TLDR
- Dogecoin’s price structure shows a steady ascending channel since 2023.
- Key support lies between $0.16 and $0.19, a zone that has triggered rallies.
- A breakout above $0.80 could open a path toward $1.20–$1.50 by late 2026.
- RSI and cycle analysis indicate Dogecoin may be entering an expansion phase.
Dogecoin’s (DOGE) market structure appears to be strengthening again, as technical indicators point toward a potential breakout phase. The meme-inspired cryptocurrency has maintained a consistent pattern of accumulation and expansion over the past two years. Analysts observing its long-term charts see familiar signals that previously preceded major rallies.
Dogecoin Builds Strong Support Around $0.17–$0.19
Dogecoin price activity shows a clear ascending channel that has guided its movement since mid-2023. Every dip toward the lower blue trendline between $0.17 and $0.19 has historically triggered strong rebounds. This pattern, visible across multiple timeframes, suggests that long-term holders continue to defend these zones, reinforcing the idea of steady accumulation.
DOGE/USD 2W Chart | Source: X
The Relative Strength Index (RSI) has also mirrored this pattern. Each time RSI levels dropped near the 40–45 range, Dogecoin price found its base before reversing upward. Peaks close to 80 have historically marked the end of short-term rallies, signalling cyclical momentum shifts. At present, RSI appears to be recovering again, a move that often precedes sharp price expansions.
The Chart Suggests a Multi-Year Expansion Phase
Moreover, the broader view places Dogecoin within a long-term ascending structure that began forming after its 2022 correction. The pattern reveals a widening wedge, where each cycle of consolidation has been followed by increasingly larger rallies. Price levels around $0.14–$0.16 have acted as a long-term support floor, often serving as the base for new market cycles
DOGE/USD 1M Chart | Source: X
Dogecoin’s projected trajectory points toward a retest of the $0.75–$0.80 resistance region, which aligns with prior 2024 highs. If momentum builds, analysts believe the price could extend further toward $1.20 or even $1.50 over the next 12–18 months. Such a move would mirror the cyclical expansion observed in earlier bull phases, where sustained momentum triggered parabolic growth.
Momentum Indicators Align with Market Cycle Rhythm
Consequently, technical signals across oscillators and trendlines suggest that Dogecoin may soon enter its next rally phase. The RSI’s rebound and consistent channel support reflect improving sentiment and reduced selling pressure. Many traders are watching for a clear breakout confirmation, typically a decisive close above $0.30, which could signal the start of a new expansion cycle.
Additionally, macro conditions may strengthen this setup. Historically, Dogecoin’s large rallies have coincided with periods of Bitcoin stability and renewed liquidity in altcoin markets. Should Bitcoin sustain its bullish structure, DOGE may follow suit. Market observers note that the green rally zone on recent charts highlights the area where acceleration could occur, resembling the early 2021 run that propelled Dogecoin into mainstream attention.
Long-Term Structure Points Toward 2026 Upside
Ultimately, Dogecoin’s long-term formation remains intact, suggesting that it is preparing for another upward phase. As long as price action holds above key trendline supports, the technical structure favors continuation toward the $1 region by late 2025 or early 2026. The setup indicates growing market maturity, with volatility gradually narrowing before potential expansion.
Still, the trend’s integrity relies heavily on maintaining those lower support levels. A breakdown below $0.16 could delay the rally, extending the accumulation period before the next impulsive move. For now, though, both price and momentum data suggest that Dogecoin’s recovery cycle is alive and building strength, a pattern that could make the next 18 months pivotal for DOGE investors.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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