Dogecoin’s weekly chart keeps its symmetrical-triangle structure. Price trades near $0.20 while holding a rising support line that has defined higher lows since 2022. At the same time, a descending resistance from the 2021 peak continues to cap rallies, keeping price action compressed.
The latest long lower wick shows a quick breach and rapid reclaim of support, which preserved the pattern. Historically, triangles often see declining volatility into the apex; DOGE reflects that with tighter weekly ranges and fading swings. Volume has also trended lower, which typically accompanies multi-year consolidations.
Context matters. A similar triangle formed in 2018–2020 before the 2021 breakout, and GalaxyBTC’s overlay highlights that analogue. The current formation spans a larger market cycle, with the two trendlines set to converge into 2026 if neither side breaks first. Therefore, the market is coiling rather than trending, and the structure remains the dominant feature.
Technically, the range is defined by the rising base and the long-term cap. A weekly close through the upper boundary would mark a regime change with expanding ranges historically following such moves. Conversely, a firm weekly close below the rising base would end the pattern and return DOGE to a broader range. Until then, the chart shows compression, higher lows, and an intact triangle.
Dogecoin triangle: watch a weekly close above $0.45
Dogecoin trades inside a multi-month symmetrical triangle with a descending ceiling near $0.45 and a rising base around $0.17–$0.18. The author flags $0.45 as the breaker; a weekly close above that line would end the downtrend and confirm a trend shift. Until that close prints, the pattern remains consolidation.
Price compression supports the setup. Lower highs from the 2021–2024 arc meet steadily higher lows from 2022, creating an apex into late-2025. A clean break and hold over $0.45 would unlock the next liquidity pocket around $0.50–$0.60, where prior supply sits. Using a simple measured move from the triangle’s widest height suggests room beyond those bands if momentum follows through.
However, invalidation is clear. A weekly close back under the rising base—currently in the high-$0.10s—would break structure and shift risk toward the $0.14–$0.16 congestion area. Until either boundary gives way on a weekly basis, expect choppy mean-reversion inside the triangle, with $0.22–$0.25 acting as the mid-zone magnet.
