Dogecoin's Chart Points to an Emerging Third Cycle
Dogecoin’s market structure appears to be retracing its established cyclical rhythm, as recent analysis points to a third long-term rally phase quietly developing. The coin’s technical setup and on-chain activity reflect growing market stability and renewed investor confidence.
The chart shared by market analyst EᴛʜᴇʀNᴀꜱʏᴏɴᴀL presents a clear visual of Dogecoin’s recurring price behavior across major historical cycles. Each previous run was separated by prolonged consolidation, followed by an acceleration phase, reinforcing a consistent long-term rhythm in DOGE’s market evolution. The analysis marks the completion of two prior macro runs and indicates that the groundwork for a third may already be forming.
The first run, spanning roughly from 2015 to early 2018, showed Dogecoin’s initial breakout from an extended accumulation period. This initial rally brought the coin into broader market involvement which would establish the structural framework of future cycles. The pattern of prices that was developed in this period was that of steep gains and subsequent periods of cooling-off, which would come to mark the cyclicality of Dogecoin.
The second large run occurred between the middle of 2019 and 2021 in the same direction as previously. Dogecoin exited a tight consolidation range into an all-time high above $0.70 at the start of 2021. This rally, which was driven by attention on social media and excitement among retailers, was then succeeded by a lengthy retraction period, which produced the circumstances leading up to the previous growth.
Third Run Structure and Technical Indications
In the latest chart section, EᴛʜᴇʀNᴀꜱʏᴏɴᴀL identifies what may be the early stages of Dogecoin’s third run. The asset is currently trading within the mid-range of a rising channel, forming a pattern consistent with past accumulation phases before breakout events. The arrow of projection on the chart indicates that it is headed to the higher levels in the channel and there is a possibility of gradual appreciation in case the structure is not damaged.
In the market, interest has been rekindled as Dogecoin has registered a 3.51% change up in the past 24 hours to a price of $0.1805. The increased involvement and liquidity is indicated by the growth of the trading volume that rose by 10.53 to amount to $1.89 billion. It has a strong position as one of the most popular digital assets, which is evidenced by its current market capitalization of 27.38 billion.
The short-term price movement reveals a consistent increasing trend, where the support is created at the level of $0.1739 and the resistance is created at the level of $0.182. This pattern of consistency indicates that the current buying activity has been driven by long-term interest as opposed to the volatility that is speculative, which is consistent with the long-term accumulation witnessed in the past cycles.
Whale Accumulation and Market Sentiment
A recent post by Compass Inc. references ETHNews insights noting that analysts detect a third macrocycle in Dogecoin’s long-term chart. This view aligns with observations that large holders, or whales, have withdrawn over three billion DOGE from circulation in recent weeks. Historically, such accumulation patterns have preceded upward momentum as supply becomes increasingly constrained.
Such withdrawals are a sign of trust in long-term holders, which is often taken to suggest that they are preparing to expand the market at a later date. Together with the growing daily volume and the stable price movement, the evidence suggests a favorable medium-term appreciation.
The impression that Dogecoin is still in the healthy accumulation phase is also supported by the fact that the currency has been trading above the support price of $0.175. In the event that this impetus persists, the transition to the $0.19-0.20 resistance zone can be the start of a bigger breakout. At this point, the technical structure and on-chain indicators show that the cyclical pattern of Dogecoin is still present and is shaped towards the next stage of market expansion.