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    Home»Cryptocurrency»DOGE Smashes Triangle Pattern: Next Stop $0.31?
    Cryptocurrency

    DOGE Smashes Triangle Pattern: Next Stop $0.31?

    Finance Insider TodayBy Finance Insider TodaySeptember 12, 2025No Comments3 Mins Read
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    TL;DR

    • Dogecoin breaks triangle at $0.24, with Fibonacci ranges signaling doable rally towards $0.31.
    • Analysts spotlight DOGE’s repeating long-term cycles, suggesting potential breakout above its prior $0.73 all-time excessive.
    • Liquidity knowledge reveals shorts cleared, with DOGE holding $0.25 help and eyeing resistance close to $0.26.

    Symmetrical Triangle Breakout

    Dogecoin (DOGE) has damaged out of a symmetrical triangle sample after a number of weeks of consolidation. The breakout passed off close to the $0.24 degree, sending the value greater and confirming a bullish setup.

    On the time of writing, DOGE is buying and selling at $0.25, supported by a 24-hour buying and selling quantity of greater than $3.15 billion. The token has gained 3% within the final day and is up 16% over the previous week.

    Fibonacci ranges are getting used to trace the following targets. The transfer above the 0.618 retracement at $0.24 has added weight to the breakout. The next ranges to look at are $0.253, $0.27, $0.3, and $0.32. Crypto analyst Ali Martinez said,

    Dogecoin $DOGE breaks out of a triangle, concentrating on $0.31! pic.twitter.com/QLKBUHvMeN

    — Ali (@ali_charts) September 10, 2025

    longer traits, one other evaluation by Javon Marks focuses on Dogecoin’s repeating cycle over a number of years. His chart reveals that DOGE usually consolidates in broad triangle or wedge patterns earlier than breaking higher. This was seen between 2014 and 2017, and once more from 2018 to 2020, which led to the 2021 run that pushed DOGE to a document close to $0.73.

    The present construction, which started forming in 2022, reveals the same consolidation section with greater lows supporting an ascending base. Marks prompt this setup might end in a transfer past the earlier all-time excessive. He famous,

    $DOGE (Dogecoin) to new All Time Highs in a virtually +200% acquire ! pic.twitter.com/6uxRZj8i5j

    — JAVON⚡️MARKS (@JavonTM1) September 10, 2025

    Ichimoku-Based mostly Uptrend Sign

    Analyst Dealer Tardigrade shared an Ichimoku view of Dogecoin’s every day chart. On September 9, the Chikou Span crossed above the value, producing a bullish affirmation. He explained,

    “Chikou Span (Lagging Span) crossing above worth, indicating a affirmation of uptrend. An extended commerce of $DOGE prompt.”

    In accordance with his evaluation, all Ichimoku situations at the moment level upward, producing a powerful uptrend rating of +4. Help sits at $0.23804 and within the $0.21517–$0.22661 vary. DOGE continues to carry above these areas, with resistance seen close to the $0.26 zone.

    Liquidity and Quick Place Liquidations

    DOGE lately moved previous $0.25 after clearing areas the place quick positions had constructed up. These liquidations decreased promoting stress and allowed the price to advance. Liquidity knowledge reveals agency help between $0.23 and $0.24, whereas the market is consolidating round $0.25–$0.255.

    Supply: CW/X

    If shopping for demand continues and the asset breaks above $0.26, the decreased liquidity above present ranges might give DOGE room to push towards the $0.31 goal outlined by analysts.

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