Dogecoin Mirrors 2014–2018 Macro Pattern, Poised for Potential Breakout Rally

Dogecoin’s current chart pattern closely matches its 2014–2018 cycle with a descending correction and accumulation phase.

Over 1 billion DOGE was bought by whales last month, showing increased large-scale investor interest.

Active addresses and transaction volume for Dogecoin have risen, supporting momentum for a possible price breakout.

Dogecoin is currently displaying a familiar macro structure that mirrors its 2014–2018 price cycle. Market watchers are closely monitoring the chart for a potential breakout phase.

Dogecoin's Chart Mirrors a Previous Cycle

Crypto analyst Trader Tardigrade noted on X that Dogecoin appears to be echoing its 2014–2018 macro pattern almost identically. The current market behavior from 2021 to 2025 features a similar long-term descending correction followed by a rounded bottom. This setup was also seen in the earlier cycle, where it preceded a sharp vertical rally.

Source: Trader Tardigrade

In the previous cycle, Dogecoin’s rounded bottom was followed by its strongest rally phase. Presently, the chart displays a nearly identical structure. The price is coiling within a macro channel, hinting at the possibility of a large move. This tightening price range may suggest accumulation by market participants ahead of a new upward phase.

The historical fractal pattern underlines the potential for Dogecoin to revisit or exceed previous highs. Traders are now watching closely to see whether history will repeat with a breakout.

Increasing On-Chain Activity Supports the Technical Outlook

Ali, a prominent on-chain analyst, shared recent observations on Dogecoin’s blockchain metrics. He reported a noticeable increase in active addresses, transaction volumes, and whale activity on the Dogecoin network. These indicators often signal renewed interest from both retail and institutional participants.

According to Ali, whales have accumulated over 1 billion DOGE within the past month. This accumulation pattern often aligns with phases of price preparation for upward movement. The combination of technical setups and strong on-chain signals is driving attention back to Dogecoin.

Momentum Builds as Price Coils Within Macro Channel

Dogecoin’s price continues to move within a tightly defined macro structure. This behavior resembles its past accumulation zones, which preceded strong rallies. The market is at a critical juncture, with price action nearing the upper edge of the current channel.

Trader Tardigrade emphasized the current setup’s similarity to the previous cycle’s final stage before a breakout. The chart’s ongoing formation suggests that a new move could soon develop, especially if historical patterns hold.

With increasing interest and growing whale accumulation, Dogecoin is entering a period of heightened market attention. The coming weeks may determine whether this cycle will unfold as it did in the past.

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