Dogecoin Dips to $0.12 as Analysts Spot Potential Breakout

Jakarta, Pintu News – The price of Dogecoin (DOGE) was observed to weaken to $0.12 in trading today, January 26, 2026, amid overall crypto market pressure. However, analysts see potential for big moves in the near future.

One of the leading technical analysts, Ali Charts, said that DOGE is currently showing signs of a breakout from a symmetrical triangle pattern, which could open up opportunities for a move of up to 7%.

Dogecoin Price Drops 1.97% in 24 Hours

On January 26, 2026, Dogecoin saw a 1.97% drop over the past 24 hours, trading at $0.1212 — approximately IDR 2,035. Throughout the day, DOGE fluctuated between IDR 2,079 and IDR 1,983.

At the time of writing, Dogecoin holds a market capitalization of around IDR 343.41 trillion, with a 24-hour trading volume reaching IDR 18.55 trillion.

Read also: BTC and ETH Prices Plummet: 5 Crypto that Jumped up to 40% Today!

DOGE Showing Breakout Signs?

Popular crypto analyst Ali Charts revealed that Dogecoin is showing signs of a breakout from a symmetrical triangle pattern on the 1-hour chart.

In his tweet on January 25, 2026, he mentioned that this movement could open up opportunities for gains (or losses) of up to 7%, as prices try to break out of the consolidation pattern that has formed over the past few days.

Read also: Ethereum Price Weakens at $2,800 Today: Where Will ETH Go Next?

From the shared chart, DOGE is seen moving in a narrowing range with the breakout point being around the $0.123 level, near the lower boundary of the triangle formation. A potential move of 7.31% is measured from the previous high of the triangle, which could take the price towards the area around $0.130 if an upward breakout occurs – or vice versa if it fails to hold.

A breakout from such a pattern usually signals the beginning of a significant price movement. However, traders are advised to wait for confirmation of direction before taking a position.

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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. Crypto trading activities are subject to 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.