|

Dogecoin Long-Term Bullish Structure Still In Play And Will Cross $10

Dogecoin (DOGE) is again in focus as long-term chart buildings proceed to sign sustained bullish potential. While current month-to-month worth motion has remained muted, a crypto analyst maintains that the meme coin’s broader technical development has not been compromised. The analyst has projected that DOGE may finally rally towards a long-term move beyond the $10 level

Dogecoin Bullish Structure Points Toward $10

On December 31, crypto market knowledgeable Olivier D Maximus posted on X that Dogecoin stays structurally bullish and will finally cross $10. He famous that though price action has been slow and unimpressive, DOGE’s bullish framework continues to favor increased valuations in the long run. 

He shared a brand new detailed chart evaluation, indicating that DOGE’s month-to-month shut generated little short-term pleasure. However, he emphasised that the broader bullish framework stays intact, with consideration now turning to what January might carry as the subsequent decisive section. 

Maximus identified that long-term buildings usually transfer quietly earlier than huge features, and Dogecoin seems to be following this sample. He careworn that endurance is required when analyzing increased time frames, as month-to-month charts are likely to seize macro traits fairly than instant volatility. In his view, the present consolidation doesn’t invalidate Dogecoin’s upside thesis

The analyst’s chart confirmed Dogecoin buying and selling inside a clearly outlined Ascending Channel that has held for a number of years. The meme coin’s worth stays above the long-term rising help zone, reflecting increased lows over time. Additionally, a number of diagonal development traces present that DOGE’s worth has repeatedly corrected towards mid-channel help earlier than resuming upward motion. These pullbacks seem managed, reinforcing the potential of a wholesome long-term uptrend. 

Maximus has additionally spotlighted a number of ATH ranges he expects Dogecoin to succeed in over time. The ascending channel seen on the chart factors towards potential targets above $12, extending as high as $25. Moreover, the analyst has urged that if Dogecoin maintains its structural integrity, future traits may push the meme coin into double-digit territory, making a surge from beneath $1 to $10 technically believable.   

DOGE Enters Make Or Break Zone In 2026

In a separate X put up, crypto analyst Trader Tardigrade revealed that the Dogecoin worth is presently buying and selling inside a Descending Triangle, with the value sitting on the tip of the sample round $0.122. This degree has been highlighted as a possible make-or-break level the place a pullback or surge may decide Dogecoin’s next big move

If worth breaks above the higher boundary of the Descending Triangle, Trader Tardigrade predicts that Dogecoin may expertise a breakout to the upside. He has set a goal of round $0.132, representing a surge of roughly 8.2% from the present worth degree. On the opposite hand, if DOGE breaks beneath the decrease boundary of the triangle, the meme coin may tumble additional towards $0.116, representing a roughly 4.9% crash. 

Similar Posts