Dogecoin's trends predict a jump of 226% towards its all-time high, with projected prices of $1.42 and $2.11.
Dogecoin (DOGE), the popular cryptocurrency known for its Shiba Inu mascot, is showing signs of a potential bull run based on recent technical analysis and historical price patterns.
Since mid-2021, Dogecoin has formed a similar consolidation structure, reminiscent of its past behaviour. This continuation of a technical rhythm is reinforced by reduced sell pressure, as indicated by exchange outflows, suggesting an accumulation phase.
Historically, DOGE has exhibited a pattern of prolonged consolidation followed by explosive rallies. Recent technical indicators support this view. The Elliott Wave analysis suggests that DOGE has likely completed corrective waves and is starting a strong impulsive upward Wave 3. This phase, historically the longest and strongest, targets approximately $0.3763 with potential to reach $0.45-$0.50 if momentum sustains.
A bullish golden cross has been observed, where short-term moving averages cross above long-term averages, reinforcing the building upward momentum. DOGE recently bounced from key support levels around $0.22-$0.25, with critical support near $0.218 acting as a downside pivot. Failure to break below this support would reject bearish scenarios and support price ascendancy.
Increased futures market activity and reduced selling pressure indicate growing speculative interest and holder confidence, which may boost prices further. Analysts highlight that with current momentum and fractal patterns, DOGE could eventually surpass its previous all-time high ($0.74) and reach new highs, possibly between $1.42 and $2.11, though timing is uncertain and depends on broader market conditions and regulatory developments.
The Accumulation/Distribution line's rise is consistent with the prior cycles, where consolidation periods were followed by sharp upward price expansions. A 226% price increase from its current level of $0.237 projects a breakout beyond Dogecoin's all-time high of $0.73905 set in May 2021.
Whale wallets, those holding large amounts of DOGE, have been accumulating the cryptocurrency. During the July rally, whales accumulated 130 million DOGE, pushing holdings to over 50.79 billion tokens. The Accumulation/Distribution line has risen since April 2025, confirming buying activity throughout the consolidation. Large holders maintained their positions during the price retracement to $0.21, showing sustained confidence.
Looking back at previous cycles, the first one between 2014 and 2017 saw Dogecoin move within a narrowing structure before surging toward $0.018127. The second cycle between 2018 and 2020 followed the same trend, with the price breaking out parabolically to its current all-time high in early 2021.
In summary, the bullish outlook for Dogecoin is supported by technical analysis and historical price patterns. Targets range from around $0.37 in the near term up to $0.50 or higher if Wave 5 develops strongly. Longer-term projections and expert fractal analysis suggest the potential for Dogecoin to reclaim and exceed its prior all-time high above $1, contingent on sustained buying momentum and favorable market catalysts such as ETF approval.
Cryptocurrency investors might find it intriguing that whale wallets, holding large amounts of Dogecoin (DOGE), have been accumulating the tokens since April 2025, potentially signifying a bullish sentiment. Furthermore, the bullish golden cross, where short-term moving averages cross above long-term averages, indicates a building upward momentum in crypto finance, potentially leading to investing opportunities in Dogecoin.
