TLDR

DOGE price trades near a falling wedge apex, signaling volatility expansion and bullish breakout potential.
A 4-hour change of character suggests a short-term trend shift toward $0.15–$0.18.
Post-liquidity sweep consolidation near $0.12–$0.13 indicates fading selling pressure.
Multi-timeframe alignment supports upside scenarios toward $0.30–$0.40 in 2026.

Dogecoin (DOGE) price continues to trade within a compressed structure, as multiple technical indicators suggest a potential trend shift. Analysts have highlighted a long-term falling wedge, a short-term change of character, and post-correction consolidation near key support. Together, these factors frame upside scenarios ranging from $0.15 in the near term to $0.40 if broader momentum returns in 2026.

Dogecoin Price Compresses Inside Long-Term Falling Wedge

According to analyst Trader Tardigrade, the weekly Dogecoin against USD chart reveals a well-defined falling wedge stretching from the 2025 peak near $0.45. Lower highs continue to compress against a relatively flat support base above $0.10. This structure reflects declining volatility and gradual seller exhaustion.

DOGEUSD CHART | SOURCE: X

Moreover, falling wedges are historically biased toward bullish resolution, particularly after strong prior rallies. The current pattern follows Dogecoin’s 2024–2025 advance, suggesting consolidation rather than structural weakness. Recent candles are clustering near the wedge apex, signaling an approaching volatility expansion.

In addition, a confirmed breakout above the descending resistance could project targets between $0.30 and $0.40. That move would align with the wedge’s measured height. Failure to hold support risks a retest of $0.10, though historical probabilities favor upside resolution.

Dogecoin Price Shows Reversal Signal

Meanwhile, Tardigrade’s 4-hour analysis of Dogecoin price highlights a notable change in trend. After months of lower highs and lower lows, the price recently broke above the descending trendline. This breakout produced a higher high, marking a shift from bearish to bullish structure.

Furthermore, price is consolidating near $0.125–$0.13 following the breakout. This behavior suggests acceptance above prior resistance rather than rejection. Such pauses often precede continuation moves when higher lows begin to form.

DOGEUSD CHART | SOURCE: X

According to the analysis, sustained structure could target $0.15 to $0.18 in the short term. Risk remains defined below recent swing lows. In volatile assets like DOGE, this structural shift often precedes impulsive moves once momentum builds.

Liquidity Sweep Leaves DOGE Price in Base Formation

Additionally, analyst BitGuru focused on recent range behavior following a sharp correction. The 10-day DOGE chart outlines a completed liquidity sweep in November, which flushed weaker positions. Since then, the price has stabilized inside a horizontal consolidation zone around $0.12–$0.13.

DOGEUSD CHART | SOURCE: X

Moreover, the ability to hold lower-range support indicates fading selling pressure. This phase reflects a transition from distribution into accumulation. Consolidation after a sweep often builds the foundation for gradual expansion.

BitGuru noted that a break above the range high could open upside toward $0.15 and beyond. Conversely, a range breakdown would delay recovery. Directional resolution remains dependent on volume and broader market conditions.

Overall, Dogecoin price technical structure shows alignment across timeframes. Long-term compression, short-term reversal signals, and stabilized consolidation suggest growing bullish potential. Market investors continue to monitor confirmation levels as DOGE price approaches a critical inflection point.

The post Dogecoin Price Prediction: Chart Patterns Signal $0.40 Breakout appeared first on CoinCentral.

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Filed under: News - @ January 2, 2026 7:27 pm