Dogecoin (DOGE) is showing signs of life again. After months of sideways movement, the meme coin's weekly chart is starting to paint a picture that technical traders know well—a slow, steady buildup that often comes before something bigger. It's not dramatic yet, but the structure is there, and it's catching attention.
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Long-Term Rounding Pattern Emerges
Dogecoin is entering what could be a pivotal moment. The weekly chart is displaying a long-term rounding pattern that technical analysts often associate with the early stages of a major bull cycle. According to Trader Tardigrade, a well-known analyst who highlighted the setup as an "upcoming surge," the meme coin might be gearing up to break out of its consolidation phase and move into stronger territory.
The chart shows three distinct rounded bottoms, each one forming at a higher level than the last. Together, they create a large cup-shaped accumulation pattern—a classic sign that demand is quietly building and long-term holders are staying put. The most recent curve, stretching through mid-2025, shows price holding steady above $0.17 with consistent higher lows, suggesting sellers are losing steam.
Key Resistance and Price Targets
The key resistance zone sits between $0.22 and $0.25, where previous rallies lost momentum. A solid weekly close above that range would mark a real shift in structure and confirm a bullish reversal. From there, the next likely targets fall between $0.34 and $0.48, with a possible stretch toward $0.70–$0.80 if momentum keeps building. The smooth upward curve and steady recovery align with what traders call a parabolic phase setup, meaning Dogecoin could be entering a growth cycle similar to its past surges. Volume will be the deciding factor here—sustained buying would validate the trend and signal that both retail and institutional players are stepping back in.
Market Context and Outlook
Beyond the chart, there's renewed optimism around the broader crypto market, and Dogecoin's ecosystem is seeing fresh developer attention. As Bitcoin's dominance levels off, capital often rotates into high-liquidity altcoins like DOGE, and that's when price action tends to accelerate. Meme coins are still unpredictable by nature, but right now, the technical picture for Dogecoin supports a bullish outlook for the long term. This pattern has been forming for months, and as the chart suggests, Dogecoin's next significant move may already be in motion.
Victoria Bazir
Victoria Bazir