Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level that indicates that the Dogecoin price top is above $10. The analyst also highlighted the meme coin’s performance during past bull cycles to explain why it could rally to double digits. Dogecoin Price Eyes Rally Above $10 Based on These Fibonacci Extensions In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10, which would mark the top for the foremost meme coin. This came as he noted that the monthly DOGE chart highlights where major cycle peaks have historically formed using Fibonacci extensions and that this pattern is “remarkably consistent.” Related Reading: Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming The crypto analyst mentioned that in the first cycle, the Dogecoin price topped exactly at the 4.236 Fibonacci level. In the second cycle, DOGE is said to have peaked again at the 4.236 Fibonacci level. DOGECAPITAL remarked that this pattern isn’t random but rather a structural behavior. He then stated that if this pattern continues into the next cycle, the data strongly suggests that the Dogecoin price’s upcoming cycle top could again align with the 4.236 Fibonacci level, which currently sits at $33.25. DOGECAPITAL added history doesn’t repeat perfectly, but it often rhymes. In this case, DOGE has followed its long-term Fibonacci structure with “near-perfect accuracy,” which is why he is confident that the meme coin could reach this price target. Meanwhile, it is worth mentioning that DOGECAPITAL’s accompanying chart showed that the Dogecoin price could reach this $33.25 target between now and 2028. Interestingly, the chart showed that DOGE could rally to as high as $100 if it reaches the upper boundary of the ascending channel. A rally to these targets would mark new all-time highs (ATHs) for the meme coin, whose current ATH is $0.74. Market Cap Doesn’t Matter For DOGE A potential Dogecoin price rally to $33.25 would give the meme coin a market cap of around $5.6 trillion. However, DOGECAPITAL stated that market cap has never dictated how DOGE moves. He said that if it did, half the insane runs in crypto wouldn’t exist. The analyst noted that Shiba Inu exploded to a massive valuation in 2021 with no “realistic” justification, yet the market still sent it to such highs. Related Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts Rally To $0.8 DOGECAPITAL stated that his focus is on the long-term Fibonacci structure and that the Dogecoin price has topped at the 4.236 Fib level in two separate cycles. He added that this is the entire point of the chart and that it is not tied to any quarter, fundamentals, or market cap logic. The analyst also claimed that short-term volatility doesn’t erase a decade-long pattern and that if the Fib structure breaks, he will adjust accordingly. At the time of writing, the Dogecoin price is trading at around $0.14, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Dogecoin’s price action has a habit of compressing quietly before going on a massive rally, and the late-2024 rally is one of the clearest examples of that behavior. After spending weeks grinding sideways around $0.10, the meme coin transitioned into a parabolic phase that carried the price to about $0.45 in a matter of two to three months. Now, how high would the Dogecoin price go if it were to repeat that same parabolic structure? How Dogecoin’s Late-2024 Parabolic Run Played Out The 2024 rally began from a base that had formed just above $0.10, right where Dogecoin spent a long time absorbing sell pressure. Once buyers regained control, Dogecoin cleared intermediate resistance around $0.15 and $0.20 with minimal pullbacks, then entered a vertical phase that pushed it through $0.30 and to $0.45. Related Reading: Dogecoin 50% Crash: Q4 Set To End In Red As All Supports Fail The key takeaway from that period is not just the magnitude of the move, but its speed, as Dogecoin delivered a roughly 4.5x increase in a very short time window of less than four weeks. That move unfolded rapidly, with little warning, and was characterized by expanding volume, strong bullish candles on the 4-hour candlestick timeframe, and momentum indicators pressing into overheated territory. As shown in the chart below, this period was characterized by high RSI readings that pushed into the 70 to 80 range. Applying The Same Parabolic Structure Parabolic rallies often catch many investors off guard. Particularly, one of the defining features of Dogecoin’s strongest rallies is that they rarely announce themselves clearly. Since Dogecoin has performed like that before, then it is not out of proportion to expect similar performance, especially considering that it is now back to trading close to the lows that it rebounded from in late 2024. Related Reading: Can Dogecoin Price Reach $1 In 2026? Analysts Reveal What To Expect If Dogecoin were to produce a similar percentage expansion from a higher base, the arithmetic would also be straightforward. Using $0.15 as a reference level, a move equivalent to the late-2024 rally would project the price to around $0.60 to $0.67. That scenario assumes the same kind of rally seen previously, where the consolidation finally gives way to a parabolic rally, not a gradual grind higher. In practical terms, a trader holding 1,000 DOGE at $0.15 would have a position valued near $150 at entry, while a move to anywhere between $0.60 and $0.67 would lift that same holding into the $600 to $675 range. These figures do not come with any suggested timeline. Instead, they serve to show how Dogecoin’s past parabolic moves would translate if the same price behavior were applied to current levels. Even under that framework, the projected move is below Dogecoin’s existing all-time high of $0.76. At the same time, separate outlooks are already pointing to a push beyond that peak, with one notable prediction expecting a move to $0.80 very soon. Featured image from Getty Images, chart from Tradingview.com
Dogecoin (DOGE) is rebounding strongly alongside the broader meme coin market, which has experienced a notable uptick in Q1 2026. As sentiment surrounding meme coins continues to improve, a crypto analyst suggests that Dogecoin could be positioning for more gains. The analyst notes that Dogecoin’s rapid accumulation signals the potential for a sharp upward sweep in the near term. Dogecoin Accumulation Signals Upward Sweep Crypto market expert Bitguru recently shared a fresh technical outlook on Dogecoin, highlighting how its price structure has consistently changed after months of corrective movement. According to him, a completed liquidity sweep followed by an extended consolidation phase suggests that the market has reset and may be setting up for a bullish continuation. Related Reading: Catalysts That Suggests The Dogecoin Price Rally Could Continue Bitguru explained that Dogecoin’s chart shows price stability after clearing sell-side liquidity between November and December 2025, which pushed out weak holders and created a base for accumulation. The consolidation that continued into 2026 shows lower volatility and steady base building, two conditions the analyst believes are needed before Dogecoin’s next major price move. The chart also illustrates bullish patterns, such as a rounded H cup formation and a continuation phase in the middle of 2025, which helped establish higher price levels before the broader market pullback. Bitguru added that Dogecoin’s recent move back above the key support near $0.14 suggests accumulation is likely completed, as price now starts to tighten and move upward from its base level. He noted that as long as Dogecoin stays above this reclaimed support, the chances of an upward sweep toward higher supply zones increase. The chart also points to potential gains reaching the highlighted green target area between $0.188 and $0.194, which lines up with past resistance levels that have previously limited price movement during the decline. Area That Could Invalidate Upward Sweep Bitguru’s chart also shows the possibility of a price decline despite the rapid increase in accumulation. The red zone on the chart represents a stop-loss or risk area. If Dogecoin falls below the support area around $0.148, it could initiate a drop toward new lows within this risk zone. Related Reading: The Dogecoin Cycle Fractal That Shows Where The Price Is Headed Next If the meme coin’s price dips below the consolidation zone between $0.146 and $0.148, then the analyst’s bullish setup and potential upward sweep could be invalidated. The chart projects a potential decline to the $0.13-$0.11 range, reflecting a decrease of more than 9% from current levels. At the time of writing, the Dogecoin price is trading at $0.143, up more than 18% this week, according to CoinMarketCap data. Although the meme coin is showing clear signs of a recovery from former downtrends, its trading volume is still down by more than 30%. Moreover, DOGE’s price has been unexpectedly volatile recently, dropping by 5% over the past 24 hours. Featured image from Pngtree, chart from Tradingview.com
Several catalysts have emerged that point to a sustained upward momentum for the Dogecoin price. This comes amid DOGE’s 26% gain to begin the year, with the meme coin now looking to break above the $0.15 resistance. Factors That Could Contribute To A Sustained Dogecoin Price Rally One factor pointing to a sustained Dogecoin price rally is the recent inflows into DOGE ETFs. SoSoValue data show that Bitwise and Grayscale’s funds have recorded net inflows on two of the three trading days this year. Notably, the Dogecoin ETFs recorded inflows of $2.30 million and $1.60 million on January 2 and 5, respectively. This marked the first consecutive daily net inflows since December 3 last year. Related Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts Rally To $0.8 The daily net inflows into the DOGE ETFs indicate a renewed interest among institutional investors in the meme coin, which is a positive for the Dogecoin price. DOGE could see a sustained rally if the inflows into these funds continue. Notably, Bloomberg analyst Eric Balchunas noted that a 2x Dogecoin ETF has had the best start to the year among all ETFs, up almost 40%. Furthermore, activity in the derivatives market also supports a sustained rally for the Dogecoin price. CoinGlass data shows that traders on top exchanges such as Binance and OKX are currently long. The long/short ratio on Binance is 2.06, well above 1. The long/short ratio for top traders on Binance is at 2.5, which is also a huge positive. Further data from CoinGlass also shows that the derivatives trading volume has surged over 2% to $5.60 billion. However, open interest has dropped by almost 7% to $1.78 billion, likely due to the market volatility as long positions were wiped out. DOGE Eyes Break Above $0.15 Crypto analyst ZiP stated in an X post that on the daily chart, the Dogecoin price is currently reacting to a local resistance at around $0.15. He further remarked that if the $0.15 resistance breaks, the next zone that the DOGE price may aim for is around $0.24. The analyst noted that this is where the first significant Fibonacci level, measured from the entire bearish move, is located. Meanwhile, ZiP mentioned that an additional reference point is the daily pivot at $0.1288, which he noted in the short term defines the market’s equilibrium level. Crypto analyst Trader Tarigrade revealed that the Dogecoin price has broken out of a falling wedge, showing strong upward momentum. Based on this, he predicted that DOGE is ready for a major surge, although he warned that the meme coin might retrace briefly. Related Reading: Dogecoin Price Could Rally To All-Time Highs If It Breaks This Resistance Level At the time of writing, the Dogecoin price is trading at around $0.148, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Dogecoin (DOGE) has extended its rally into early 2026, showing signs of sustained momentum as the memecoin space experiences renewed interest. Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13% After a nearly 30% rise over four days, DOGE is consolidating above key technical levels, supported by rising trading volumes, derivatives data, and the growing popularity of leveraged Dogecoin ETFs. DOGE's price trends to the upside on the daily chart. Source: DOGEUSD on Tradingview Technical Momentum Supports Dogecoin Consolidation Dogecoin’s recent surge began after establishing a base around $0.132, breaking through resistance zones at $0.145 and $0.150. The rally peaked near $0.154 before entering a consolidation phase, a typical pattern in trending markets that suggests a healthy price structure rather than a sharp reversal. Currently trading near $0.151, DOGE remains above short-term moving averages, with immediate support levels at $0.150 and $0.145. Technical indicators, like the RSI, are above 50, signaling ongoing bullish momentum. However, some oscillators near overbought territory suggest that minor pullbacks could occur. On the upside, breaking through the $0.154 to $0.155 resistance range could pave the way for targets between $0.162 and $0.166, with potential extensions toward $0.175 and $0.180. Conversely, a drop below $0.142 may open the door to lower support levels near $0.135. DOGE ETF Activity and Whale Accumulation Fuel Rally The derivatives market reflects growing confidence in DOGE. Open interest in Dogecoin futures recently peaked at 13.47 billion contracts before a slight controlled decline, indicating leveraged positions are being managed cautiously rather than rapidly unwound. Adding to the momentum, a 2x leveraged Dogecoin ETF has become one of the top-performing ETFs in the first quarter of 2026, highlighting renewed institutional and retail interest. These ETFs amplify buying pressure by requiring fund managers to adjust their holdings to maintain leverage, effectively creating a feedback loop that can boost DOGE’s price during upswings. Large holders, or whales, have been active, purchasing hundreds of millions of DOGE tokens within a short span. This accumulation suggests confidence in further upside and can create a supply squeeze that reinforces price gains. Memecoin Revival Reflects Broader Market Trends Dogecoin’s rally is part of a larger revival in the memecoin sector. The overall market capitalization of memecoins has increased by more than 30% recently, reaching nearly $48 billion after months of underperformance. Historically, periods of low memecoin dominance often precede significant rallies, and DOGE, as the original and most liquid memecoin, frequently leads these cycles. Related Reading: John Bollinger: Bitcoin BB Squeeze Breakout Targets $107,000 The broader crypto market’s relative stability, particularly in Bitcoin and Ethereum, supports speculative flows into high-beta assets like DOGE. Additionally, social media engagement and mentions from influential figures can provide further catalysts, although these factors remain unpredictable. Cover image from ChatGPT, DOGEUSD chart from Tradingview
Crypto analyst Charting Guy has predicted that the worst may be over for Dogecoin, with a potential rally to $0.8 on the cards. This comes as meme coins like DOGE dominate the crypto market at the start of this new year. Dogecoin Eyes Rally To $0.8 As The Worst May Be Over In an X post, Charting Guy shared a chart showing that Dogecoin could rally to as high as $0.8, marking a new all-time high for the foremost meme coin. Based on this, he remarked that the worst may be over if the meme coin was following a chart pattern he had mapped out earlier. The analyst had earlier raised the possibility of DOGE entering a long-term consolidation, similar to XRP, and then breaking out, with a rally to as high as $1. Related Reading: Dogecoin Price On The Brink Of A 9,000% Rally To $10? What Historical Performance Shows Charting Guy’s accompanying chart showed that Dogecoin could trade sideways until mid-2028 and then break out to this $0.8 target, with the possibility of even reaching the psychological $1 level. With the worst being over, the drop to $0.11 last month could mark the bottom for the meme coin, especially seeing as it has regained its bull market structure. Dogecoin has begun the year with a rally of almost of 30% as meme coins lead the current crypto market rally. Thanks to this, DOGE is the top gainer among the top 10 cryptos by market cap. The rally has also reignited institutional interest in the meme coin, with the DOGE ETFs recording significant inflows. SoSoValue data show that these funds recorded net inflows of $2.30 million on December 2 and $1.60 million yesterday, marking the first time they have seen consecutive inflows since December 3, 2025. How Things Could Play Out For DOGE In The Short Term In another X post, Charting Guy shared a chart highlighting his lower-timeframe speculation for Dogecoin. The chart showed that DOGE could sustain this rally and reach $0.2 at the start of February. Once that happens, the meme coin could experience a sharp pullback, dropping to as low as $0.12 in March, which could mark the bottom. Dogecoin will then see another impulsive move to the upside, breaking above $0.2 this time around and potentially reaching $0.22. Related Reading: Dogecoin Price Could Rally To All-Time Highs If It Breaks This Resistance Level Crypto analyst Javon Marks provided a more bullish outlook for Dogecoin, stating that the next seemingly modest targets are $0.6533 and $1.25111. However, he added that altcoin seasons have shown that DOGE can have upside potential beyond the imagination of many people, and his accompanying chart indicated that a rally to $11 was possible. At the time of writing, the Dogecoin price is trading at around $0.15, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
Dogecoin has spent a large part of the current cycle moving sideways, leaving its long-term chart largely defined by a downtrend. However, a technical study of Dogecoin’s previous market cycles, where similar stretches of compression preceded outsized price expansions, points to instances where Dogecoin can rally to price targets anywhere between $10 and $20 in the current cycle. How Dogecoin Performed During Previous Alt-Seasons A recent technical analysis shared by crypto analyst Javon Marks on the social media platform X looks at direct comparisons between Dogecoin’s current structure and the setups that led to its most dramatic rallies in the past. Related Reading: Dogecoin Long-Term Bullish Structure Still In Play And Will Cross $10 Looking back at previous market cycles, Dogecoin went through some of the biggest magnitudes of rallies, even within the volatile world of cryptocurrencies. During its first major alt-season run, Dogecoin surged by more than 9,000% from its base to reach a new peak of $0.015 in early 2018. Back then, this rally caught many doubters off guard, considering the fact that Dogecoin had no inherent value at the time and was the first mover in a niche of meme coins. What followed in the next cycle was even more extreme, with the second major expansion delivering gains of about 28,000% in 2021. This rally was enough to establish Dogecoin’s reputation as the king of meme coins, and the all-time high of $0.73 it reached back then is yet to be broken. The chart that followed Marks’ analysis shows that each rally began after prolonged periods where Dogecoin appeared largely stagnant and was trading sideways. What A 9,000% Or 20,000% Move Means For DOGE Applying those percentage gains to Dogecoin’s current price range produces eye-catching figures that propose a break above the anticipated $1 level and even above double digits. Related Reading: Dogecoin Price Could Rally To All-Time Highs If It Breaks This Resistance Level A move similar to the first major alt-season rally, roughly 9,000%, would place Dogecoin around the $10 price level. A repeat of the second cycle’s performance would push the price far higher. to as high as $20. These are ultra-bullish targets that seem unrealistic based on Dogecoin’s current price levels. However, the analyst also highlighted near-term reference zones that sit well below the most extreme projections but still reflect meaningful upside. Price levels around $0.6533 and $1.25111 were identified as more realistic milestones within a bullish scenario. Interestingly, these are also very bullish, as they represent increases of 340% and 740%, respectively, from Dogecoin’s price range around $0.15. Not everyone reading the chart arrives at the same conclusion, and that difference in interpretation was evident in comments under Marks’ post. Another Dogecoin analyst, KrissPax, responded by saying there’s a difference between a full alt-season and what he described as a relief rally. According to KrissPax, nothing in the current chart suggests a $20 Dogecoin this year. However, Marks explained that the idea is not that Dogecoin will certainly reach $10 or $20 this year, but to show what types of gains to expect if another alt-season unfolds, which is looking more and more likely. Featured image from Pngtree, chart from Tradingview.com
Crypto analyst BALO has predicted that the Dogecoin price could still rally to new all-time highs (ATHs) despite its decline last year. He revealed what level DOGE needs to reclaim to trigger this massive breakout that could lead to new highs. Dogecoin Price Eyes Rally To ATH With Reclaim Of This Level In an X post, BALO stated that a reclaim of $0.13 could trigger a massive breakout for the Dogecoin price and could lead to a new all-time high (ATH) for the top meme coin. His statement came just before DOGE reclaimed this level, rallying double digits in the last 24 hours. Related Reading: Dogecoin Long-Term Bullish Structure Still In Play And Will Cross $10 The Dogecoin price rallied alongside other meme coins, with PEPE leading the way with a daily gain of as much as 35%. With DOGE now back above $0.13, a new all-time high could be on the cards, as BALO predicted. His accompanying chart showed that the meme coin could reach a yearly high of around $0.44 this year, then rally to a new ATH of $0.74 in 2027. Crypto analyst Neo offered a more bullish outlook for the Dogecoin price, suggesting it could rally to as high as $35. In an X post, the analyst highlighted an ascending trendline for DOGE, with the middle of the trendline placing the meme coin at $4, and the target at the top of the trendline at $35. Neo alluded to DOGE’s historical performance, noting that in 2021, the Dogecoin price surged from the lower limit to the upper limit in one go. The analyst further remarked that there is the potential for that to happen again this time. His accompanying suggested that this parabolic rally could happen before this year ends. Why A Rally To $0.75 Is Possible Crypto analyst Bitcoinsensus raised the possibility of a Dogecoin price rally to $0.75 and explained why DOGE could rally 450% to this resistance level. The analyst noted that each previous accumulation phase has led to a strong upswing in price. As such, Bitcoinsensus said that this might indicate what could happen next for the meme coin, with a potential rally to a new ATH. Related Reading: 7-Period Fractal Trend Says Dogecoin Price Is Headed To $10 Meanwhile, crypto analyst Kevin Capital indicated that the Dogecoin price may be reentering a bullish trend after climbing back above the $0.138 level. He further remarked that the next thing needed is a weekly close above this level, and then DOGE could be “back in business.” The analyst had previously stated a reclaim of this level would be a huge positive, with his accompanying chart suggesting that this could put a potential rally to $0.4 on the cards. At the time of writing, the Dogecoin price is trading at around $0.14, up over 11% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Dogecoin (DOGE) is back in focus as long-term chart structures continue to signal sustained bullish potential. While recent monthly price action has remained muted, a crypto analyst maintains that the meme coin’s broader technical trend has not been compromised. The analyst has projected that DOGE could eventually rally toward a long-term move beyond the $10 level. Dogecoin Bullish Structure Points Toward $10 On December 31, crypto market expert Olivier D Maximus posted on X that Dogecoin remains structurally bullish and could eventually cross $10. He noted that although price action has been slow and unimpressive, DOGE’s bullish framework continues to favor higher valuations in the long term. Related Reading: 7-Period Fractal Trend Says Dogecoin Price Is Headed To $10 He shared a new detailed chart analysis, indicating that DOGE’s monthly close generated little short-term excitement. However, he emphasized that the broader bullish framework remains intact, with attention now turning to what January may bring as the next decisive phase. Maximus pointed out that long-term structures often move quietly before big gains, and Dogecoin appears to be following this pattern. He stressed that patience is required when analyzing higher time frames, as monthly charts tend to capture macro trends rather than immediate volatility. In his view, the current consolidation does not invalidate Dogecoin’s upside thesis. The analyst’s chart showed Dogecoin trading within a clearly defined Ascending Channel that has held for several years. The meme coin’s price remains above the long-term rising support zone, reflecting higher lows over time. Additionally, multiple diagonal trend lines show that DOGE’s price has repeatedly corrected toward mid-channel support before resuming upward movement. These pullbacks appear controlled, reinforcing the possibility of a healthy long-term uptrend. Maximus has also spotlighted several ATH levels he expects Dogecoin to reach over time. The ascending channel seen on the chart points toward potential targets above $12, extending as high as $25. Moreover, the analyst has suggested that if Dogecoin maintains its structural integrity, future trends could push the meme coin into double-digit territory, making a surge from under $1 to $10 technically plausible. DOGE Enters Make Or Break Zone In 2026 In a separate X post, crypto analyst Trader Tardigrade revealed that the Dogecoin price is currently trading within a Descending Triangle, with the price sitting at the tip of the pattern around $0.122. This level has been highlighted as a potential make-or-break point where a pullback or surge could determine Dogecoin’s next big move. Related Reading: What The Rise In Open Interest Means For The Dogecoin Price If price breaks above the upper boundary of the Descending Triangle, Trader Tardigrade predicts that Dogecoin could experience a breakout to the upside. He has set a target of around $0.132, representing a surge of approximately 8.2% from the current price level. On the other hand, if DOGE breaks below the lower boundary of the triangle, the meme coin could tumble further toward $0.116, representing a roughly 4.9% crash. Featured image from Getty Images, chart from Tradingview.com
As 2025 comes to an end, many traders and analysts are looking at how the Dogecoin price can perform in 2026. The year began with optimism, but momentum has faded over time, leaving the meme coin under pressure as it heads into the new year. The question now is whether 2026 could be the year Dogecoin finally sees momentum strong enough to push its price action to the anticipated $1 level, or whether that price target will still be out of reach. Dogecoin Stuck In A Tight Range, Bold Bullish Targets Emerge What stands out in recent Dogecoin discussions is the contrast between short-term caution and long-term optimism. Several analysts are watching the meme coin from very different angles, combining near-term technical conditions with historical precedent and cycle behavior. Their outlooks paint a wide range of possible outcomes, from continued consolidation to scenarios of dramatic rallies. Related Reading: What Happens If The Bitcoin Price Closes 2025 In The Red? Analyst Answers For instance, Crypto analyst Surya, who has been tracking Dogecoin’s lower-timeframe structure as the year winds down, noted that its price is currently compressed inside a falling wedge formation. Dogecoin has repeatedly failed to reclaim the $0.127 to $0.130 zone, which he views as the key area separating simple consolidation from a genuine trend shift. As long as the price stays below that range, then Dogecoin has yet to confirm a directional move. The lower boundary of the structure sits closer to the mid-$0.11 region, which has acted as short-term support during recent pullbacks. Surya’s chart shows momentum indicators diverging positively while price is pushing upwards to the wedge apex. Dogecoin Price Chart. Source: @suryapro on X From his perspective, acceptance above $0.13 would shift the structure decisively bullish and open the door to higher levels, where he projected a move above $0.165 in the first few days of 2026. However, continued rejection would keep Dogecoin trapped between support and resistance into early 2026. On the more extreme end of expectations, Ahmet Nizam outlined a scenario that leans heavily on Dogecoin’s history of strong momentum rallies. His projection suggests that if market conditions turn strongly bullish, Dogecoin could repeat the behavior seen in early 2021, when the price surged more than 34,900% in the first half of the year. His chart projection maps out a move starting from the $0.12 region into multi-dollar territory, with an extended target reaching as high as $57. Dogecoin Price Chart. Source: @NizamiAhmet1 on X Another outlook focuses on a developing double bottom visible on Dogecoin’s higher-timeframe chart, as highlighted by Trader Tardigrade. Dogecoin appears to be forming a base around $0.10 to $0.12. This recent low looks much like earlier cycle bottoms in 2023 and 2024, where Dogecoin formed rounded structures before a strong rally. In terms of a playout, Trader Tardigrade’s projection envisions a gradual transition from accumulation into a launch phase that will eventually culminate into a breakout above $1 in 2026. Related Reading: XRP Becomes Most Bought Digital Asset, Bitcoin And Ethereum Bleed $500 Million Dogecoin Price Chart. Source: @TATrader_Alan on X What The Outlook Means For Dogecoin In 2026 Taken together, these perspectives show the sentiment surrounding Dogecoin’s outlook as it heads into a new year. Short-term charts show a cryptocurrency still searching for direction, while longer-term projections range from measured recoveries to at least $1 in 2026. Dogecoin is currently trading around $0.123. Reaching $1 in 2026 would demand an increase of about 710% from current levels, but history shows that Dogecoin has delivered such unexpected outcomes before. Featured image created with Dall.E, chart from Tradingview.com
Every recent Dogecoin recovery attempt has met overhead pressure, and this has kept the price action capped below $0.15. A look at the price chart shows the recent price action is part of a broader downtrend that has been playing out for the past three months, and the meme coin is about to end the year in red. However, a longer-term technical analysis suggests that the calm phase could be part of a much larger setup. According to the analysis, Dogecoin may be following a recurring fractal rhythm tied to the number seven. This repeating timing structure points to a much larger upside target for the meme coin over the coming years, stretching as high as $10. A Recurring Seven Rhythm Across Markets The foundation of the technical analysis is based on the idea that different assets tend to pivot in repeating time-based fractals of seven. This phenomenon has been observed in markets ranging from gold to the S&P 500, where important tops and bottoms often align around similar intervals of seven. Bitcoin’s historical behavior is highlighted as a key reference point, particularly the 2021 double top, which formed seven months apart and is an important transition in its cycle. Related Reading: The Dogecoin Cycle Fractal That Shows Where The Price Is Headed Next This same rhythm becomes apparent when mapped onto Dogecoin. Particularly, Dogecoin topped roughly seven months before Bitcoin during the last cycle, then lagged Bitcoin by another seven months during subsequent phases. Even Dogecoin’s rise from the start of its macro Elliott Wave 1 is framed within this same seven-month timing structure, showing that its major turning points have been surprisingly consistent. The chart shared alongside the analysis shows a sequence of price expansions and consolidations that unfold in roughly seven-month blocks since July 2023, each characterized by either uptrends or downtrends. Now that the traditional four-year crypto cycle shows signs of losing its influence, the analyst proposed that a transition may be happening toward a longer, seven-year rhythm from macro bottom to macro top. Under this lens, Dogecoin’s current position is more like a mid-cycle consolidation. How The Fractal Points To A $10 Target Using the same fractal spacing projected forward, the analysis extends Dogecoin’s long-term trajectory into the next major cycle window. The green projection box on the chart illustrates a future expansion phase that mirrors earlier rallies but on a larger scale, consistent with the idea of a bigger seven-year cycle. If Dogecoin continues to respect the same timing and channel structure, the projected upside region converges between the $7 to $10 zone over the next few years. Related Reading: Dogecoin’s 53,000% Surge Shows Renewed Interest, But Why Is DOGE Price Lagging? The first move in this case would be a return to bullish momentum over the coming months, and then a reclaim above the resistance trendline just below $0.4. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst Cryptollica has pointed to a Dogecoin cycle fractal, which shows where the DOGE price may be headed next. This came as the analyst provided a bullish outlook for the top meme coin and indicated that this was a good time for investors to buy DOGE. Dogecoin Cycle Fractal Shows DOGE’s Bull Run Is Imminent In an X post, Cryptollica indicated that Dogecoin was at the point before it begins its bull run, with the accompanying chart showing that the meme coin could still rally above $1. The analyst noted that the cycle fractal has repeated itself at the macro level, with their chart highlighting four distinct structural points. Related Reading: Dogecoin’s 53,000% Surge Shows Renewed Interest, But Why Is DOGE Price Lagging? Cryptollica revealed that Dogecoin is currently at Point 4 and that the structure is rhyming perfectly with the pre-bull run accumulation phases of the past. The analyst then broke down the patterns observed in this cycle fractal. The first is the ‘Rounding Bottoms,’ with Zones 1 and 2 being the “boredom phases” in which volatility died and smart money accumulated. Zone 2 is said to be the launchpad for the massive 2021 parabolic run for Dogecoin. Meanwhile, Zone 4 is the current price action, with Cryptollica noting that the same rounding-bottom formation is playing out. The analyst added that the DOGE price is stabilizing and forming a heavy base just like it did before the previous explosions. Cryptollica then highlighted Dogecoin’s Relative Strength Index (RSI), noting that the 32 level acts as a historical floor. The analyst explained that the DOGE price has formed a macro bottom every single time the weekly RSI touched or hovered near this baseline. The RSI is said to have reset back to this critical support level, indicating that sellers are exhausted and the momentum is primed to flip. DOGE Is In The “Golden Pocket” For Accumulation Cryptollica stated that the cycle fractal isn’t just random noise but a cyclical reset, as the chart suggests that Dogecoin is in the Golden Pocket for accumulation. The analyst further remarked that if the fractal plays out as it did in 2020, in Zone 2, then the current DOGE price action is simply the calm before the storm. Related Reading: Dogecoin Reclaiming $0.128 Support Could Signal The Perfect Chance For Long Positions Cryptollica again highlighted the technical structure, noting that a bullish rounding bottom was forming for Dogecoin while the RSI was at a historical oversold support level, which is a buy zone. The analyst declared that the spring is loading and that patience is required, but that the setup points to a major impulsive move that is on the horizon. In line with this, Cryptollica urged investors to “buy Dogecoin.” At the time of writing, the Dogecoin price is trading at around $0.127, down almost 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
The Dogecoin price is currently trading within a tight range as analysts evaluate its next potential move. Recent technical analysis has focused on specific price levels that could influence future movement. They suggest that a shift in broader crypto momentum, combined with a crucial Fibonacci level reclaim, may set the stage for a renewed, explosive upside for DOGE. Dogecoin Price Faces Key Test At $0.138 Dogecoin has been trending downwards for months now, as it faces pressure from ongoing volatility and an overall market slowdown. Although DOGE’s price remains below $0.13 after declining consistently over the past few months, crypto market analyst Kevin has outlined conditions under which the meme coin’s price could recover and see a strong upside soon. Related Reading: Analyst Reveals Bitcoin Make Or Break Level Amid Campaign For $90,000 In an X post on Tuesday, Kevin pointed to the $0.138 level as a critical area that must be reclaimed on a strong higher time frame three-day to one week closes. According to his view, such a move would mark a meaningful shift in Dogecoin’s momentum and signal renewed strength after an extended period of consolidation. He also disclosed that a recovery would open the door to a potentially massive price rally for the meme coin. The analyst explained that reclaiming the $0.138 level would place Dogecoin back above a key macro Fibonacci retracement around 0.382. This Fibonacci level has acted as an important dividing line between bearish and bullish market phases in the past. As a result, a move above it could suggest that long-term buyers are regaining control. Kevin also emphasized the significance of the 200-week Simple Moving Average (SMA) on the chart, noting that it often serves as a key support or resistance level during significant trend changes. A decisive move above this key level would validate the analyst’s bullish perspective, signaling that Dogecoin could be nearing the end of its correction and preparing to transition into a stronger market phase. Notably, once this structural change occurs, Kevin’s chart points to the next major liquidity and resistance zone, which sits around $0.46. Dogecoin Price Rally Tied To Bitcoin’s Momentum In his accompanying chart, Kevin shows that Dogecoin is currently trading sideways within what appears to be a DCA zone. This range reflects extended consolidation where price has failed to make a decisive move in either direction. Related Reading: Analyst Shares ‘Cold, Hard Truth’ For Bitcoin Investors As Price Struggles The chart setup suggests that any meaningful breakout in Dogecoin’s price would likely coincide with renewed strength in Bitcoin. Kevin notes that Bitcoin reclaiming the $88,000 to $91,000 region could support bullish momentum across the crypto market and influence a potential price rally for Dogecoin. A move toward this range would require the leading cryptocurrency to rally by approximately 2-6% from its present price level. Without that confirmation, the analyst believes that DOGE may continue consolidating within its current narrow range. Featured image created with Dall.E, chart from Tradingview.com
Dogecoin may look quiet and unexciting right now, but history suggests that could be the point. Similar fractal setups in the past have shown that prolonged accumulation phases often precede explosive moves, rewarding patience rather than impulse. If the pattern holds, DOGE’s current calm could simply be the setup before the next major chase begins. A Familiar Fractal Emerges At A Critical Inflection Point According to a latest Dogecoin update by Cryptollica, the broader macro structure is beginning to mirror a familiar historical four-point fractal structure, with price action now sitting at Point 4. This phase closely resembles past pre-bull-run accumulation periods, where extended consolidation laid the groundwork for explosive upside moves. Related Reading: Dogecoin Holds The Floor, But Momentum Says Otherwise — A Critical Standoff Unfolds The first key element of the setup is the rounded bottom formation. Zones 1 and 2 represented long stretches of low volatility and market boredom, and where accumulation took place quietly. Notably, Zone 2 acted as the launchpad for Dogecoin’s powerful 2021 rally. In the current Zone 4, price behavior is once again stabilizing into a rounded base, suggesting a similar accumulation process is underway. Furthermore, the weekly RSI shows a recurring support zone around the 32 level, marked by a red baseline on the chart. Historically, each time RSI dropped to or hovered near the baseline of Points 1, 2, and 3, it marked a macro bottom. At present, RSI has returned to this same critical support area. This reset implies that selling pressure is fading while momentum conditions are aligning for a potential shift back in favor of buyers. Taken together, this setup points to a cyclical reset rather than random market noise. With a bullish rounding bottom in place and RSI sitting at a historical buy zone, the structure suggests Dogecoin may be entering a prime accumulation phase. If the fractal unfolds as it did in past cycles, the current calm could precede a strong impulsive move. $0.138: The Line That Separates Recovery From Stagnation In a more recent update, crypto analyst Kevin explained that a successful reclaim of the $0.138 level on the 3-day to weekly timeframes would mark a major shift for Dogecoin. Such a move would place price back above the macro 0.382 Fibonacci level as well as the 200-week simple moving average. Related Reading: Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds This development would be a strong bullish signal, but it is unlikely to happen in isolation. The setup would most likely align with Bitcoin reclaiming the crucial $88,000–$91,000 zone, a range that needs to be recovered to support broader market strength and risk-on momentum. Until those conditions are met, Dogecoin continues to chop within what is considered a long-term dollar-cost-averaging zone, suggesting consolidation persists while the market waits for a decisive macro trigger. Featured image from Getty Images, chart from Tradingview.com
Dogecoin has seen a significant surge in its futures trading volume, indicating renewed interest among investors. However, the DOGE price is still lagging, hovering just above the psychological $0.10 level, amid the broader crypto market downtrend. Dogecoin Sees 53,000% Surge In Futures Trading Volume CoinGlass data shows that Dogecoin’s futures trading volume surged as much as 53,000% on BitMEX, reaching just over $260 million in the process. The top meme coin has also seen its futures trading volume on other major exchanges such as Kraken, Binance, and Bybit surge over the last 24 hours, providing a bullish outlook for DOGE. This has led to a 10% surge in the trading volume across all exchanges, reaching $2.6 billion. Related Reading: Dogecoin Reclaiming $0.128 Support Could Signal The Perfect Chance For Long Positions Notably, the Dogecoin long/short ratio has increased to 0.9 in the last 24 hours, indicating that more traders are betting on a potential DOGE price increase. Meanwhile, the long/short ratio on Binance is at 2, suggesting that most Binance traders remain bullish on the foremost meme coin. This development comes as the crypto market anticipates a potential ‘Santa rally’ to end the year. This could provide some relief for Dogecoin, which has been on a massive downtrend since the October 10 crash. The meme coin is now down over 58% year-to-date (YTD). The DOGE price has also continued to lag despite the surge in futures trading volume. The meme coin continues to mirror Bitcoin’s price action, with the flagship crypto currently struggling to climb above $90,000. The DOGE price has also lagged due to the disappointing launch of the Dogecoin ETFs. SoSo Value data shows that the funds continue to fail to log net inflows, recording zero flows over the last eight trading days. The trading volume for these funds has also been low during this period. What’s Next For The DOGE Price? In an X post, crypto analyst Kevin Capital stated that a reclaim of $0.138 for the DOGE price on the 3-day to 1-week close would put it back above the macro .382 and the 200-week SMA. The analyst noted that this would be a major positive and likely align with the Bitcoin price reclaiming the $88,000 to $91,000 zone, which needs to happen. Kevin Capital further revealed that in the meantime, the DOGE price continues to trade around this “DCA” zone. Analyzing the 2-week chart, crypto analyst Trader Tardigrade stated that Dogecoin looks to be approaching the end of the pre-surge phase. His accompanying chart showed that the meme coin could still rally to $6 when the parabolic surge begins. Related Reading: Dogecoin Open Interest Crashes To April Levels, Here’s What Happened Last Time At the time of writing, the Dogecoin price is trading at around $0.13, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com
Dogecoin’s (DOGE) drop below a long-held support level has pushed traders and long-term holders to reassess the token’s outlook heading into 2026. Once viewed as relatively resilient within the speculative crypto space, DOGE is now under pressure after losing key technical structure and momentum. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn DOGE is down about 66% over the past year and trades near $0.13, far below levels that previously drew consistent buying. The decline reflects thinner liquidity, weaker speculative interest, and a market increasingly favoring assets with clearer narratives, suggesting that market size alone may no longer be a price support. DOGE's price trends to the downside on the daily chart. Source: DOGEUSD on Tradingview Key Support Gives Way as Selling Pressure Builds In the past week, Dogecoin (DOGE) slipped below the $0.129 area, a level that had capped losses through several consolidation phases. The breakdown was accompanied by elevated trading volume, signaling active selling rather than a slow drift lower. Intraday volatility expanded to around 4%, reflecting heightened sensitivity as traders reacted to the loss of range support. Technical analysts note that DOGE has also broken a multi-year ascending trendline that guided price action through much of the 2024 cycle. On shorter timeframes, the token now trades below key moving averages, with rebounds toward $0.132–$0.134 consistently meeting selling interest. Technical Signals Point to a Fragile Dogecoin Structure Momentum indicators continue to lean lower, and several analysts warn that failure to hold the nearby $0.128 level could expose DOGE to deeper downside. Below that, the next widely watched support zone sits near $0.090, implying a potential decline of around 30% from current levels if bearish pressure accelerates. Ichimoku-based signals have also turned negative, reinforcing the view that the broader trend has shifted. While short-term countertrend patterns occasionally emerge, they carry less weight against the backdrop of a confirmed break in higher-timeframe structure. Long-Term Outlook Faces a Test Into 2026 Beyond charts, Dogecoin’s longer-term outlook remains uncertain. Spot DOGE ETFs launched in late 2025 introduced a new source of demand, but it is still unclear whether that capital will prove sticky enough to offset ongoing selling. Meanwhile, discussions around adding utility through sidechains or layer-2 solutions continue within the developer community, though progress has been slow and fragmented. Related Reading: Pundit Shares Why XRP Will Become Expensive And A $1,000 Price Tag Is Possible Dogecoin is still the largest meme coin by market value, but that status alone does not provide a clear investment thesis. As 2026 approaches, traders appear increasingly focused on whether DOGE can stabilize above broken support and attract sustained demand. Cover image from ChatGPT, DOGEUSD chart from Tradingview
Dogecoin (DOGE) is trading above a price level that could determine whether its recent decline turns into a base or extends into deeper weakness. A crypto analyst has identified a critical support level at $0.128, which could change Dogecoin’s bullish outlook if it continues to hold above it. According to the analysis, holding above this key level could create the ideal conditions for investors seeking long positions. Analyst Identifies $0.128 As Critical Support For Dogecoin The Dogecoin price is above a make-or-break zone that could define its next significant price move and signal how investors position themselves in the long term. Market expert Crypto Tony has shared an updated outlook on Dogecoin, focusing on the importance of reclaiming the key support zone around $0.128 before considering long positions. Related Reading: Dogecoin Open Interest Crashes To April Levels, Here’s What Happened Last Time Notably, Crypto Tony has stated that a long setup could become more favorable and appealing if DOGE’s price can hold steadily above the $0.128 level. The support zone also emerges as Dogecoin’s price action shows early signs of stabilization after a sustained downside pressure. For the past few months, the meme coin has been in a decline, mirroring the broader market downturn and sustained risk-off sentiment. The analyst’s chart shows Dogecoin recently selling off sharply before finding temporary stability slightly above $0.128 a few days ago. The meme coin’s price is also trading below the highlighted horizontal line on the chart, which aligns closely with the support area. Visual projections on the chart further suggest a period of sideways movement between $0.128 and $0.130, followed by a potential breakout to the upside. Crypto Tony pinpoints a bullish target near $0.135, representing a more than 2.2% surge from Dogecoin’s price of $.0132, as of writing. Dogecoin Weekly Chart Signals Extended Correction Before Price Explosion Pseudonymous crypto analyst Cantonese Cat has also delivered a weekly analysis of Dogecoin, highlighting a prolonged corrective phase in its market structure. According to him, DOGE has already endured roughly 13 months of bearish price action, which aligns with a potential Wave 2 correction. The analyst stated that this downturn stage would precede an explosive Wave 3, which could see the meme coin’s price jump to new highs. Related Reading: Dogecoin Price Squeeze Maps Out Two Possible Scenarios From Here Cantonese Cat revealed in his analysis that his Dogecoin bullish setup may feel unlikely to many traders at the moment. This is especially true given that Dogecoin has been trending downwards for most of the year, failing to break out of its bearish position. Despite this, the analyst notes that the skepticism is precisely why the scenario remains plausible. The analyst’s chart shows that Dogecoin’s first wave has already completed, followed by a declining Wave 2. Price action is also interacting with multiple Fibonacci retracement levels while respecting a long-term downward trendline. Featured image from Getty Images, chart from Tradingview.com
Dogecoin is showing resilience at key support, with buyers repeatedly stepping in to absorb downside pressure. However, momentum indicators and the broader structure continue to favor the bears, keeping the short-term trend under stress. This tug-of-war sets the stage for a decisive move, as the next reaction will determine whether DOGE stabilizes or slides deeper. DOGE Stuck In A Prolonged Corrective Phase According to a recent update by More Crypto Online, Dogecoin’s price action remains stuck in a corrective phase that has been in place since November 2024. The sharp flash crash on October 10 added complexity to the broader structure, making the chart harder to interpret. However, the core scenarios outlined in earlier analyses are still valid, with the short-term trend clearly leaning to the downside. Related Reading: Fading ETF Interest Puts Pressure on Dogecoin as Price Approaches Critical Cost-Basis Zone Although the “yellow” scenario allows for the possibility of one more push higher, downside momentum is still currently in control. Until DOGE shows a decisive reaction at a major support level, or at least manages to stabilize before slipping below the 9.6-cent level that marks the October 10 low, further weakness should be expected. Initial support sits at 9.6 cents, followed by deeper levels at 8.0 cents and then 5.4 cents. Whether price eventually reaches these lower targets is still uncertain, but for now, there are no technical signals suggesting that a local bottom has formed. Overall momentum remains negative, with DOGE still trading within a local downtrend. While a bullish reversal could develop at some point, current conditions do not justify adopting a bullish bias. Trying to anticipate a reversal ahead of confirmation carries increased risk in this environment, making caution the prudent approach for now. Bears Press, But Dogecoin Refuses To Break Crypto analyst Broke Doomer revealed that DOGE is displaying significant resilience, as bears have attempted to push the price lower multiple times without success. Despite the persistent downward pressure, the price continues to hold its ground, suggesting that the current support level is much firmer than sellers anticipated. Related Reading: Dogecoin Price Can Stage A 96% Rally If It Breaks This Falling Wedge Pattern The analyst noted that every dip into this specific zone is being bought up relatively quickly, a clear indication that strong bids are still stepping in whenever weakness is shown. This aggressive “buy-the-dip” behavior suggests that institutional or large-scale buyers are likely positioning themselves within this consolidation range, preventing a deeper breakdown. Given this ongoing battle between supply and demand, the focus has now shifted to the longevity of this base. Broke Doomer raised the question of how long this support will hold before buyers finally seize full control of the momentum. Featured image from iStock, chart from Tradingview.com
Dogecoin (DOGE) is approaching a sensitive phase as weakening investor demand, stalled ETF inflows, and growing sell-side pressure converge near a key price area. Related Reading: XRP Risks Double-Top Crash Toward $0.40, Peter Brandt Warns Once driven largely by retail enthusiasm, the meme coin is now trading closer to levels where a significant share of holders last acquired their tokens, raising questions about downside risk if confidence continues to erode. At the same time, isolated whale accumulation and long-term cost-basis data suggest the market is approaching a zone that could define the next major move. DOGE's price trends to the downside on the daily chart. Source: DOGEUSD on Tradingview Dogecoin ETF Inflows Stall as Sentiment Softens One of the clearest shifts in Dogecoin’s recent market structure has been the loss of momentum in its exchange-traded funds. Data shows that the Grayscale and Bitwise DOGE ETFs have not recorded any inflows since December 11, with total inflows since launch standing at roughly $2 million. Combined assets under management are around $5.2 million, representing a negligible fraction of Dogecoin’s overall market capitalization. The muted response contrasts sharply with other altcoin ETFs, particularly XRP and Solana products, which have attracted hundreds of millions of dollars in inflows. The lack of sustained interest has raised questions about the long-term viability of DOGE-focused funds, especially given their low revenue potential at current asset levels. More broadly, the ETF slowdown reflects a risk-averse environment, with the crypto Fear and Greed Index remaining in fear territory. On-Chain and Derivatives Data Point to Bearish Bias Beyond ETFs, on-chain metrics show declining participation from large holders. Wallets holding between 100 million and 1 billion DOGE have reduced their balances by over 1 billion tokens since early December. Similarly, the proportion of DOGE supply in profit has slipped to near 50%, suggesting fewer holders are sitting on unrealized gains. Derivatives markets reinforce this cautious outlook. Short positions now account for more than half of open DOGE derivatives, while over $5 million in long positions were liquidated in a 24-hour period. Open interest has also declined, pointing to reduced speculative appetite rather than aggressive dip-buying. Price Near Key Support as $0.10 Comes Into Focus Technically, Dogecoin is trading near the $0.123–$0.126 range, an area that has repeatedly acted as support since April. The price remains below key moving averages, with momentum indicators such as MACD and RSI signaling continued downside pressure. A decisive break lower could expose the psychological $0.10 level. Related Reading: Ethereum Risks Slide To $2,000 If December Closes Below This Level: Analyst Analysts have also projected deeper historical support near $0.074, where roughly 28 billion DOGE last changed hands. While a move to that level would require further deterioration in sentiment, current conditions suggest Dogecoin is approaching a cost-basis zone that could determine whether sellers remain in control or longer-term holders begin to step in. Cover image from ChatGPT, DOGEUSD chart from Tradingview
Dogecoin’s (DOGE) latest selloff has forced traders to confront a question that has followed the meme coin since its peak years. Is this another temporary washout, or a deeper reset in how the market values DOGE? Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why Over the past 24 hours, Dogecoin slipped sharply below levels that had held through weeks of consolidation, erasing a sense of stability that many participants had grown accustomed to. The move unfolded without a single defining catalyst, instead reflecting broader weakness across higher-beta crypto assets. At the same time, DOGE’s highly visible online presence has remained active, creating a contrast between weakening price action and persistent cultural relevance. DOGE's price trends to the downside on the daily chart. Source: DOGEUSD on Tradingview Breakdown Below Key Support Shifts Short-Term Structure In the past 24 hours, Dogecoin (DOGE) fell about 5.5%, sliding from roughly $0.1367 to near $0.129, and briefly trading as low as $0.1266. The drop pushed the price below the $0.1370 and $0.1300 support zones, levels that had defined the lower boundary of its recent range. Trading volume surged to around 1.36 billion tokens, more than 180% above average, suggesting the move was driven by active selling rather than gradual drift. Technically, DOGE is now trading below its 100-hour simple moving average, with a bearish trend line forming near $0.1340. Attempts to reclaim $0.1300 have so far failed, reinforcing that level as immediate resistance. Market participants note that once intermediate supports gave way, bid depth appeared thin, allowing the DOGE price to move lower with limited pauses. Sentiment Signals Clash With Weak Dogecoin Price Action Despite the selloff, Dogecoin remains a popular online presence. The official Dogecoin ecosystem account recently acknowledged renewed public endorsements, including comments from a high-profile entrepreneur, and resurfaced cultural callbacks tied to DOGE’s 2021 run. From a positioning standpoint, Dogecoin remains significantly below its all-time high and has declined sharply on a year-to-date basis. Open interest has also declined significantly from earlier 2025 peaks, pointing to reduced speculative participation. For some traders, this is evidence of capitulation; for others, it signals a quieter phase where excess leverage and hype are being flushed out. Levels That Now Matter for Traders In the near term, market focus is centered on the $0.1290–$0.1280 zone. Holding above this area could allow DOGE to consolidate, while a sustained break lower may expose support near $0.1250 and potentially the $0.1200 region. On the upside, a reclaim of $0.1300 would be the first indication that downside momentum is easing, though former supports above $0.1340 remain key hurdles. Related Reading: US Bitcoin Session Leads December Returns After Weak November Whether this move marks the end of an era or a broader reset remains to be seen. For now, Dogecoin remains in a fragile stabilization phase, where confirmation, rather than conviction, is driving trading decisions. Cover image from ChatGPT, DOGEUSD chart from Tradingview
Crypto analyst Erick Crypto has highlighted a Dogecoin price squeeze, which is currently playing out. Based on this, he mentioned two possible scenarios that could play out for the largest meme coin by market cap. Two Possible Scenarios as Dogecoin Price Squeezes In an X post, Erick Crypto stated that the Dogecoin price is squeezing hard, with a descending triangle and strong horizontal support around $0.136. He added that DOGE is compressing at the apex, which means that a breakout ot breakdown is imminent. The pundit warned that there is high volatility ahead of the meme coin. Related Reading: Pundit Reveals Why January Will Be A Month For Dogecoin, But Can DOGE Price Reach ATHs? Meanwhile, the crypto analyst stated that the Dogecoin price could see more downside if it loses the $0.13 support. On the other hand, it could record a relief rally if it breaks the trendline. He urged market participants to trade the breakout and not the noise. Erick Crypto’s analysis comes amid the crypto market downturn, which has already sparked a massive crash for DOGE. Notably, the Dogecoin price is down over 20% in the last month, since around when the Bitcoin price first crashed below the psychological $100,000 level. The meme coin has also failed to gain traction despite the launch of two DOGE ETFs during this period. Bitcoinist reported that these Dogecoin ETFs have so far underperformed and failed to gain interest from institutional investors. Meanwhile, the Dogecoin price and the broader crypto market are at risk of further declines as the Bank of Japan (BOJ) is likely to raise interest rates this week. This could tighten liquidity in the market and also lead to a further unwinding of the yen carry trade, which is a negative for crypto assets, including DOGE. DOGE Is At A Crossroad Crypto analyst CryptoCeek stated that the Dogecoin price is at that “classic meme coin fork-in-the-road.” The analyst explained that if the bears push and hold the price under $0.13, the door opens for a full retest of $0.10, where buyers historically aggressively buy the dip. On the other hand, CryptoCeek stated that reclaiming the 20D EMA near $0.14 would scream a bear trap, with $0.19 on the cards for “one of those classic DOGE squeezes.” Related Reading: Dogecoin Holds Demand Zone Above $0.13, What A Bounce Would Do Crypto analyst Master remarked that between $0.8 and $0.10 seems likely for the Dogecoin price. He added that the base case is that the meme coin trades sideways until 2028, when the next bull run may start. However, as CryptoCeek suggested, DOGE may bounce from around $0.10 as the bulls step in to accumulate more coins at that price level. Featured image from Pixabay, chart from Tradingview.com
Dogecoin’s weekly price chart is revealing an interesting event of an important momentum indicator hitting a level that has always been a major turning point for the cryptocurrency. After spending the past several weeks falling lower into the $0.13 price region, Dogecoin’s Relative Strength Index on the weekly timeframe has reached levels that have only appeared a handful of times over the asset’s entire trading history. The observation, first highlighted by crypto analyst Cryptollica, revisits how Dogecoin has behaved the last few times this technical condition happened. A Rare Weekly RSI Signal In Dogecoin’s History Technical analysis indicates that Dogecoin’s weekly Relative Strength Index has dropped into a narrow zone around the 33 level, a condition that has appeared only four times over roughly eleven years of trading history. Each of those occasions aligned with periods where selling pressure had largely run its course, even though price action itself did not immediately reverse. Instead, these phases were marked by quiet accumulation. Related Reading: XRP Dominates Institutional Inflows, But Why Is Price Still Low? The Dogecoin chart highlights these moments clearly, with pronounced RSI dips into the lower band during 2015, 2020, and 2022. In each case, price followed a similar script: extended basing ranges formed after the RSI reached this level, laying the groundwork for the next sustained advance. Now in late 2025, Dogecoin’s RSI is again exhibiting this same structural behavior, and this places the current price action in a way that might play out bullish. Short-term oversold readings are relatively common as reversal indicators, but they often produce false starts. However, since this is on the weekly timeframe, this specific setup tends to emerge only during broader market resets and is much more reliable. During those resets, the RSI stabilized and rebounded from the 30 to 33 zone as price gradually transitioned from consolidation into a new uptrend. Dogecoin Price Chart. Source: @Cryptollica On X What The Current RSI Setup Could Mean Going Forward As of mid-December 2025, Dogecoin is trading in the low-$0.13 to mid-$0.14 range, having slipped back below $0.14 that had been acting as short-term support in recent weeks. This price area has been volatile, with moves between roughly $0.13 and about $0.15, reflecting an ongoing struggle between buyers and sellers and a lack of decisive bullish momentum. The sellers are winning right now, with Dogecoin trading at $0.13, down by 5% in the past 24 hours and about to lose this price level. Related Reading: Silk Road Bitcoins Are On The Move Again, Is The BTC Price Ready For Another Dump? Nonetheless, the weekly RSI that’s currently at the usually significant zone adds additional context. It proposes a scenario where Dogecoin is about to reach a price bottom and buyers regain control in the coming weeks. However, considering that this is a weekly indicator, Dogecoin’s price action might continue to consolidate around this level for the next few weeks before any meaningful bounce takes place. Featured image created with Dall.E, chart from Tradingview.com
As the eventful year of 2025 draws to an end, crypto analysts are looking into what the Dogecoin price could hold for investors going into the end of the year. One of these analysts is BitGuru, who shared an interest in the Dogecoin price chart, highlighting the next possible roadmap that the meme coin could take. With the possibility of a bounce rising, the next targets have become increasingly important to identify in order to maximize gains. Why The Dogecoin Price Could Recover Quickly BitGuru’s analysis focuses on the rising demand surrounding the meme coin after finding support from the recent crash. The Dogecoin price had stopped above $0.13, suggesting that the demand at this level continues to hold strong as buyers return to the market. Related Reading: Reasons Why XRP’s Technical Structure Favors Upside Than Down Over Next 6 Months Pointing out this demand, the crypto analyst explains that the Dogecoin price is actually holding the demand zone after a prolonged downtrend. This is often bullish for the digital asset as it shows rising interest in the cryptocurrency as it establishes new support levels. This base formation, as the analyst calls it, could serve as the starting point for the next rally that could push the Dogecoin price higher. However, for this to happen, the Dogecoin bulls would have to maintain their position above this demand level. If this support level is held, then BitGuru forecasts that the Dogecoin price could start to recover again. This bounce could lead to a 50% increase, with the analyst’s chart outline putting it as high as $0.188. The upper end of the rally shows the price climbing to $0.22 before hitting resistance. End Of Year Could End Red Interestingly, the last quarter of the year has often been reasonably bullish for the Dogecoin price, but the year 2025 has deviated hard. So far, the quarter is already 41.8% deep in the red, according to data from the CryptoRank website, and it doesn’t look like that would change anytime soon. Related Reading: XRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally The Dogecoin price is already down more than 7.5% in the month of December so far, contributing to the decline that has been felt in the quarter. The months of October and November ended in the red with 20% and 21.3% losses, respectively, and if this trend continues, then the Dogecoin price could follow suit. Featured image from Dall.E, chart from TradingView.com
Dogecoin (DOGE) is testing the lower boundary of a long-term triangle pattern, a move that could determine its next major price direction. A new technical analysis highlights a roadmap with key recovery levels and outlines a potential timeframe when selling and profit-taking may become favorable. Dogecoin Triangle Pattern Signals Recovery Path In a recent X post, crypto analyst Jonathan Carter presented a new analysis of Dogecoin’s price action, predicting that a potential recovery may be imminent. Carter explained that Dogecoin is currently testing a critical support area around $0.135 within a long-standing descending triangle chart structure. The setup is unfolding over the 3-day timeframe, with price action remaining above the pattern’s lower boundary. This zone has become a key battlefield between buyers and sellers. Related Reading: Is Dogecoin Waking Up? Critical On-Chain Metric Explodes Higher Carter highlights that the ongoing support area offers a favorable risk-reward profile for market participants. Buyers stepping in at this level are attempting to prevent a breakdown that could invalidate the broader recovery outlook. This means holding above this support zone could keep Dogecoin’s bullish scenario intact. The descending triangle visible on the analyst’s shared chart shows a series of lower highs pressing against the stable support zone at $0.135. This compression often precedes a decisive move once the price reacts strongly at the base. Dogecoin’s current structure also suggests the market is steadily approaching that inflection point. The volume data at the bottom of the chart has yet to show strong expansion near the support area. This indicates that Dogecoin’s trading activity has been relatively muted, suggesting that the market may be waiting for confirmation before committing to a significant upward move. If Dogecoin successfully rebounds from the $0.135 support zone, Carter’s chart maps out several upside levels to watch. Initial recovery targets are seen around $0.155 and $0.190, where previous price reactions occurred. Clearing these levels would signal growing momentum and a possible end to DOGE’s downtrend. Further upside extensions projected on the chart include $0.250 and $0.310, which align with previous consolidation areas. A stronger continuation could open the path toward $0.370 and ultimately the resistance zone near $0.470. Resistance Zone Reveals When To Sell DOGE Carter’s Dogecoin chart clearly shows the $0.47 resistance zone, where sellers are expected to become active again. A rally into the zone would likely face increased selling pressure based on historical price behaviour. As a result, the resistance area serves as a strategic level for profit-taking rather than for new entries in Dogecoin. Related Reading: Binance’s USD1 Stablecoin Push Deepens Relationship With Trump’s Crypto Platform Overall, Carter’s analysis suggests that Dogecoin’s price is sitting at a pivotal technical level that could shape its next major move. The meme coin’s price is currently down, having crashed by over 22% year-to-date, according to CoinMarketCap. Despite this slip, Carter remains optimistic about DOGE’s recovery path. The recovery timeline highlighted in the analysis suggests that by 2026, the meme coin may have emerged from its downturn. Featured image from Unsplash, chart from TradingView
Dogecoin is entering a pivotal phase as its price action tightens within a symmetrical triangle, aligning with a high-timeframe Wyckoff setup. The combination of higher lows, compressed structure, and developing Wyckoff signals suggests growing strength beneath the surface, raising the possibility that DOGE is quietly preparing for its next major move. MTF Range Strategy: Longs At Discount, Shorts At Premium According to an update by Wyckoff Insider via the lens of a multi-timeframe (MTF) range, the focus is on seeking long positions in areas of extreme discount and short positions in areas of extreme premium. When an MTF range is present, it often develops a Wyckoff structure near both the range highs and lows, providing clearer points of interest for traders. Related Reading: Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds Dogecoin is currently forming an 8H Bojan pivot in the extreme discount zone of this MTF range. The key to trading a Bojan pivot is identifying the Sign of Strength (SOS) that forms on the third candle. Bitcoin displayed a similar 8H Bojan recently, but trading it was more challenging due to deviations on both sides of the range, making DOGE difficult to trade also. On the lower timeframes, Dogecoin is also showing a Wyckoff Model 1 range. When the third candle opens, and price pulls down, traders look for an LPS, BOS, and internal BOS pattern. Valid entries include taking the breakout on the 3-minute BOS with a stop below the M1 low, or entering on the LPS after the internal BOS, with a stop placed beneath the LPS itself. In terms of trade management, Wyckoff Insider outlines a clear plan: risk should be kept at 2% per setup, with TP1 at the Wyckoff target zone (40%), and TP2 at the first range supply, fully closing the trade once a Sign of Weakness (SOW) appears. This structured approach helps navigate DOGE’s multi-layered Wyckoff-driven price action with discipline and clarity. Daily Structure Shows Strength Despite Downtrend Trader Tardigrade revealed that the daily chart provides clear indications that Dogecoin is actively building a stronger market structure despite the recent overall downtrend. This strength is apparent when comparing the current price action to past cycles. Related Reading: Dogecoin Price Volatility Returns as Market Weighs Bullish Indicators Against Recent Dip Historically, when the broader market is weak, DOGE typically reinforces its bearish trend by forming lower lows following a distinct new swing low. However, in a significant departure from this pattern, DOGE is now attempting to establish a higher lows structure within a symmetrical triangle pattern. This formation is key, as the analyst suggests the symmetrical triangle structure indicates that Dogecoin has been rejected from trading further downward. Such a development signals that selling exhaustion is setting in, preparing the market for a potential directional breakout. Featured image from iStock, chart from Tradingview.com
A developing Three Bullish Drives pattern has just been identified on the Dogecoin price chart. According to the analyst’s report, this new technical pattern suggests the meme coin could be on the verge of a bottom, potentially marking its next key buying point for market watchers. This projected decline could extend the downtrend Dogecoin experienced over the past few months, which already wiped out most of the gains made earlier this year during the meme coin hype. Dogecoin Bullish Reversal Setup Reveal Buying Point Crypto analyst Trader Tardigrade has stated that Dogecoin may be close to forming a bottom on the daily chart, as it develops what appears to be a classic Bullish Three Drives pattern. He points out that the first 1.272 Fibonacci extension near $0.137, measured from Point 1 to Point 2, lines up with the descending resistance line formed by Points A and B. This alignment is significant, as it suggests that Point 3 may represent the next buying opportunity, potentially marking Dogecoin’s lowest level before a reversal. Related Reading: Dogecoin Price Will Rally Before It Crashes, But What’s The Target? Trader Tardigrade’s chart shows the full Three Bullish Drives pattern taking shape, with three apparent dips labeled Points 1, 2, and 3. Each downward move follows the same harmonic rhythm seen in the sample pattern shown in the chart’s inset. Points A and B, between $0.159 and $0.155, form lower highs, creating a strong resistance line that the Dogecoin price continues to respect throughout the pattern. The repeated appearance of the 1.272 Fibonacci extension reinforces the setup, showing that the market is following the expected price behavior of this chart formation. Point 3, which sits between $0.131 and $0.124, stands out as a major turning point for investors. What this means is that Trader Tardigrade expects Dogecoin to temporarily decline to this lower buy point before moving back upwards. The momentum from DOGE’s projected rebound is expected to push its price toward $0.155. Although the analysis initially forecast that Dogecoin would hit a bottom, it also suggests that the recent downtrend, which has seen the meme coin’s price crash by roughly 20% this month, may be approaching its end. Falling Wedge Signals Strong Upside For DOGE A market expert identified as ‘Crypto King’ on X suggests that Dogecoin has strong bullish potential, as a clean Falling Wedge pattern is forming on the daily chart. He highlighted that the DOGE price is currently compressing against the trendline, signaling that the market may be gearing up for a significant move. Related Reading: Analyst Says Dogecoin Price Is Ready To Fly, Here’s Why According to Crypto King, once the market structure is broken and the diagonal resistance is reclaimed, a rapid surge toward $0.27 could unfold for Dogecoin. At its current price of $0.14, this would represent a staggering 92.86% gain. Featured image from Getty Images, chart from Tradingview.com
The Dogecoin price has entered another period of volatility as traders attempt to weigh improving technical signals against renewed short-term weakness. The memecoin has been shifting between modest recoveries and sudden pullbacks, creating a landscape where both bullish and bearish narratives remain active. Related Reading: More Eurozone Countries Will Buy Bitcoin, Says Coinbase’s Institutional Chief With macro uncertainty, DOGE ETF inflows, exchange outflows, and key chart patterns emerging at the same time, the market is now deciding which direction will dominate heading into late December. DOGE's price trends downwards on the daily chart. Source: DOGEUSD on Tradingview Mixed Trading Conditions Shape Short-Term Direction for Dogecoin The Dogecoin price slipped back below the $0.145 region after failing to hold above $0.150 earlier in the week. The latest dip saw price break below an hourly trend line, touching lows near $0.131 before stabilizing. DOGE now trades below $0.140 on lower timeframes, with immediate resistance forming around $0.142 and $0.145. Yet the broader view remains less gloomy. The weekly chart shows a developing MACD bullish crossover, complemented by rising histogram bars. Historically, this signal has marked early phases of momentum recovery. The Dogecoin price continues to defend the long-standing $0.13–$0.15 support band, a range that has held for nearly two years. Repeated rebounds from the $0.135 zone highlight ongoing buyer activity despite intraday volatility. Traders are also watching the upper boundary of the recent range at $0.155–$0.156. A close above this area would signal a break from the consolidation pattern that has persisted since late November. ETF Volume and Exchange Outflows Show Accumulation While the spot price fluctuates, underlying market activity points to steady participation. The Dogecoin ETF has recorded $3.23 million in daily trading volume, adding a layer of institutional-style flows that did not exist in previous cycles. Similarly, exchange data shows between $20 million and $60 million in recent outflows, suggesting large holders continue moving tokens off trading platforms. This combination, ETF demand and declining exchange balances, implies accumulation, particularly during price weakness. With fewer tokens available for immediate sale, selling pressure could ease if these trends continue. Traders Await Breakout Signals as Volatility Tightens Dogecoin’s trading volume has surged more than 60% at times this week, reflecting renewed interest ahead of broader market catalysts, including the Fed Reserve’s policy decision. DOGE now trades in a tightening range between $0.131 – $0.156, with analysts noting that prolonged compression often precedes larger moves. Technical targets remain unchanged: $0.18–$0.20 as the first major resistance, followed by $0.21 and $0.27. A move toward the broader $0.30 barrier would require a break above short-term resistance and confirmation that buyers can sustain momentum. Related Reading: Forget Bitcoin’s Old Cycle—A New Institutional Era Has Begun: Cathie Wood The Dogecoin price sits at the center of contrasting signals, accumulation on the one hand and near-term weakness on the other, leaving the market to determine which will take priority as volatility returns. Cover image from ChatGPT, DOGEUSD chart from Tradingview
A new technical analysis shared by crypto analyst BitGuru on the social media platform X shows that Dogecoin is trading at an important price level that could set the stage for an upward shift. His chart shows a familiar structure forming at a major support level, one that has acted as the starting point for a previous rally in the year. The price action now developing is similar to this earlier setup, showing that Dogecoin may be preparing for another recovery move above $0.2. Dogecoin Returns To An Important Support Zone Dogecoin has spent the past few weeks trading between $0.13 and $0.15 without a clear path to bullish price action. This recent price action is an extension of a downturn that has been taking effect since mid-September from the $0.3 price level. Related Reading: Pundit Highlights The Condition That Will Trigger A 2,300% XRP Rally To $50 Notably, technical analysis of Dogecoin’s daily candlestick timeframe chart shows that the cryptocurrency is currently positioned on a significant historical support level, the same area that sparked previous rallies. This support is shown on the chart as between $0.139 and $0.141, the lower boundary of a wide accumulation zone, where price repeatedly stabilized before surging. Despite the broader market’s recent weakness, this price support range has held up. Price action in December has led to the creation of a few transition candles on the daily timeframe chart. This, in turn, has led to the creation of a higher low relative to the November breakdown, which had caused Dogecoin to break below $0.135. Dogecoin Daily Candlestick Chart. Source: @bitgu_ru On X Another notable feature highlighted by the analyst is the tight compression forming around Dogecoin’s candles. The chart shows a sequence of narrow movements, indicating that selling momentum has thinned out. BitGuru interpreted this as exhaustion from sellers, meaning the Dogecoin price is no longer displaying the heavy downward pressure seen in November. This type of narrowing range is expected to be the final stage of the downtrend and buyers are beginning to regain control. Buyers Begin To Step In, Mid-Range Target Next Early signs of buyer strength are now visible within this compressed zone. This is reflected in the price action in the past 24 hours, which has seen Dogecoin bounce from its intraday low of $0.14 and increase by 4.1%. That rebound is the first meaningful pushback from buyers after days of bearish activity. Related Reading: Here’s How High The Dogecoin Price Will Go Once The MACD Bullish Cross Happens The projected arrow in BitGuru’s chart points to the mid-range area around $0.188 as the first destination now that Dogecoin is rebounding from its support base. However, another higher price target is highlighted around $0.223 if Dogecoin completes its projected bounce from the support. Depending on how Dogecoin reacts here, a bullish move will target the order block around $0.25, before further price targets at $0.284 and $0.306. Featured image created with Dall.E, chart from Tradingview.com
Dogecoin (DOGE) is, in another consecutive week, settling into a familiar pattern: holding firm at a crucial support zone while market participants weigh technical signals, shifting adoption trends, and the ever-present influence of its community. Related Reading: New Bitcoin Crash Incoming? Twenty One Capital Moves 43,500 BTC Amid Major Losses As the token trades around $0.14, its price behavior reflects a broader phase of consolidation, characterized by tighter volatility and increasing on-chain engagement. With new real-world use cases emerging and traders watching for a breakout, DOGE’s long-term trajectory is becoming a point of renewed discussion. DOGE's price trends to the downside on the daily chart. Source: DOGEUSD on Tradingview Network Activity Strengthens as Dogecoin Price Holds Key Support Despite muted market reaction to Dogecoin’s 12th anniversary, activity on the network continues to rise. Daily active addresses reached over 67,000 earlier in December, marking the second-highest level in three months. This increase comes as DOGE repeatedly defended the $0.14 support, forming a tight compression range between $0.1406 and $0.1450. Short-term charts indicate multiple rebounds from the $0.14 level, accompanied by decreasing sell volume, an early sign of accumulation. Analysts identify $0.16 as the threshold that would shift DOGE from range-bound movement into a potential trend continuation. Failure to hold support, however, could expose deeper downside toward $0.081, an area highlighted by realized on-chain distribution clusters. Adoption Expands Beyond Market Narratives Recent developments show Dogecoin slowly expanding beyond its memecoin label. In Argentina, certain taxes can now be paid using DOGE, while Alternative Airlines has begun accepting the token for ticket purchases. These integrations, although still modest, indicate real-world traction that supports a longer-term use case narrative. Broader sentiment, however, remains closely tied to macroeconomic conditions. Analysts note that liquidity trends, regulatory developments, and institutional risk appetite continue to shape DOGE’s outlook. The launch of the first Dogecoin ETF in November drew little initial inflow, signaling that large investors remain cautious despite the token’s growing visibility. Long-Term Structure Points to Potential Upside From a structural standpoint, Dogecoin continues to follow a multi-year pattern that some analysts view as constructive. Long-term charts show price action moving within a large triangle formation dating back to 2021, with a cup-and-handle structure still intact on higher timeframes. Weekly RSI levels near 50 resemble conditions seen before DOGE’s 2021 rally, while MACD indicators approach bullish crossovers on both weekly and monthly charts. Forecasts place Dogecoin’s path toward $1 as a possibility later in the decade, with projections suggesting a climb toward that level by 2030. In the near term, the $0.145–$0.16 zone remains the defining barrier that could determine whether DOGE transitions into a stronger upward phase or remains confined to its current band. Related Reading: Bitcoin Speculation Muted: Glassnode Analyst Calls Perps A ‘Ghost Town’ As Dogecoin stabilizes above key support and real-world adoption increases, traders are closely watching for the next catalyst, whether it be network expansion, macroeconomic shifts, or renewed community-driven momentum. Cover image from ChatGPT, DOGEUSD chart from Tradingview
The Dogecoin price is already struggling amid the bearish pressure that has dominated the crypto market recently. After the initial fall to $0.2, DOGE bulls had attempted to hold support, pushing for a rebound. However, with the bearish headwinds of the last quarter of the year, the Dogecoin price has since succumbed and is now trading below the $0.15 support level, and continues to struggle. Despite the already troubling price performance, crypto analyst Weslad says that the worst might be yet to come. This is due to a corrective structure that has appeared on the meme coin’s price chart, and the result of this has been a bearish flag. As these technical developments unfold, the crypto analyst has warned investors of what to expect, outlining why the Dogecoin price could see a major crash while attempting to recover. Dogecoin Price To Rise And Then Fall The analysis, which was shared on the TradingView website, points to the bearish flag as a precursor of what is to come. Weslad explains that the bearish flag had triggered the Dogecoin price breakdown that had led to the downward leg. As a result, the sentiment has skewed negative so far, suggesting that there could be more declines to come. Related Reading: Bitcoin RSI Shows Shocking Similarities To 2012-2015, But What Happened Last Time? However, the crypto analyst points out that the Dogecoin price is still well below its breakout zone. Given this, it is likely that there could be an initial relief rally for the meme coin. If this rally plays out, then there would be an initial decline below $0.12 to form support above $0.118. Once this support is established, then the resulting bounce is expected to push the Dogecoin price to $0.2. Once this move is completed, though, the analyst predicts an even deeper crash on the horizon. From the $0.2 mark, Weslad’s chart shows that the Dogecoin price could decline another 70%, falling toward $0.05 in the process, which would mean a return to 2-year lows. Related Reading: Confirming The Bitcoin Price Direction: Analyst Reveals What You Should Look Out For “The immediate plan is to monitor a pullback toward the minimum bearish flag targets around the $0.12 region, which aligns with the former structure support and breakout zone,” the crypto analyst said. This bottom area serves as a “supply on the retest” and could trigger the next decline. For now, the analyst expects that the Dogecoin price will continue on its bearish path. This is dependent on the broader market performance, and so far, a breakdown looks to be more likely. Featured image from Dall.E, chart from TradingView.com