Dogecoin Plunges 6% Today — But Monthly Structure Hints at Possible Bullish Rebound

Jakarta, Pintu News – Dogecoin (DOGE) price analysis points to positive long-term movement, as analysts reveal the presence of a macro structure that points to a continued bullish trend.

Current market conditions suggest that DOGE is in a position to experience a new expansion, with predictions targeting new record high prices by 2030. Analysts also highlighted that on-chain positions and important support levels have been maintained despite volatility in the overall market, giving hope for the next bullish cycle.

So, how is the Dogecoin price moving today?

Dogecoin Price Drops 6.85% in 24 Hours

On December 1, 2025, Dogecoin saw a sharp 6.85% decline over the past 24 hours, trading at $0.1385, or approximately IDR 2,311. During this period, DOGE fluctuated between IDR 2,511 and its current low.

At the time of writing, Dogecoin’s market capitalization is around IDR 351.95 trillion, with a 24-hour trading volume of roughly IDR 18.9 trillion.

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Logarithmic growth channel shows potential for Dogecoin price increase

Analysts named Trader Tardigrade described Dogecoin’s price movement within a long-term logarithmic growth channel, which DOGE has been following since 2014. Historically, DOGE has always followed that uptrend line, regardless of sharp spikes or prolonged consolidation phases.

The chart also shows a long accumulation phase before the big spike in 2021, which supports the narrative that the Dogecoin price moves in periodic macro cycles.

Currently, the price of DOGE is moving towards a new projection zone, which indicates the beginning of a potential rally. The analyst describes a hypothetical wave pattern that suggests that DOGE may experience a sharp spike in 2026. This rise could potentially take the price to the upper limit of the logarithmic channel before a correction at the end of the decade.

While these projections are broad, the chart predicts that DOGE’s price target could break the $1 mark and even reach several dollars in the long run, as long as Dogecoin continues to follow the historical patterns within the logarithmic channel.

Repeating Mini Cycle Hints at Potential DOGE Price Breakout

Further analysis from Bitcoinsensus analysts further reinforces the belief in Dogecoin’s upside potential. The analyst identified a recurring pattern of DOGE price mini-cycles, where each cycle starts with an accumulation phase before the price goes up.

In its historical movement, Dogecoin has recorded spikes of 190% to 480%, indicating that DOGE’s price action takes place in structured phases.

Based on the pattern, the current market conditions are aligned with the 3rd Accumulation Phase, which has strong similarities with previous cycles. The weekly candle has also started to break the long-term downtrend line which has been a strong resistance level since the peak of the last cycle.

In addition, the RSI indicator has also managed to break out of its long-term downtrend-a technical signal that in DOGE’s history has often been the start of a major rally. Bitcoinsensus projects that if this pattern continues, DOGE could potentially breakout to $0.80, which would put it in the zone of new historical highs.

PMO Indicator Hints at Beginning of Momentum Before Spike

Tardigrade analysts also highlighted the Price Momentum Oscillator (PMO), an indicator that has historically identified major bullish phases in Dogecoin. Whenever the PMO drops to its baseline and starts to curve upwards, a big DOGE rally tends to follow – as it did in 2017 and 2021.

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Currently, a similar upward arch pattern is starting to form, indicating a strong accumulation phase which is usually the start of a high price movement with great momentum.

On the other hand, DOGE prices also continue to form macro lower lows above the rising support trend line. The combination of growing momentum, the strength of long-term support, and alignment with historical cyclical patterns strengthens the probability of another price rise.

On-Chain Data Confirms Key Support and Resistance

Additional confirmation comes from the On-Chain Cost Basis Distribution Heatmap provided by analyst Ali.

The data shows a large accumulation in the $0.08 price zone, which reflects the strength of support from long-term holders. This also decreases the likelihood of the price dropping below this level, as investors tend to hold the asset rather than sell at a loss.

However, there is strong resistance around the $0.20 zone, where over 12 billion DOGE have accumulated. This forms a structurally significant supply barrier, and must be convincingly broken to unlock the next potential macro price target. If this crucial level is successfully surpassed by buying pressure (bullish), analysts predict that momentum could drastically increase.

Currently, the Dogecoin price is trading near an important support zone, with various indicators suggesting that a breakout of the macro level is taking shape.

If general crypto market conditions remain positive and trending indicators continue, the Dogecoin price has the potential to return to the markup levels of the previous cycle-even surpassing them in the next expansion cycle.

FAQ

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a cryptocurrency that was originally created as a joke but has evolved into a serious investment and transaction tool.

How do analysts predict Dogecoin (DOGE) price movements?

Analysts use various methods such as logarithmic growth channels, mini-cycle analysis, and indicators like the Price Momentum Oscillator (PMO) to predict price movements.

When is Dogecoin (DOGE) expected to reach a new price peak?

Based on current analysis, Dogecoin (DOGE) is expected to reach a new price peak around 2030.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• The Market Periodical. Dogecoin Price: Monthly Structure Points to Bullish Channel into 2030. Accessed on December 1, 2025