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Could Dogecoin (DOGE) Be Setting Up for Its Next Big Move? Analysts Think So

Dogecoin (DOGE) has gained a modest 2% on Monday, hovering near $0.086, right above a major support zone. But new fresh analysis shows that the OG meme coin is at a critical structural inflection point.

Long-term technical patterns and on-chain data point to a strong demand area that has historically supported major macro moves.

Demand Zone

According to crypto analyst Ali Martinez, DOGE’s price action has followed multi-year consolidation channels since its launch, where the asset has repeatedly moved through extended ranges that compress volatility and redistribute supply before larger bull cycles begin. At present, Dogecoin is above the $0.081 level, which is the lower mid-range boundary of a five-year parallel channel that has been active since 2021.

Martinez cited on-chain data to explain why this zone is acting as strong support. The UTXO Realized Price Distribution (URPD) is a metric that tracks the price levels at which all circulating tokens were last moved. According to this data, there is a heavy concentration of supply at $0.081, where more than 30 billion DOGE tokens were last transacted. He describes this as a major historical cluster of spot exposure, forming both psychological and structural support at the current price level.

To top that, over the past week, whales have accumulated more than 200 million DOGE tokens, which indicates continued buying interest near this same price zone.

Targets for DOGE

Martinez further outlined a dollar-cost averaging approach instead of trying to time short-term price moves or pick exact bottoms. His framework focuses on building positions gradually across two key levels. The first is $0.081, which aligns with the URPD concentration and the mid-range of the long-term channel. The second is $0.058, which represents the lower boundary of the multi-year channel structure.

He describes two possible scenarios from here. In the first, if the $0.081 level continues to absorb selling pressure, Dogecoin could stabilize and move back toward higher levels within its broader channel, supported by ongoing whale demand. In the second scenario, if broader macro conditions push the price below $0.081 on a weekly close, the structure would move into a deeper valuation phase, following which the next major support sits at $0.058.

In a separate analysis, Alphractal’s Joao Wedson stated that DOGE is now in a price bottoming phase based on the CVDD Signal that has previously marked major market bottoms.

According to him, every time Dogecoin has approached or briefly traded below this level, strong reversals have followed. He added that the next signal would be triggered if DOGE drops below $0.08.

El puesto Could Dogecoin (DOGE) Be Setting Up for Its Next Big Move? Analysts Think So apareció por primera vez en CryptoPotato.


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