Dogecoin price is currently $0.163 and is near the lower end of an important trading range. Many analysts believe that DOGE is poised to break out based on past patterns and tightening technical indicators.
If the DOGE price closes clearly above $0.22, it could lead to a rally of over 60% and reach new all-time highs according to growth trends.
DOGE Technical Outlook: Compression Before Expansion
As of June 21, 2025, Dogecoin is priced at $0.1631, representing a 4.47% decrease from yesterday. However, trading volume increased by over 56% to nearly $966 million, showing more interest and activity.
The price is currently trading within a narrow range of $0.16 to $0.22. This range is significant because it has formed a symmetrical triangle pattern visible on various charts, including those by analyst Ali. A breakout from this pattern, accompanied by high volume, could lead to a significant price change.
According to Ali, Dogecoin (DOGE) is stuck in this triangle formation, with the price narrowing toward a point. He believes that a price movement of about 60% is likely once DOGE breaks clearly outside the $0.16–$0.22 range. Traders should look for daily closes above or below these levels to identify the next trend.
Right now, the price is close to the lower end of the triangle. This suggests it could either drop further or be ready for a breakout. Historically, such technical setups in DOGE have preceded sharp moves either upward or downward.
Dogecoin Price Respects Historical Macro Pattern Repetition
Bitcoinsensus highlighted a recurring macro pattern in Dogecoin’s price cycles, showing strong symmetry across three key periods: 2016–2017, 2020–2021, and the current 2024–2025 cycle. All three exhibit a familiar shape: deep bear markets, followed by sideways accumulation and sharp vertical breakouts.
The DOGE meme coin is currently in the accumulation phase of this third cycle, marked by the blue zone on the cycle chart. Based on previous behavior, the price is building momentum for a vertical explosion similar to its 2021 surge. The longer accumulation phase this time might translate to a more powerful rally.
Meanwhile, a Dogecoin enthusiast, DOGECAPITAL, adds a long-term perspective using a curved logarithmic model. He notes that DOGE has historically followed a consistent path, involving a bounce from a lower white curve toward an upper curved resistance.
The current cycle has been longer and deeper, but DOGECAPITAL expects a strong move beginning after a weekly close above Bitcoin’s all-time high of $109,455 on the weekly timeframe.
This breakout could pave the way for DOGE to reach new highs, possibly over $1, with the model predicting liftoff around the end of October 2025. According to him, Dogecoin price is entering the final stretch of its accumulation phase before a parabolic surge.
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