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A new technical graph shared by Crypto analyst Cas Abbé (@cas_abbe) on X shows a recurring bullish pattern in the Dogecoin price action. The 3-day graph emphasizes three different falling channels in the history of Dogecoin-one during the Q4 2023, another in Q3 2024 and the current at the beginning of 2025 that each preceded the most important price increases of more than 150%.
Dogecoin’s 150% Breakout pattern is back
Fool writes Via X: “Doge is currently in a bullish falling channel, comparable to Q4 2023 and Q3 2024. In both cases the outbreak resulted in a 150%+ pump.” The graph illustrates how Dogecoin was a downward slope in Q4 2023 before it broke out at the end of December of that year and in the following weeks by more than 150% rally.
A similar formation was created in Q3 2024, where Dogecoin again acted in tight falling trend lines before pushing through the upper limit of the canal. That breakout yielded a different substantial price movement, again of more than 150%.
Now Abbé points out that Dogecoin seems to reflect in the past in the past and acts in what he identifies when a ‘bullish drops channel’. Price promotion on the 3-day time frame shows Dogecoin that bounces between parallel trend lines that slop downwards of around $ 0.36 at their highest to around $ 0.24 at their lowest.
If this pattern follows the same route as in 2023 and 2024, Abbé suggests that a considerable advantage can be in the store as soon as the token breaks the resistance of the channel decisively. The DOGE price is currently at the bottom of the channel, which can indicate a buying option. However, a break to the disadvantage can make the bullish setup from the past invalid.
In addition to the short-term marketing sentiment-nog always modest for meme-based cryptocurrencies-wages Abbé to Dogecoin’s decade-long presence in the crypto landscape as proof of the endurance of the currency. He noticed: “I know that sentiment is a lot for memes, but $ doge has been in this room for ten years and will stay here. A Doge of $ 1 is a realistic target for this cycle. “
Although there is no guarantee that history will replicate itself exactly, the graph of Abbé underlines a consistent technical structure that has preceded the sharp movements of Dogecoin in the past.
Buy a signal confirmed?
In the meantime another analyst, Ali Martinez (@ali_charts), offered A shorter display. Martinez share his thoughts through X and said that the TD sequential indicator shows a purchase signal on the 4-hour graph, which often refers to an imminent shift in Momentum.
“Dogecoin can prepare itself for a rebound, because the TD sequential indicator flashes a purchase signal on the 4-hour graph!” Martinez writes via X. The TD sequentially followed by technical traders because of its ability to times local praise tops and soils.
However, one user asked Martinez’s comments and pointed out that the analyst had mentioned a “death cross” between the MVRV ratio and the 200-day advancing average yesterday. Martinez opposed the emphasis on the natural ebb and stream of all markets: “Tell me an active one that goes in one direction in a straight line.”
At the time of the press, Doge traded at $ 0.25456.
Featured image made with dall.e, graph of tradingview.com
