Sergey Diakov
Dogecoin (DOGE) appears ready to make another big move. The meme coin is forming a multi-year structure that mirrors its setup from 2020—right before the explosive rally that pushed prices above $0.70 in 2021. The chart pattern suggests $DOGE could be entering an accumulation phase that historically precedes major upward movements.
If this pattern holds, Dogecoin might be preparing for its next significant run as market momentum gradually returns.
Technical Structure Points to Accumulation
According to trader Mags, the chart tracks Dogecoin's price from 2021 through a projected timeline into 2026, showing the familiar cycle of crypto assets: sharp rally, extended correction, and base-building phase. After hitting nearly $0.74, $DOGE spent more than two years consolidating between $0.05 and $0.20—a range that now serves as long-term support. Since then, the price has been climbing steadily with higher lows, often a sign that both institutions and retail traders are accumulating.
Several key levels stand out: primary support sits between $0.15 and $0.18, marking the current accumulation zone. Intermediate resistance appears near $0.33, where Dogecoin has previously stalled before breaking higher. The psychological barrier remains at $0.73–$0.75, matching the previous all-time high. Based on the light-blue trend projection on the chart, $DOGE could potentially target $1.00 if momentum builds through 2026.
This pattern suggests Dogecoin may be repeating its historical behavior—transitioning from years of sideways movement into a strong recovery that could spark a new bull cycle.
Echoes of Past Bull Runs
Today's chart structure closely resembles what happened before the 2021 breakout: extended sideways trading, low volatility, declining volume, followed by steady accumulation. Both periods featured a tightening price range that typically comes before a volatility spike. Once Dogecoin breaks through mid-range resistance, it tends to accelerate quickly—fueled by renewed excitement and viral attention. The chart's projection suggests this could happen again, with prices potentially pushing past $0.70.
Broader Market Tailwinds
Several factors beyond the technicals support a potential Dogecoin rebound. Risk appetite across crypto markets is gradually improving, bringing renewed interest to established assets like DOGE. Ongoing speculation about Dogecoin integration into X (formerly Twitter) payments continues to generate buzz. Additionally, the upcoming Bitcoin halving could boost liquidity and sentiment across altcoins, especially high-volatility tokens like Dogecoin.
Sergey Diakov
