Dogecoin Back At The Triangle Tip: Historical Trends Point To What Comes Next

Crypto analyst Trader Tardigrade is pointing to a setup that might outline Dogecoin’s next major move. The Dogecoin month-to-month candlestick chart, which stretches again to 2014, exhibits a sample that has performed out with outstanding consistency, nearly mechanical in nature. 

According to that construction, Dogecoin is now sitting proper on the stage the place earlier worth explosions have been triggered.

A Pattern That Has Played Out Twice Before

Dogecoin is still trading below $0.10 into the final week of April, languishing properly beneath its cycle peak of $0.48 and largely ignored by many crypto traders. But for Trader Tardigrade, that lack of action could also be exactly the purpose. 

The construction on the heart of Trader Tardigrade’s evaluation is a descending triangle that seems to kind on Dogecoin’s month-to-month chart on the finish of each main market cycle. Looking on the month-to-month chart beneath, Dogecoin initially broke above this triangle formation in 2024. However, the meme coin has been on a worth correction path since late 2024, and is now on the level of retesting the apex of the triangle.

Interestingly, comparable retests of the apex of the triangle, which is its tightest, most compressed level, have at all times indicated the exact second earlier than an explosive transfer to the upside.

Back in 2017, Dogecoin compressed into the tip of such a formation after which surged in what grew to become its first vital bull run. The sample repeated in 2020, when the DOGE worth as soon as once more coiled into the triangle’s apex earlier than exploding into the historic 2021 rally that took the meme coin to a peak of $0.73.

Now, in 2026, Trader Tardigrade is pointing to a third convergence. The month-to-month chart exhibits worth motion as soon as once more compressing and retesting the triangle’s tip.

Dogecoin’s Price Chart. Source: @TATrader_Alan On X

Dogecoin Price Projection

According to Trader Tardigrade, when Dogecoin comes again to the tip of the triangle, it doesn’t ask permission. The prediction is a bounce from the triangle’s apex that pushes the Dogecoin worth into new worth territories. Notably, the analyst’s projection sees Dogecoin going as high as $2.4 if the bounce performs out in full.

Although the sample itself is evident, the broader market surroundings will doubtless play a key function in figuring out how this setup unfolds. This is as a result of Dogecoin’s earlier rallies coincided with sturdy bullish phases throughout the crypto market.

The crypto market is extra complicated proper now, and the basic panorama round Dogecoin in 2026 is materially completely different from what existed in prior cycles. 

Bitcoin, for one, needs to stabilize into a full bullish momentum first. The main cryptocurrency has been making an attempt to stabilize above $78,000, whereas capital flows into the industry have picked up in latest days.

Featured picture from Unsplash, chart from TradingView