Dogecoin News Today: DOGE Consolidates Below $0.14 as Analysts Track Historical Rally Cycles

Dogecoin Price Faces Key Resistance Near $0.14 as Long-Term Charts Signal Potential Breakout
Dogecoin News Today: DOGE Consolidates Below $0.14 as Analysts Track Historical Rally Cycles
Written By:
Kelvin Munene
Reviewed By:
Manisha Sharma
Published on

According to a recent chart analysis, Dogecoin has often moved through long consolidation ranges before breaking out. The analyst tracked three phases since 2021 and compared the percentage gains that followed each range.

The Bitcoinsensus analysis estimated a rise of about 190% in the first wave and about 480% in the second wave. It also sketched a potential third wave near 450% if the pattern repeats. 

The chart suggested DOGE remains in an early stage of an accumulation zone, and a return toward previous highs in early 2026 would align with earlier cycle timing. 

Monthly Chart Points to Volatility Compression and Upside Zones

The monthly view highlighted narrowing consolidation bands before each breakout. This setup often signals volatility compression, which can precede larger price swings in either direction. The latest section of the curve showed price behavior that resembled the 2021 advance, based on the same trend path used in the model.

Using a measured-move approach, the chart projected a possible Dogecoin price zone near $0.70 to $0.75 if the curve holds. The report did not add macro assumptions or catalysts. It focused on the repeated sequence of long ranges followed by steep expansions. Market participants often treat such models as scenario tools, not price guarantees.

Short-Term DOGE Resistance and Futures Data Shape the Outlook

Near-term charts showed a more mixed picture. A separate 4-hour TradingView visual showed DOGE near $0.137, with choppy swings and lighter volume into mid-December. Price moved toward $0.15 and then pulled back into the mid-$0.13 area, according to the same snapshot.

Reports also noted intermittent volume spikes instead of steady inflows. The pattern matched a sideways range below local resistance. Another chart shared by analyst Ali Martinez described a triangle formation and marked $0.14 as key resistance. The analyst stated that a break above that area could open a path toward $0.21, based on the pattern.

Trader Tardigrade also shared a Dogecoin price prediction and set a $0.6 target. While spot price stayed under pressure, some data points suggested growing derivatives activity. 

CoinGlass figures showed Dogecoin futures open interest rising nearly 7% to around $1.5 billion. Traders often watch open interest for clues about positioning, though it does not confirm direction on its own.

Other metrics showed weaker participation in the spot market. The same coverage cited a 24-hour volume drop of more than 41% to about $696 million, even as prices recovered about 3.5% to near $0.14. It also reported a 30-day decline near 19% and a recent trading range between $0.1657 and $0.1324. The Relative Strength Index sat near 42, which typically signals neutral momentum.

Also Read: Dogecoin Price Prediction: How High DOGE Could Go After a MACD Bullish Cross

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