Dogecoin’s History May Be Repeating — Could a New Record Be Near?

Jakarta, Pintu News – Dogecoin (DOGE) is expected to be preparing for its next big move, as a number of popular crypto analysts identify a long-term pattern that is forming again. So, what’s the analysis?

Dogecoin Follows a Consistent Pattern

EtherNasyonal’s technical analysts recently shared a historical chart showing that since 2014, Dogecoin has followed a consistent pattern: long periods of relatively calm price movements, followed by large spikes.

Read also: Dogecoin Price Today Hovers at $0.18 Today: DOGE Potentially Down to $0.13?

The first major spike occurred in 2017 when DOGE jumped thousands of percent before re-entering a long-term consolidation phase. A similar pattern repeated itself in 2021, when the Dogecoin price increased sharply driven by strong community support as well as highlights from public figures like Elon Musk.

Currently, experts expect the market to form the foundation for the third major surge in the history of Dogecoin’s movement.

Dogecoin faces bulk selling by large holders

On-chain analyst Ali Martinez reports that in the past month, Dogecoin’s big whales have sold more than 3 billion DOGE. According to him, this kind of activity is not unusual, as historically large sales volumes by whales often precede major trend reversals.

In previous cases, massive sales from large investors were always followed by a new accumulation phase, which then led to a recovery in the Dogecoin price.

While this selling pressure may depress prices in the short term, it can also be considered as part of the market’s adjustment process before the next upward phase begins.

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On the other hand, analysts from Bitcoinsensus observed that Dogecoin’s long-term chart still reflects previous cyclical patterns. After big gains, DOGE consistently undergoes long corrections, which are always followed by subsequent price spikes.

Based on their analysis, Dogecoin’s current price movement is very similar to the accumulation zone before the previous big spike. If the historical pattern repeats itself, DOGE could potentially enter a strong upside phase that could even challenge the price peak in 2021.

Dogecoin Chart Shows Upside Potential

The crypto market as a whole is currently in a transitional phase. Institutional investors tend to focus on Bitcoin (BTC) and Ethereum (ETH) through ETF instruments, while assets like Dogecoin typically move slower in the market cycle.

Historically, DOGE often lags at the beginning of a bull market phase, but is then able to outperform the big coins when retail investors return in a massive way.

If the market re-enters a “risk-on” phase, analysts expect the DOGE to attract a wave of speculative attention that could potentially trigger its third major cycle, following the long-term pattern it has established in its history.

Currently, analysts see Dogecoin repeating its historical cycle, with indications of accumulation and selling from whales as part of the stages ahead of a significant breakout. If crypto market momentum picks up, DOGE is considered to be well-positioned to experience another strong rally, similar to those in 2017 and 2021.

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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:

• TronWeekly. Dogecoin (DOGE) May Be Setting Up for Its Third Major Bull Run. Accessed on November 11, 2025