Dogecoin trades close to $0.18 after a 29% weekly drop. Analysts monitor repeating cycles that would push worth to $5–$7 if traits maintain.
Dogecoin is buying and selling round $0.18 after dropping greater than 29% over the previous week. The asset is down by 9% up to now day alone.
Regardless of the decline, some analysts level to long-term worth patterns that will repeat. If the construction follows previous cycles, a pointy transfer greater may comply with.
Dogecoin Follows Repeating Market Cycles
The chart from Bitcoinsensus exhibits three repeating cycles in Dogecoin’s historical past. Every begins with a big drop, adopted by a protracted sideways part, after which a robust rally.
$DOGE MONTHLY MACRO CYCLES 📐📈
May 7$ be subsequent on this cycle?
Taking a look at earlier worth historical past on #Dogecoin, it has all the time adopted the identical market construction, ending with an enormous transfer on the finish of the cycle. 💥
If we had been to repeat the identical playbook, Doge may see… pic.twitter.com/eWlrPhKHvV
— Bitcoinsensus (@Bitcoinsensus) October 16, 2025
Cycle 1 raised the revenue to over 5,800% at its shut. Cycle 2’s development was even greater, because it exceeded 21,000% and hit $0.74 in 2021. Indications of Cycle 3 are seen already. Assuming the identical state of affairs happens once more, the value might then go for $5 to $7. Up till now, the setup stays reputable (although unlikely), however a breakthrough has not occurred.
Weekly Chart Reveals Attainable Rebound Setup
A chart shared by Dealer Tardigrade exhibits Dogecoin on a weekly view. It highlights a protracted decrease wick, much like these seen earlier than earlier rallies.
The chart makes use of a wave construction, suggesting that DOGE could also be nearing the top of a correction. If true, the following transfer may kind wave 5, resulting in greater costs. The projected path exhibits an increase towards $1.50. For that to occur, the asset should keep above key assist ranges and push previous resistance.
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One other publish from Dealer Tardigrade exhibits Dogecoin in three phases: consolidation, gradual pattern, and parabolic transfer. The present part is labeled as parabolic, primarily based on rising lows and stronger worth motion.
If the trail holds, the chart factors to a attainable rise above $1. This transfer depends upon continued power and regular shopping for over time. The setup builds on the value historical past seen in earlier cycles.
Present Market Place
This week, Dogecoin has come out as the largest loser among the many prime 20 cryptocurrencies. Its present worth is roughly $0.18, accompanied by a 24-hour buying and selling quantity surpassing $3.6 billion.
Nonetheless, the launch of Home of Doge by means of a Nasdaq merger additionally provides to its longer-term presence available in the market. At present, merchants are monitoring essential factors to find out if the formation will result in a sturdy rise in worth.
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