DOGE Smashes Triangle Pattern: Next Stop $0.31?
The post DOGE Smashes Triangle Pattern: Next Stop $0.31? appeared on BitcoinEthereumNews.com.
TL;DR Dogecoin breaks triangle at $0.24, with Fibonacci levels signaling possible rally toward $0.31. Analysts highlight DOGE’s repeating long-term cycles, suggesting potential breakout above its prior $0.73 all-time high. Liquidity data shows shorts cleared, with DOGE holding $0.25 support and eyeing resistance near $0.26. Symmetrical Triangle Breakout Dogecoin (DOGE) has broken out of a symmetrical triangle pattern after several weeks of consolidation. The breakout took place near the $0.24 level, sending the price higher and confirming a bullish setup. At the time of writing, DOGE is trading at $0.25, supported by a 24-hour trading volume of more than $3.15 billion. The token has gained 3% in the last day and is up 16% over the past week. Fibonacci levels are being used to track the next targets. The move above the 0.618 retracement at $0.24 has added weight to the breakout. The following levels to watch are $0.253, $0.27, $0.3, and $0.32. Crypto analyst Ali Martinez stated, Dogecoin $DOGE breaks out of a triangle, targeting $0.31! pic.twitter.com/QLKBUHvMeN — Ali (@ali_charts) September 10, 2025 Looking at longer trends, another analysis by Javon Marks focuses on Dogecoin’s repeating cycle over several years. His chart shows that DOGE often consolidates in broad triangle or wedge patterns before breaking higher. This was seen between 2014 and 2017, and again from 2018 to 2020, which led to the 2021 run that pushed DOGE to a record near $0.73. The current structure, which began forming in 2022, shows a similar consolidation phase with higher lows supporting an ascending base. Marks suggested this setup could result in a move beyond the previous all-time high. He noted, $DOGE (Dogecoin) to new All Time Highs in a nearly +200% gain ! pic.twitter.com/6uxRZj8i5j — JAVON⚡️MARKS (@JavonTM1) September 10, 2025 Ichimoku-Based Uptrend Signal Analyst Trader Tardigrade shared an Ichimoku view of…
Filed under: News - @ September 11, 2025 8:27 pm