Dogecoin is drawing renewed attention as analysts point to two bullish technical setups that could shape its next major move.
Crypto analyst Javon Marks says DOGE’s long-term “step ladder” pattern points to a possible rally toward $2.80 if historical cycles repeat. Meanwhile, Emilio Crypto Bojan says Dogecoin is close to forming a golden cross on the four-hour chart, a setup traders often watch for signs of improving momentum.
Dogecoin could be setting up for another major breakout if history repeats, according to crypto analyst Javon Marks.
In a chart shared on X, Marks outlined what he described as DOGE's recurring "step ladder" pattern. The weekly chart shows three distinct market cycles in which Dogecoin moved through a similar sequence: a prolonged correction, a breakout from consolidation and a sharp bull run.
DOGE/USD Weekly Chart: The "Step Ladder" Cycle Pattern. Source: Javon Marks
The first cycle, between 2014 and 2017, ended with a gain of roughly 9,400 percent after DOGE broke out of an extended downtrend. The second cycle, spanning 2018 to 2021, followed a nearly identical structure and resulted in a rally of more than 30,600 percent.
According to Marks, Dogecoin now appears to be in the final stages of another consolidation period. The analyst labeled the current phase as "stagnation," similar to the setups that preceded previous breakouts.
If the pattern holds, Marks projects a minimum move of about 3,058 percent from current levels. With DOGE trading near $0.087, that would place the meme coin above $2.80.
However, the projection remains speculative. Technical patterns can provide historical context, but they do not guarantee future performance. Broader market conditions, Bitcoin's direction, investor sentiment and regulatory developments could all influence whether Dogecoin follows its previous cycle behavior.
Even so, the chart has attracted attention because it suggests DOGE may still have substantial upside potential if buyers regain momentum and push the token above key resistance levels.
For now, Marks' "step ladder" thesis offers a bullish roadmap rather than confirmation that another parabolic rally is underway.
Dogecoin could be nearing a bullish technical setup, according to crypto analyst Emilio Crypto Bojan.
In a post on X, Bojan said DOGE is close to forming a golden cross between its 50-period and 200-period moving averages. The setup appears on the DOGE/USDT four-hour chart on Binance.
DOGE/USDT Four-Hour Chart Showing Potential MA 50/200 Golden Cross. Source: Emilio Crypto Bojan (@EmilioBojan)
A golden cross forms when a shorter-term moving average crosses above a longer-term moving average. Traders often view it as a sign that momentum may be improving.
The chart shows DOGE trading near $0.087 after a sharp pullback in early June. The 50-period moving average appears close to crossing above the 200-period moving average, which would confirm the signal.
Bojan’s chart also points to possible upside levels near $0.18, $0.29, $0.45, $0.58 and $0.70 if buying pressure strengthens.
Still, the signal is not guaranteed. Moving average crosses can lag price action and may fail during sideways markets.
For now, traders are watching whether DOGE can confirm the crossover and hold recent support.