Usman Salis
Dogecoin just flashed a signal that's made fortunes before. The setup looks eerily familiar: years of consolidation followed by a decisive breakout that changes everything.
The Three-Wave Cycle That Defines DOGE
According to analysis from EᴛʜᴇʀNᴀꜱʏᴏɴᴀL, DOGE is kicking off its third major bull wave - the same pattern that drove its legendary runs in 2017 and 2021.
Here's how the pattern works:
- Wave 1 (2017): DOGE broke out after years of sideways action, delivering massive gains to early believers
- Wave 2 (2021): The peak cycle that sent DOGE to $0.70 and made headlines worldwide
- Wave 3 (Now): Price is reclaiming key levels and breaking multi-year resistance, setting up for what could be the biggest move yet
What the Charts Are Screaming
Right now, DOGE is trading around $0.26 and showing all the classic breakout signals. The coin is holding above its 25-month moving average - a critical line in the sand for long-term bullish momentum. More importantly, it just smashed through a descending trendline that's been capping price for years, exactly like it did before the previous two explosive rallies.
The technical setup is textbook. DOGE has that same coiled spring energy that preceded its monster runs. When memecoins start breaking multi-year patterns, smart money pays attention.
Dogecoin isn't just another altcoin anymore. It's the undisputed king of memecoins, and when retail investors come back to crypto, they head straight for DOGE. The broader market is heating up again, and speculative money always flows to the coins with the biggest recognition and wildest potential moves.
Market cycles in crypto are brutally predictable. Altcoin seasons happen, and when they do, DOGE typically leads the charge. With fresh liquidity entering the space and risk appetite returning, the conditions are perfect for another parabolic move.
Usman Salis
