The post Dogecoin (DOGE) Price Prediction: Dogecoin Accumulation and Compression Triangle Signal 200% Bullish Breakout by November End appeared on BitcoinEthereumNews.com.

Dogecoin (DOGE) is capturing renewed attention as technical patterns and holder activity suggest a potential explosive rally, with forecasts pointing to a possible 200% surge by November end. Following a sharp flash crash earlier in October, short-term investors have been actively accumulating DOGE, signaling growing confidence despite market volatility. Combined with a compression triangle forming on the charts, these developments set the stage for a possible significant upside, attracting both retail and institutional interest. Rise in Accumulation Among Short-Term Holders Recent on-chain data indicate that, despite recent volatility, short-term holders are actively accumulating Dogecoin (DOGE). Following the steep flash crash earlier in October, many traders saw the correction as a strategic buying opportunity rather than a warning sign. Dogecoin has yet to reach euphoria, with short-term holders steadily accumulating, suggesting potential near-term price upside supported by historical on-chain patterns and metrics. Source: Joao Wedson via X Market analyst Joao Wedson, founder of Alphractal, noted that this steady accumulation reflects growing confidence in Dogecoin’s long-term potential. Key on-chain metrics, such as Hodl Waves and the MVRV Z-Score, also suggest that DOGE is far from reaching its cycle peak, leaving room for further upside before any major top forms. Technical Setup: Compression Triangle and Wedge Breakout From a technical standpoint, Dogecoin appears to be forming a compression triangle—a chart pattern that often precedes a sharp move in price. The coin has recently broken out from a long-term descending wedge that had restricted upward movement for months. Following a recent liquidation crash, Dogecoin (DOGE) is forming a compression triangle, signaling consolidation before a potential breakout, with a bullish surge possible by the end of November. Source: Jimmy via X This breakout, combined with the establishment of a firm support zone between $0.23 and $0.25, provides additional strength to the bull case. Analysts point…

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Filed under: News - @ October 17, 2025 2:27 am