{"id":9404,"date":"2026-01-09T19:13:12","date_gmt":"2026-01-09T19:13:12","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/dogecoin-prepares-for-major-recovery-as-bullish-momentum-builds-heres-the-target\/"},"modified":"2026-01-09T19:13:12","modified_gmt":"2026-01-09T19:13:12","slug":"dogecoin-prepares-for-major-recovery-as-bullish-momentum-builds-heres-the-target","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/dogecoin-prepares-for-major-recovery-as-bullish-momentum-builds-heres-the-target\/","title":{"rendered":"Dogecoin Prepares For Major Recovery As Bullish Momentum Builds \u2013 Here\u2019s The Target"},"content":{"rendered":"

Dogecoin (DOGE) is attempting to hold a crucial area as support after recording a 3.2% drop in the daily timeframe. Despite this, an analyst suggests that the leading memecoin is preparing to reclaim a key resistance level lost during the Q4 2025 pullbacks.<\/p>\n

Dogecoin Q1 Momentum Builds<\/h2>\n

Dogecoin has seen a remarkable start to the year, recording a 21% jump from its yearly opening price of $0.117. Amid the recent market recovery, the cryptocurrency reclaimed a crucial price area and hit an eight-week high of $0.156 this Tuesday.<\/p>\n

Notably, the largest memecoin by market capitalization had retraced more than 50% from its Q2 2025 highs and was in a downtrend until last week\u2019s price breakout. Amid this performance, market observer Trader Tardigrade highlighted a pair of Tweezer candlesticks on the monthly chart, which could suggest a bullish reversal is taking place.<\/p>\n

\"Dogecoin\"<\/p>\n

DOGE \u201chas nearly recovered last month’s losses in just 8 days,\u201d he explained, which signals that \u201cclearly, bullish momentum is building up.\u201d Notably, the analyst recently noted that DOGE has broken out of a bullish pattern, \u201cshowing strong upward momentum.\u201d<\/p>\n

According to the chart, the cryptocurrency displayed<\/a> a three-month falling wedge in the three-day chart. Following the recent price surge, Dogecoin was able to breach the pattern\u2019s upper boundary, signaling an initial jump to the $0.140-$0.150 area.<\/p>\n

The trader highlighted that the memecoin displayed a similar performance during his 2024 rally, moving within a multi-month falling wedge before breaking out and kicking off a remarkable performance.<\/p>\n

If DOGE repeats its previous performance, the price could retrace briefly to retest the breakout area as support before the next major surge, the market watcher added. He also pointed<\/a> out that after breaking out of the daily trendline, the cryptocurrency appears to be forming a bullish pennant in the one-day chart.<\/p>\n

A breakout from this pattern would lead to a 40% move toward the $0.20 area, lost during the early Q4 pullbacks. However, DOGE\u2019s price needs to close the day above the $0.142 area to hold the formation.<\/p>\n

DOGE\u2019s Rally In Danger?<\/h2>\n

Despite the bullish outlooks, analyst Ali Martinez affirmed<\/a> that Dogecoin is \u201changing by a thread.\u201d In a Thursday post, the market watcher emphasized that the cryptocurrency is trading within a crucial support zone between the local lows of $0.118 and the recent highs.<\/p>\n

If the memecoin\u2019s momentum doesn\u2019t hold and the price loses this key zone, it could risk a more than 40% retrace. According to the UTXO Realized Price Distribution (URPD) metric cited by Martinez, the next major support is around $0.073, where over 28 billion DOGE tokens were previously exchanged.<\/p>\n

The analyst has recently pointed out that cryptocurrency\u2019s price is seemingly on track to retest the $0.08 level after breaking out of a multi-year ascending channel. The chart shows that Dogecoin traded within an ascending channel on the three-day chart since 2023.<\/p>\n

However, the late 2025 corrections saw the memecoin lose the lower boundary of the ascending channel, potentially painting a concerning picture for its price if long-term bearish momentum continues.<\/p>\n

As of this writing, Dogecoin is trading at $0.142, a 14.55 increase in the weekly timeframe.<\/p>\n

\"dogecoin,<\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin (DOGE) is attempting to hold a crucial area as support after recording a 3.2% drop in the daily timeframe. Despite this, an analyst suggests that the leading memecoin is preparing to reclaim a key resistance level lost during the Q4 2025 pullbacks. Dogecoin Q1 Momentum Builds Dogecoin has seen a remarkable start to the…<\/p>\n","protected":false},"author":1,"featured_media":9405,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[42,725,468,281,33,167,4465,169,166,2381,1140,173],"class_list":["post-9404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-doge","tag-doge-prediction","tag-doge-price","tag-dogecoin","tag-dogecoin-ascending-channel","tag-dogecoin-breakout","tag-dogeusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=9404"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/9405"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=9404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=9404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=9404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}