Dogecoin forms symmetrical triangle structures and rising lows, echoing historical bull markets that triggered rallies to new all-time highs.
A 226% price increase from $0.237 projects a breakout beyond $0.73905, Dogecoin’s all-time high set in May 2021.
Chart data points toward extended price targets of $1.42 and $2.11, representing potential gains of more than 830% from current levels.
Dogecoin’s current price structure reflects patterns from previous bull runs. Technical repetition, whale activity, and historical performance signal a strong case for an upside breakout toward key projected targets.
According to market analyst Javon Marks Dogecoin is showing repeating technical patterns that resemble those seen before its previous major rallies.This includes the 2021 breakout that pushed prices to an all-time high of $0.73905.
Source: Javin Marks
Historical chart structures highlight three key accumulation phases, each defined by a symmetrical triangle and an ascending trendline of higher lows. These setups consistently preceded sharp bullish breakouts.
In the first cycle between 2014 and 2017, Dogecoin moved within a narrowing structure before surging toward $0.018127. The second cycle between 2018 and 2020 followed the same trend, with the price breaking out parabolically to its current all-time high in early 2021. Since mid-2021, Dogecoin has formed a similar consolidation structure, showing a continuation of this technical rhythm.
Whale Accumulation Strengthens Bullish Case for Dogecoin
As of July 30, 2025, Dogecoin trades near $0.237, above key exponential moving averages. A 226% gain from this level would take the price above $0.73905.Volume and on-chain metrics also support the possibility of continuation.
Source: Coinglass
According to Coinglass data, whale wallets accumulated 130 million DOGE during the July rally, pushing holdings to over 50.79 billion tokens. These large holders maintained their positions during the price retracement to $0.21, showing sustained confidence. Exchange outflows during this period indicate reduced sell pressure, reinforcing the accumulation phase.
Technical Structures Mirror Past Breakouts With Precision
Technical indicators remain supportive. The Accumulation/Distribution line has risen since April 2025, confirming buying activity throughout the consolidation.This projection is consistent with the prior cycles, where consolidation periods were followed by sharp upward price expansions.
If historical cycles remain consistent, Dogecoin not only shows the potential to reclaim its all-time high, but also to extend toward long-term projections of $1.42 and $2.11. These levels represent over 830% in possible gains from current prices, maintaining alignment with previous post-breakout trajectories recorded in the chart’s history.
