Dogecoin Price Rebound: Trendline Support and Market Cycles Hint at a Potential Breakout

Key Insights:

• Dogecoin rebounded off trendline support, suggesting a reversal if buyers continue to press.

• Market cycles have a clear pattern of accumulation, breakouts, and pullbacks, repeating past trends.

• More volume and technical signals mean more buying interest, and potential for further gains.

Dogecoin (DOGE) has shown impressive price action on multiple time frames, and has caught the attention of market analysts. Trendlines, volume, and past cycles are the major indicators setting its current direction.

Daily Chart Analysis

Ali Charts analyzed Dogecoin’s daily price movement against Tether (USDT) using TradingView data. Published on March 11, 2025, at 09:26 UTC, the time frame reflects the DOGE perpetual contract on Binance.

The daily opening price was 0.15402 USDT, reaching a high of 0.16134 USDT and a low of 0.14269 USDT. It closed at 0.16118 USDT, marking a 4.66% gain.

Source: Ali Charts

Recent price action displayed a downtrend before signs of a reversal appeared. A large bearish candle on March 9 indicated strong selling pressure, followed by another black candle with a smaller body. The latest white candlestick featured a long lower wick, showing rejection of lower prices.

A gray downward trendline intersected recent price levels, with DOGE dipping below before recovering. A red "9" near the latest candlestick marked the completion of a sequential countdown pattern, signaling a possible trend shift. A black upward arrow highlighted the recent white candle as a reversal zone.

Resistance levels appeared near 0.16300 USDT, aligning with a dotted horizontal line. The structure of recent candlesticks suggests buyers have shown interest at lower levels, supporting the possibility of further movement.

Long-Term Market Cycles

Trader Tardigrade’s analysis examined Dogecoin’s price cycles on a two-week timeframe, spanning from 2014 to 2026. The timespan displayed three major market cycles, each beginning with accumulation, followed by parabolic growth and retracement.

Purple curved lines represented long-term rounding bottoms, while green arrows marked breakout points leading to rapid price increases. Red triangular markers identified historical peaks before price corrections occurred.

Tracking market behaviours, between 2014 and 2018, price consolidation lasted for years before a breakout in late 2017. This led to a sharp rise, peaking in early 2018, before retracing. The second cycle, from 2018 to 2021, followed the same structure, with a late 2020 breakout pushing DOGE to its 2021 peak before a downturn.

The third cycle, from 2021 to 2025, followed the previous patterns. A breakout in 2024 led to strong upward momentum, with price movements surpassing key resistance levels. The continuation of this pattern suggests historical behavior remains consistent.

The red triangular markers indicated previous resistance points before retracements. The 2025 price action followed similar breakouts, moving in line with the curved trendline. These historical patterns show a structured market cycle that has repeated over time.

Weekly Chart Trends

Mind Trader’s analysis focused on Dogecoin’s weekly price movements, tracking DOGE/USD on Coinbase. Published on March 11, 2025, at 10:12 UTC, the time frame showed price interaction with key trendlines and Fibonacci retracement levels.

Source: Mind Trader

DOGE traded near 0.1610 USD, testing an ascending support trendline that had been in place since early 2024. The price recently rebounded from this trendline, reacting near the 0.886 Fibonacci retracement level at 0.1445 USD. An orange arrow pointed upward from this area, indicating potential movement.

Historical price action showed a strong uptrend beginning in late 2024, with DOGE peaking at 0.4464 USD. A downturn followed, forming consecutive red candlesticks over several weeks. The decline brought the price back to the ascending support line, where it found buying interest.

Volume analysis showed market activity fluctuations, with green volume bars dominating during price rallies and red bars appearing during declines. A yellow moving average line tracked volume trends. A pink upward arrow marked a price interaction with the trendline.

Mind Trader noted that the time frame structure indicated that the ascending trendline continued to provide strong support. If price momentum increases, historical trends suggest further movement could follow.

Key Market Observations

The daily, weekly, and long-term time frames offer insights into Dogecoin’s market behavior. The TD Sequential buy signal, rounding bottom formations, and trendline interactions shape the current outlook. Price reactions at support levels remain crucial in determining future movement.

Observed cycles align with previous market trends. The latest breakout follows earlier parabolic movements. Volume data confirms increased interest during upward price action, supporting the idea of structured market cycles.

If buyers maintain control, further upward movement remains a possibility. However, resistance levels and historical retracement points require close monitoring. Market participants continue to track key support and resistance levels for potential price developments.

Dogecoin’s price action follows structured market patterns. Fibonacci retracement levels, trendline support, and sequential countdown indicators play critical roles in price movement. Monitoring these technical signals provides insight into the asset’s next potential direction.