⬤ Dogecoin’s long-term price behavior shows a fascinating pattern around the Donchian Channel support zone. A crypto analyst spotted three distinct market cycles where DOGE touched the lower channel boundary before launching into powerful rallies. You can see the primary analysis on X
⬤ The monthly chart clearly marks “cycle 1 buy point,” “cycle 2 buy point,” and “cycle 3 buy point” at the lower channel edge, with each followed by substantial profit phases. Every time price declined into the lower band, a sustained upward move followed—creating a repeating historical pattern that mirrors the structure covered in our piece on Dogecoin’s 10-year trend holding strong.
⬤ According to the analyst, these channel interactions preceded “massive runs” in previous cycles. He notes the current positioning shows DOGE sitting near that same critical structural area again. This observation aligns with recent technical coverage showing Dogecoin must reclaim $0.135 to confirm bottom and analysis demonstrating how Dogecoin repeats its early bull cycle structure.
⬤ Right now, DOGE finds itself at the same technical reference point that marked opportunity in the past. The lower channel contact keeps traders focused on whether history repeats itself once more, though the pattern itself doesn’t guarantee specific outcomes—it simply highlights where price has historically found support before reversing higher.
DOGE Price Analysis: Donchian Channel Shows 3 Repeating Cycles
⬤ Dogecoin’s long-term price behavior shows a fascinating pattern around the Donchian Channel support zone. A crypto analyst spotted three distinct market cycles where DOGE touched the lower channel boundary before launching into powerful rallies. You can see the primary analysis on X
⬤ The monthly chart clearly marks “cycle 1 buy point,” “cycle 2 buy point,” and “cycle 3 buy point” at the lower channel edge, with each followed by substantial profit phases. Every time price declined into the lower band, a sustained upward move followed—creating a repeating historical pattern that mirrors the structure covered in our piece on Dogecoin’s 10-year trend holding strong.
⬤ According to the analyst, these channel interactions preceded “massive runs” in previous cycles. He notes the current positioning shows DOGE sitting near that same critical structural area again. This observation aligns with recent technical coverage showing Dogecoin must reclaim $0.135 to confirm bottom and analysis demonstrating how Dogecoin repeats its early bull cycle structure.
⬤ Right now, DOGE finds itself at the same technical reference point that marked opportunity in the past. The lower channel contact keeps traders focused on whether history repeats itself once more, though the pattern itself doesn’t guarantee specific outcomes—it simply highlights where price has historically found support before reversing higher.