Dogecoin (DOGE) Enters Major Accumulation Phase: Charts Signal Rally Toward $0.75

Dogecoin's chart patterns are flashing a classic accumulation signal—the kind that makes technical analysts lean forward in their chairs.

Forget the memes for a moment. The on-chain data and price action are telling a more serious story. A sustained period of sideways trading at a key support level, coupled with consistent buying volume from large wallets, is painting a textbook picture of institutional and whale accumulation. It's the quiet phase before the potential storm.

The Technical Setup

The weekly chart shows DOGE coiling within a tightening range, a formation that often precedes a significant directional move. Key momentum indicators have reset from overbought territory and are curling upward from neutral zones, suggesting building bullish pressure. The critical resistance levels that once capped rallies now appear as stepping stones on the higher timeframe analysis.

Price Targets in Play

Breaking out of this accumulation zone could unlock a path toward the $0.75 mark. That target isn't plucked from thin air; it's derived from measured move projections based on the depth of the recent consolidation pattern. Reaching it would represent a substantial upside move—the sort of volatility that crypto traders live for, and traditional finance pundits love to clutch their pearls over.

A final thought: In a market where 'fundamentals' can be a tweet from a billionaire, the cold, hard logic of a chart pattern feels almost refreshingly archaic. Whether this setup delivers or becomes another lesson in humility remains to be seen, but the algos are certainly starting to pay attention.

Dogecoin Enters Key Accumulation Zone

As per the statistics that Joao Wedson has shared, Dogecoin is now in the most critical accumulation region. The region is indicated by the CVDD Channel, which is the long-term on-chain indicator that is the region that DOGE takes as a solid price floor.

Dogecoin has entered its most important accumulation zone.

Historically, the blue levels of the CVDD Channel have acted as strong structural support for DOGE. After price touched the first blue level, dogecoin rallied +24% in the last 48 hours.

The CVDD (Cumulative Value Days… pic.twitter.com/bPNQXj2CEK

Historically, in past market cycles, the blue levels of the CVDD Channel have been major support levels. It is important to highlight that, shortly after DOGE reached the first blue level, there was a massive 24% increase in the price in just 48 hours.

The CVDD (Cumulative Value Days Destroyed) indicator makes use of on-chain activity to approximate the long-term value by measuring how long coins are retained before transferring.

This CVDD Channel improves on that information by introducing levels based on Fibonacci, establishing an area where, historically, the price action responded. To explain, Dogecoin’s activity in the lower blue CVDD levels historically indicates where long-term investors have been accumulating.

Dogecoin Signals Major Breakout Ahead

Further fueling the optimistic sentiment was the fact that Bitcoinsensus was also pointing out that there was the possibility of a much larger breakout in the future. On the basis of past trends, it was noticed that DOGE was poised for a breakout in the direction of $0.75, targeting a heavy WHITE dotted resistance line on the chart.

Although nothing is guaranteed at this point, the on-chain indicators and market action are showing that DOGE may be embarking on the beginning steps of another crucial phase.