The US crypto market has welcomed a new entrant as 21Shares rolls out its Spot Dogecoin ETF, giving investors another avenue to engage with the infamous dog-themed meme coin. Trading kicked off amid a mix of curiosity and caution, with on-chain data already showing how much the DOGE ETF has performed so far. 

21Shares Launches Dogecoin ETF

In a press release on Thursday, January 22, 21Shares announced the official launch of its Spot Dogecoin ETF, TDOG, which began trading on NASDAQ the same day. The new ETF provides investors with direct exposure to Dogecoin through a fully backed, regulated, and transparent vehicle. Each ETF share is also backed 1:1 by DOGE held in institutional-grade custody. 

Notably, the launch of the new TDOG ETF brings the total number of US Dogecoin ETFs to three, joining Grayscale’s GDOG and Bitwise’s BWOW. 21Shares is also the only ETF provider endorsed by House of Doge, the official corporate arm of the Dogecoin foundation, highlighting the global asset manager’s close ties to the meme coin. 

As one of the largest crypto ETF issuers, 21Shares continues to expand its crypto product lineup with the introduction of TDOG. This follows the investment company’s previous ETF offerings, including TSOL, a Solana ETF released in November 2025; ARKB, a Spot Bitcoin ETF launched in January 2024; and TETH, an Ethereum ETF introduced in July of the same year. Together, these products demonstrate 21Shares’ commitment to providing institutional-grade access to high-demand digital assets. 

Federick Brokate, Global Head of Business Development at 21Shares, highlighted DOGE’s large and active global community, calling it a unique digital asset with constantly growing use cases. He added that the new TDOG ETF will give investors regulated, physically backed exposure through a familiar ETF structure they know and trust. 

Marco Margiotta, the CEO of House of Doge, also shared comments on the recently launched 21Shares ETF. He said that TDOG is a step toward making Dogecoin easier to access through traditional financial systems. He also disclosed that House of Doge’s partnership with 21Shares will help more people get involved as the Dogecoin ecosystem grows. 

How 21Shares Dogecoin ETF Has Performed So Far

Contrary to expectations, 21Shares’ recently launched Dogecoin ETF saw weak performance on the first day of trading, signaling investors’ lack of interest in the investment product. Data from SoSoValue shows that TDOG experienced no inflows on January 22 and instead declined by about 0.07%. Despite it being the second day of trading, the DOGE ETF has still not registered any flows. 

This lackluster performance has been observed across all Dogecoin ETFs this week. Grayscales’ GDOG and Bitwise BWOW have reported zero inflows over the last week. The last time GDOG saw positive activity was on January 8, when it received around $333,083 in investments. Before that, the ETF recorded its highest inflows on January 2, totaling roughly $2.3 million. Since its launch in November 2025, GDOG ETF inflows have been unstable, with more days of inactivity than significant investment. 

Dogecoin’s attempt to join the institutional ETF lineup is running into a basic problem: institutions may not want it. In a Jan. 22 conversation on the Crypto Prime podcast, Bloomberg Intelligence ETF analyst James Seyffart and host Nate Geraci who is also the President of NovaDius Wealth Management said spot Dogecoin ETFs have attracted “near zero” demand so far, an outcome they tied to who typically buys DOGE, and how financial advisers think about reputational risk inside client portfolios.

The Dogecoin datapoint landed inside a broader discussion about a crowded crypto ETF pipeline. Seyffart said his running tally of crypto ETF filings has climbed “over 150 unquestionably,” with many products spanning spot and derivatives, income overlays, buffers, and multi-asset structures. The surge, he argued, looks like issuers “throw[ing] the spaghetti at the wall” in 2026.

Dogecoin ETF Reality Check

But volume of filings doesn’t guarantee demand, and Dogecoin is the clearest example offered of that gap thus far. Pressed on which existing products stood out, Seyffart said “nothing really stands out,” before singling out Dogecoin as the exception, precisely because it has not resonated.

“The real honest answer is like nothing really stands out to me […] honestly if I have to pick one thing that kind of stands out, it’s probably that the Doge ETFs have gotten almost no interest whatsoever,” he said. He added that while some newer altcoin products have done “decently well,” Dogecoin has not.

My conversation w/ @JSeyff on current state of crypto ETFs…

We discuss: -Crypto ETF sentiment -150+ crypto-related ETF filings -Morgan Stanley crypto ETFs -BlackRock’s next move -Index & active crypto ETFs -Recent flows -What’s nexthttps://t.co/2TzJAnKXuK

via @CryptoPrimePod pic.twitter.com/mtDuuDirB7

— Nate Geraci (@NateGeraci) January 22, 2026

Seyffart and Geraci converged on a demand thesis: the marginal buyer of DOGE likely already has the tooling and habit set to buy it directly, rather than through an ETF wrapper.

“I remember talking to the guys at Bitwise. I was like, I don’t think anyone’s going to buy this,” Seyffart said. “But maybe I’m wrong. I’ve been wrong plenty of times before. But I mean, literally no one has bought like the Doge ETFs […] I had pretty low expectations, but I thought maybe they could get to a point where they’re slightly profitable.”

Seyffart pointed to Bitwise’s product—ticker BWOW—as an early scoreboard: “it’s under a million in assets right now,” he said, calling that “near zero demand.” He cautioned the funds are still new, noting the Bitwise product launched at the end of November, but framed the initial traction as “very minuscule.”

Geraci’s explanation was blunter: ”The people who buy that, in general, these are degens and they already know how to access this. They already have digital wallets. They don’t need an ETF to access this […]. And I think that’s going to be a lot of these other coins that are much further down the market cap spectrum.”

Geraci argued Dogecoin faces an additional headwind that doesn’t show up in crypto-native narratives but matters in the ETF market: advisers.

“The other aspect here […] is what I call client statement risk,” Geraci said. “So financial advisors, they’re the biggest driver of ETF flows. And so let’s take Dogecoin as an example […] If you’re a financial adviser and you have a Dogecoin ETF show up on a client statement […] it’s like a flashing red light saying, ‘Please fire me and go find another adviser.’”

That framing matters because the episode repeatedly returned to distribution realities. Seyffart said he’s most excited about basket and index-style crypto ETFs, in part because advisers don’t want to “pick those winners and losers” across a growing long tail of assets. In Geraci’s view, a basket is the “easy button” for professional allocators who want crypto exposure without underwriting each token’s story or defending it to clients.

Seyffart also suggested “what the actual chain is doing” can shape adviser appetite, contrasting niche infrastructure plays such as Chainlink, which he described as connecting DeFi and TradFi, against meme assets like DOGE, which he implied may be less “appetizing” for ETF buyers.

At press time, DOGE traded at $0.12479.

Qubic says it is now building a Dogecoin mining integration, a step that moves the project’s post-Monero “attention” narrative into an implementation phase and reopens a familiar set of security questions around majority-hashrate risk.

In an X post shared Thursday, Qubic wrote: “The community didn’t hesitate. The vote was decisive: DOGE won with 301 votes. This isn’t a plug-and-play upgrade. Integrating ASIC hardware into uPoW requires real engineering, deep protocol work, and time to do it right. But the upside is significant. DOGE represents one of the largest and most established mining economies in crypto. Bringing it into Qubic’s useful Proof-of-Work model extends uPoW beyond theory, into scale. […] Development is underway. This is just the beginning of what is to come.”

Dogecoin mining integration is actively in development.

The community didn’t hesitate. The vote was decisive: #DOGE won with 301 votes.

This isn’t a plug-and-play upgrade.

Integrating ASIC hardware into uPoW requires real engineering, deep protocol work, and time to do it… pic.twitter.com/7aBgxfLdDR

— Qubic (@_Qubic_) January 22, 2026

Could Dogecoin Suffer A 51% Attack?

The announcement lands with baggage. In August 2025, Qubic ran what it publicly described as a Monero “takeover demonstration,” claiming it had achieved “over 51% hashrate dominance” during parts of the experiment and reporting a brief chain disruption that included a six-block reorganization and orphaned blocks. That episode became a lightning rod for the broader PoW security debate: how quickly external incentives can concentrate hashpower, and how markets react when “51%” enters the conversation.

Subsequent research challenged the strongest interpretation of those claims. A December 2025 paper reconstructing Qubic-attributed activity on Monero describes the operation as an advertised “selfish mining campaign,” finding Qubic’s hashrate share rising into the 23–34% range in detected intervals, while “sustained 51% control is never observed.”

Dogecoin’s mining economy is structurally unlike Monero’s CPU-oriented RandomX landscape. Dogecoin uses Scrypt and has, since 2014, supported merged mining alongside Litecoin, an architecture that has historically helped bolster its security budget by tapping into a broader Scrypt ASIC miner base.

That hardware reality is central to Qubic’s own messaging. The project said “integrating ASIC hardware into uPoW requires real engineering, deep protocol work, and time to do it right,” explicitly acknowledging that this is not a simple pool launch.

It is also where most of the immediate 51% attack fears run into friction. In an August 2025 research note, published when Qubic first began floating Dogecoin as the “next” network after Monero, 21Shares argued that a brute-force Dogecoin majority would be economically prohibitive, estimating that Qubic would need to match and then exceed roughly 2.78 PH/s, implying about $2.85 billion in hardware plus roughly $2.5 million per day in electricity (before logistics).

The more plausible risk vector, if any, is not Qubic buying its way to majority hashrate, but whether it can engineer incentives and integrations that convince existing Scrypt ASIC operators to route meaningful hashpower through a Qubic-mediated setup, an approach 21Shares characterized as “vampire mining.”

At press time, DOGE traded at $0.12521.

21Shares has announced the launch of the first spot DOGE Exchange-Traded Fund (ETF) backed by the Dogecoin Foundation, aiming to offer investors regulated, physically backed access to the largest memecoin by market capitalization.

Dogecoin Goes From Memecoin To Wall Street

On Wednesday, financial services company 21Shares announced the launch of its 21Shares Dogecoin ETF (TDOG) on Nasdaq to provide “a new way to gain physically-backed DOGE exposure in traditional portfolios.”

According to the announcement, the firm’s DOGE ETF is the only investment product of its category to be officially endorsed by the Dogecoin Foundation, the nonprofit organization dedicated to supporting the ecosystem’s development.

Notably, two other spot DOGE ETFs are live: Grayscale’s GDOG and Bitwise’s BWOW. As reported by NewsBTC, the funds debuted in late November, becoming the first DOGE ETFs in the US market.

TDOG’s launch builds on 21Shares’ collaboration with the House of Doge, the corporate arm of the foundation supporting the ecosystem, to create new opportunities across the Dogecoin ecosystem.

The newly launched product will offer investors direct exposure to DOGE through a fully backed, transparent, and exchange-traded vehicle, holding the asset on a 1:1 basis in institutional-grade custody.

Regarding its decision to launch a DOGE ETF, 21Shares affirmed that the memecoin “captures the spirit of internet culture and continues to evolve in our digital economy.” Moreover, the firm argued that it has “helped onboard many new users to crypto, and for many people, this may serve as their first step into crypto.”

Federico Brokate, 21Shares’s Global Head of Business Development, stated that “Dogecoin is a unique asset with a global community and expanding real-world use cases,” adding that “TDOG offers investors regulated, physically backed exposure to DOGE through an ETF structure they already understand and trust.”

DOGE Prepares For New Rally

Analyst Bitcoinsensus suggested that the leading memecoin “could be on for a massive rally to the upside” based on its performance throughout this cycle. The market watcher explained that the cryptocurrency has been experiencing “mini cycles” since 2023, which have led to “bigger and bigger rallies.”

According to the chart, after its late 2022 pump, Dogecoin consolidated within a tight range before a 190% breakout in early 2024. Similarly, the memecoin repeated the same pattern throughout 2024, accumulating for months before a 480% breakout at the end of that year.

Now, DOGE has been consolidating within the $0.125-$0.280 price range for nearly a year, leading the analyst to believe that a breakout towards a higher target near the $0.750 level is possible.

Meanwhile, Trader Tardigrade also suggested that Dogecoin may be preparing for a massive breakout as it appears to be following its performance between late 2022 and 2024.

At the time, the cryptocurrency had apparently bottomed out but ultimately recorded another local low before reversing. Based on this, the analyst affirmed that the memecoin “might see a slightly lower low” in the coming weeks, before the next massive surge occurs.

As of this writing, Dogecoin is trading at $0.1249, a 1.75% decline in the daily timeframe.

Dogecoin started a recovery wave above the $0.120 zone against the US Dollar. DOGE is now facing hurdles near $0.1280 and might struggle to continue higher.

• DOGE price started a recovery wave from $0.1150 and climbed above $0.120.
• The price is trading below the $0.130 level and the 100-hourly simple moving average.
• There was a break above a key bearish trend line with resistance at $0.1240 on the hourly chart of the DOGE/USD pair (data source from Kraken).
• The price could continue to move up if it stays above $0.120.

Dogecoin Price Faces Resistance

Dogecoin price started a recovery wave from the $0.1150 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.1180 and $0.120 resistance levels.

There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1154 low. Besides, there was a break above a key bearish trend line with resistance at $0.1240 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.130 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1260 level. The first major resistance for the bulls could be near the $0.1285 level.

The next major resistance is near the $0.1330 level and the 50% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1154 low. A close above the $0.1330 resistance might send the price toward the $0.1420 resistance. Any more gains might send the price toward the $0.150 level. The next major stop for the bulls might be $0.1550.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.1280 level, it could continue to move down. Initial support on the downside is near the $0.1230 level. The next major support is near the $0.120 level.

The main support sits at $0.1150. If there is a downside break below the $0.1150 support, the price could decline further. In the stated case, the price might slide toward the $0.1080 level or even $0.1050 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level.

Major Support Levels – $0.1200 and $0.1150.

Major Resistance Levels – $0.1280 and $0.1330.

Dogecoin (DOGE) is once again testing investors’ patience as it trades near the $0.12 level, a zone that has become a focal point after weeks of volatility.

The meme coin has shed more than 20% from its recent highs near $0.15, but recent price action suggests selling pressure may be easing. At the same time, on-chain data and new developments around token usage are adding fresh context to DOGE’s short-term outlook.

As of January 22, Dogecoin is hovering between $0.12 and $0.13, with daily trading volumes still elevated compared to earlier this month. Market participants are closely watching whether this consolidation marks the start of a recovery or merely a pause before another leg lower.

DOGE Accumulation Signals Emerge Around Key Support

On-chain liquidity data indicates gradual accumulation near the $0.12–$0.127 range. Analysts note that DOGEhas repeatedly defended this support zone, suggesting buyers are stepping in incrementally rather than aggressively.

This pattern often appears during early accumulation phases, where larger players avoid driving prices sharply higher.

Technical indicators present a mixed picture. Dogecoin is trading slightly above its 50-day moving average, while the Relative Strength Index sits near neutral levels, leaving room for movement in either direction.

Trading volume has increased over the past week, pointing to renewed interest, but resistance remains firm around $0.13 to $0.14. A confirmed break above this range could open the door to a move toward $0.14, while a loss of $0.12 may expose downside levels near $0.115 or lower.

Broader Market and Sentiment Factors

Market sentiment continues to weigh on Dogecoin’s trajectory. The Crypto Fear & Greed Index remains in “fear” territory, reflecting cautious positioning across digital assets. Bitcoin’s dominance is another variable to watch.

Historically, periods of declining Bitcoin dominance have coincided with capital rotation into altcoins like DOGE.

Macroeconomic signals and regulatory developments also remain relevant. Any shift toward a clearer or more favorable regulatory stance in the U.S. or Europe could improve risk appetite, while renewed uncertainty may pressure speculative tokens.

Token Utility Expands With Payment App Plans

Beyond price action, Dogecoin’s fundamentals are evolving. The House of Doge has confirmed plans to launch a Dogecoin payment app, “Such,” in the first half of 2026. The app is designed to support wallets, DOGE purchases, and direct payments, with a focus on small businesses and peer-to-peer commerce.

While the announcement has not yet translated into price momentum, it highlights ongoing efforts to expand Dogecoin’s real-world use. Over time, increased utility could help DOGE move beyond short-term trading narratives. Currently, Dogecoin remains largely driven by sentiment, technical levels, and broader market trends.

Cover image from ChatGPT, DOGEUSD chart on Tradingview

Dogecoin price has returned to a level that should be watched closely for long-term price action, as multi-year chart structures begin to resemble conditions that preceded its last historic rally. 

Still spending years correcting from its 2021 peak, Dogecoin is now trading inside a well-defined accumulation zone on the higher time frame, according to a new technical analysis shared by Crypto Patel on X. The analyst noted that this phase may be setting the stage for a macro Wave 5 expansion that takes the meme coin to new price highs, provided important support levels continue to hold.

Dogecoin Sitting In High-Timeframe Accumulation Zone

Technical roadmap on the 2-week candlestick timeframe chart breaks Dogecoin’s price action after the 2021 price high into Elliott Wave phases. Wave 1 and Wave 2 are marked as complete, followed by a strong Wave 3 advance that topped around $0.48 in December 2024. Since then, DOGE has entered a Wave 4 corrective phase, forming a descending channel that has guided price lower for over a year without invalidating the broader bullish structure.

This descending channel is important to this technical analysis. Similar corrective behavior appeared just before Dogecoin’s last major expansion in 2021, where the price consolidated for an extended period before breaking upward decisively. 

Dogecoin is now trading inside a high-timeframe demand zone that acted as the base for its 2020 to 2021 parabolic rally. This area sits just above a long-term horizontal support level that has held firm for an extended period, including through the depths of the 2022 bear market. 

According to the analyst, this region between $0.115 and $0.09 is a clear zone of sustained accumulation, where buying pressure has consistently prevented deeper breakdowns.

Wave 5 Targets Multi-Year Expansion Path

If the accumulation zone continues to hold and the price breaks out of the descending channel, then the next projection is the playout of a Wave 5 impulse move. Crypto Patel’s mapped targets for this phase start around $0.28, followed by higher extensions at $1, $2, and ultimately $4. 

At the time of writing, Dogecoin is trading at $0.1247. Therefore, from current levels, that final target of $4 would represent a move of over 3,100%. However, this is small compared to the magnitude of Dogecoin’s previous macro expansion of 26,800% in the previous cycle.

On the other hand, the analysis noted that invalidation is also well defined. A weekly close below $0.06 would break the higher-timeframe structure and invalidate the Wave 5 thesis. Until then, the technical analysis suggests Dogecoin is in a compression phase where downside risk is increasingly defined, but upside expansion into new price highs is possible if Dogecoin embarks on the final impulse of the cycle.

House of Doge, the Dogecoin Foundation’s official corporate arm, says it is building a new mobile app called “Such” that aims to make it easier for users to hold and spend DOGE while giving small merchants and independent sellers tools to accept it in day-to-day commerce.

In a post on X and a January 20 press release, House of Doge said Such is expected to launch in the first half of 2026 and will pair a self-custodial wallet with transaction tracking and a commerce feature branded “Hustles,” positioned as a simple on-ramp for people looking to sell products and services for DOGE.

Dogecoin Foundation Arm, Brag House Tease ‘Such’

House of Doge framed Such as its “first product,” with additional launches planned in the first half of 2026. The company described the app as an attempt to reduce friction on both sides of a DOGE transaction: helping holders spend more easily and helping sellers add Dogecoin payments in a way that fits routine retail activity.

Timothy Stebbing, CTO of House of Doge and a Dogecoin Foundation director, tied the product thesis directly to the DOGE community’s informal commerce culture. “I’ve seen so many people in the Dogecoin Community try to start something themselves. Be it an artist selling prints or a person offering lawn care services, everyone has a side hustle these days,” Stebbing said. “We want to enable anyone to start their hustle with Dogecoin through the Such app. We’re planning to enable anyone to start selling their hustle in as few clicks as possible.”

The DOGE Foundation account echoed that positioning on X, describing Such as “coming in the first half of 2026” and highlighting a launch scope centered on self-custodial wallets, real-time transaction tracking, and merchant tools for selling goods and services.

The dev team at @DogecoinFdn and @Houseofdoge is proud to announce the Such app, coming in the first half of 2026. The Such app brings new ways to interact with and bring further utility to Dogecoin.

At launch Such will have: – Self-custodial Dogecoin wallets – Real-time…

— Dogecoin Foundation (@DogecoinFdn) January 20, 2026

According to the press release, Such is being developed by a team of twenty headquartered in Melbourne, Australia, led by Stebbing. House of Doge said development began in March 2025, using open-source technology developed by the Foundation, with an initial launch targeted for the first half of 2026.

House of Doge CEO Marco Margiotta argued the app is intended to be more than another on-ramp-plus-wallet bundle. “We’re planning to offer more by going beyond another wallet app that lets you buy Dogecoin. We have unique features we’re expecting to release, all with the quality and ease of use through the wealth of experience our development team brings,” Margiotta said. “We want to see Dogecoin become a widely used global decentralized currency. By building our own solution, we’re able to bring people on that journey together with our many strategic partnerships.”

The Such app account on X introduced a character named “Kubo” as a guide and leaned into the same pitch, saying Such is “more than just a wallet” and is designed to let users “start a side-hustle and sell your products and services for Dogecoin” by the time it launches.

The announcement also ties Such to Brag House Holdings Inc., described as House of Doge’s merger partner and identified in the release as Nasdaq-listed under ticker TBH. Brag House CEO Lavell Juan Malloy II positioned the app as a bridge from community engagement to monetization. “The Such app represents the next frontier for how communities connect, create, and transact in a digital-first economy,” he said. “This gives users the freedom to build, earn, and engage using Dogecoin, not as a concept, but as a real, usable currency. This is more than just innovation; it’s about democratizing access to opportunity for everyone through digital technology.”

At press time, DOGE traded at $0.12522.

Dogecoin started a fresh decline below the $0.1280 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.130.

• DOGE price started a fresh decline below the $0.120 level.
• The price is trading below the $0.1280 level and the 100-hourly simple moving average.
• There is a key bearish trend line forming with resistance at $0.130 on the hourly chart of the DOGE/USD pair (data source from Kraken).
• The price could extend losses if it stays below $0.1300 and $0.1320.

Dogecoin Price Dives Below Support

Dogecoin price started a fresh decline after it closed below $0.1320, like Bitcoin and Ethereum. DOGE declined below the $0.1280 and $0.1220 support levels.

The price even traded below $0.1180. A low was formed near $0.1155, and the price is now showing bearish signs. There was a recovery wave above $0.120. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1155 low.

Dogecoin price is now trading below the $0.1280 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1280 level.

The first major resistance for the bulls could be near the $0.130 level and the trend line. The next major resistance is near the $0.1330 level or the 50% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1155 low.

A close above the $0.1330 resistance might send the price toward the $0.1375 resistance. Any more gains might send the price toward the $0.140 level. The next major stop for the bulls might be $0.1420.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.1300 level, it could continue to move down. Initial support on the downside is near the $0.1215 level. The next major support is near the $0.120 level.

The main support sits at $0.1150. If there is a downside break below the $0.1150 support, the price could decline further. In the stated case, the price might slide toward the $0.1120 level or even $0.1050 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.1215 and $0.1200.

Major Resistance Levels – $0.1300 and $0.1330.

Trader Cryptollica (@Cryptollica) is arguing that an old relative-value signal is “back” in crypto markets, pointing to the DOGE/NVIDIA ratio and an unusually depressed Dogecoin RSI reading as evidence that capital could rotate from AI-linked equities into high-beta meme coins.

Dogecoin Vs. Nvidia: Rotation Incoming?

In a post on X, Cryptollica said the DOGE/NVIDIA chart has returned to a long-term support zone that previously preceded outsized Dogecoin outperformance versus Nvidia in prior cycles. “THE SIGNAL IS BACK. IT’S HAPPENING AGAIN (2017… 2021… NOW),” the trader wrote.

“The last two times this specific signal flashed on the DOGE/NVIDIA chart, we saw the biggest wealth transfer in history. The crowd is chasing the AI top. The algorithm is loading the Meme bottom. (Altcoin bottom).”

The core claim is less about Dogecoin in isolation and more about positioning on a ratio between what Cryptollica framed as two cultural extremes: “You are watching the wrong chart. This is the ratio of ‘The World’s Most Valuable Company’ (AI) vs. ‘The World’s Most Famous Meme’.” From that framing, the trader leans into a cycle-rhymes narrative, asserting that the ratio has repeatedly found channel support before a DOGE-led surge.

“Structure is repeating history,” Cryptollica wrote, attaching specific historical comparisons. “2017: Ratio hit channel support – DOGE outperformed NVDA by 100x. 2021: Ratio hit channel support – DOGE outperformed NVDA by 50x. NOW: We are back at the exact same support line.”

The posts also attach a broader liquidity-rotation story that has circulated in various forms across risk markets: when one trade stops working, capital seeks the next high-beta outlet: “When the AI Bubble exhales, that liquidity doesn’t vanish. It rotates into High-Beta Speculation,” the trader wrote. “The crowd is buying NVDA at the top. The algorithm is positioning for the DOGE reversal.”

Is Dogecoin An ‘Epic Buying Opportunity’?

In another post, Cryptollica shifted from the ratio to Dogecoin’s weekly momentum indicator, sharing a second chart highlighting RSI levels and labeling prior cycle lows. “Here you are witnessing an opportunity that only comes around once every 12 years,” the trader wrote. “Over the past 12 years (2014–2026), Dogecoin’s RSI has dropped this low only 4 times. Every single one was an epic buying opportunity.”

The post describes those four moments as a sequence of cycle bottoms, including an “all-time low” first cycle bottom, a “cycle bottom + COVID crash,” a “last cycle bottom,” and “RIGHT NOW!” Cryptollica concluded with a blunt decision frame: “Math or emotions — which one decides for you?”

While neither post includes an explicit price target, the analyst said in early December that he expects Dogecoin to reach $1.30 over the medium term, citing a parallel channel top on the 3-day DOGE/USD chart.

At press time, DOGE traded at $0.12581.

Comparing Dogecoin to NVIDIA may seem illogical at first. One is a speculative digital asset rooted in internet culture, while the other is a leading equity in the AI and tech sector. However, a chart shared by cycle analyst @Cryptollica reframes the comparison by stripping away narrative and focusing on capital flows. Rather than asking which story is more compelling, it examines how money has historically rotated between established market leaders and high‑risk assets as cycles mature.

What The Dogecoin—NVIDIA Chart Is Showing Investors

The chart posted by Cryptollica tracks the DOGE-to-NVIDIA ratio across multiple market cycles, emphasizing relative performance rather than absolute price. This perspective matters because it highlights where capital has generated the highest marginal returns over time. Historically, the ratio has moved within a clearly defined downward channel, with major turning points occurring when the price reaches the lower boundary of that structure.

During both the 2017 and 2021 cycles, the ratio compressed into this same support area. In each case, NVIDIA had already realized significant upside, while Dogecoin remained heavily discounted in relative terms. What followed was not a breakdown in NVIDIA’s price, but a period where Dogecoin significantly outperformed as speculative capital rotated back into higher-risk opportunities.

The current structure mirrors those earlier conditions. The ratio is again testing long-term support, signaling a familiar imbalance: extended gains already priced into NVIDIA, and suppressed relative value in Dogecoin. In previous cycles, this setup preceded sharp shifts in relative performance as liquidity began favoring assets with greater upside sensitivity.

What A Rotation Environment Means For Dogecoin

The pattern highlighted by the chart centers on rotation rather than decline. When leading trades lose momentum, capital typically stays within the market and seeks higher beta exposure. Historically, Dogecoin has benefited during these transitions, serving as a vehicle for speculative flows once dominant growth assets reached saturation.

This does not imply weakness in NVIDIA’s underlying fundamentals. Its valuation remains tied to sustained AI-driven growth expectations. Dogecoin, however, operates under a different dynamic, driven largely by sentiment and liquidity conditions. When markets move from concentration into dispersion, assets like DOGE have previously delivered outsized percentage gains.

The chart suggests that a similar environment may be forming again. At comparable points in past cycles, Dogecoin outperformed after NVIDIA-like leaders had already completed their primary expansion phase. If the ratio holds its historical support, the data points to a renewed window where DOGE could outperform on a relative basis.

Rather than predicting hype-driven rallies, the chart highlights a recurring structural relationship between capital leaders and speculative assets. Whether the pattern repeats will depend on liquidity and risk appetite, but the setup reflects a consistent historical behavior that has appeared more than once across market cycles.

The cryptocurrency market has shown choppy and uneven momentum in the past week. Bitcoin’s price recently climbed to an eight-week high above $97,000, but it has since retraced to trade around the low $90,000s.

Dogecoin’s movement has mirrored this mixed mood. A brief rally lifted it close to resistance around $0.15 last week, but the meme coin has since slid back below $0.13, weighed down by profit-taking among investors.

Against this backdrop of consolidation and short-term corrections, technical analysis shared recently by a crypto analyst on X highlighted a setup in the BTC/DOGE cross-pair chart that shows Dogecoin is going to outperform Bitcoin if current technical patterns play out as expected.

BTC vs DOGE: What the Technicals Suggest

Technical analysis of the BTCUSDT/DOGEUSDT chart shows the two crypto heavyweights trading in an ascending channel that has repeatedly tested its upper boundary without a convincing breakout, a sign that the uptrend may be weakening. In technical trading frameworks, failure to sustain momentum at resistance often precedes a reversal. 

In this case, the declining slope of recent attempts to push higher in the BTC/DOGE ratio indicates that Bitcoin may be losing relative strength to Dogecoin in the short term. As it stands, the BTC/DOGE pair looks like it is now rejecting at the upper boundary of this ascending channel, and the next move is a push downwards.

This interpretation of the ratio doesn’t comment on the absolute price of both cryptocurrencies but only the performance comparison of the two assets. If the ratio breaks down below the channel’s lower trendline, then it could be interpreted as a signal that Dogecoin is gaining relative performance against Bitcoin, and this could cause crypto traders to reallocate capital into the relatively stronger asset.

What Dogecoin Outperforming Bitcoin Might Look Like

Bitcoin’s price action over the past several days has been defined by volatility around the mid-$90,000 level. Easing inflation fears and the United States Supreme Court declining to rule on international trade tariffs helped lift BTC close to $97,000 last week. However, the leading cryptocurrency is now back to trading around $93,030 at the time of writing.

Meanwhile, Dogecoin’s trajectory has matched Bitcoin’s price action and the wider crypto market trend. DOGE faced rejection following spikes to resistance around $0.15, which prompted a slide back to $0.127, just below the $0.13 price level that has acted as a support in recent months.

If the technical prediction on the BTC/DOGE ratio unfolds as anticipated, the outperformance by Dogecoin against Bitcoin could play out in many ways. The outperformance could appear not necessarily as DOGE exploding upward in isolation, but also as DOGE holding stronger or falling less than Bitcoin during corrections.

Dogecoin started a fresh decline below the $0.1320 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1350.

• DOGE price started a fresh decline below the $0.1250 level.
• The price is trading below the $0.130 level and the 100-hourly simple moving average.
• There is a connecting bearish trend line forming with resistance at $0.1350 on the hourly chart of the DOGE/USD pair (data source from Kraken).
• The price could extend losses if it stays below $0.1300 and $0.1350.

Dogecoin Price Dives Below Support

Dogecoin price started a fresh decline after it closed below $0.1350, like Bitcoin and Ethereum. DOGE declined below the $0.1300 and $0.1250 support levels.

The price even traded below $0.120. A low was formed near $0.1154, and the price is now showing bearish signs. There was a recovery wave above $0.1220. The price cleared the 23.6% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1154 low.

Dogecoin price is now trading below the $0.130 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.130 level.

The first major resistance for the bulls could be near the $0.1330 level or the 50% Fib retracement level of the downward move from the $0.1512 swing high to the $0.1154 low. The next major resistance is near the $0.1350 level and trend line.

A close above the $0.1350 resistance might send the price toward the $0.1380 resistance. Any more gains might send the price toward the $0.140 level. The next major stop for the bulls might be $0.1420.

More Losses In DOGE?

If DOGE’s price fails to climb above the $0.1300 level, it could continue to move down. Initial support on the downside is near the $0.1250 level. The next major support is near the $0.1220 level.

The main support sits at $0.120. If there is a downside break below the $0.120 support, the price could decline further. In the stated case, the price might slide toward the $0.1150 level or even $0.1135 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.1250 and $0.1220.

Major Resistance Levels – $0.1300 and $0.1350.

The Dogecoin Relative Strength Index (RSI) is said to have entered historical oversold levels. This has raised the possibility that the foremost meme coin could repeat its parabolic rally in the 2021 bull cycle. 

Dogecoin Eyes Parabolic Rally As RSI Enters Oversold Levels

Crypto analyst Cryptollica has indicated that the Dogecoin price could record another parabolic rally as the RSI enters oversold levels. In an X post, the analyst noted that this is the fourth time in 12 years that the DOGE RSI has been this oversold, and that every time this has happened, it has been life-changing. 

Cryptollica further remarked that the drop in Dogecoin’s RSI to this low has always been an “epic buying opportunity” and that those who loaded up made insane gains. In line with this, the analyst remarked that this is another massive opportunity. Meanwhile, Cryptollica alluded to previous times when the RSI dropped this low, including during the last cycle bottom, when DOGE dropped to $0.5. 

Dogecoin rallied to a new all-time high (ATH) of $0.74 after bottoming at $0.05, recording massive gains in the process. Cryptollica noted that these setups don’t come often and urged market participants not to miss this one. His accompanying chart suggested that DOGE could rally to the psychological $1 level this time around, marking a new ATH for the foremost meme coin. 

DOGE Mirroring Past Accumulation Pattern

In another X post, Cryptollica highlighted a similar DOGE/BTC pattern between the 2014-2017 and 2021-2026 accumulations. The analyst stated that the structure is identical and assured that the bleed against Bitcoin is not “death” but the necessary energy compression before the rotation. Cryptollica added that when the green line breaks, risk appetite changes instantly. 

Meanwhile, Cryptollica declared that the fractal was loading, with Dogecoin set to be the heartbeat of the altcoin cycle. The analyst claimed that this is the final stage of a multi-year compression against Bitcoin. This historically leads to a specific volatility squeeze that precedes a massive capital rotation from BTC to altcoins. 

Crypto analyst Bitcoinsensus raised the possibility of a Dogecoin rally to $0.70, which could be near. This came as the analyst noted that DOGE has been moving in a nice way up throughout this entire bull cycle. This is said to be evident in the mini cycles, with the foremost meme coin tapping the dotted line, followed by a slow retrace. Based on this pattern, Bitcoinensus noted that DOGE could soon target the $0.70 range if the strong momentum in the crypto market returns. 

At the time of writing, the Dogecoin price is trading at around $0.137, down in the last 24 hours, according to data from CoinMarketCap.

Dogecoin (DOGE) is trying to base on higher timeframes as Cantonese Cat points to a potential inverse head-and-shoulders on the daily, with price compressing just beneath a defined resistance shelf while holding a nearby demand zone.

Dogecoin Breakout Could Target $0.19

In a daily chart (DOGE/USD, Binance) shared via X on Jan. 16, Cantonese Cat overlays an inverse head-and-shoulders schematic: a left shoulder in early December, a deeper “head” into late December near the mid-$0.11s, and a developing right shoulder as price rotates lower after the early-January spike.

The key feature on that daily view is a highlighted “Buy order block” spanning roughly $0.1250 to $0.1350. Price is shown pulling back toward the top of that block after failing to hold the most recent push higher, which places the current trade location in a classic “right shoulder” area if the pattern is going to remain constructive.

Above the current spot price, the chart marks a horizontal grey resistance (“the shoulder”) band at roughly $0.149–$0.152. This is the area DOGE needs to reclaim for the inverse H&S thesis to transition from “forming” to “triggering,” because it has acted as supply on recent tests.

Using Cantonese Cat’s daily inverse head-and-shoulders chart, the measured move is the neckline minus the head low, projected upward from the neckline: the neckline is the grey supply band centered near $0.151 (label on the axis), while the head prints at roughly $0.116. That gives a height of about $0.035, implying a pattern target near $0.186.

Notably, that objective runs directly into the chart’s overhead red supply zone, which begins around $0.175 and extends up toward $0.19, making that area the first obvious region where a confirmed breakout would be expected to meet meaningful resistance.

DOGE 2-Day Bollinger Bands Signal Momentum

Notably, the Bollinger Bands on the 2-day chart support the mid-term bullish thesis. On Tuesday, Cantonese Cat highlighted that DOGE is trading above the Bollinger basis around $0.1343, while the upper band is near $0.1526 and the lower band near $0.1160.

Cantonese Cat summarized the idea succinctly: “Price wanting to hang out at the top part of the Bollinger band? We have a chance here?” In practice, the “top part” framing matters because it’s a momentum tell. After an extended decline, sustained closes above the basis and into the upper half of the bands can signal that sellers are no longer controlling the volatility profile, even before price clears the obvious horizontal resistance.

That said, the 2D view also makes the immediate problem clear: the upper band sits close to the same zone highlighted on the daily as resistance. In other words, the bullish thesis is not just “hold support,” but “prove it” with acceptance above the $0.15–$0.152 region.

If DOGE continues to defend the $0.1250–$0.1350 buy-side block and reclaims the $0.149–$0.152 supply band, the inverse head-and-shoulders thesis gains credibility. The next areas the chart itself flags are the higher supply zones around $0.175 and the upper-$0.18s region, where prior selling pressure was visible.

If price loses the buy order block, the pattern read weakens materially. In that case, the Bollinger structure on the 2D chart points attention back toward the lower band region near $0.1160 and the late-December lows.

At press time, DOGE traded at $0.139.

Crypto analyst Trader Tardigrade has revealed that the Dogecoin price is following a bullish signal, which could lead to a rally above the $0.15 level. This comes as the crypto market rebounds, with Bitcoin rallying to a new yearly above $97,000. 

Dogecoin Price Eyes Rally Above $0.15 With This Bullish Signal

In an X post, Trader Tardigrade hinted that the Dogecoin price could rally above $0.15 after rebounding from the Kumo support, which was exactly what the bullish signal flagged. The rebound comes amid the broader crypto market rally, with major crypto assets also recording significant gains as Bitcoin rallies above $97,000, with the psychological $100,000 level now in sight. 

In another X post, Trader Tardigrade revealed that the Dogecoin price has formed a bull flag on the weekly chart and is now targeting the $0.195 price level. This will bring the leading meme coin close to the psychological $0.2 level, with a break above it paving the way for new local highs. 

Crypto analyst Crypto Tony highlighted the $0.154 level as being critical for the next leg up for the Dogecoin price. His accompanying chart showed that reclaiming this level would spark a rally above $0.16. One factor that could contribute to this bullish run for the foremost meme coin is renewed inflows into the Dogecoin ETFs. 

SoSoValue data shows that these Dogecoin ETFs still recorded zero flows on January 14 despite the rebound in the Dogecoin price. However, this could change soon, as these funds notably saw increased demand at the start of the year, when DOGE rallied to as high as $0.15, making it one of the best-performing crypto assets among the top 10 coins by market cap. 

What’s Next For DOGE As It Targets New Highs

In an X post, crypto analyst Kevin Capital stated that a successful retest followed by a new local high will be further evidence that the corrective phase for the Dogecoin price has ended. This came as he noted that DOGE, like BTC and many other altcoins, has since come back and successfully tested its key 4-hour MAs after breaking out of them, attempting to end its major corrective phase. The analyst added that a new high would be a break of $0.157. 

Meanwhile, crypto analyst Bitcoinsensus has suggested that the Dogecoin price could rally to as high as $4.5 if DOGE is repeating its macro cycle pattern. The analyst noted that so far this cycle, the meme coin has maintained its ground and has mainly been moving sideways. As such, it remains to be seen if this cycle can be as explosive as the last ones.  

At the time of writing, the Dogecoin price is trading at around $0.143, down in the last 24 hours, according to data from CoinMarketCap.

Dogecoin is part of those receiving inflows with the current inflows into the Bitcoin and crypto industry. However, Billy Markus, best known as the co-creator of Dogecoin, shared a blunt take on the current state of digital assets. 

Taking to the social platform X, Markus acknowledged the general strength of the market but made it clear he isn’t interested until he sees cryptocurrencies breaking past their previous peak price levels. His message came at a moment when markets have shown gains and following Bitcoin’s return above $96,000.

Doubts On All-Time High Predictions

The entire crypto market cap is currently sitting at $3.344 trillion at the time of writing. When compared to the $3.047 trillion recorded on January 1, this represents an increase of about 9.7%, meaning close to $300 billion has flowed back into digital assets over the past few weeks. That rise has helped restore some confidence across the market after a period of choppy and indecisive price action in late 2025.

Things are going well for Bitcoin, Ethereum, and other large market-cap cryptos, and bullish momentum is starting to creep in steadily. However, Billy Markus, the co-creator of Dogecoin, specifically mentioned the need for big benchmark breaks to actually happen before believing the optimism that’s creeping in.

In a short message addressed to his millions of followers, Markus remarked that while “crypto is doing good and all,” he would rather be woken up when all-time highs are actually being broken. The comment struck a chord across the community and quickly drew a range of reactions, with some noting new all-time highs feel like a myth at this point, and others noting that new price highs are certainly coming.

Although Markus and his co-creators created Dogecoin as a joke, he holds a selective view of the different assets in the crypto industry. Over the years, he has expressed respect for a small group of networks he views as meaningful or resilient, including Bitcoin, Ethereum, Dogecoin, and Solana.

Where Crypto Stands Now

Billy Markus’ comment shows a larger divide between perspectives in the crypto community based on the current price action of major cryptocurrencies. On one hand, prices have recovered meaningfully from recent pullbacks, but on the other, the major benchmarks many traders are watching have yet to be reclaimed.

Bitcoin is currently trading in the mid-$90,000 range $96,240 after retreating from its October peak above $126,000. This price uptick is yet to reclaim $100,000, and it might not be until this happens that a full bullish momentum rolls in.

Dogecoin’s performance corresponds to the broader market’s mixed signals. The meme token is now back to making daily closes above $0.14 as selling pressure eases and traders are on high alert. However, technical analysis of Dogecoin’s price action shows that the real test is at $0.157, and traders should not celebrate early until this level falls.

Dogecoin corrected some gains and traded below $0.1450 against the US Dollar. DOGE is now holding the $0.1420 support and might aim for a fresh increase.

• DOGE price started a fresh downside correction from $0.1510.
• The price is trading above the $0.1420 level and the 100-hourly simple moving average.
• There is a bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE/USD pair (data source from Kraken).
• The price could aim for a fresh increase if it remains stable above $0.1400.

Dogecoin Price Eyes Another Increase

Dogecoin price started a downside correction after it failed to clear $0.1520, like Bitcoin and Ethereum. DOGE declined below the $0.150 and $0.1450 levels.

There was a move toward the 50% Fib retracement level of the upward move from the $0.1348 swing low to the $0.1512 high. However, the bulls remained active near the $0.1420 support. Besides, there is a bullish trend line forming with support at $0.1420 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading above the $0.1425 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1450 level. The first major resistance for the bulls could be near the $0.150 level.

The next major resistance is near the $0.1510 level. A close above the $0.1510 resistance might send the price toward $0.1550. Any more gains might send the price toward $0.1765. The next major stop for the bulls might be $0.1850.

More Losses In DOGE?

If DOGE’s price fails to climb above the $0.1450 level, it could continue to move down. Initial support on the downside is near the $0.1420 level and the trend line. The next major support is near the $0.1410 level and the 61.8% Fib retracement level of the upward move from the $0.1348 swing low to the $0.1512 high.

The main support sits at $0.1350. If there is a downside break below the $0.1350 support, the price could decline further. In the stated case, the price might slide toward the $0.1320 level or even $0.1305 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.1420 and $0.1410.

Major Resistance Levels – $0.1500 and $0.1510.

Dogecoin and XRP have come under heightened regulatory scrutiny following the release of new draft language in the Digital Asset Market Clarity Act, which proposes a framework that could classify them alongside Bitcoin and Ethereum. Rather than relying on subjective debates over network decentralization or token utility, the draft ties legal treatment to whether an asset underpins a listed exchange-traded product. This represents a significant shift in how major altcoins may be handled moving forward.

What The Latest Draft Signals For Dogecoin And XRP

On January 13, 2026, journalist Eleanor Terrett highlighted a section of the latest Digital Asset Market Clarity Act draft that sets a clear rule for “network tokens.” It states that a token will not be classified as an ancillary asset or considered a security if, by January 1, 2026, it serves as the primary asset of an exchange-traded product listed on a US national securities exchange.

This condition is critical because it directly affects compliance obligations. Tokens that qualify under this standard would not be required to file the disclosures mandated for other digital assets under the bill. In effect, the draft establishes a regulatory shortcut for tokens that achieve a defined level of institutional recognition through listed exchange-traded products registered under Section 6 of the Securities Exchange Act of 1934.

Under this structure, assets such as XRP, Dogecoin, Solana, Litecoin, Hedera, and Chainlink would enter the framework on the same footing as Bitcoin and Ethereum from day one, provided the exchange-traded product requirement is met. For Dogecoin and XRP specifically, this represents a tangible route out of prolonged legal uncertainty. Their legal status would hinge on verifiable market structure rather than subjective regulatory interpretation, giving investors, exchanges, and institutional participants a clearer standard for compliance and market engagement.

How The Digital Asset Market Clarity Act Took Shape

The Digital Asset Market Clarity Act was introduced in the US House of Representatives in 2025 as lawmakers sought to address years of fragmented crypto oversight. The bill was developed under the leadership of the House Financial Services Committee.

Throughout 2025, lawmakers circulated multiple discussion drafts to regulators, industry groups, and legal experts. These drafts aimed to replace enforcement-driven policy with statutory definitions, including the concept of “network tokens,” which form the backbone of the current proposal. The January 2026 draft reflects a later stage in that process, focusing on implementation thresholds rather than broad regulatory theory.

While the Act has not yet been passed into law, it has advanced through committee review and remains a central reference point in ongoing market-structure negotiations. Its significance lies in the predictability it introduces. For Dogecoin and XRP, the bill does not promise immediate relief, but it sets a transparent standard for achieving regulatory parity. That shift alone alters how these assets are evaluated by exchanges, institutional issuers, and investors navigating the US digital asset landscape.

Dogecoin (DOGE) is pressing into a technically important decision area after a sharp bounce, but multiple chart reads from multiple respected crypto analysts converge on the same point: the rally only graduates from “relief” to “reversal” if DOGE can clear the mid-$0.15s and put in a fresh local high.

Dogecoin Rallies, But The Real Test Is $0.157

The framing by Kevin (Kev_Capital_TA) is explicit about what confirmation looks like. “Dogecoin like BTC and many other Altcoins came back and successfully tested its key 4HR MA’s after breaking out of them in an attempt to end its major corrective phase. A successful retest followed by a new local high will be further evidence the corrective phase ended in the exact zone we said it would. A new high would be a break of .157 cents.”

On Kevin’s 4-hour view, DOGE spent months trending lower while repeatedly failing at declining moving-average bands, the chart marks several prior rejections. The recent push higher is notable because price reclaimed those averages and then pulled back into them, holding the retest rather than rolling straight over. That behavior is consistent with a regime attempting to rotate from “sell-the-rip” to “buy-the-dip,” but the chart makes clear the market is still trading beneath a broader downtrend structure unless it can force a higher high.

Cantonese Cat’s daily snapshot captures where that friction is showing up in real time. The latest candle closes at $0.1486 after printing $0.1508 on the day, effectively tagging into the same area where sellers have leaned in before.

He writes: “DOGE is putting in another bullish daily candle that engulfs the last 5 bearish candles.” While this is an bullish signal a short-term impulsive move, a new higher high still needs to be accomplished by the Dogecoin bulls.

@BigCheds’ daily panel underscores why the mid-$0.15s matter: DOGE remains under heavier trend measures, with the 34-day EMA at $0.1828 and the 200-day SMA at $0.2212 still well overhead.

Bollinger Bands show DOGE rebounding out of low-end compression, with the lower band around $0.11, the basis near $0.135, and the upper band close to $0.16. Price first bounced off the lower band, pushed through the basis and tagged the upper band, then retraced to the basis, held the retest, and is now rotating back toward the upper envelope.

The setup is clear: holding above the reclaimed short-term averages and clearing $0.157 would complete the “retest, then higher high” sequence Kevin is watching, while also forcing price through the daily supply zone Big Cheds has boxed out. A renewed push into the upper Bollinger Band would add confirmation that momentum is expanding in the direction of the move.

Failure to clear that zone, followed by a slip back under the reclaimed MA area, would shift attention to $0.1319 first, then $0.1208, with $0.1068 as the deeper line in the sand shown on the chart.

At press time, DOGE traded at $0.14768.