Despite selling pressure, chart analysts expect a cyclical breakout similar to 2017 and 2021, which both preceded parabolic moves.
Dogecoin (DOGE) may be preparing for its third major cycle, according to several prominent crypto analysts who see historical price patterns aligning once again. Technical trader EtherNasyonal shared a long-term chart showing that Dogecoin’s structure has followed the same rhythm since 2014, each cycle featuring prolonged consolidation followed by a sharp vertical breakout.
The first explosive rally came in 2017, when DOGE surged thousands of percent before retracing into a long accumulation range.
A similar pattern unfolded during 2021, when Dogecoin skyrocketed again during the retail-driven bull phase fueled by Elon Musk’s endorsements. Now, analysts believe the groundwork is forming for a third “RUN”, potentially setting the stage for another significant expansion phase.
Notably, on-chain data from Ali Martinez shows that large Dogecoin holders have sold over 3 billion DOGE in the past 30 days. This wave of whale activity often precedes trend reversals as high-volume addresses take profits near local highs or rebalance portfolios before accumulation resumes.
While such selling could weigh on short-term price performance, it also reflects market rotation typical before large cyclical rallies. In previous Dogecoin cycles, heavy whale distribution occurred just before momentum flipped upward as new participants entered the market.
Analysis from Bitcoinsensus reinforced this view, highlighting that Dogecoin’s long-term logarithmic chart forms nearly identical geometric structures across each cycle. Each breakout phase was followed by a multi-month correction before the next exponential rally.
According to his analysis, Dogecoin’s structure now mirrors the final accumulation zones seen in prior runs, suggesting the next major impulse could push prices to new cycle highs, possibly rivaling its 2021 performance.
The broader crypto landscape has entered a transitional phase. While institutional capital gravitates toward Bitcoin and Ethereum ETFs, retail-driven assets like Dogecoin tend to follow later in the market rotation. Historical data shows DOGE often lags early bull runs but outperforms during euphoric stages.
If this pattern repeats, analysts believe Dogecoin could become a high-beta play for speculative capital once the market reenters full risk-on mode.
With chart symmetry, whale redistribution, and cyclical timing aligning, Dogecoin appears to be entering the early phase of its third long-term expansion cycle. While volatility is expected, analysts remain focused on the potential for another powerful rally once selling pressure subsides.
