Dogecoin Holds Firm Within Its Ascending Broadening Wedge as Analysts Eye $1.50 Resistance Level

• Dogecoin sustains a long-term Ascending Broadening Wedge, signaling continued structural strength.
• Repeated rebounds from lower trendlines highlight resilient market rhythm and bullish stability.
• Analysts target $1.50 resistance as DOGE’s cyclical momentum and trading volume remain consistent.

Dogecoin is still holding up very well within this Ascending Broadening Wedge, showing stable movement across mid to late 2025. The cryptocurrency continues to hold its structure between two rising trendlines with increasing volume and consistent market capitalization. Analysts note a positive extension of the trend that started in 2023 and runs into 2026.

Ongoing Strength Within Expanding Market Structure

According to analysis prepared by Trader Tardigrade, Dogecoin’s two-week chart shows an Ascending Broadening Wedge defined by widening upper and lower boundaries. Price action has remained aligned with these expanding lines, with each correction returning to the lower trendline before rebounding upward. 

Every touchpoint at the lower support level has historically triggered renewed price strength, confirming the ongoing stability of this formation. Dogecoin trades at $0.1828, reflecting a 4.9% daily increase within a 24-hour range of $0.1727 to $0.1831. It has a market capitalization of $27.66 billion with a trading volume of $1.93 billion within the same time period according to Coingecko data.

The circulating supply is 151.67 billion coins, maintaining a consistent presence in the top ten cryptocurrencies. Formation of the wedge pattern started in mid-2023 and proceeds to the end of 2025. The peaks and pullbacks of each upward cycle have been in a pattern of consistency which stands as a confirmation of structure. Current analysis places potential resistance near $1.50 if the pattern maintains its momentum.

Market Momentum and Short-Term Recovery Phases

According to an observation by ChandlerCharts, Dogecoin’s daily chart records three recent upward cycles lasting 35, 29, and 32 days respectively. Each cycle showed consecutive gains followed by short consolidation periods before resuming upward progress. 

The latest movement shows a sharp increase from $0.17 to above $0.32, supported by steady momentum on the relative strength index, which remains between 40 and 70. These consistent phases demonstrate strong cyclical recovery patterns. The market structure remains intact, showing sustained activity as Dogecoin approaches the upper region of the wedge. 

Analysts note that “$0.30 is closer than it appears,” referencing continued progress in price strength through November 2025. Dogecoin continues to maintain expansion within its long-term formation, supported by active volume, structured market rhythm, and expanding volatility channels.