Dogecoin has shown a recurring market pattern over the past decade, marked by long-term accumulation phases followed by strong price increases. Since 2014, these cycles often occur before significant price volatility. Analysts note that current market behavior reflects previous bullish setups.
Historical Models Indicate Price Increase Potential
Dogecoin's long-term chart highlights recurring accumulation and breakout patterns. Data shows extended consolidation phases in 2014, 2017, and 2021, with each consolidation phase followed by a strong price increase. The price surges in 2017 and 2021 occurred after prolonged periods of stability, each leading to significant growth.
The current structure, in place since 2022, reflects a gradual upward trend. Prices are consolidating against long-term support, a setup similar to previous breakout phases.
Analysts suggest that this may indicate that the 'good part' of the cycle could be approaching. With the historical rhythm gradually stabilizing, traders view 2025 as a critical period for the strong growth potential of DOGE market performance.
Unlocking Large Notification Tokens Scheduled for This Week
Meanwhile, data from Tokenomist shows that Dogecoin will experience a large token unlock from August 11 to August 18. This event will release 95.49 million DOGE, worth approximately $22.09 million based on current market value. This figure accounts for 0.69% of the total circulating supply.
This release belongs to a group of large linear unlocks, defined as daily releases valued over $1 million. Such unlocks can attract market interest due to their potential impact on liquidity and price volatility.
At the time of reporting, Dogecoin is trading at $0.2383, reflecting a 0.87% increase in the past 24 hours. Traders are closely monitoring to see if the token unlock aligns with broader technical signals that often indicate significant upward trends.