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Just one month into 2026, Dogecoin’s on-chain wealth metrics are already revealing a notable change. Data tied to wallet balances shows that a meaningful share of DOGE’s highest-value holders has dropped out of the millionaire bracket since the start of the year.  The change has unfolded quickly and lines up with a period of price weakness, which makes it necessary for closer attention to what is happening behind the scenes among Dogecoin’s largest holders. Finbold Data Shows A 10% Drop In Dogecoin Millionaire Wallets The number of Dogecoin wallets in the millionaire threshold has fallen notably since the beginning of 2026, but this is not surprising considering the price action of the meme coin during this period. This trend is revealed through data from the Dogecoin Rich List metric from BitInfoCharts.  Related Reading: Where’s XRP Price Headed As Exchange Reserves Plunge To 1.7 Billion? Details first published by Finbold, using data stored in Wayback Machine’s internet archive, show there were 1,052 Dogecoin wallets holding at least $1 million worth of the cryptocurrency at the start of 2026. Out of those 1,052 wallet addresses, 163 of them were worth more than $10,000. Dogecoin Rich List. Source: BitInfoCharts However, the data from early February shows an interesting trend since then. As it stands, that figure has fallen to about 950. In practical terms, this means that nearly one out of every ten Dogecoin millionaire wallets has fallen out of that category within the space of a single month. The speed of this decline stands out, especially when compared with the usually slower and more incremental changes that tend to occur on Dogecoin’s rich list over longer periods. Price Decline Pushes Wallets Below The $1 Million Threshold The timing of the drop in millionaire wallets closely tracks Dogecoin’s price performance since the beginning of the year. In terms of price action, Dogecoin has traded lower on a year-to-date basis, shedding double-digit percentage losses.  Related Reading: How To Trade The XRP Price In The Short Term After The Massive Crash Notably, Dogecoin’s price has lost about 32% of its value since January 4. This goes back to a downward price action that has been playing out since the last quarter of 2025, when Dogecoin was rejected at $0.29 and has been correcting since then. At the time of writing, Dogecoin is trading at $0.1084 and is at risk of losing the $0.10 price level. If Dogecoin were to break below this level, then the number of millionaire holders will drop in tandem. However, valuation changes, not just outright exits, played a role in the shrinking millionaire count. As prices moved down, many wallets that previously sat just above the $1 million mark would have slipped below the threshold without necessarily selling large portions of their holdings. A decline in high-value holders does not automatically mean a collapse in Dogecoin’s outlook, but it does reflect changing behavior among large holders. Some of the reduction may point to profit-taking. Other wallets may simply be waiting out weaker market conditions.  Featured image created with Dall.E, chart from Tradingview.com

Crypto analyst Trader Tardigrade has drawn attention to a previous pattern that formed for the Dogecoin price just before it recorded 21,000% rally. Based on this, he raised the possibility that the meme coin may be preparing for another parabolic rally despite the recent downtrend.  Dogecoin Price Momentum Oscillator Decline Points To Parabolic Rally In an X post, Trader Tardigrade highlighted the Dogecoin price weekly chart, while noting that the Price Momentum Oscillator (PMO) has dropped to levels that triggered past rallies. DOGE notably surged 21,000% between 2015 and 2018 and 800% between 2022 and 2024, when the PMO declined to its current levels.   Related Reading: Dogecoin Price Just Confirmed A Reversal With The RSI Divergence As such, the Dogecoin price could again record a significant surge if history repeats itself. The analyst’s accompanying chart showed that the meme coin could rally just above the psychological $1 level this time around. This will mark a new all-time high (ATH) for DOGE, with its current ATH at $0.73.  This bullish Dogecoin price prediction comes amid a recent crypto market decline, with DOGE falling to the $0.10 support level. Trader Tardigrade suggested that the decline might mark the bottom for the leading meme coin, as he highlighted an ascending triangle forming on the 4-hour chart. Crypto analyst Crypto GVR stated that the chart is showing clear signs of a Dogecoin price reversal. The analyst predicts that DOGE could rally to between $0.3 and $0.5 in the long term. Meanwhile, crypto analyst Top Gainer noted that the Dogecoin price is currently in an accumulation zone, which could trigger a surge for the leading meme coin. He predicts that DOGE could record a big breakout, which would send its price to $1.  DOGE Could Be Targeting The $0.13 Zone Crypto analyst Bitcoinsensus indicated that the Dogecoin price could be targeting the $0.13 zone for a breakout. This came as the analyst noted that DOGE has confirmed a bullish MACD print on the 4-hour timeframe, with the meme coin now rebounding. He added that if this bullish momentum persists in the crypto market, then Dogecoin could target its last pivot high.  Related Reading: Dogecoin Price Is Following This Bullish Signal With A Major Target Commenting on the current Dogecoin price action, crypto analyst CryptoCeek noted that the brief drop below $0.10 led to a classic panic flush. DOGE may be looking to rebound, but the analyst warned that a rejection at the $0.12 price level could lead to a deeper crash to $0.08. However, if the meme coin breaks above this level, then it could rally to $0.16 in the short term.  At the time of writing, the Dogecoin price is trading at around $0.1070, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Tracking the broader crypto market decline, Dogecoin (DOGE) has crashed to new lows, sending it back to a key demand zone. Market analyst Eric Crypto has shared a detailed analysis, highlighting the significance of this level and predicting that a hold above it could trigger a major rebound and subsequent price rallies for Dogecoin.  Dogecoin Price Plummets To Key Demand Zone On January 31, Eric Crypto shared a technical price chart on X, showing that Dogecoin has dropped significantly from its late-year highs of around $0.26 and recently fell to about $0.11099. The move was accompanied by choppy price action and several volatility spikes before sellers finally pushed the price down into a clear support region.  Related Reading: Here’s The Dogecoin Resistance Level That Is Stalling A 402% Move Following this drop, Eric Crypto noted that Dogecoin is now sitting right on a key demand zone near $0.11. He explained that the price briefly dipped below recent lows to grab liquidity before forming a visible base in this region. On the chart, this appears as a small consolidation box just above $0.11 following the sharp decline.  With price action now stabilizing at the base, Eric Crypto believes Dogecoin is positioned for a potential price bounce. He noted that if the meme coin can hold above the demand zone, it could stage a relief rally toward $0.14 could be its next move. Should bullish momentum continue, he added that higher targets around $0.18 and potentially $0.22 could come into play.  Considering Dogecoin’s price has declined to $0.103, a surge to $0.14 would represent a 36% gain. Additionally, a rally to $0.18 and $0.22 would reflect a potential increase of roughly 75% and 114%, respectively.  Eric Crypto concluded his analysis by characterizing Dogecoin’s current setup as one in which “risk is defined” and “upside is asymmetrical.” The analyst also urged investors to be patient as Dogecoin navigates a prolonged downtrend and aims for a recovery.  Analyst Says Dogecoin Looks Weak, But Can Still Recover In an updated analysis, crypto expert Bitguru said that Dogecoin is currently trading within a long consolidation zone around $0.10 after suffering a sharp decline from $0.24 and a subsequent liquidity sweep. He acknowledged that Dogecoin’s price currently appears weak, indicating that selling pressure remains.  Related Reading: Dogecoin Roadblock At $0.15: Analyst Predicts The Next Major Level Despite this downtrend, Bitguru noted that holding the current consolidation base could trigger a rebound for Dogecoin. According to the analyst, if the dog-themed meme coin can hold support, it could begin a recovery toward the $0.13-$0.15 range.  On the flip side, the analyst warned that a breakdown below this support level could invalidate Dogecoin’s potential rebound. If this occurs, he stated that DOGE’s downside risk would remain open, meaning the price could slide again toward lower levels.  Featured image from Pngtree, chart from Tradingview.com

Crypto analyst Javon Marks has released a fresh update on Dogecoin (DOGE), continuing a price analysis he has consistently shared on X since earlier last year. His latest update focuses on a resistance level currently holding Dogecoin back from a 402% rally, which could trigger a move to its next bullish target.  Key Resistance Level Limits Dogecoin’s Upside Potential According to Marks, Dogecoin is holding above a key “resisting trend break” that was established following a prolonged downtrend. This level is important because the price has not fallen below it, indicating that the meme coin’s breakout structure remains intact. As long as this resistance holds, the analyst believes Dogecoin still has the potential for a significant upside move.  Related Reading: Dogecoin Roadblock At $0.15: Analyst Predicts The Next Major Level Marks has highlighted $0.6533 as the critical resistance level that stands between Dogecoin and its next price rally. The analyst has said that the meme coin’s price is currently 402% below this key resistance, suggesting that DOGE’s price can only begin a substantial upward movement if it can rally as high as that. Until then, gains will likely remain limited or short-lived. One major reason Marks believes Dogecoin’s bullish structure remains uncompromised is that the meme coin continues to form higher lows on the chart. These higher lows indicate that recent selling pressure and price declines have been unable to push Dogecoin back to previous downside levels. The analyst notes that as long as this pattern persists, a move toward the $0.6533 target could simply be a matter of time. The chart also shows that Dogecoin has already confirmed a shift in structure by forming multiple higher highs after breaking the long-term descending trendline. This combination of higher highs and higher lows is typically associated with bullish market conditions. However, price must still overcome the $0.6533 resistance to validate the meme coin’s next bullish run.  Marks has predicted that if Dogecoin successfully breaks above $0.6533, its next target could be $1.25111. In his previous analysis, the analyst consistently highlighted this target, noting each time that Dogecoin’s price was much closer to the $0.6533 resistance than it is now. This also indicates that, since his earlier updates, Dogecoin has continued to decline. Despite this prolonged correction, Marks remains confident in the meme coin’s bullish potential and its ability to cross the $1 threshold.  Dogecoin Shows Signs Of Stabilization After Recent Drop Crypto analyst Bitguru has observed that Dogecoin may be forming a base following a recent liquidity grab. He said that the cryptocurrency has been compressing near lows and printing a long consolidation range after experiencing a sharp price decline.  Related Reading: Dogecoin Price Just Confirmed A Reversal With The RSI Divergence This pattern often signals that selling pressure is fading and the market is quietly resetting. With Dogecoin now showing signs of stabilization, Bitguru’s chart shows that, once the consolidation stage ends, DOGE’s price could surge from $0.11 to $0.20. Featured image from Pixabay, chart from Tradingview.com

The Dogecoin price is facing renewed pressure as market watchers warn the meme coin may not be out of the woods yet. A crypto analyst warns that unless Dogecoin meets certain key conditions, its ongoing weakness could trigger another price crash, further extending its bearish trend.  Dogecoin Price Could Extend Downtrend Like many meme coins, Dogecoin is experiencing a major downturn after failing to break key resistance levels. This continuous rejection has kept selling pressure intact and prevented the DOGE price from building sustained upward momentum. As a result, Dogecoin’s bearish structure, which has been in place for months, shows few signs of relief. Bulls are also facing major roadblocks, leaving Dogecoin vulnerable to further declines so long as it trades below key levels.  Related Reading: What’s Going On With The US Dollar And How Does It Affect Bitcoin, Ethereum Prices? According to crypto market expert KrissPax, Dogecoin remains weak and could extend its already intense downtrend if its price fails to recover. He explained that without a solid bullish catalyst to drive the price upward, the meme coin could experience another price crash. KrissPax presented a TradingView chart showing just how far he believes Dogecoin could decline if it fails to recapture market interest and demand. Firstly, the chart highlights a higher-timeframe descending channel pattern that began after the broader market flash crash on October 10, 2025. At the time, Dogecoin recorded one of its largest single-day price crashes, falling from above $0.26 to below $0.10 before quickly recovering.  Following that steep decline, Dogecoin price remained stuck in the descending channel, with its overall structure reflecting a bearish trend. Typically, a descending channel pattern favors more downside pressure unless a decisive breakout occurs. So far, Dogecoin has made a few recovery attempts; however, its price has failed to sustain any bullish rally.  Recent price action, as shown in the chart, also indicates consolidation near the lower to middle part of the channel, with a gradual base forming around $0.12-$0.14. For now, a clear break below the lower trendline of the channel would confirm the continuation of Dogecoin’s prolonged downtrend. On the flip side, a breakout above the upper trendline of the descending channel with volume confirmation could invalidate DOGE’s bearish structure and signal a potential trend change.  Related Reading: Analyst Says Chainlink Price Could Crash 50% If This Level Fails Update On Dogecoin’s Current Price Action According to CoinMarketCap data at the time of writing, Dogecoin remains in negative territory, recording a price correction of more than 3% over the past 24 hours. Data indicates that the meme coin’s daily, weekly, and monthly price performances are in a pronounced slump. If this trend persists, Dogecoin could close January in the red, extending the downtrend that marked the end of 2025.  Beyond weak price action, Dogecoin’s total market capitalization has also declined by more than 3%. Daily trading volume remains subdued, down over 2.5%, further highlighting waning investor confidence and reduced interest in the meme coin.  Featured image created with Dall.E, chart from Tradingview.com

As the market bounces from the recent lows, Dogecoin (DOGE) is attempting to turn a crucial area back into support. Some analysts have highlighted that the cryptocurrency could be repeating its past performances, which could lead to a massive move in the coming months. Related Reading: Prediction Markets On BNB Chain Explode As Trading Volume Crosses $20B Dogecoin Repeats Its Parabolic Run Pattern Dogecoin, the largest memecoin by market capitalization, has been trading in the $0.119-$0.151 range over the past month, reaching a one-month high of $0.156 during the early January rally. DOGE retested the range lows over the weekend, holding the key $0.119-$0.120 area as support before bouncing 5% toward the current levels. Now, the cryptocurrency is attempting to reclaim the $0.1250 area to continue its recovery rally. Amid this performance, some market observers affirmed that the memecoin could be near the end of a macro consolidation. Analyst Bitcoinsensus noted that Dogecoin has followed a similar pattern to the upside during previous cycles. The chart shows that after retracing from the previous highs, the cryptocurrency has recorded a long consolidation, followed by a “parabolic run to fresh new highs, when market conditions allow it.” As the analysis noted, previous breakouts from DOGE’s long-term accumulation zones have led to 60x and 215x gains, which could signal that a bigger rally could be brewing if history repeats. Similarly, Trader Tardigrade highlighted that Dogecoin’s current performance in the weekly timeframe mirrors its Q4 2024 breakout, which led to its multi-year high of $0.484. “The structure, duration, and magnitude of the current and previous pullbacks are very similar,” he wrote on X, with a nearly 60% decline from its local highs over 19 weeks. Based on this, the analyst suggested that Dogecoin “might have completed its entire pullback and could propel itself to the next high” in the coming weeks. DOGE Price Risks Another 50% Correction Despite the bullish outlooks, market watcher TradingShot affirmed that DOGE is already deep into its new bear cycle and risks another 50%-70% pullback if selling pressure and market volatility continue. Per the post, Dogecoin is currently supported only by the 350-day Moving Average (MA), which has been holding since the October 2025 flash crash. It noted that “the 1W MA350 in particular is of the utmost importance as it held as Support during both previous Bear Cycles.” As the analysis explained, if this level breaks, the memecoin could enter the second phase of the bear cycle, which potentially targets the $0.060-0.035 zone: This either bottoms on the 0.786 Fibonacci retracement level of Doge’s historic Fib Channel Up at around $0.0600 or extends to a full -93.00% decline (as much as the previous two corrected by) around $0.03500. Related Reading: Bitcoin Price At Risk Of 50% Correction As BTC’s 2022 Bearish Playbook Repeats TradingShot also highlighted that DOGE’s bottom could be in by Q4 2026, based on the Sine Waves. “According to this, the next bottom should be around October 2026. So whatever price Doge is trading at around that time, we turn again into long-term buyers,” it concluded. As of this writing, Dogecoin is trading at $0.125, a 1.4% decline on the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Dogecoin (DOGE) is showing signs of recovery as it attempts to break out of its ongoing bearish trend. However, a crypto analyst had identified a significant roadblock at $0.15, which could determine the meme coin’s next move. According to the analyst, if Dogecoin can decisively break through this resistance, its price could move toward a more bullish target, signaling a potential shift in market momentum.  Dogecoin Faces Major Resistance At $0.15 Dogecoin is now attracting new attention as technical indicators suggest the meme coin may be preparing for a directional move after months of downside pressure. A recent analysis shared by pseudonymous market expert ‘World of Charts’ on X outlines a developing breakout structure that could define Dogecoin’s bullish trajectory.  Related Reading: Dogecoin Price Just Confirmed A Reversal With The RSI Divergence According to the expert, Dogecoin is trading near a key price area that is acting as a major barrier to further upward movement. The daily chart shows the meme coin trending lower since its record high in late 2024, with a series of lower highs and lower lows dominating price action. This decline eventually slowed as DOGE entered a tight consolidation range near the $0.122 level, highlighted on the chart with a blue horizontal box.  In his analysis, World of Charts highlighted the blue horizontal zone as a key level to watch. He noted that after Dogecoin breaks out from the horizontal box, he expects it to move above the $0.122 resistance area. Once this happens, he has stated that the meme coin will likely start a move toward the next resistance zone between $0.15 and $0.16.  As mentioned earlier, the price range between $0.15 and $0.16 has been identified as a major barrier. If Dogecoin breaks through this area, it could trigger stronger upward momentum. Currently, the meme coin has surpassed the $1.22 mark and is trading above $1.25. Maintaining a position above this level could be the key to reversing its prolonged downtrend.  Dogecoin Setup Mirrors Bullish Past Cycle Patterns In a separate analysis, Bitcoinsensus has issued a bullish forecast for Dogecoin, highlighting a recurring pattern on its price chart. According to the X post, Dogecoin’s current price action is mirroring a historical pattern that has preceded massive rallies during the 2014-2017 and 2018-2021 market cycles.  Related Reading: Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021? The pattern begins with an extended consolidation or accumulation phase followed by a sharp parabolic breakout upward. During the 2014-2017 cycle, Dogecoin recorded a massive gain of 5,858.67%, while the 2018-2021 cycle followed a similar trajectory, with prices surging over 21,457.13%. With this pattern now emerging in the current cycle, Bitcoinsensus predicts that Dogecoin will be on the verge of a similarly powerful rally. The projection estimates a potential gain of 3,146.88%, suggesting a possible rise from $0.125 to above $3.  Featured image from iStock, chart from Tradingview.com

Dogecoin’s price action on the daily timeframe is starting to show early signs that the downtrend may be losing momentum. The king of meme coins has been trading with months of declining price movement, but technical analysis shows it is now printing a technical setup that might become a turning point.  A developing double-bottom structure combined with a clear RSI divergence is shifting attention back to the possibility of a reversal, even as Dogecoin’s price action is compressed near long-term support around $0.12. RSI Divergence Shows Weakening Bearish Momentum The most notable development comes from the Relative Strength Index on the daily chart. Technical analysis shows that while Dogecoin’s price is now revisiting the same support region around the $0.12 zone, the RSI failed to make a new low. Instead, it formed a higher low, which created a bullish divergence between momentum and price.  Related Reading: The Macro Wave 5 Move THat Could Trigger 3,000% For Dogecoin Price This divergence shows that sellers are no longer pushing price lower with the same strength seen earlier in the downtrend. This development is notable because similar RSI behavior has often preceded relief rallies for Dogecoin when paired with strong structural support. Furthermore, Dogecoin’s price action appears to be creating a double bottom along the lower boundary of a descending channel, as shown in the chart below. This type of structure is pointing to exhaustion on the sell side behind the scenes. The longer Dogecoin’s price holds above this base, the stronger the argument becomes that accumulation is taking place. The reversal outlook is based on whether Dogecoin can reclaim and hold above $0.16. A confirmed move above it would validate the RSI divergence and double bottom, although it won’t be until Dogecoin is able to break above $0.31 that the real rally will begin. Fractal Points To An Incoming Expansion Technical analysis of Dogecoin’s higher-timeframe chart introduces a compelling historical parallel that sees the memecoin pushing well above $0.31. Particularly, Dogecoin is printing a fractal on the weekly candlestick chart that looks like one that preceded a 331% breakout in late 2024.  Related Reading: Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021? In that prior instance, Dogecoin spent months grinding lower, formed a rounded basing structure, and then launched into a near-vertical move once momentum flipped. The current structure shows a similar rounded recovery attempt followed by a controlled pullback into long-term support. At the time of writing, Dogecoin is trading at $0.1221. As shown in the chart below, the current price action is now sitting at the base of what could be the next vertical leg higher if the fractal continues to play out as expected. Although there is still a need for confirmation, these analyses indicate that Dogecoin may be transitioning out of its corrective phase and positioning for a much larger move ahead. Featured image from Peakpx, chart from Tradingview.com

Dogecoin is potentially following a Falling Wedge right now, and this cryptocurrency analyst thinks a breakout from it may be a “powerful” one. Dogecoin Could Be Trading Inside A Falling Wedge Pattern In a new post on X, analyst Ali Martinez has shared a Falling Wedge that Dogecoin is potentially trading inside on the weekly timeframe. A “Wedge” is a pattern from technical analysis (TA) that forms whenever the asset’s price trades between two converging trendlines. A “Triangle” consolidation channel also involves converging trendlines, but the difference from a Wedge is that it either involves one trendline that’s horizontally flat or trendlines that converge with an opposite slope. On the other hand, a Wedge involves trendlines sloped in the same direction. Related Reading: Bitcoin Supply Overhang Likely To Cap Rallies Above $98,400, Glassnode Says When these lines point in the up direction, the pattern formed is known as a Rising Wedge. Similarly, their being sloped downward creates a Falling Wedge. The latter is the Wedge of interest in the current discussion. Like other consolidation patterns in TA, the upper line of a Falling Wedge is also likely to be a source of resistance, while the lower one is that of support. A breakout of either of these bounds can signal a sustained move in that direction. Wedges are generally considered to be either continuation or reversal patterns, depending on the prevailing price trend. When a Falling Wedge is preceded by an upward price trajectory, the pattern is assumed to be one pertaining to a bullish continuation. Similarly, it acts as a reversal pattern during a downtrend. Now, here is the chart shared by Martinez that shows the Falling Wedge that Dogecoin has been stuck inside for the past year: As displayed in the above graph, Dogecoin’s weekly price has retraced to the lower level of the Falling Wedge recently, suggesting the pattern’s support is being retested. In the same chart, the analyst has highlighted some Falling Wedges that Dogecoin traveled through in the past. It would appear that each of these ended up holding as bullish continuation patterns and led to upward breakouts. In terms of the width, the latest Wedge has been the largest among these. Related Reading: Bitcoin Sentiment Whiplash: Mood Sours From Greed To Extreme Fear In Days “Dogecoin $DOGE tends to respect wedge structures, and a breakout from this one could be powerful,” noted Martinez. It now remains to be seen whether the support line of the channel will hold for the memecoin this time and if a breakout will follow. DOGE Price At the time of writing, Dogecoin is floating around $0.125, down more than 9% over the last seven days. Featured image from Dall-E, chart from TradingView.com

21Shares has announced the launch of the first spot DOGE Exchange-Traded Fund (ETF) backed by the Dogecoin Foundation, aiming to offer investors regulated, physically backed access to the largest memecoin by market capitalization. Related Reading: Bitcoin To $80,000? Analyst Warns Of Potential Free Fall As BTC Erases 2026 Gains Dogecoin Goes From Memecoin To Wall Street On Wednesday, financial services company 21Shares announced the launch of its 21Shares Dogecoin ETF (TDOG) on Nasdaq to provide “a new way to gain physically-backed DOGE exposure in traditional portfolios.” According to the announcement, the firm’s DOGE ETF is the only investment product of its category to be officially endorsed by the Dogecoin Foundation, the nonprofit organization dedicated to supporting the ecosystem’s development. Notably, two other spot DOGE ETFs are live: Grayscale’s GDOG and Bitwise’s BWOW. As reported by NewsBTC, the funds debuted in late November, becoming the first DOGE ETFs in the US market. TDOG’s launch builds on 21Shares’ collaboration with the House of Doge, the corporate arm of the foundation supporting the ecosystem, to create new opportunities across the Dogecoin ecosystem. The newly launched product will offer investors direct exposure to DOGE through a fully backed, transparent, and exchange-traded vehicle, holding the asset on a 1:1 basis in institutional-grade custody. Regarding its decision to launch a DOGE ETF, 21Shares affirmed that the memecoin “captures the spirit of internet culture and continues to evolve in our digital economy.” Moreover, the firm argued that it has “helped onboard many new users to crypto, and for many people, this may serve as their first step into crypto.” Federico Brokate, 21Shares’s Global Head of Business Development, stated that “Dogecoin is a unique asset with a global community and expanding real-world use cases,” adding that “TDOG offers investors regulated, physically backed exposure to DOGE through an ETF structure they already understand and trust.” DOGE Prepares For New Rally Analyst Bitcoinsensus suggested that the leading memecoin “could be on for a massive rally to the upside” based on its performance throughout this cycle. The market watcher explained that the cryptocurrency has been experiencing “mini cycles” since 2023, which have led to “bigger and bigger rallies.” According to the chart, after its late 2022 pump, Dogecoin consolidated within a tight range before a 190% breakout in early 2024. Similarly, the memecoin repeated the same pattern throughout 2024, accumulating for months before a 480% breakout at the end of that year. Now, DOGE has been consolidating within the $0.125-$0.280 price range for nearly a year, leading the analyst to believe that a breakout towards a higher target near the $0.750 level is possible. Meanwhile, Trader Tardigrade also suggested that Dogecoin may be preparing for a massive breakout as it appears to be following its performance between late 2022 and 2024. Related Reading: BitMine’s Ethereum Holdings Near 3.5% Supply Milestone As ETH Falls Below $3,000 At the time, the cryptocurrency had apparently bottomed out but ultimately recorded another local low before reversing. Based on this, the analyst affirmed that the memecoin “might see a slightly lower low” in the coming weeks, before the next massive surge occurs. As of this writing, Dogecoin is trading at $0.1249, a 1.75% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Dogecoin price has returned to a level that should be watched closely for long-term price action, as multi-year chart structures begin to resemble conditions that preceded its last historic rally.  Still spending years correcting from its 2021 peak, Dogecoin is now trading inside a well-defined accumulation zone on the higher time frame, according to a new technical analysis shared by Crypto Patel on X. The analyst noted that this phase may be setting the stage for a macro Wave 5 expansion that takes the meme coin to new price highs, provided important support levels continue to hold. Dogecoin Sitting In High-Timeframe Accumulation Zone Technical roadmap on the 2-week candlestick timeframe chart breaks Dogecoin’s price action after the 2021 price high into Elliott Wave phases. Wave 1 and Wave 2 are marked as complete, followed by a strong Wave 3 advance that topped around $0.48 in December 2024. Since then, DOGE has entered a Wave 4 corrective phase, forming a descending channel that has guided price lower for over a year without invalidating the broader bullish structure. Related Reading: Why The Dogecoin Price Could Outperform Bitcoin Again This descending channel is important to this technical analysis. Similar corrective behavior appeared just before Dogecoin’s last major expansion in 2021, where the price consolidated for an extended period before breaking upward decisively.  Dogecoin is now trading inside a high-timeframe demand zone that acted as the base for its 2020 to 2021 parabolic rally. This area sits just above a long-term horizontal support level that has held firm for an extended period, including through the depths of the 2022 bear market.  According to the analyst, this region between $0.115 and $0.09 is a clear zone of sustained accumulation, where buying pressure has consistently prevented deeper breakdowns. Wave 5 Targets Multi-Year Expansion Path If the accumulation zone continues to hold and the price breaks out of the descending channel, then the next projection is the playout of a Wave 5 impulse move. Crypto Patel’s mapped targets for this phase start around $0.28, followed by higher extensions at $1, $2, and ultimately $4.  Related Reading: Dogecoin Is Breakout Ready: Analyst Shows Major Target For The Meme Coin King At the time of writing, Dogecoin is trading at $0.1247. Therefore, from current levels, that final target of $4 would represent a move of over 3,100%. However, this is small compared to the magnitude of Dogecoin’s previous macro expansion of 26,800% in the previous cycle. On the other hand, the analysis noted that invalidation is also well defined. A weekly close below $0.06 would break the higher-timeframe structure and invalidate the Wave 5 thesis. Until then, the technical analysis suggests Dogecoin is in a compression phase where downside risk is increasingly defined, but upside expansion into new price highs is possible if Dogecoin embarks on the final impulse of the cycle. Featured image from Getty Images, chart from Tradingview.com

Comparing Dogecoin to NVIDIA may seem illogical at first. One is a speculative digital asset rooted in internet culture, while the other is a leading equity in the AI and tech sector. However, a chart shared by cycle analyst @Cryptollica reframes the comparison by stripping away narrative and focusing on capital flows. Rather than asking which story is more compelling, it examines how money has historically rotated between established market leaders and high‑risk assets as cycles mature. What The Dogecoin—NVIDIA Chart Is Showing Investors The chart posted by Cryptollica tracks the DOGE-to-NVIDIA ratio across multiple market cycles, emphasizing relative performance rather than absolute price. This perspective matters because it highlights where capital has generated the highest marginal returns over time. Historically, the ratio has moved within a clearly defined downward channel, with major turning points occurring when the price reaches the lower boundary of that structure. During both the 2017 and 2021 cycles, the ratio compressed into this same support area. In each case, NVIDIA had already realized significant upside, while Dogecoin remained heavily discounted in relative terms. What followed was not a breakdown in NVIDIA’s price, but a period where Dogecoin significantly outperformed as speculative capital rotated back into higher-risk opportunities. The current structure mirrors those earlier conditions. The ratio is again testing long-term support, signaling a familiar imbalance: extended gains already priced into NVIDIA, and suppressed relative value in Dogecoin. In previous cycles, this setup preceded sharp shifts in relative performance as liquidity began favoring assets with greater upside sensitivity. What A Rotation Environment Means For Dogecoin The pattern highlighted by the chart centers on rotation rather than decline. When leading trades lose momentum, capital typically stays within the market and seeks higher beta exposure. Historically, Dogecoin has benefited during these transitions, serving as a vehicle for speculative flows once dominant growth assets reached saturation. This does not imply weakness in NVIDIA’s underlying fundamentals. Its valuation remains tied to sustained AI-driven growth expectations. Dogecoin, however, operates under a different dynamic, driven largely by sentiment and liquidity conditions. When markets move from concentration into dispersion, assets like DOGE have previously delivered outsized percentage gains. The chart suggests that a similar environment may be forming again. At comparable points in past cycles, Dogecoin outperformed after NVIDIA-like leaders had already completed their primary expansion phase. If the ratio holds its historical support, the data points to a renewed window where DOGE could outperform on a relative basis. Rather than predicting hype-driven rallies, the chart highlights a recurring structural relationship between capital leaders and speculative assets. Whether the pattern repeats will depend on liquidity and risk appetite, but the setup reflects a consistent historical behavior that has appeared more than once across market cycles. Featured image created with Dall.E, chart from Tradingview.com

The cryptocurrency market has shown choppy and uneven momentum in the past week. Bitcoin’s price recently climbed to an eight-week high above $97,000, but it has since retraced to trade around the low $90,000s. Dogecoin’s movement has mirrored this mixed mood. A brief rally lifted it close to resistance around $0.15 last week, but the meme coin has since slid back below $0.13, weighed down by profit-taking among investors. Against this backdrop of consolidation and short-term corrections, technical analysis shared recently by a crypto analyst on X highlighted a setup in the BTC/DOGE cross-pair chart that shows Dogecoin is going to outperform Bitcoin if current technical patterns play out as expected. BTC vs DOGE: What the Technicals Suggest Technical analysis of the BTCUSDT/DOGEUSDT chart shows the two crypto heavyweights trading in an ascending channel that has repeatedly tested its upper boundary without a convincing breakout, a sign that the uptrend may be weakening. In technical trading frameworks, failure to sustain momentum at resistance often precedes a reversal.  Related Reading: Dogecoin Price Is Following This Bullish Signal With A Major Target In this case, the declining slope of recent attempts to push higher in the BTC/DOGE ratio indicates that Bitcoin may be losing relative strength to Dogecoin in the short term. As it stands, the BTC/DOGE pair looks like it is now rejecting at the upper boundary of this ascending channel, and the next move is a push downwards. This interpretation of the ratio doesn’t comment on the absolute price of both cryptocurrencies but only the performance comparison of the two assets. If the ratio breaks down below the channel’s lower trendline, then it could be interpreted as a signal that Dogecoin is gaining relative performance against Bitcoin, and this could cause crypto traders to reallocate capital into the relatively stronger asset. What Dogecoin Outperforming Bitcoin Might Look Like Bitcoin’s price action over the past several days has been defined by volatility around the mid-$90,000 level. Easing inflation fears and the United States Supreme Court declining to rule on international trade tariffs helped lift BTC close to $97,000 last week. However, the leading cryptocurrency is now back to trading around $93,030 at the time of writing. Related Reading: Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021? Meanwhile, Dogecoin’s trajectory has matched Bitcoin’s price action and the wider crypto market trend. DOGE faced rejection following spikes to resistance around $0.15, which prompted a slide back to $0.127, just below the $0.13 price level that has acted as a support in recent months. If the technical prediction on the BTC/DOGE ratio unfolds as anticipated, the outperformance by Dogecoin against Bitcoin could play out in many ways. The outperformance could appear not necessarily as DOGE exploding upward in isolation, but also as DOGE holding stronger or falling less than Bitcoin during corrections. Featured image from Getty Images, chart from Tradingview.com

The Dogecoin Relative Strength Index (RSI) is said to have entered historical oversold levels. This has raised the possibility that the foremost meme coin could repeat its parabolic rally in the 2021 bull cycle.  Dogecoin Eyes Parabolic Rally As RSI Enters Oversold Levels Crypto analyst Cryptollica has indicated that the Dogecoin price could record another parabolic rally as the RSI enters oversold levels. In an X post, the analyst noted that this is the fourth time in 12 years that the DOGE RSI has been this oversold, and that every time this has happened, it has been life-changing.  Related Reading: Dogecoin Price Is Following This Bullish Signal With A Major Target Cryptollica further remarked that the drop in Dogecoin’s RSI to this low has always been an “epic buying opportunity” and that those who loaded up made insane gains. In line with this, the analyst remarked that this is another massive opportunity. Meanwhile, Cryptollica alluded to previous times when the RSI dropped this low, including during the last cycle bottom, when DOGE dropped to $0.5.  Dogecoin rallied to a new all-time high (ATH) of $0.74 after bottoming at $0.05, recording massive gains in the process. Cryptollica noted that these setups don’t come often and urged market participants not to miss this one. His accompanying chart suggested that DOGE could rally to the psychological $1 level this time around, marking a new ATH for the foremost meme coin.  DOGE Mirroring Past Accumulation Pattern In another X post, Cryptollica highlighted a similar DOGE/BTC pattern between the 2014-2017 and 2021-2026 accumulations. The analyst stated that the structure is identical and assured that the bleed against Bitcoin is not “death” but the necessary energy compression before the rotation. Cryptollica added that when the green line breaks, risk appetite changes instantly.  Related Reading: Dogecoin Price On The Brink Of A 9,000% Rally To $10? What Historical Performance Shows Meanwhile, Cryptollica declared that the fractal was loading, with Dogecoin set to be the heartbeat of the altcoin cycle. The analyst claimed that this is the final stage of a multi-year compression against Bitcoin. This historically leads to a specific volatility squeeze that precedes a massive capital rotation from BTC to altcoins.  Crypto analyst Bitcoinsensus raised the possibility of a Dogecoin rally to $0.70, which could be near. This came as the analyst noted that DOGE has been moving in a nice way up throughout this entire bull cycle. This is said to be evident in the mini cycles, with the foremost meme coin tapping the dotted line, followed by a slow retrace. Based on this pattern, Bitcoinensus noted that DOGE could soon target the $0.70 range if the strong momentum in the crypto market returns.  At the time of writing, the Dogecoin price is trading at around $0.137, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Trader Tardigrade has revealed that the Dogecoin price is following a bullish signal, which could lead to a rally above the $0.15 level. This comes as the crypto market rebounds, with Bitcoin rallying to a new yearly above $97,000.  Dogecoin Price Eyes Rally Above $0.15 With This Bullish Signal In an X post, Trader Tardigrade hinted that the Dogecoin price could rally above $0.15 after rebounding from the Kumo support, which was exactly what the bullish signal flagged. The rebound comes amid the broader crypto market rally, with major crypto assets also recording significant gains as Bitcoin rallies above $97,000, with the psychological $100,000 level now in sight.  Related Reading: Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming In another X post, Trader Tardigrade revealed that the Dogecoin price has formed a bull flag on the weekly chart and is now targeting the $0.195 price level. This will bring the leading meme coin close to the psychological $0.2 level, with a break above it paving the way for new local highs.  Crypto analyst Crypto Tony highlighted the $0.154 level as being critical for the next leg up for the Dogecoin price. His accompanying chart showed that reclaiming this level would spark a rally above $0.16. One factor that could contribute to this bullish run for the foremost meme coin is renewed inflows into the Dogecoin ETFs.  SoSoValue data shows that these Dogecoin ETFs still recorded zero flows on January 14 despite the rebound in the Dogecoin price. However, this could change soon, as these funds notably saw increased demand at the start of the year, when DOGE rallied to as high as $0.15, making it one of the best-performing crypto assets among the top 10 coins by market cap.  What’s Next For DOGE As It Targets New Highs In an X post, crypto analyst Kevin Capital stated that a successful retest followed by a new local high will be further evidence that the corrective phase for the Dogecoin price has ended. This came as he noted that DOGE, like BTC and many other altcoins, has since come back and successfully tested its key 4-hour MAs after breaking out of them, attempting to end its major corrective phase. The analyst added that a new high would be a break of $0.157.  Related Reading: Here’s Why The Bitcoin, Ethereum, And Dogecoin Prices Are Surging Today Meanwhile, crypto analyst Bitcoinsensus has suggested that the Dogecoin price could rally to as high as $4.5 if DOGE is repeating its macro cycle pattern. The analyst noted that so far this cycle, the meme coin has maintained its ground and has mainly been moving sideways. As such, it remains to be seen if this cycle can be as explosive as the last ones.   At the time of writing, the Dogecoin price is trading at around $0.143, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

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 (DOGE) is attempting to hold a crucial area as support after recording a 3.2% drop in the daily timeframe. Despite this, an analyst suggests that the leading memecoin is preparing to reclaim a key resistance level lost during the Q4 2025 pullbacks. Related Reading: XRP Named The ‘New Cryptocurrency Darling’ After Strong Start Of The Year Dogecoin Q1 Momentum Builds Dogecoin has seen a remarkable start to the year, recording a 21% jump from its yearly opening price of $0.117. Amid the recent market recovery, the cryptocurrency reclaimed a crucial price area and hit an eight-week high of $0.156 this Tuesday. Notably, the largest memecoin by market capitalization had retraced more than 50% from its Q2 2025 highs and was in a downtrend until last week’s price breakout. Amid this performance, market observer Trader Tardigrade highlighted a pair of Tweezer candlesticks on the monthly chart, which could suggest a bullish reversal is taking place. DOGE “has nearly recovered last month’s losses in just 8 days,” he explained, which signals that “clearly, bullish momentum is building up.” Notably, the analyst recently noted that DOGE has broken out of a bullish pattern, “showing strong upward momentum.” According to the chart, the cryptocurrency displayed a three-month falling wedge in the three-day chart. Following the recent price surge, Dogecoin was able to breach the pattern’s upper boundary, signaling an initial jump to the $0.140-$0.150 area. The trader highlighted that the memecoin displayed a similar performance during his 2024 rally, moving within a multi-month falling wedge before breaking out and kicking off a remarkable performance. If DOGE repeats its previous performance, the price could retrace briefly to retest the breakout area as support before the next major surge, the market watcher added. He also pointed out that after breaking out of the daily trendline, the cryptocurrency appears to be forming a bullish pennant in the one-day chart. A breakout from this pattern would lead to a 40% move toward the $0.20 area, lost during the early Q4 pullbacks. However, DOGE’s price needs to close the day above the $0.142 area to hold the formation. DOGE’s Rally In Danger? Despite the bullish outlooks, analyst Ali Martinez affirmed that Dogecoin is “hanging by a thread.” In a Thursday post, the market watcher emphasized that the cryptocurrency is trading within a crucial support zone between the local lows of $0.118 and the recent highs. If the memecoin’s momentum doesn’t hold and the price loses this key zone, it could risk a more than 40% retrace. According to the UTXO Realized Price Distribution (URPD) metric cited by Martinez, the next major support is around $0.073, where over 28 billion DOGE tokens were previously exchanged. Related Reading: Bitcoin At A Crossroads: $93,500 Reclaim Holds The Key For Next Move The analyst has recently pointed out that cryptocurrency’s price is seemingly on track to retest the $0.08 level after breaking out of a multi-year ascending channel. The chart shows that Dogecoin traded within an ascending channel on the three-day chart since 2023. However, the late 2025 corrections saw the memecoin lose the lower boundary of the ascending channel, potentially painting a concerning picture for its price if long-term bearish momentum continues. As of this writing, Dogecoin is trading at $0.142, a 14.55 increase in the weekly timeframe. Featured Image from Unsplash.com, 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

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

After a difficult end to 2025, the altcoin market looks set to take the lead in the new year, being the most significant beneficiary from the recent post-holiday rally. Dogecoin, the largest meme coin by market capitalization, has jumped by nearly 24% since the turn of the year. According to the latest on-chain data, the price of Dogecoin appears to be in a critical region at the moment. The relevance of this zone suggests that the meme coin may be merely at the start of an extended upward trend over the next few months. Is It Time To Buy DOGE?  In a January 3 post on X, Alphractal CEO and founder Joao Wedson said that Dogecoin has entered its most important accumulation zone. This on-chain observation is based on the recent changes in the CVDD (Cumulative Value Days Destroyed) Channel. Related Reading: Bitcoin Sharpe Ratio Flips Into Negative Territory— Is The Recovery Back On? For context, the CVDD Channel is an on-chain indicator that tracks the volume of aged capital being sent into the market (Dogecoin, in this case). This metric is typically used in highlighting zones of long-term support or resistance based on the movement of aged coins on-chain. Wedson highlighted in his post that the CVDD channels depend on Fibonacci-based levels on top of the CVDD curve. This metric creates historical value zones where price tends to react; with the blue CVDD lines, for instance, acting as strong structural support for the price of Dogecoin. As observed in the chart above, DOGE’s recent surge to around $0.15 came after its price bounced from the first blue level. In essence, these lower blue levels have historically proven to be good support cushions for the Dogecoin price. According to Wedson, the lower CVDD Fibonacci zones often coincide with long-term accumulation phases for Dogecoin. Hence, it might be time to accumulate the meme coin, especially as its price is wedged within the blue CVDD zones. Dogecoin Price Outlook 2026 As of this writing, the price of DOGE stands at around 0.1415, reflecting an over 2% jump in the past 24 hours. A broader look at the chart shows that Dogecoin seems to be heating up at the moment. According to data from CoinGecko, the meme coin’s value has increased by more than 15% in the last seven days.  Related Reading: XRP Under $2? One Of The ‘Greatest Blessings’ We’ll See In Our Lifetime, Analyst Says Following its red-hot action to kickstart the new year, the price of Dogecoin looks set for a positive run in 2026. Moreover, the altcoin market is being tipped to outperform Bitcoin this year. Hence, a renewed bullish momentum and a long-overdue altcoin season could have the DOGE price reaching new highs in 2026. Featured image from iStock, chart from TradingView

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

A cryptocurrency analyst has pointed out how Dogecoin could be on track for $0.08 based on this breakout from a consolidation channel. Dogecoin Has Fallen Under An Ascending Channel In a new post on X, analyst Ali Martinez has talked about where Dogecoin could be heading based on a technical analysis (TA) pattern. The pattern in question is an “Ascending Channel,” which is a type of Parallel Channel. Related Reading: Bitcoin Cycle Defined by Demand, Not Price: CryptoQuant Head Says Parallel Channels appear whenever an asset’s price observes consolidation between two parallel trendlines. When these lines have a positive slope, the pattern is known as an Ascending Channel. This channel corresponds to consolidation that occurs toward some net upside. Like other such patterns in TA, the upper line acts a source of resistance, while the lower one provides support. A break out of either of these boundaries can signal a continuation of trend in that direction. This means that a surge above the channel may be a bullish signal, while a drop under it a bearish one. Like the Ascending Channel, there is also a pattern in TA called the Descending Channel, emerging when the opposite type of consolidation takes place. That is, when the price moves to a net downside between two parallel trendlines with a negative slope. Until recently, Dogecoin had been trading inside a multi-year Ascending Channel on the 3-day timeframe. The memecoin capped off 2025 with a breakout from it, as the chart shared by Martinez shows. From the above graph, it’s apparent that Dogecoin has escaped the long Ascending Channel with a fall below the support trendline. The memecoin has since been following a steep downward trajectory, a potential sign that the bearish breakout is in effect. Breakouts from Parallel Channels are considered likely to end up being of the same height as the distance between the trendlines. Based on this, the analyst has put the $0.08 target for DOGE. It now remains to be seen whether the asset will follow this trajectory or if it will see a rebound before long. Related Reading: XRP At Risk Of A Drop To $0.80? Analyst Makes The Case In another X post, Martinez has highlighted how Bitcoin, the number one cryptocurrency, has also been trading inside a TA consolidation pattern recently. As displayed in the chart, the pattern in the case of Bitcoin is a Symmetrical Triangle, a channel that involves two lines converging at a roughly equal and opposite slope. BTC’s 4-hour price has been moving sideways in this pattern recently and based on its height, the analyst thinks that the coin may be set up for a 15% move. DOGE Price At the time of writing, Dogecoin is floating around $0.13, up more than 8% over the last 24 hours. Featured image from Dall-E, 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

After the latest market pullback, Dogecoin is attempting to hold a crucial support area to open the door for a recovery rally. However, some analysts have suggested that the cryptocurrency’s bleeding may not be over and a move to lower levels looms. Related Reading: Bitcoin Poised For ‘Boring’ 2025 Close – Here’s When BTC’s Real Test Will Come Dogecoin Chart Signals Short-Term Caution On Friday, Dogecoin saw another 4.2% intraday decline to from the $0.126 area amid the ongoing market volatility. The cryptocurrency has retraced over 50% from the early October highs, losing multiple key support zones in the past two months. After losing the $0.135 level nearly two weeks ago, DOGE has been the $0.120-$0.135 price range, failing to break past the range’s high despite various attempts. Now, the largest memecoin by market capitalization is attempting to hold the crucial $0.120 support zone to prevent further bleeding. Therefore, some market observers have advised caution during the last week of the year. In an X post, analyst More Crypto Online affirmed that Dogecoin “is still a falling knife” as it appears that its corrective move is not done yet. “There’s no evidence that wave B has bottomed,” he explained, which suggests that a 20% drop toward the next key supports, the $0.096 and $0.08 levels, could be likely. Per the post, “Caution is recommended until the price shows a first micro 5-wave move to the upside.” Similarly, analyst Crypto Jobs warned that investors should stay cautious as Dogecoin does not display a bullish reversal structure and has weak buying volume, unlike multiple other altcoins. He explained that momentum is bearish despite holding the key $0.12 level, adding that, as long as DOGE’s price stays under the $0.14-$0.15 area, bulls won’t be in control and the bearish set up and downtrend structure will remain intact. No buy pressure at the moment, without volume. No bull structure… Under the main downtrend & channel, seeing another dump toward the $0.100 – $0.09500 lower support looks realistic. Sideway phase ongoing on the short term [H4 outlook]. We may also see some bullish move before a possible next wave downward. DOGE’s Price Breakdown Imminent? Market watcher BitGuru considers that DOGE’s deep correction is completed. He pointed out that the cryptocurrency is currently sitting in a major demand zone, between the $0.120-$0.130 levels, where liquidity has already been swept. Based on this, he forecasted that a reclaim of the late November levels could set the stage for a recovery rally toward the $0.18 resistance. On the contrary, failing to hold the current levels would hint that Dogecoin will continue in a prolonged consolidation phase. Meanwhile, Trader Tardigrade highlighted that the cryptocurrency’s price has reached the target of its previous symmetrical triangle pattern after breaking down from the formation earlier this month. Related Reading: More Pain For Ethereum? Head And Shoulder Pattern Signals $2,400 Breakdown Now, Dogecoin is forming a new pattern and “searching for a new trend,” he added. According to the trader, DOGE has been forming another symmetrical triangle pattern on the H4 chart over the past two weeks, which could resolve in a 15% move toward a bearish or bullish trend. Notably, Friday’s pullback sent the cryptocurrency below the pattern’s lower boundary, which sits around the $0.123 mark, signaling that a drop toward the $0.10-$0.11 area is possible if price doesn’t bounce soon. As of this writing, Dogecoin trades at $0.122, a 7.3% decline in the weekly timeframe. Featured Image from Unsplash.com, 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