According to a crypto analyst, Dogecoin (DOGE) has returned to a major trendline that has repeatedly marked major cycle bottoms in previous market phases. The line-up comes alongside low sentiment and weaknesscircumstances that previously coincided with a strong price recovery. The analyst noted that this lower line could now provide a potential basis for Dogecoin’s next upward move to the top.
Analysts predict Dogecoin perfect price bottom
Market expert Cryptollica has done that announced that may have formed Dogecoin a cycle bottom after revisiting a long-term support trendline that has been building since 2021. The analyst noted that every previous market bottom since 2021 started at the same lower support line.
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In its X-post, Cryptollica pointed out psychological conditions that have historically aligned with this lower trendline. He noted that every time Dogecoin approaches this area, demand and interest in the meme coin plummets to low levels, with sentiment becoming extremely negative and fearful.
This area has also marked major reversal points for Dogecoin, allowing the cryptocurrency to begin a new recovery afterwards a serious downward trend. Previous moves of the Cryptollica price chart 2021 to 2024 support this view. In 2021, Dogecoin hit this trendline around $0.095 before rising to new highs marked its historic bull run. A year later in 2022, the same trendline held at $0.045, again marking the bottom before a sharp recovery.
The cryptocurrency also reached a new bottom near $0.055 in 2024 before an uptrend began that eventually pushed the price above $0.225. In the current market cycle, Dogecoin has revisited this lower trendline. The first time this happened was in early 2026, when the price dropped to around $0.085, and the second happened recently.
Cryptollica has described this latest retest as the “perfect bottom” for Dogecoin, noting that the same structure and negative psychological conditions in 2021 are also present in the current cycle. With chart patterns and broader sentiment almost perfectly aligned, the analyst believes a market reset may have already occurred or is nearing completion. If this view turns out to be correct, he expects Dogecoin will soon enter a recovery phasewith potential upside targets near $1.6.
Analyst insists on waiting for confirmation before calling Bottom
In a separate analysis, market expert Erick Crypto says revealed that Dogecoin recently lost a major support zone. He said the key demand area around $0.085 failed to hold market vendors took control, adding more pressure on the price of the meme coin.
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The analyst added that the latest move raises questions about whether it was a liquidity surge ahead of a possible recovery or the start of one a deeper price correction. As Dogecoin continues its downward trend, Erick Crypto noted that trading volume is still increasing, indicating strong market participation. He urged traders to keep a close eye on price movements and wait for clear confirmation before announcing a final cycle bottom.
Featured image from iStock, chart from Tradingview.com