- DOGE retests a multi-year support line that previously produced three major triple-digit rallies.
- A 611% technical projection places Dogecoin’s potential path toward the $1 level by early 2026.
- On-chain data shows accumulation, while analysts watch resistance at 16c and targets up to 25c.
Dogecoin trades near $0.1522 and moves along a long-term ascending support line that has held since late 2023. Analysts are now watching this area again because past rebounds from the same zone created large upward moves.
Long-Term Structure and Rising Support Trend
Trader Tardigrade, a well known crypto analyst, noted that the weekly chart shows a steady trend line that guides price movement across several years. Each time Dogecoin touched this line, it produced strong upward moves of 86.77%, 210.52%, and 442.48%. The current candle sits on the same support area as it approaches the end of 2025, and the trend line remains intact across the multi-year range.
The chart also includes a projection toward $1, measured as a 611.80% rise from the current support zone. This projected move appears on the timeline near early 2026. Price action shows a peak in 2024, a long pullback, and renewed consolidation along the trend line through 2025. These repeated rebounds form the basis for the projection.
Market sentiment has strengthened in recent weeks as Dogecoin experienced a fresh rally. According to an observation by several market analysts, this move comes from rising confidence, better market conditions, and stronger participation across major cryptocurrencies. Broader momentum has supported assets with higher volatility, and Dogecoin continues to reflect this pattern across the chart.
Supply Behavior, Key Levels, and Market Conditions
On-chain data shows quiet accumulation while exchange reserves drift lower. Whale activity remains steady, and the absence of heavy selling suggests that recent downside pressure comes from short-term sentiment. The GDOG ETF saw inflows fall sharply from $1.8 million to $365,000, which signals caution among institutional traders, yet underlying supply data shows ongoing support.
Market analyst Umair Crypto noted that “DOGE ran straight into the 16c resistance” and showed signs of short-term exhaustion. He said the move now needs strong volume to break this level. He added that a push toward 18.3c and a later hold of 15.5c may build a larger structure toward 25c.
Key near-term targets include $0.19, $0.20, and $0.21, with broader structures pointing toward $0.25 if market conditions support the trend. The long-term ascending support remains the base of the projection toward the $1 mark.
