chart, where Dogecoin had been trading inside a triangle pattern before moving higher. “We broke bullish out of this triangle,” he said. “So that’s a super super good signal on the 45-minute timeframe for us to start to climb up here in the shorter timeframe and for us to start to see bullishness in a significant way for Dogecoin.” Related Reading: Dogecoin’s Capital Flow: What 24-Hour Spot Flow Data Reveals About Its Next Move The larger thesis, though, comes from the higher timeframes. Looking at 10-day candles, the analyst argued Dogecoin is now deeply oversold on the MACD, a condition he compared to a previous low that preceded a sizable rally. In his view, the present setup suggests the coin is positioned for a move back into higher resistance zones. From there, the video shifts into a broader fractal argument. The analyst said Dogecoin is tracing “the exact same pattern that Bitcoin followed before Bitcoin pumped and went vertical in 2021,” describing a sequence of an initial surge, a steep correction, a second rally and another pullback before a much larger move. He extended the comparison to XRP as well, arguing the token followed “the exact same fractal” before its 2024 advance. “So not only Dogecoin, but Bitcoin and XRP have all done the same exact pattern before,” he said. “So this is a common pattern in crypto and I am expecting a big bullish move on Dogecoin based on this pattern.” That framework feeds directly into his price targets. Using Fibonacci extensions and comparing Dogecoin’s structure with Bitcoin’s prior cycle, the analyst said Dogecoin “could easily go up towards the 3.618,” which he placed at more than $2 per coin. Related Reading: Dogecoin Just Failed At A Key Level, Now $0.088 Is In Focus He then sketched out a more ambitious path if the trend persists over time. “If it continues to grow over the long term, Dogecoin could even go up to these higher extensions like the 5.618 or the 6.618 here in the bigger picture,” he said. Later in the video, he made the range even more explicit: “Imagine when this thing hits $3, $5, however high it goes in the big picture, it’s going to blow people away.” A key part of his argument is that Dogecoin’s scale and liquidity reduce the odds of it being sidelined during a broader market expansion. He noted that Dogecoin was “number eight in volume over the past 30 days” on CoinMarketCap, and said its trading activity has remained consistently high relative to the rest of the market. The video ultimately makes a macro bet as much as a Dogecoin-specific one. The analyst repeatedly argues that crypto remains in a long-term growth phase and that traders focusing too narrowly on week-to-week headlines may be missing a larger move. Whether Dogecoin follows the path he outlined will depend on that wider market backdrop holding up, but his thesis is clear: if crypto’s next leg higher materializes, he does not expect Dogecoin to be left behind. At press time, DOGE traded at $0.10. Featured image created with DALL.E, chart from TradingView.com

The company Dogecoin Cash plans to develop tokens representing physical gold, following the lead of firms like Tether and Paxos.

Dogecoin is showing signs of history repeating itself as a recent breakout begins to mirror a previous trend that led to a major rally. With structure aligning and momentum slowly building, the current setup is raising expectations that a larger move could be on the horizon. Descending Triangle Breakout Signals Trend Shift Charting Dogecoin on the daily timeframe, analyst Trader Tardigrade revealed that DOGE has successfully broken out of a descending triangle pattern, a structure typically associated with bearish continuation but one that can signal a strong reversal when invalidated. The breakout suggests a potential shift in market sentiment as buyers begin to take control. Related Reading: Dogecoin (DOGE) Reattempts Breakout, Bulls Eye Strong Rally Move The price action tells a clear story through three distinct attempts at the resistance level. During the first attempt, the price was firmly rejected, with the candle body closing below the resistance zone, highlighting a lack of buying pressure to challenge the trend. Furthermore, the second attempt showed early signs of a shift. Although the price was still rejected, the candle managed to close right at the resistance level. This subtle change indicated that buyers were stepping in with more conviction even as sellers continued to defend the zone. By the third attempt, the balance had clearly shifted. Price was no longer rejected, and the entire candle closed above the resistance zone, signaling a decisive breakout. Such a move confirms that resistance has flipped into support, marking a transition from seller control to buyer strength and opening the door for continued bullish momentum. Dogecoin Trades Differently From High-Volatility Small Caps Analyst Ultimae highlighted that the broader altcoin market has been under sustained pressure for quite some time, with many assets caught in a prolonged period of decline and overall stagnation. Market sentiment has remained relatively weak, limiting strong upside momentum across most major cryptocurrencies. Related Reading: Dogecoin Cracks Again: BTC Pair Collapse Signals Imminent Drop To $0.07 Despite this broader slowdown, signs of strength have started to emerge in some areas of the market. Some low market cap coins have recently broken above key downtrend resistance levels, delivering explosive gains of several hundred percent within short timeframes. These moves suggest that capital is beginning to shift back into riskier assets, often serving as an early signal of a potential broader market recovery. However, large-cap assets like Dogecoin, due to their size and liquidity, tend to move more gradually and rarely match the rapid, aggressive rallies seen in smaller-cap tokens. Even so, DOGE has previously demonstrated its ability to produce substantial gains under the right conditions.  In 2024, after nearly a year of sideways consolidation, it broke out of a long-standing downtrend and rallied by approximately 300%. According to Ultimae, a larger structural pattern is now forming, suggesting that Dogecoin may be setting up for another major move if momentum begins to build. Featured image from Peakpx, chart from Tradingview.com

Dogecoin started a decent increase above $0.0950 against the US Dollar. DOGE is now consolidating and might aim for an upside break above $0.10. DOGE price started a fresh increase above $0.0950 and $0.0975. The price is trading above the $0.0965 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.0970 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0950. Dogecoin Price Aims Higher Dogecoin price started a fresh increase after it settled above $0.0950, like Bitcoin and Ethereum. DOGE climbed above the $0.09650 resistance to enter a positive zone. The bulls were able to push the price above $0.0980. A high was formed at $0.0997 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.0945 swing low to the $0.0997 high. Dogecoin price is now trading above the $0.0965 level and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $0.0970 on the hourly chart of the DOGE/USD pair. If there is another increase, immediate resistance on the upside is near the $0.0990 level. The first major resistance for the bulls could be near the $0.0995 level. The next major resistance is near the $0.10 level. A close above the $0.10 resistance might send the price toward $0.1120. Any more gains might send the price toward $0.1150. The next major stop for the bulls might be $0.120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.10 level, it could start a downside correction. Initial support on the downside is near the $0.0970 level and the trend line. The next major support is near the $0.0965 level or the 61.8% Fib retracement level of the upward move from the $0.0945 swing low to the $0.0997 high. The main support sits at $0.0945. If there is a downside break below the $0.0945 support, the price could decline further. In the stated case, the price might slide toward the $0.0905 level or even $0.090 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0970 and $0.0965. Major Resistance Levels – $0.0995 and $0.1000.

Dogecoin’s latest attempt to break higher has turned into a rejection at a technically important level, putting the memecoin back on watch for a retest of lower support. Crypto analyst Ali Martinez, posting to X under the handle @alicharts, said DOGE’s failed move above descending triangle resistance on the 12-hour chart shifts attention back to $0.088. Dogecoin Bulls Lose Momentum After Failed Breakout Martinez framed the move as a false breakout rather than the start of a trend reversal. In his latest post, he wrote: “DOGE had a clear fakeout yesterday as it attempted to break out of a descending triangle on the 12-hour chart. The descending trendline held firm as resistance, immediately rejecting the price. When a breakout fails this sharply, the market usually looks for liquidity at the bottom of the structure.” That reading matters because the setup had already been approaching a decision point. In a video shared two days earlier, Martinez said Dogecoin had been compressing inside the descending triangle for roughly two months, with price action tightening toward the apex. As that happens, the probability of a larger directional move tends to rise, making the surrounding levels more consequential than usual. Related Reading: Dogecoin Above The 1.618 Fib Level Has Triggered ATH Runs, Will It Push It Above $2.8 This Time? His framework was straightforward. A clean break above resistance near $0.095, he said, could open the way for a move toward $0.14. But the opposite side of the range was just as important. “Breaking past resistance at $0.095 could result in a rally to $0.14. However, losing $0.088 as support could result in a move to $0.07,” Martinez said. The failed breakout appears to have invalidated the bullish case, at least for now. Rather than building acceptance above the descending trendline, DOGE was rejected back into the structure, suggesting buyers were unable to absorb supply at the breakout point. In Martinez’s view, that leaves the lower boundary of the triangle as the next likely destination. Related Reading: Forget All Dogecoin Predictions: This Chart Says DOGE Price Can Surge To $2 He described that level in unusually definitive terms. “We are now likely heading for a retest of the triangle’s floor (the X-axis) at $0.088. This is the definitive line in the sand. If it holds, we reset and try again. If it breaks, the bears take control.” That distinction between a reset and a breakdown is the core of the setup. A successful hold at $0.088 would preserve the broader compression pattern and leave open the possibility of another attempt at the upper trendline. A loss of that floor, by contrast, would confirm that the failed breakout was not just a local rejection but a sign of weakening structure, with Martinez pointing to $0.07 as the next downside target. For now, the chart has moved from breakout anticipation to support defense. The earlier bullish trigger at $0.095 remains relevant, but only if DOGE can first stabilize above the base of the triangle. Until then, the market’s focus has narrowed to one price: $0.088. At press time, DOGE traded at $0.09684. Featured image created with DALL.E, chart from TradingView.com

Dogecoin’s price action is still stuck below $0.1, trading in a range so tight. Dogecoin’s price trajectory has spent the better part of April refusing to commit to a direction, and this trend is also reflected in its spot flow activity. The latest data from CoinGlass shows a split between short-term outflows and inflows on higher timeframes.  Dogecoin Buyers Are Showing Up, Just Not Enough The latest Dogecoin spot flow data presents a balanced view of market activity. At first glance, Dogecoin’s spot flow data appears constructive, with inflows exceeding outflows across most timeframes. The 15-minute, 30-minute, 4-hour, 8-hour, 12-hour, and even 24-hour windows all show positive net inflows, suggesting that more capital is now entering into Dogecoin compared to those exiting. Related Reading: 3 Scenarios To Watch Out As Dogecoin Price Plays Out Its Thin Cloud Behavior However, a closer look tells a more cautious story. Despite the broadly positive readings, the actual net inflow values remain relatively small compared to the total volume. For instance, the 24-hour inflow of $96.73 million is only marginally higher than the $91.90 million in outflows, resulting in a net inflow of just $4.83 million. A similar pattern is visible across other timeframes, where inflows are only slightly outpacing outflows. The 8-hour reading shows net inflows of $2.72 million, while the 12-hour window shows net inflows of only $716,000. The imbalance is tilting positive, but there is a lack of strong conviction. Buyers are present, but they are not overwhelming sellers. Instead, it shows that Dogecoin is currently in a tightly contested market where capital is flowing in but not with enough force to establish clear upward momentum, which has kept the Dogecoin price below $0.1. This is the kind of environment where price action is most likely to stay range-bound or compress further in the near future, as neither side is able to assert control. Compression And A Breakout In Waiting? Dogecoin’s price structure on the 12-hour chart is in a compression phase, where its price action is bouncing below a descending trendline of lower highs. A recent attempt to break above this resistance briefly pushed the price higher, but the move quickly failed, resulting in a rejection that sent the Dogecoin back into the body of the triangle. Related Reading: If This Happens, Dogecoin Won’t Stop Until It Crosses $1; Analyst Moves like this often act as a reset, clearing out early buyers and shifting focus back to the lower boundary of the pattern. According to technical analysis done by crypto analyst Ali Martinez, there is a high chance that the Dogecoin price will fall to test the support line at $0.088. If buyers step in and defend $0.088, then Dogecoin could stabilize and make another attempt at breaking the descending trendline. However, a clean breakdown below this support would invalidate the structure, and the bears will most likely take control. Featured image from Getty Images, chart from Tradingview.com

Dogecoin’s price action has a habit of doing the unthinkable just when the crowd has stopped paying attention. The leading meme coin is presently grinding between $0.09 and $0.10, stuck in a tight range that makes it easy to dismiss any bullish outlook. However, one analyst believes the meme coin is still on track to repeat its previous cycles. The 1.618 Fibonacci Level And Dogecoin’s History Of Breakouts Technical analysis from crypto analyst Javon Marks has drawn attention to a Fibonacci-based framework that, when mapped across Dogecoin’s entire price history, reveals an interesting, consistent behavior. According to Marks, Dogecoin’s previous bull cycles share a pattern where each major rally extended beyond the 1.618 Fibonacci level before reaching a new all-time high.  Related Reading: Forget All Dogecoin Predictions: This Chart Says DOGE Price Can Surge To $2 This behavior was visible in both the 2017 and 2021 cycles. The 2024 to 2026 cycle, however, has been different, as Dogecoin has yet to extend to the 1.618 Fibonacci extension level projected from the previous bear market low. The chart accompanying the analysis highlights these repeating structures. In the 2017 cycle, Dogecoin’s rally topped out slightly above the 1.618 extension. In 2021, the move went even further, breaking as high as the 2.272 Fibonacci extension from the 2019 low and reaching its current all-time high of $0.7316. Can Dogecoin Push To The 1.618 Fib Level Again? The premise of this technical outlook is that Dogecoin’s bull cycle is not over until it breaks above the 1.618 Fib extension. If that extension is reached, the projection is a price rally of over 2,600% from current levels to at least $2.80. Related Reading: Here’s Why The Dogecoin Price Could See Big Gains Soon “In every alt season, $DOGE has pushed to and above the 1.618 Fibonacci level,” Marks wrote on X, adding that “with another alt season looking to be on the brink of commencing, the likelihood of this happening again is higher.” Social media mentions of altseason are at their lowest level in at least two years, which is a sign of deep retail apathy before altcoin recoveries. According to on-chain analytics platform Santiment, low mentions of altcoin seasons on social media are historically a buy signal for Dogecoin.  The extent to which Dogecoin can replicate previous performance is largely based on whether a genuine alt season materializes. Speaking of altcoin season, the CMC Altcoin Season Index is currently around 32, just a bit off the Bitcoin season territory, with Bitcoin dominance at 59.2%. That reading alone would seem bearish for Dogecoin. Therefore, in order for Dogecoin to travel from $0.09 to $2.80, the Fibonacci framework would need developments that are capable of calling back demand and momentum to the meme coin. Examples of such catalysts are the Dogecoin Foundation’s plans for Such App, a self-custodial wallet slated for release in the first half of 2026, and a proposed Layer-2 upgrade called the DogeOS ZK-Rollup. Featured image from iStock, chart from Tradingview.com

The US-Iran war continues to affect Bitcoin, Ethereum, and Dogecoin prices, with volatility at high levels. However, risk-on sentiment also appears to be returning, with open interest rising as BTC rises to a new multi-month high.  How The US-Iran War Affects The Bitcoin, Ethereum, and Dogecoin Prices In an X post, crypto analyst Michaël van de Poppe noted that the US-Iran war continues to drive market volatility. He further remarked that there won’t be a path forward where the Bitcoin, Ethereum, and Dogecoin prices will do well if this continues to be the consensus. However, he added that the U.S. economy is “sufficiently weak” and that the Fed has no choice but to start printing money again, which is a positive for these risk assets.  Related Reading: Bitcoin Is Playing Out The Same Cycle Again On A Bigger Scale Bitcoin, Ethereum, and Dogecoin prices have so far held up amid the US-Iran war, with BTC rallying to a multi-month high of $76,000 yesterday. This comes as market participants continue to price in an imminent end to the war despite the fragile two-week ceasefire. US President Donald Trump recently mentioned that another round of peace talks could happen within the next two days, which has also sparked bullish sentiments.  Interestingly, risk-on sentiment has increased amid the US-Iran war, which is also contributing to the rally for Bitcoin, Ethereum, and Dogecoin prices. On-chain analytics platform Santiment noted that BTC and ETH’s rally to their highest levels since the start of February comes with increased optimism, as margin and leveraged positions are being created rapidly.  Santiment revealed that Bitcoin’s open interest has surged 59% over seven weeks, while Ethereum’s has climbed 45% over the same period. The platform noted that this reflects growing trader conviction but also introduces higher risk as crowded leveraged trades can quickly unwind. They added that when open interest climbs alongside prices, markets often become more volatile, with sudden squeezes in either direction more likely.  Analyst Warns That BTC Has Yet To Form A Bottom Crypto analyst Colin has warned that a bear market bottom has unlikely formed despite the rebound in the Bitcoin, Ethereum, and Dogecoin prices amid the US-Iran war. He noted that the $60,000 February bottom for BTC was only four months into a typical 12-month cycle, which is why he believes that the $60,000 price level isn’t the bear market bottom.  Related Reading: Ethereum Is About To Go ‘Parabolic’ – Analyst Signals Golden Triangle Formation The analyst acknowledged that the bear market could be shorter this time around, but not by 2/3 of the normal bear cycle. He also noted that Bitcoin’s drop so far from its October 2025 peak is only 53%, compared to the 77% crashes recorded in prior cycles. In line with this, Colin said, “The $60k bottom is *statistically unlikely* to be the bottom.” Featured image from Pixabay, chart from Tradingview.com

Dogecoin corrected some gains from the $0.0980 zone against the US Dollar. DOGE is now holding the $0.0920 support and remains at risk of more losses. DOGE price started a fresh downside correction below $0.0950. The price is trading above the $0.0920 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.0932 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0920. Dogecoin Price Dips Again Dogecoin price started a downside correction after it failed to surpass $0.0980, like Bitcoin and Ethereum. DOGE declined below the $0.0960 and $0.0950 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0903 swing low to the $0.0980 high. The price even spiked below $0.0930 before the bulls appeared. Dogecoin price is now trading above the $0.0920 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.0932 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.09430 level. The first major resistance for the bulls could be near the $0.0952 level. The next major resistance is near the $0.0965 level. A close above the $0.0965 resistance might send the price toward $0.0980. Any more gains might send the price toward $0.0988. The next major stop for the bulls might be $0.10. More Losses In DOGE? If DOGE’s price fails to climb above the $0.0952 level, it could continue to move down. Initial support on the downside is near the $0.0932 level and the trend line. The next major support is near the $0.09220 level or the 76.4% Fib retracement level of the upward move from the $0.0903 swing low to the $0.0980 high. The main support sits at $0.090. If there is a downside break below the $0.090 support, the price could decline further. In the stated case, the price might slide toward the $0.0880 level. Any more losses might call for a test of $0.0850. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.0920 and $0.0900. Major Resistance Levels – $0.0952 and $0.0965.

Crypto analyst Crypto Patel has predicted that the DOGE price can surge to $2, marking a new all-time high (ATH) for Dogecoin. He also highlighted the best accumulation zones for the leading meme coin even as it looks to reclaim the $0.10 psychological level.  Dogecoin Chart Points To DOGE Price Rally To $2 In an X post, Crypto Patel stated that the Dogecoin 2-week chart shows that the DOGE price could one day hit $2 and that this is all a patience game. His accompanying chart showed that the leading meme coin could hit this price target during the fifth wave of a 5-wave move higher. The chart also showed that DOGE could reach this level by 2027, potentially marking another crypto bull market.  Crypto Patel noted that history doesn’t repeat itself but rhymes, with the same fractal, the same accumulation, and the same disbelief. He added that the best accumulation zone for Dogecoin is between $0.09 and $0.07. The target is a DOGE price rally to $0.5, $1, and $2. Meanwhile, the analyst stated that the stop-loss is the higher-timeframe close below $0.048.  Related Reading: Here’s Why The Dogecoin Price Is Under Threat Of Crashing Again In another X post, the analyst doubled down on his Dogecoin prediction, stating that nothing will be able to stop the DOGE price from rallying to between $1 and $2 when the meme coin season begins. His accompanying chart highlighted $0.28 as the first target for the meme coin as it eyes this rally to $2.  Crypto analyst CW also predicted that the DOGE price could rally to a new all-time high above $1. This came as he noted that a golden cross for the leading meme coin is imminent and that it is located on the lower line of the rising channel, which is the starting point of a rally. His accompanying chart showed that the meme coin could reach as high as $1.7 this year.  Analysis Of The Current Price Action In an X post, crypto analyst Julia noted that the DOGE price on higher timeframes is in a strong oversold condition with convergence, which is a long signal, along with a prolonged support test. She also revealed that on the daily timeframe, it is a classic technical analysis, with a descending triangle, which statistically tends to break to the downside.  Related Reading: If Dogecoin Breaks Through This Sell Wall, Expect A Pump The analyst added that the DOGE price is sitting on support with multiple tests, and that the key breakdown level is around $0.09. She noted that there is a solid chance of a move lower and that it will be very interesting to see how this Dogecoin price action develops. However, despite the short signal on the daily, she revealed she is taking a long bias in the long term.  At the time of writing, the Dogecoin price is trading at around $0.093, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com