The post Dogecoin (DOGE) Price Prediction: Analysts Track Elliott Wave Structure as DOGE Approaches Key Breakout Zone appeared on BitcoinEthereumNews.com.

Dogecoin is gaining renewed attention as several technical analysts point to a long-forming Elliott Wave structure that may be entering its final upward phase. While chart-based projections remain speculative, recent price action, historical patterns, and accumulation behavior place Dogecoin at a technically significant juncture. A widely circulated TradingView analysis by independent market technician Michael K., who has published Elliott Wave market reviews since 2017, maps a potential five-wave impulse pattern beginning in 2014. Based on this model, Dogecoin may now be progressing into Wave 5—typically considered the final expansion leg in classical Elliott Wave theory. In this scenario, an upper-range target near $1.76 represents one possible extension, though analysts emphasize that such projections depend on sustained trend continuation, adequate volume, and broader market participation. Understanding the Ascending Triangle Setup Dogecoin’s current structure shows an ascending triangle forming across multiple timeframes. The pattern, characterized by rising higher lows and relatively stable resistance near $0.23, is often monitored by traders as a signal of contracting volatility before a potential breakout. As of writing, DOGE trades near $0.18, maintaining contact with its rising support line. In prior cycles—notably earlier this year—DOGE rebounded from a comparable zone before entering a month-long rally of approximately 65%. While past behavior does not guarantee future outcomes, traders note that similar structural conditions have preceded expansion phases. Dogecoin continues to follow a strong five-wave structural pattern, with analysts noting that its cycle targets above $1 remain intact despite potential short-term distribution. Source: @XForceGlobal via X Korean Certified Elliott Wave Analyst @XForceGlobal, who frequently publishes audited forecasting records and market reviews, described this formation as “a structurally consistent continuation of Dogecoin’s multi-year trend.” His assessment highlights that DOGE’s long-term structure still aligns with previous market cycles, though he cautions that triangle formations can be invalidated quickly if support breaks.…

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Filed under: News - @ November 15, 2025 9:21 pm