Dogecoin (DOGE) has returned to focus as its long-term price structure shows signs of another potential upside phase. Market watchers tracking historical price behavior note that DOGE has not moved randomly during this cycle.
Instead, it has advanced in measured waves, with each rally building on a long base. This steady rhythm has kept attention on whether the next expansion could push the meme coin toward the $0.75 area.
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The current cycle began roughly in mid-2022, during which DOGE began a long process of accumulation. During this period, the price remained range-bound for a significant number of months. There was not much excitement in the daily charts.
However, this was the quiet period. The selling pressure was gradually absorbed, and attempts to drive the price lower failed to gain traction.
In early 2024, this base was completed. When DOGE finally broke out, there was definitely a change in structure. The first move up gave roughly +190% returns.
The action was rapid and aggressive, pushing the price up into a rising trend guide. During a pause in the rally, there was a pullback; however, this remained well above former lows.
The higher low indicated that the trend was overall positive, rather than reverting to a weakened state.
The second accumulation stage appeared in the middle of 2024 and was evidently improved. As compared to the former, it was shorter and developed above previous levels of support.
Price neared again on either side, but downside efforts were again and again overcome. This was an indication of increased demand and confidence by the players.
When DOGE got out of this band, the outcome was an extremely high growth of close to +480%. The rally had a quicker progression than the initial market and brought the price back to the same rising resistance zone that has driven the cycle.
Another correction took place again, but the pullback was kept under control. Price was retained at a higher level than before, and this strengthens the notion that momentum was rising and not diminishing.
DOGE passed into a third accumulation phase in 2025. This was a broader range and indicated re-accumulation and not distribution. Price oscillated within a specified box and kept on establishing higher lows.
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