Dogecoin Weekly Chart Signals Growing Momentum Toward $1

Key Insights

  • Dogecoin’s long-term ascending support pattern is holding firm and this is creating renewed expectations for a potential earlier expansion phase.

  • If bulls break the short-term resistance at $0.16 convincingly structures suggest there is room for broader momentum continuation.

  • DOGE ETF inflow volatility and sustained DeFi TVL growth shows that market participants are active and positions are evolving within current trading conditions.

Dogecoin analysts have highlighted its long-term structure staying intact despite short-term pressure. Many in the market are watching closely to see whether it’s gearing up for another expansion phase that could support a push toward the projected $1 level by 2026.

Long-Term Structure Builds a Renewed Launch Setup

Popular trader Tardigrade presented a weekly chart showing Dogecoin respecting an ascending diagonal support line. This trendline has served as a base for several past rallies, causing rebounds of 86%, 210%, and 442%. 

Each of this surge was followed by periods of extended compression, and this is giving traders a reference point for the current structure. The analysis further displayed a projected move toward $1, framed as a 611% advance from present levels. 

While speculative, the projection stems from prior impulsive phases that developed after the coin stabilized along the same support. The chart indicates that volatility has tightened again, which often appears during accumulation phases

The post argued that the asset has returned to a familiar launch zone. The pattern has not broken, and the positioning resembles earlier stages where momentum later expanded. The view remains neutral, yet it presents the structural case for a larger move if the trendline remains intact.

DogeCoin 1Week Chart/  Source: X

Short-Term Resistance Limits Momentum

Short-term action shows a different picture as the meme coin recently met heavy resistance near $0.16. Trader commentary noted that the move into $0.1568 occurred with declining volume, suggesting buyer exhaustion after a sharp 17% rise. 

Analysts have observed that bulls must reclaim $0.16 with stronger volume or risk falling back under $0.15.The analyst added that consolidation is forming on the four-hour and daily charts while the market absorbs sell pressure from the golden pocket region. 

A weak push into resistance could prompt another rejection, which would delay any attempt at broader recovery. Scenario-based analysis mentioned that a quick tap of $0.183 followed by support at $0.155 could open the door for a larger formation. 

Such a move would support the emerging daily inverse head and shoulders pattern, though this setup remains dependent on stronger volume.

ETF Demand Drops as Intraday Swings Continue

Dogecoin’s new spot ETF products experienced a sharp decline in daily inflows, falling from $1.8 million to $365,420 in one session. This drop came as broader crypto assets showed steady recovery. This event created attention around meme-based investment products.

Consequently, the two newly launched ETFs recorded a combined $2.16 million in inflows and processed $3.23 million in volume. However this was short lived as abrupt slowdown suggested that early demand cooled quickly even as the wider market advanced.

Intraday charts showed price movement between $0.149 and $0.155, with frequent swings but no clear direction. Market capitalization fluctuated between $22.6 billion and $23.6 billion, showing bursts of buying and selling throughout the day.

Looking at the longer-term charts, the steady rise in total value locked within Dogecoin-based DeFi from 2023 through 2025 points to a maturing and gradually expanding ecosystem. Even though TVL has pulled back from its peak, it’s still sitting well above levels from previous years.

That resilience adds weight to the idea that Dogecoin could be gearing up for another expansion phase, supported by a stronger foundation and growing user participation.

 

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