- Dogecoin forms higher lows in the long-term channel, with projections pointing toward $1.40.
- Whale activity remains muted, while futures and options data show traders preparing for upside.
- DOGE consolidation and reduced volatility suggest a breakout if resistance at $0.80 is cleared.
Dogecoin is currently showing signs of preparing for a larger upward move on the weekly timeframe. The asset continues to trade within a long-term logarithmic uptrend channel, building a base through consolidation. Past market cycles reveal that each impulsive rally has exceeded the last, with the latest projection pointing toward $1.40 as the next major target.
Rising Channel And Historical Cycles
According to Bitcoinsensus data, Dogecoin has followed an upward channel since 2023. The first strong wave lifted the price from $0.08 to $0.23, a 290% surge. A second impulsive rally carried DOGE to $0.50 in 2025, representing a 440% increase from its earlier cycle low.
Projections now suggest that a third wave could extend between $1.00 and $1.40. The weekly chart shows DOGE forming higher lows, keeping the long-term channel intact. Historical rallies often began after long consolidation phases, with momentum accelerating once resistance levels broke.
According to an observation by Krisspax, Dogecoin volatility has reduced as price movements became smaller since Monday while forming higher lows.Analysts view this as a constructive sign ahead of potential breakout attempts.
Market Conditions And Whale Activity
Dogecoin was trading at $0.216 at press time, gaining 2.8% over the past day. Market capitalization stood at $32.59 billion, while trading volume reached $1.99 billion in 24 hours, according to Coingecko. The 24-hour trading range stayed narrow between $0.207 and $0.217, with liquidity conditions showing steady turnover.
On-chain signals indicate whales remain inactive, with no significant accumulation or distribution observed. Analyst Martinez said Dogecoin whales are staying on the sidelines, with no major buying or selling pressure detected. Futures open interest climbed 1% to $3.32 billion, while options activity rose sharply, with volume up more than 1,000%.
Traders appear to be positioning ahead of the next move. If DOGE clears resistance near $0.80, projections suggest the next upward wave could rapidly extend toward $1.00 and possibly $1.40. Analysts continue to monitor support levels and consolidation patterns as the asset prepares for its next cycle.
