Dogecoin is trading at $0.085 in early June 2026, which is about 88% below its 
all-time high but deep inside what one analyst believes is the most important 
technical setup the meme coin has seen since its pre-2021 launch sequence. The 
difference this time, however, is that the crypto market is no longer dealing 
with the same small meme coin from the last cycle but with a larger asset 
sitting in a different liquidity environment. Dogecoin Repeats Its Old Monthly 
Structure Technical analysis of Dogecoin&#8217;s price action on the monthly 
candlestick timeframe chart is showing evidence that the meme coin may be 
repeating the same long-cycle pattern that played out between 2014 and 2017 
before the massive 2021 rally. The comparison, which was done by crypto 
analyst Trader Tardigrade, compares two major Dogecoin cycles, with both 
showing a long consolidation phase, a falling wedge, and then a breakout 
attempt. Related Reading: Bad News For Bitcoin: Historical Lows Show The 
Bottom Actually Lies Below $30,000 In the first cycle, Dogecoin spent years 
grinding through a wide downtrend wedge range between 2016 and early 2017 
after its previous crash in 2014. After that, the price then entered the 
parabolic phase that eventually carried DOGE into its 2021 top. Dogecoin began 
2021 trading at less than one cent, somewhere around $0.004. By reaching its 
all-time high in May 2021, Dogecoin saw an increase of over 18,000% in just 
five months. However, that completed structure produced a rally of about 
29,000% from the 2015 low. The current structure, drawn from the 2021 peak 
into 2026, appears to be following the same sequence. Dogecoin first entered a 
broad post-bull-market decline after 2021 that ended in 2023, and is now 
trading inside another falling wedge compression on the monthly timeframe. The 
dotted projection on the chart predicts that a breakout from this structure 
could lead to a much larger expansion phase later in the cycle. Dogecoin Price 
Chart. Source: @TATrader_Alan On X What A Completed Pattern Would Mean For 
Dogecoin The optimistic case in this technical analysis depends on how 
Dogecoin reacts with the falling wedge. If Dogecoin breaks out of the monthly 
falling wedge, then the comparison to 2021 will have more significance. 
Related Reading: Institutions Are Loading Up On XRP, But Liquidity Tells A 
Different Story The projection on the chart by Trader Tardigrade maps a 
potential move that starts with a rally above the current range, then a 
pullback, and later a far larger parabolic rally into the end of the decade. 
The projected arc ascends to the $3 to $5 range, a possible rejection back 
below $1, and then a rally to triple digits, which is consistent with what a 
29,000% move from current price levels would produce. Repeating that kind of 
rally would require far deeper inflows than the previous cycle, but Dogecoin 
now has a stronger environment of utility and avenues for institutional 
inflows. For instance, House of Doge and MoonPay recently announced their 
partnership to enable DOGE payments across over 6,000 merchants, and possible 
Spot Dogecoin ETF inflows are another institutional facilitator. Featured 
image created with Dall.E, chart from Tradingview.com

Dogecoin is trading at $0.085 in early June 2026, which is about 88% below its all-time high but deep inside what one analyst believes is the most important technical setup the meme coin has seen since its pre-2021 launch sequence. The difference this time, however, is that the crypto market is no longer dealing with &#8230;

Dogecoin Is One Step Away From The Same Pattern That Triggered 2021’s 29,000% Rally, What Next?

ExodusPoint&#8217;s expansion with ADIC support highlights the growing influence of 
Middle Eastern capital in global hedge fund strategies.
The post ExodusPoint raises $2B with backing from Abu Dhabi&#8217;s ADIC appeared 
first on Crypto Briefing.

ExodusPoint&#8217;s expansion with ADIC support highlights the growing influence of Middle Eastern capital in global hedge fund strategies. The post ExodusPoint raises $2B with backing from Abu Dhabi&#8217;s ADIC appeared first on Crypto Briefing.

ExodusPoint raises $2B with backing from Abu Dhabi’s ADIC

SpaceX&#8217;s IPO could significantly impact wealth distribution, influence 
financial markets, and boost regional economies, especially in Texas.
The post SpaceX IPO expected to create 4,000 new millionaires as $1.8 trillion 
debut looms appeared first on Crypto Briefing.

SpaceX&#8217;s IPO could significantly impact wealth distribution, influence financial markets, and boost regional economies, especially in Texas. The post SpaceX IPO expected to create 4,000 new millionaires as $1.8 trillion debut looms appeared first on Crypto Briefing.

SpaceX IPO expected to create 4,000 new millionaires as $1.8 trillion debut looms

The decision to focus on the fusion merger may streamline operations but 
alters investor risk by combining media and energy ventures.
The post Trump Media, TAE, and Texas Ventures abandon Truth Social spinoff to 
focus on fusion merger appeared first on Crypto Briefing.

The decision to focus on the fusion merger may streamline operations but alters investor risk by combining media and energy ventures. The post Trump Media, TAE, and Texas Ventures abandon Truth Social spinoff to focus on fusion merger appeared first on Crypto Briefing.

Trump Media, TAE, and Texas Ventures abandon Truth Social spinoff to focus on fusion merger

BYD&#8217;s ambitious growth targets could reshape global auto industry dynamics, 
challenging established leaders and accelerating EV adoption.
The post BYD chairman Wang Chuanfu expects firm to become largest automaker in 
five years appeared first on Crypto Briefing.

BYD&#8217;s ambitious growth targets could reshape global auto industry dynamics, challenging established leaders and accelerating EV adoption. The post BYD chairman Wang Chuanfu expects firm to become largest automaker in five years appeared first on Crypto Briefing.

BYD chairman Wang Chuanfu expects firm to become largest automaker in five years

The speculative frenzy in crypto futures and secondary markets highlights the 
potential volatility and risk in pre-IPO investments.
The post Investors earn millions betting on SpaceX before its IPO through 
crypto futures and secondary markets appeared first on Crypto Briefing.

The speculative frenzy in crypto futures and secondary markets highlights the potential volatility and risk in pre-IPO investments. The post Investors earn millions betting on SpaceX before its IPO through crypto futures and secondary markets appeared first on Crypto Briefing.

Dogecoin Is One Step Away From The Same Pattern That Triggered 2021’s 29,000% Rally, What Next?

Comments