Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming
Dogecoin (DOGE) is rebounding strongly alongside the broader meme coin market, which has skilled a notable uptick in Q1 2026. As sentiment surrounding meme cash continues to enhance, a crypto analyst means that Dogecoin may very well be positioning for extra beneficial properties. The analyst notes that Dogecoin’s speedy accumulation indicators the potential for a pointy upward sweep within the close to time period.
Dogecoin Accumulation Signals Upward Sweep
Crypto market professional Bitguru not too long ago shared a recent technical outlook on Dogecoin, highlighting how its value construction has persistently modified after months of corrective movement. According to him, a accomplished liquidity sweep adopted by an extended consolidation phase means that the market has reset and could also be establishing for a bullish continuation.
Related Reading: Catalysts That Suggests The Dogecoin Price Rally Could Continue
Bitguru defined that Dogecoin’s chart reveals value stability after clearing sell-side liquidity between November and December 2025, which pushed out weak holders and created a base for accumulation. The consolidation that continued into 2026 reveals decrease volatility and regular base constructing, two situations the analyst believes are wanted earlier than Dogecoin’s next major price move.
The chart additionally illustrates bullish patterns, reminiscent of a rounded H cup formation and a continuation section in the midst of 2025, which helped set up increased value ranges earlier than the broader market pullback. Bitguru added that Dogecoin’s latest transfer again above the important thing help close to $0.14 suggests accumulation is probably going accomplished, as value now begins to tighten and transfer upward from its base degree.
He famous that so long as Dogecoin stays above this reclaimed help, the probabilities of an upward sweep towards increased provide zones enhance. The chart additionally factors to potential beneficial properties reaching the highlighted inexperienced goal space between $0.188 and $0.194, which traces up with previous resistance ranges which have beforehand restricted value motion through the decline.
Area That Could Invalidate Upward Sweep
Bitguru’s chart additionally reveals the possibility of a price decline regardless of the speedy enhance in accumulation. The purple zone on the chart represents a stop-loss or danger space. If Dogecoin falls under the help space round $0.148, it may provoke a drop towards new lows inside this danger zone.
If the meme coin’s value dips under the consolidation zone between $0.146 and $0.148, then the analyst’s bullish setup and potential upward sweep may very well be invalidated. The chart initiatives a possible decline to the $0.13-$0.11 vary, reflecting a lower of greater than 9% from present ranges.
At the time of writing, the Dogecoin value is buying and selling at $0.143, up greater than 18% this week, based on CoinMarketCap information. Although the meme coin is showing clear signs of a recovery from former downtrends, its buying and selling quantity remains to be down by greater than 30%. Moreover, DOGE’s value has been unexpectedly unstable not too long ago, dropping by 5% over the previous 24 hours.