Dogecoin Roadblock At $0.15: Analyst Predicts The Next Major Level

Newsbtc2026/01/28 21:09

By:Newsbtc

Dogecoin (DOGE) is showing signs of recovery as it attempts to break out of its ongoingbearish trend. However, a crypto analyst had identified a significant roadblock at $0.15, which could determine the meme coin’s next move. According to the analyst, if Dogecoin can decisively break through this resistance, its price could move toward a more bullish target, signaling a potential shift in market momentum.

Dogecoin Faces Major Resistance At $0.15

Dogecoin is now attracting new attention as technical indicators suggest the meme coin may be preparing for a directional move aftermonths of downside pressure. A recent analysis shared by pseudonymous market expert ‘World of Charts’ on X outlines a developing breakout structure that could defineDogecoin’s bullish trajectory.

According to the expert, Dogecoin is trading near a key price area that is acting as a major barrier to further upward movement. The daily chart shows the meme coin trending lower since itsrecord high in late 2024, with a series of lower highs and lower lows dominating price action. This decline eventually slowed as DOGE entereda tight consolidation range near the $0.122 level, highlighted on the chart with a blue horizontal box.

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Dogecoin Roadblock At $0.15: Analyst Predicts The Next Major Level image 1

Source: Chart from World of Charts on X

In his analysis, World of Charts highlighted the blue horizontal zone as a key level to watch. He noted that after Dogecoin breaks out from the horizontal box, he expects it to move above the $0.122 resistance area. Once this happens, he has stated that the meme coin will likely start a move toward the next resistance zone between $0.15 and $0.16.

As mentioned earlier, the price range between $0.15 and $0.16 has been identified as a major barrier. If Dogecoin breaks through this area, it could triggerstronger upward momentum. Currently, the meme coin has surpassed the $1.22 mark and is trading above $1.25. Maintaining a position above this level could be the key toreversing its prolonged downtrend.

Dogecoin Setup Mirrors Bullish Past Cycle Patterns

In a separate analysis, Bitcoinsensus hasissued a bullish forecast for Dogecoin, highlighting a recurring pattern on its price chart. According to the X post, Dogecoin’s current price action is mirroring a historical pattern that has preceded massive rallies during the 2014-2017 and 2018-2021 market cycles.

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The pattern begins with an extended consolidation or accumulation phase followed by a sharp parabolic breakout upward. During the 2014-2017 cycle, Dogecoin recorded a massive gain of 5,858.67%, while the 2018-2021 cycle followed a similar trajectory, with prices surging over 21,457.13%.

With this pattern now emerging in the current cycle, Bitcoinsensus predicts that Dogecoin will be on the verge of a similarly powerful rally. The projection estimates a potential gain of 3,146.88%, suggesting a possible rise from $0.125 to above $3.

Dogecoin Roadblock At $0.15: Analyst Predicts The Next Major Level image 3

DOGE trading at $0.12 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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