Dogecoin’s price has been quiet for months, but technical analysis suggests this calm period might be exactly why the meme coin is worth paying attention to again. According to a crypto analyst known as CoinForge on X, Dogecoin is following the same pattern it did in 2024, when a long descending triangle eventually led to a sharp breakout rally. The attached chart compares both setups side by side, showing the 2024 pattern before its explosive move and the current 2026 formation at a similar technical point.
Dogecoin Repeating the Descending Triangle from 2024
For much of 2026, Dogecoin has looked like a forgotten asset in a market where traders have focused more on Bitcoin’s declines, Ethereum’s weakness, and other popular cryptocurrencies like XRP. However, a look at the daily candlestick chart reveals a structural similarity between the late 2024 rally and the current situation.
Related Reading: Analyst Explains Why Bitcoin Must Drop to $42,000 First
In 2024, Dogecoin formed a descending triangle—a pattern marked by a series of lower highs pressing against a support level. This pattern played out from March 2024 to mid-September 2024, before resolving near the end of the month. Dogecoin broke out of that descending triangle and rallied 300%, eventually reaching a multi-year high of $0.48 in December 2024.
As shown in the chart below, the 2026 pattern has been following a similar compression phase, though over a longer timeframe. Dogecoin has been moving under a descending resistance line since August 2024, with repeated attempts to push higher being rejected. The key point here isn’t that Dogecoin has already broken out of the triangle, but that it appears to be tightening into the same kind of breakout zone that preceded the 2024 surge.
Dogecoin Price Chart. Source: @Realcoinforge On X
Dogecoin Is About to Do Something Big
Now that it’s clear Dogecoin is approaching that same breakout phase, the analysis also shows potential upside if the 2026 pattern mirrors 2024. The dotted path on the current Dogecoin chart suggests a breakout, a pause that looks like a retest, and then a much larger rally that brings Dogecoin back to $0.5. “Don’t miss your second chance,” the analyst said.
Related Reading: Has Bitcoin Bottomed at $60,000 to Return to $100,000, or Is This Just the Start of Another Crash?
At the time of writing, Dogecoin is trading at $0.09377, down 5% in the past 24 hours. The leading meme coin can’t seem to catch a break from sellers, as it’s also down 16.6% over the past 30 days. A breakout above the descending resistance line would be the first real sign that buyers are starting to regain control. That line is currently around $0.12, making it the immediate level Dogecoin needs to clear before targeting the $0.12 to $0.15 range.
Featured image created with Dall.E, chart from Tradingview.com
Frequently Asked Questions
Here is a list of FAQs about a pundit claiming Dogecoin is about to do something crazy written in a natural tone with clear answers
BeginnerLevel Questions
Q What does it mean when a pundit says Dogecoin is about to do something crazy
A Usually it means the pundit expects Dogecoins price to make a big sudden moveeither shooting up or crashing down Its a dramatic way of saying high volatility is coming
Q Who is a pundit
A A pundit is an expert or commentator who gives opinions on a specific topic like cryptocurrency They dont control the marketthey just make predictions
Q Should I buy Dogecoin right now because a pundit said it will go crazy
A No Never buy or sell based on one persons opinion Pundits are often wrong Do your own research or wait for clear market signals
Q Is Dogecoin actually going to do something crazy or is it just hype
A It could be either Dogecoin is very sensitive to social media buzz Elon Musk tweets and news A pundits claim might create hype that briefly moves the price but its not a guarantee
IntermediateLevel Questions
Q What kind of crazy thing could Dogecoin realistically do
A Possible crazy moves include a sudden 2050 price spike in a day a flash crash a major exchange listing or a surprise endorsement from a celebrity Less likely a total collapse or a parabolic rally
Q How does a pundits prediction actually affect Dogecoins price
A If the pundit is wellknown their statement can trigger FOMO or FUD This leads to a shortterm price bump or dip but it rarely lasts
Q Whats the difference between a pundit prediction and a technical analysis for Dogecoin