Dogecoin Price Forecast: DOGE Could Explode From Here Like Previous Cycles

The Dogecoin price is mirroring past cycles, an analyst from market watcher Bitcoinsensus suggested. He believes that structure matters more than short-term price noise.

In a recent post, he questioned whether Dogecoin price will repeat the same expansion pattern it followed in prior cycles. He compared the current structure with past formations and focused on how far the present cycle has progressed relative to earlier ones.

How Previous Dogecoin Cycles Unfolded

Bitcoinsensus explained that Dogecoin has experienced recurring waves for more than 12 years. Each cycle followed a similar rhythm, starting with a correction, moving into accumulation, and then transitioning into a sharp expansion.

After its early rally, Dogecoin entered a correction in 2014, falling back toward $0.0022. That decline extended into early 2015, when the asset began forming an ascending channel from the $0.001 region. In March 2017, Dogecoin broke out of that structure and rallied to about $0.0041, marking a 5,858% expansion from the base, according to the chart.

A similar sequence followed the 2014–2018 cycle. Dogecoin formed another accumulation structure and compressed into June 2020 near $0.0022. The consolidation lasted only about 5 months. In November 2020, DOGE broke out again and surged to the May 2021 peak of $0.7605, which remains its all-time high. That move represented a 21,457% rise from the breakout area.

Where Dogecoin Sits in the Current Cycle

Since the 2022 market downturn, Dogecoin has completed most of the same structural stages. After peaking, the price entered a descending triangle and fell toward $0.0569 before stabilizing. In early November 2023, DOGE began forming its current accumulation range.

Bitcoinsensus noted that Dogecoin now trends near the same relative position where previous cycles transitioned from accumulation to expansion. He sees the compression phase maturing, which historically has preceded a directional breakout.

He stressed that while the structure aligns with prior cycles, the magnitude of any future move remains unknown. However, if history is to provide context, then he predicted a push past  $4.5, representing a new all-time high for Dogecoin. According to him, the structure now supports the possibility of another expansion phase if the pattern continues.

Bullish Market Implications for Altcoins

This bullish setup comes amid a broader market recovery, with Bitcoin (BTC) briefly reclaiming the $97,000 mark and Ethereum (ETH) surging past $3,300.

With market conditions stabilizing, merchants now look beyond blue-chip cryptocurrencies to emerging altcoins with high upside potential. One such project attracting serious attention is Minotaurus (MTAUR), a Binance Smart Chain-based token currently in its early stages.

As DOGE eyes a breakout, MTAUR, the native token of the Minotaurus ecosystem, is also positioning itself as a promising bet for those seeking the next big opportunity. Unlike meme coins that follow social trends, MTAUR has a real-world use case.

The team is working to build a robust system and deliver steady benefits to those who hold it. Through smart liquidity pools and other functionalities, the project focuses on long-term stability rather than short-term excitement.

Additionally, market enthusiasm is shifting from speculative assets to high-utility coins like MTAUR, further accelerating their adoption. With an expanding community and strategic tokenomics, the project aims to capitalize on this momentum, offering early birds a low-risk, high-end opportunity in the ever-evolving altcoin market.

Minotaurus Stands Out With Several Perks

Minotaurus sets itself apart from other new blockchain projects by offering a secure and transparent gaming experience where players have complete control over their in-game assets. To ensure reliability, the platform has partnered with third-party auditors like Consult and SolidProof to provide a safe environment for players. 

Currently available at 0.00012635 USDT, MTAUR provides an opportunity for users looking beyond well-known assets like Dogecoin. The asset is seeing strong interest from the crypto community, which is driving its bullish momentum.

As Minotaurus continues to draw more interest daily, the team has introduced a 100,000 USDT giveaway program to encourage community participation. Half of the prize will go to one lucky participant, and the rest divided among the other participants.

Learn more at minotaurus.io.