• Dogecoin is currently trading above its 25-month moving average which is the same form as it had before its 2017 and 2021 parabolic rallies.
  • Breakout of a multi-year downward trend and into the retest phase show that it is a friendly setup which usually is followed by a big upside breakout.
  • Key catalysts, including the House of Doge’s NASDAQ listing and potential DOGE ETFs, strengthen investor confidence and market positioning for the asset.

Dogecoin (DOGE) again is exhibiting a common technical pattern that has been observed to pre-empt its largest rallies in the past. As the price supports itself above a major moving average, and sentiment is at a cyclical low, market watchers are closely noticing the possibility of whether another big breakout is imminent.

Dogecoin Mirrors Its Historical Bullish Setup

According to market analyst EᴛʜᴇʀNᴀꜱʏᴏɴᴀl, Dogecoin’s long-term chart is repeating a recognizable pattern seen before its 2017 and 2021 parabolic runs. Each rally in Dogecoin’s history began when the asset maintained strength above its 25-month moving average (25MA) — a technical signal often linked to the start of a new expansion phase.

At present, Dogecoin has broken above this same 25MA once again, suggesting a possible shift from accumulation to momentum.  The chart also shows that there is a breakout of a multi-year decline that has been in effect since the 2021 highs. This dismantling is comparable to the small yet firm motions that had been precursors to other large rallies.

Currently, Dogecoin is in what analysts identify as the “retest phase.” During this stage, prices typically consolidate near the breakout zone as traders turn cautious. Historically, this phase has aligned with the emotional low point known as the “NGMI zone,” which often occurs right before strong upside moves begin.

Sentiment and Technical Structure Point Toward a Key Juncture

The psychological rhythm of Dogecoin’s market cycles has been remarkably consistent. During the previous upswing, huge pessimism and dwindling retail interest would be observed shortly before a sudden change of direction. The climate present now, characterized by low energy, reflects the previous pre-rally situations.

Market analysts point out that the combination of holding above the 25MA until confirming a trendline breakout and now entering the retest phase resembles preparations made prior to previous bullish cycles. This pattern indicates that Dogecoin can potentially be in another macro turning point, yet traders are uncertain about the bigger market, which is bigger.

Dogecoin at the time of publication is priced at $0.2104, 1.47% higher than it was 24 hours prior with a daily trading volume of $5.36 billion, which is the continued support of the notion of consolidation before the potential phase of breakout.

Upcoming Catalysts Could Support Dogecoin’s Next Move

Alongside its technical structure, Dogecoin has two notable developments that could act as catalysts in the coming weeks. The House of Doge, a corporate division of the Dogecoin Foundation, is set to go public through a NASDAQ listing following a merger with Brag House Holdings. The transaction is backed by around $50 million in funding and includes more than 837 million DOGE within its ecosystem.

The merger aims to connect crypto innovation with traditional finance while expanding Dogecoin’s influence into sectors like gaming and college sports. This move could provide greater visibility for Dogecoin’s ecosystem and attract institutional attention.

In addition, the U.S. Securities and Exchange Commission (SEC) is expected to approve Dogecoin exchange-traded funds (ETFs) from issuers such as 21Shares, Bitwise, and Grayscale. The newly launched DOJE ETF, despite its 1.5% expense ratio, has already drawn $30 million in assets. Analysts believe that lower-cost ETF products could see even higher inflows, increasing market liquidity for DOGE.

Dogecoin’s repeating structure — breakout, 25MA support, and retest — combined with growing institutional and corporate activity, mirrors the same conditions that preceded its past rallies. While outcomes remain uncertain, the historical rhythm suggests that the meme-inspired asset may once again be approaching a decisive moment in its long-term cycle.

Ava Nakamura is a seasoned crypto journalist and blockchain enthusiast who has been covering digital assets since 2017. With a sharp eye for market trends and a passion for decentralization, Ava breaks down complex crypto topics into engaging stories. She covers Bitcoin, altcoins, DeFi, and everything in between — aiming to empower readers through knowledge.

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