The Dogecoin price is trading at a level that has mattered before. Very few price zones on any chart can claim to have launched a full cycle move. This one can. DOGE is sitting near the same area that marked the base before its historic 2021 expansion.
That setup was highlighted by analyst Crypto Patel, who shared a long-term weekly and two-week chart showing why this zone keeps drawing attention. Not because of hype, but because of repetition.
What you'll learn 👉
What the Dogecoin Chart Is Showing
The chart focuses on a wide demand zone between roughly $0.10 and $0.06. This area has acted as strong support since 2021.
Every major correction has stopped here. Price did not slice through it. It slowed, compressed, and then turned higher.
The DOGE price is also still down about 87% from its all-time high. That matters. Deep drawdowns reset positioning. Weak hands exit. Volatility fades. That is usually how accumulation phases form on higher timeframes.
The structure on the chart shows price respecting a rising channel while holding this base. Previous touches of this zone did not lead to immediate moves. They led to long periods of boredom, followed by sharp expansions once pressure built up.
Why This Zone Keeps Working For DOGE
Demand zones only matter if they continue to attract buyers. This one has done that for years. Each revisit has resulted in higher highs over time, even if the path was slow.
The key point is behavior. The DOGE price keeps defending this level without breaking it on a weekly close. As long as that holds, the long-term structure stays intact. A clean break below $0.06 would change the picture. Until then, the base remains valid.
Historically, DOGE does not move in small steps once it leaves these ranges. Past cycles show explosive upside after long compression.
Read Also: Institutions Shift Focus to XRP: Why Bitcoin and Ethereum Might Be Falling Out of Favor
The Cycle Context For Dogecoin
The DOGE price has already lived through multiple expansions. The 2021 run delivered a move of around 17,000%. The next major leg in 2024 delivered roughly 600%. Each cycle was smaller than the last, but each started from the same type of reset.
What matters now is not matching old percentages. It is whether another expansion phase begins from this base. Cycles do not repeat perfectly, but they often rhyme in structure.
However, Crypto Patel outlines upside zones near $0.50, $1.50, and $4.00 over a full cycle extension. These are not short-term calls. They reflect how far DOGE has traveled in past expansions once price escaped accumulation.
The risk side is clear. A weekly close below $0.06 would invalidate the setup and break the multi-year support.
Furthermore, the DOGE price is not moving because sentiment is hot. It is sitting quietly where it has mattered most in the past. Smart capital tends to position during these phases, not after price turns vertical.
Whether history repeats or not, this level has earned attention. The chart shows Dogecoin back where decisions get made.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
