{"id":44649,"date":"2026-05-24T17:00:59","date_gmt":"2026-05-24T17:00:59","guid":{"rendered":"https:\/\/cryptd.in\/dogecoin-price-repeating-2024-setup-with-retest-of-fib-fan-before-possible-breakout-wave\/"},"modified":"2026-05-24T17:00:59","modified_gmt":"2026-05-24T17:00:59","slug":"dogecoin-price-repeating-2024-setup-with-retest-of-fib-fan-before-possible-breakout-wave","status":"publish","type":"post","link":"https:\/\/cryptd.in\/sv\/dogecoin-price-repeating-2024-setup-with-retest-of-fib-fan-before-possible-breakout-wave\/","title":{"rendered":"Dogecoin Price Repeating 2024 Setup With Retest Of Fib Fan Before Possible Breakout Wave"},"content":{"rendered":"<p>Dogecoin is at a technical area <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoins-fisher-transform-turns-bullish\/\" target=\"_blank\" rel=\"noopener \">that will look very familiar<\/a> to traders who followed its 2024 rally. The weekly chart shows Dogecoin is pressing into a long-term Fibonacci fan structure drawn from the 2021 peak, with the current retest coming near the 0.618 Fib fan after a similar 0.5 Fib fan retest preceded the large move in October 2024.<\/p>\n<p>This technical setup <a href=\"https:\/\/bitcoinist.com\/dogecoin-bullish-divergence-500\/\" target=\"_blank\" rel=\"noopener nofollow\">does not confirm a breakout <\/a>on its own, but it places Dogecoin at one of its most important weekly decision points in months.<\/p>\n<h2><b>Dogecoin Returns To A Familiar Fib Fan Structure<\/b><\/h2>\n<p>The main idea <a href=\"https:\/\/x.com\/_CryptoSurf\/status\/2057015312139096484?s=20\" target=\"_blank\" rel=\"noopener nofollow\">of this technical analysis <\/a>is that Dogecoin is still trading inside a long-term descending resistance structure that began from the 2021 all-time high price of $0.7316. However, the analysis also uses an interesting Fibonacci waves indicator in the form of expanding fan lines extending from the memecoin\u2019s peak price.<\/p>\n<p>These lines have acted as long-term resistance and breakout markers across DOGE\u2019s post-2021 structure. Price spent much of 2022 and 2023 below these fan lines, only pushing into stronger recoveries when it reclaimed one of them.<\/p>\n<p><img decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/QPkwOSSN\/\" width=\"1634\" height=\"951\" loading=\"lazy\" \/><\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-parabolic-rally-next\/\" target=\"_blank\" rel=\"noopener \">The comparison is<\/a> the October 2024 retest. At that time, DOGE fell below the 0.5 Fib fan area, held the structure below for a while, and then followed with a rally that sent its price to as high as $0.48 in December 2024. The chart now shows a similar retest developing around the 0.618 Fib fan, with the Dogecoin price currently trading around the $0.10 to $0.11 range.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter size-full wp-image-897504\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/a_50a8bb.png?resize=1024%2C552\" alt=\"\" width=\"1024\" height=\"552\" loading=\"lazy\" \/><\/p>\n<p><a href=\"https:\/\/x.com\/_CryptoSurf\/status\/2057015312139096484?s=20\" target=\"_blank\" rel=\"noopener nofollow\">Dogecoin Price Chart. Source: @_CryptoSurf On X<\/a><\/p>\n<h2><b>Is Dogecoin Preparing For Another Wave?<\/b><\/h2>\n<p>Dogecoin\u2019s current interaction with the indicator shows it may be checking whether another Fib level can behave like support. If it holds, the setup will mean that<a href=\"https:\/\/www.newsbtc.com\/analysis\/doge\/dogecoin-doge-slow-bleed-0-10\/\" target=\"_blank\" rel=\"noopener \"> Dogecoin is building another <\/a>base at a Fib fan level similar to the Q4 2024 run.\u00a0<\/p>\n<p>The ideal scenario for a bullish run is that DOGE holds above $0.095, pushes through $0.115, and begins climbing back above $0.14. That would make the 0.618 Fib fan retest look more like the October 2024 setup, where a technical hold came before a larger wave.\u00a0<\/p>\n<p>On the other hand, if the setup fails, the repeat pattern loses credibility, and the Dogecoin price <a href=\"https:\/\/www.newsbtc.com\/analysis\/doge\/dogecoin-doge-faces-fresh-downside-risk-0-1075\/\" target=\"_blank\" rel=\"noopener \">may return to lower<\/a> support zones. A weekly breakdown below $0.095 would weaken the current pattern and lead to a consolidation between $0.095 and $0.08.<\/p>\n<p>Dogecoin\u2019s current price structure <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/timing-the-dogecoin-bottom\/\" target=\"_blank\" rel=\"noopener \">is not yet bullish,<\/a> but if history is any precedent, the bullish playout is the most possible scenario, as Dogecoin has never spent a notable amount of time below any Fibonacci fan level.<\/p>\n<p>At the time of writing, Dogecoin is trading at $0.1028.<\/p>\n<p><em>Featured image from Pixabay, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Dogecoin is at a technical area that will look very familiar to traders who followed its 2024 rally. The weekly chart shows Dogecoin is pressing into a long-term Fibonacci fan structure drawn from the 2021 peak, with the current retest coming near the 0.618 Fib fan after a similar 0.5 Fib fan retest preceded the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":44651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dogecoin Price Repeating 2024 Setup With Retest Of Fib Fan Before Possible Breakout Wave - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/sv\/dogecoin-price-repeating-2024-setup-with-retest-of-fib-fan-before-possible-breakout-wave\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Price Repeating 2024 Setup With Retest Of Fib Fan Before Possible Breakout Wave - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Dogecoin is at a technical area that will look very familiar to traders who followed its 2024 rally. 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