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Analyst Highlights Fibonacci Level That Could Put Dogecoin Price Top Above $10 12 January 2026 at 17:30

Analyst Highlights Fibonacci Level That Could Put Dogecoin Price Top Above $10

By: Scott Matherson

12 January 2026 at 17:30

Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level that indicates that the Dogecoin price top is above $10. The analyst also highlighted the meme coin’s performance during past bull cycles to explain why it could rally to double digits.

Dogecoin Price Eyes Rally Above $10 Based on These Fibonacci Extensions

In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10, which would mark the top for the foremost meme coin. This came as he noted that the monthly DOGE chart highlights where major cycle peaks have historically formed using Fibonacci extensions and that this pattern is “remarkably consistent.”

The crypto analyst mentioned that in the first cycle, the Dogecoin price topped exactly at the 4.236 Fibonacci level. In the second cycle, DOGE is said to have peaked again at the 4.236 Fibonacci level. DOGECAPITAL remarked that this pattern isn’t random but rather a structural behavior.

He then stated that if this pattern continues into the next cycle, the data strongly suggests that the Dogecoin price’s upcoming cycle top could again align with the 4.236 Fibonacci level, which currently sits at $33.25. DOGECAPITAL added history doesn’t repeat perfectly, but it often rhymes. In this case, DOGE has followed its long-term Fibonacci structure with “near-perfect accuracy,” which is why he is confident that the meme coin could reach this price target.

Meanwhile, it is worth mentioning that DOGECAPITAL’s accompanying chart showed that the Dogecoin price could reach this $33.25 target between now and 2028. Interestingly, the chart showed that DOGE could rally to as high as $100 if it reaches the upper boundary of the ascending channel. A rally to these targets would mark new all-time highs (ATHs) for the meme coin, whose current ATH is $0.74.

Market Cap Doesn’t Matter For DOGE

A potential Dogecoin price rally to $33.25 would give the meme coin a market cap of around $5.6 trillion. However, DOGECAPITAL stated that market cap has never dictated how DOGE moves. He said that if it did, half the insane runs in crypto wouldn’t exist. The analyst noted that Shiba Inu exploded to a massive valuation in 2021 with no “realistic” justification, yet the market still sent it to such highs.

DOGECAPITAL stated that his focus is on the long-term Fibonacci structure and that the Dogecoin price has topped at the 4.236 Fib level in two separate cycles. He added that this is the entire point of the chart and that it is not tied to any quarter, fundamentals, or market cap logic. The analyst also claimed that short-term volatility doesn’t erase a decade-long pattern and that if the Fib structure breaks, he will adjust accordingly.

At the time of writing, the Dogecoin price is trading at around $0.14, up in the last 24 hours, according to data from CoinMarketCap.

NewsBTC
Solana Structure Suggests One Final Test Before Bulls Can Step In 12 January 2026 at 07:00

Solana Structure Suggests One Final Test Before Bulls Can Step In

NewsBTC

By: Godspower Owie

12 January 2026 at 07:00

Solana’s price action is sending a clear message: the correction may not be finished yet. While buyers continue to show up at key levels, the broader structure still points to the possibility of one final downside test before a sustainable move higher can take shape.

Wave IV Still Unfinished As C-Wave Pressure Persists

Crypto analyst More Crypto Online, in a recent update, explained that Solana’s chart structure still points to the possibility of another downside move before the ongoing correction is fully completed. Within the orange scenario, price action continues to align with a C-wave decline in a broader wave IV correction, keeping the corrective outlook valid as long as the structure remains non-impulsive.

Even when viewed through the alternative white scenario, the current pullback can still be classified as an A-wave, which leaves room for another low before a B-wave recovery begins or before a potential fifth wave to the upside develops. In both interpretations, the analyst noted that the correction may not yet be finished.

From a short-term perspective, the chart suggests that Solana could drift lower into the $81 to $90 region. Currently, there are no clear structural signals indicating an immediate bullish continuation, as the absence of impulsive upside movement keeps downside scenarios firmly in play.

However, if prices were to turn higher from current levels without setting a new low, the broader structure since January 2025 would start to resemble a triangular consolidation rather than a completed wave IV. This alternative setup would imply extended sideways movement instead of a rapid trend resumption. Until stronger upside momentum appears, the focus remains on the risk of one more corrective low.

Controlled Reaction At The 50% Fibonacci Signals Solana Buyer Strength

AltCoin Việt Nam stated that Solana’s current price action is showing a strong and reassuring reaction around the 50% Fibonacci level. Instead of breaking down aggressively, the price has been rebounding in a controlled manner, suggesting that buyers are still maintaining influence. From a wave-structure perspective, wave IV does not appear to be rushing toward completion, leaving room for wave C to extend further if the market continues to move in line with the broader rhythm.

Adding to the bullish bias is the ongoing ETF narrative surrounding Solana. Spot SOL inflows are not arriving in a FOMO-driven manner, but rather through steady accumulation across several sessions. This type of capital flow often reflects longer-term positioning rather than short-term speculation, which explains why the price tends to rebound quickly whenever it revisits key support zones.

That said, the outlook is not without invalidation. A sustained move below the 50% Fibonacci level would signal that the current structure has broken down. However, the analyst views the recent pauses as temporary breathers within a broader upward structure, rather than the beginning of a meaningful downtrend.