- Dogecoin’s market structure mirrors past cycles, showing a consistent sequence of bear, accumulation, and expansion phases across multiple years.
- Analysts observe DOGE entering a renewed build-up phase, indicating possible upward momentum similar to the 5,800% and 21,000% historical surges.
- Technical analysts have identified the emergence of a double-bottom pattern on Dogecoin’s chart to back expectations of a bullish reversal and powerful recovery in the market.
Dogecoin (DOGE) still shows the familiar cyclical behavior noted in previous market phases. Analysts have observed that bitcoin appears to be entering another accumulation phase like its earlier cycles preceding significant price movements.
Historical Market Cycles of Dogecoin
According to Bitcoinsensus, Dogecoin’s long-term chart reveals a recurring three-phase structure in every major cycle — a bear market, a build-up phase, and a parabolic expansion. In the first cycle between 2014 and 2017, DOGE experienced a deep market decline before entering a prolonged accumulation period. This phase ended with a remarkable 5,800% price rally, setting the foundation for Dogecoin’s cyclical rhythm.
The second cycle took place from 2018 to 2021 and also exhibited a similar pattern. Following a brutal correction, the coin quieted down and consolidated just before launching into a 21,000% rally that took DOGE from fractions of a cent to over $0.74. Once again, the rally was fueled by social momentum and audience allure. This strongly reinforces the idea that sentiment and technical phases can once again converge.
Each of these cycles displayed similar technical behavior, suggesting that Dogecoin’s long-term market structure may follow a predictable rhythm. Analysts are now watching closely to see whether the current setup will maintain this historical consistency.
The Current Build-Up Phase and Technical Outlook
In the ongoing 2022–2025 period, Dogecoin appears to be navigating another build-up zone following the previous bear market. The Bitcoinsensus analysis notes that the cryptocurrency’s current price action fits within this phase, marked by relative stability and moderate trading activity. This stage has historically preceded major expansions in Dogecoin’s value.
If the recurring pattern continues, projections indicate the potential for a new upward phase targeting levels above $7 — a move representing a 4,400% increase from current prices. While such projections remain speculative, the technical formation closely mirrors previous market structures.
At the same time, the broader cryptocurrency environment shows increasing alignment with accumulation behavior across several major assets. Traders view this as a preparatory stage for potential momentum shifts heading into 2025.
Technical Pattern Adds Support to the Bullish Setup
Market analyst Trader Tardigrade stated that Dogecoin’s 3-day chart is forming a double-bottom structure, a traditional reversal indicator in technical analysis. Structures such as this frequently are seen at the end of a downtrend and indicate a possible rebound of price.
The emergence of the double bottom is in line with the broader cyclical structure described by Bitcoinsensus, providing a combination of technical patterns to potentially continue bullish. While things may seem to stack up, participants in the market are still cautious of the past repeating; just because it has happened in the past, it does not mean it will happen the same way in the future.
Nevertheless, the alignment of multiple chart patterns facilitates renewal of interest in the Dogecoin price action over the long run. If the past continues to behave in a specific way, the market may begin another substantial phase of growth in the active Dogecoin cycle.
