Dogecoin Eyes Historic Support Zone as Tenfold Surge Looms

Dogecoin (DOGE) is testing its long-term support zone once again, a crucial area that analysts have identified as a prime opportunity during previous market cycles. If DOGE can maintain its grip on this trendline and break its downtrend, the potential for a stronger rally heading into 2026 remains alive.

Trader Tardigrade has drawn attention to Dogecoin's ongoing test of a rising trendline on the monthly chart, linking the lows and breakout points of past cycles. According to his analysis, a similar price structure has played out ahead of major expansion phases in the past. Historically, each cycle's major reaction emerged near this upward trendline.

MikybullCrypto notes that Dogecoin has returned to a critical weekly support band after trending lower from its 2024 high. This region has historically served as a base during earlier attempts to recover, coinciding with the lower boundary of key trading ranges. If DOGE can hold this support, the chart indicates a potential structure for more than tenfold returns, potentially targeting the $0.70 area near previous cycle peaks or even higher.

The Relative Strength Index (RSI) is also hovering near the lower band, signaling an effort to emerge from a period of weakness. However, the current setup is still in its early stages, and for a convincing Dogecoin recovery, the price must overcome the descending trendline and recapture higher resistance levels.