Dogecoin (DOGE) is currently trading near $0.1375, forming what analysts identify as a third accumulation range within a repeating expansion cycle. This pattern has historically preceded significant rallies. According to analysis from Bitcoinsensus, past consolidation phases led to price surges of approximately 190% and 480%, establishing a cycle of accumulation followed by sharp upward moves.
Current market data shows DOGE with a weekly decline of 1.04%, a market capitalization near $23.09 billion (ranking it ninth among cryptocurrencies), and 24-hour trading volume around $509 million. The price action is largely contained between $0.135 and $0.145, with low volatility suggesting a setup similar to previous periods that preceded advances.
Analyst Trader Tardigrade notes a rounded slide formation on the daily chart, with base development near $0.15. Chart projections indicate that if the exponential wave pattern continues, a potential third advance of around 450% could bring new all-time highs into focus by early 2026.
In the shorter term, DOGE faces technical hurdles. It started a fresh decline below the $0.1400 zone, trading below $0.1380 and the 100-hourly simple moving average. A key bearish trend line is forming with resistance at $0.1375 on the hourly DOGE/USD chart (data from Kraken). Immediate resistance is seen at $0.1380, with major resistance at $0.1400 and $0.1425. Support levels are at $0.1340, $0.1325, and a main support at $0.1300. A break below $0.1300 could see the price slide toward $0.1250.