The current Dogecoin price structure displays notable resemblance to patterns that emerged in mid-2017, though with some variations in the overall formation. According to the analysis, if the pattern continues to follow historical precedent, Dogecoin could reach its peak value by the end of April.
It’s hard to find any resemblance between the 2021 bull market model and what’s happening now. So, we look further back to 2017. There’s no guarantee that this comparison is reliable, but it does give us a clue about what #DOGE might do next.
Historical data from 2017 shows that Dogecoin experienced a pronounced downward trend between May and September, following an early-year rally. After this period of decline, DOGE resumed its upward trajectory, eventually reaching $0.01 in December of that year.
The present market conditions show similar characteristics. Dogecoin has been in a downward trend since November, following a rally period between September and October of the previous year. This parallel suggests the possibility of a trend reversal and the beginning of a new upward phase.
Master Kenobi’s analysis indicates that the current pattern could mirror the August phase of last year, when a substantial price increase followed an extended period of consolidation. Based on this assessment, the analyst suggests Dogecoin could experience a sixfold increase from its current local bottom.
Price projections based on this analysis suggest potential targets ranging from the current all-time high of $0.73 to as high as $1.25, with the peak expected to occur in April or May. These projections are derived from pattern recognition and historical price behavior analysis.
Another market analyst, Trader Tardigrade, has presented additional technical observations supporting the possibility of strong price performance. The analyst points to Dogecoin’s historical tendency to outperform other cryptocurrencies during bull cycles, particularly referencing the 2021 market movement.
Technical indicators on the daily chart show a long wick formation, which Trader Tardigrade suggests could trigger another bullish phase. This formation bears similarities to patterns observed in late 2024, when DOGE experienced notable price increases.
Current market data shows Dogecoin trading at approximately $0.26, representing a 2% decrease over the past 24 hours. This price point serves as the baseline for the projected movements discussed in the analysis.
The trading volume has shown steady activity, indicating sustained market interest in the cryptocurrency. Price action on the daily timeframe continues to form patterns that analysts are monitoring for confirmation of their technical predictions.
Chart analysis reveals several key support and resistance levels that could influence future price movement. These technical levels align with historical price points that proved important during previous market cycles.
The daily chart structure shows the formation of specific candlestick patterns that technical analysts use to identify potential trend changes. These formations are being compared to similar patterns that preceded previous price increases.
Market participants are monitoring various technical indicators for confirmation of the pattern comparison. Trading activity shows continued engagement from both retail and institutional traders in the DOGE market.
Recent price action has maintained consistent trading ranges, with clear support and resistance levels established on the charts. These levels provide reference points for traders following the technical analysis.
The market structure continues to develop in line with the historical comparison, though analysts acknowledge that past performance does not guarantee future results. Trading volumes and price action remain key metrics for monitoring pattern development.
Current market data from CoinMarketCap confirms Dogecoin’s price at $0.26, with standard market metrics showing typical trading activity for the asset.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 
#DOGE 2017 vs 2025
