- Dogecoin’s weekly chart forms a rounded accumulation base, suggesting an early stage of long-term recovery.
- TheoTrader and CT analysts view DOGE as preparing for an expansion phase after years of structured consolidation.
- DOGE’s rising trading volume and stability above $0.25 indicate strong participation and sustained market confidence.
The current chart structure Dogecoin plays a long-term base that is in formation and has attracted the interest of the crypto market at large. The analysts consider the current accumulation as one of the possible forerunners of a new expansion phase and it indicates that the asset could be gearing to take its next directional action.
Dogecoin Shows a Multi-Year Accumulation Structure
The Dogecoin (DOGE/USDT) weekly chart shared by analyst TheoTrader (@theo_crypto99) presents a clear long-term accumulation structure. The pattern reveals a large rounding bottom — a technical formation often associated with steady accumulation before potential expansion. This setup has drawn attention from several market participants who view it as one of the most constructive base formations in the current cycle.
TheoTrader commented, “I agree with CT on this. One of the best looking accumulation charts right now. Absolute send.” This view aligns with the chart’s gradual development of higher lows since mid-2022, showing consistent defense from long-term buyers. The rounding support curve marks a structural transition from a prolonged decline to renewed accumulation, capturing the psychological shift from distribution to quiet reaccumulation.
Such patterns typically emerge when market sentiment begins to recover after capitulation. The gradual slope indicates patient accumulation by long-term holders, often leading to tightening volatility before the next phase of expansion. DOGE’s chart structure currently sits at a late-stage accumulation point, showing market maturity and controlled recovery momentum.
Technical Structure and Market Positioning
From a technical viewpoint, Dogecoin’s rounded base shows progressive price stabilization after its sharp decline from the 2021 all-time high near $0.74. The extended sideways movement that followed created an accumulation zone around $0.20–$0.25, where long-term participants appear to have established positions. This area has repeatedly acted as a pivot, balancing supply and demand across market cycles.
If price momentum continues to build along the right side of the pattern, DOGE could approach mid-term resistance around $0.40–$0.45. A confirmed breakout above this level may activate the full measured target of the rounding bottom, potentially extending toward the $0.75–$0.80 region. This would represent a complete structural transition from accumulation to expansion within the macro framework.
Volume dynamics often validate such setups. In similar historical formations, volume typically compresses during the accumulation phase and begins to expand as the pattern matures. Although the weekly chart does not display volume directly, market data indicates a recent increase in participation — consistent with a pre-breakout environment.
Market Data Reflects Steady Growth and Confidence
The most recent market records indicate that Dogecoin is trading at approximately $0.2607 with a 1.6% price increase in a day. Its range of 24 hours is $0.2548-$0.2703 which is a moderate volatility in the upward bias. With a market capitalization of $39.4 billion, DOGE is listed among the largest big digital assets, and its valuation is almost fully diluted with an almost equal valuation of $39.42 billion.
The 24 hours trading of $3.73 billion indicates that it is well-traded in the key markets. This activity level shows that there is reliable liquidity and good turnover ratio meaning the changes in prices are backed by depths of real trading. Dogecoin has low inflation risk owing to a circulating supply of $151.22 billion tokens and this further keeps it stable over time.
The technical and market structure together point to a maturing phase of recovery. Dogecoin’s consistent price action above key psychological levels, combined with rising volume, suggests constructive accumulation rather than speculative spikes. If the pattern continues to develop as shown in TheoTrader’s chart, the asset could be approaching a pivotal stage where a sustained move higher becomes increasingly probable.
