Dogecoin Preps for Massive Upside as Cyclical Pattern Builds

Dogecoin is exhibiting a cyclical pattern historically associated with explosive breakouts, currently consolidating in what analysts describe as a "coiling" phase.

Technical analysis and past performance suggest Dogecoin could potentially reach $7.21 in its next macro cycle, representing a gain of over 4,400% from its all-time high (ATH).

A weekly Golden Cross formation is hinting at a potential 200–300% rally for Dogecoin, mirroring similar gains observed after previous bullish cycle triggers.

Dogecoin appears to be gearing up for another significant rally, following macro cycles reminiscent of past bull markets. According to Bitcoinsensus, DOGE has demonstrated cyclical behavior across 2016-2017, 2020-2021, and now 2024-2025. These cycles typically begin with extended bear markets, transition into periods of sideways consolidation, and then culminate in powerful parabolic movements. Currently, Dogecoin is within a defined accumulation zone, undergoing the aforementioned "coiling" phase, which often precedes a major breakout.

Source: Bitcoinsensus

Furthermore, a review of Dogecoin's long-term chart reveals a narrative of exponential growth. In 2017, DOGE experienced a surge from near-zero to $0.01130, representing a gain of over 5,850%. Subsequently, from 2018 to early 2021, the coin consolidated within a descending triangle pattern. This was followed by its notable 2021 surge to $0.74641—a 21,457% increase. Analysts now anticipate another substantial move. Technical projections indicate a potential target near $7.21, which is more than 4,400% from the previous all-time high.

Ascending triangle patterns have also emerged following major breakouts, suggesting sustained bullish momentum. Logarithmic charts further support this exponential narrative, demonstrating that each successive cycle surpasses the previous one in magnitude. Volume metrics reinforce this outlook, indicating increased retail and institutional demand during breakout phases. Consequently, the technical and volume structures are aligning with a bullish macro trend that is developing.

Golden Cross Forms on Weekly Chart

Moreover, new analysis from Tardigrade is adding to the optimistic outlook. A Golden Cross is forming on Dogecoin’s weekly chart. This formation involves the 10-week Simple Moving Average (SMA) crossing above the 20-week SMA. Historically, this signal has preceded significant rallies for DOGE. For example, in late 2023, Dogecoin rose from $0.06 to $0.229, a 232% increase. Another Golden Cross in October 2024 saw DOGE climb from $0.10 to $0.48, gaining 313%.

Source: CryptoBasic(X)

Currently, Dogecoin is trading near $0.17, showing a slight decrease in recent days. However, the Golden Cross setup suggests a potential rally of 200% to 300%. This places the next possible range between $0.51 and $0.68.