Dogecoin looks ready for another run. After bouncing from channel support, DOGE is showing the same setup that marked the start of its last two major rallies.
DOGE price is sitting near $0.20, holding firmly above the 25-day moving average, and traders are watching the next key zones at $0.29, $0.45, and $0.86.
What you'll learn 👉
Dogecoin Rebounds and Regains Strength
Analyst Ali Martinez pointed out that Dogecoin price has just bounced from the lower line of its rising channel.
The move came right above the 0.5 Fibonacci level near $0.16, where buyers have consistently stepped in. That reaction suggests bulls are still in control. If price keeps holding above $0.18, the path toward $0.29 and $0.46 becomes clearer.
@ali_charts
The pattern on Ali’s chart shows a steady structure of higher lows and higher highs. It’s almost identical to the formation that led to Dogecoin’s explosive move in 2021.
A similar push now could send DOGE price back toward the upper boundary of the trend channel near $0.85, a target that fits perfectly with the long-term Fibonacci extensions.
The Familiar Dogecoin Cycle Returns
Another analyst, EtherNasyonaL, zoomed out to show the bigger picture, and it’s hard to miss the repetition.
Each major Dogecoin rally has started the same way: long, quiet accumulation inside a downward-sloping channel, followed by a breakout and retest before the real run begins.
@EtherNasyonaL
That same structure is repeating again. Dogecoin price has already broken out of the falling channel, retested it successfully, and is now building a strong base above its new trendline.
If the pattern continues like the last two times, this could be the early stage of the third big Dogecoin cycle, the calm before the storm.
What’s Next for DOGE Price
The $0.18-$0.20 range is now the key support zone. As long as Dogecoin price stays above it, bulls have a good shot at driving the price toward $0.29 and beyond.
A move above $0.45 could trigger more momentum, setting the stage for a run toward the $0.86 mark seen in both analysts’ projections.
Dogecoin’s history shows it doesn’t move quietly for long. Every time the market underestimates it, a sharp rally follows.
The DOGE charts are once again hinting at that familiar rhythm, accumulation, breakout, and acceleration. If this pattern plays out like before, the next Dogecoin boom might already be warming up.
Read Also: Is Dogecoin (DOGE) Price About to Explode? Here Are the Key Levels to Watch
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