Overview
- Latest coverage on May 24–25 shows Dogecoin trading around $0.1028 while testing the 0.618 Fibonacci fan drawn from the 2021 peak.
- Price is squeezed inside a multi-year pennant or triangle where lower highs and higher lows converge toward an apex, and no breakout has yet been confirmed.
- Analysts say a weekly close below $0.095 would weaken the bullish setup and likely push DOGE into a $0.095 to $0.08 consolidation range.
- Commentators compare this retest to October 2024’s 0.5 Fib fan hold that preceded a major rally, and some analysts frame the current stretch as an accumulation phase that could precede a larger advance.
- Market-cap charts show a similar triangle and a charted upside target of $73.19 billion if resistance is cleared, but that projection is conditional and remains speculative.