Dogecoin is sitting near a major long-term support area as analysts debate whether the current weakness is part of a wider cycle reset.
KrissPax says DOGE could reach its next cycle high in spring 2028, while Surf says the upcoming monthly and quarterly closes may decide whether the bullish structure holds.
Dogecoin's 3.5-Year Cycle Points to Potential 2028 Peak, Analyst Says
Dogecoin could remain under pressure in the near term before entering a new bull market cycle, according to crypto analyst KrissPax.
In a post on X, the analyst said DOGE continues to follow a 3.5-year cycle theory, with the next major cycle high potentially arriving in spring 2028. The outlook suggests the current weakness may be part of a broader bear market phase rather than a breakdown of the long-term trend.
DOGE/USD Long-Term Cycle Chart. Source: KrissPax (@krisspax)
The weekly DOGE/USD logarithmic chart highlights a series of rising trend channels that have guided Dogecoin's price action since 2014. Previous cycle highs in 2017, 2021, and the local peak in 2024 occurred within the upper portions of the channel structure.
According to KrissPax, Dogecoin is currently trading near the lower boundary of its long-term range, represented by the red trend line. The analyst noted that DOGE could temporarily fall below this support as the 2026 bear market continues.
However, the chart suggests that price appreciation could begin later this year and accelerate through 2027 if a new bull market cycle develops. Based on the historical pattern, the next major peak could occur around spring 2028.
The projected path remains speculative and depends on broader market conditions, investor sentiment and the overall direction of the cryptocurrency market.
For now, KrissPax views the current period as a potential accumulation phase within a longer-term cycle, with attention shifting toward whether Dogecoin can begin building momentum ahead of the next projected bull market.
Dogecoin Tests Multi-Year Support Confluence as Monthly Close Approaches, Analyst Says
Dogecoin is approaching a potentially decisive moment on higher time frames as it tests the intersection of two long-term support levels, according to crypto analyst Surf.
In a post on X, the analyst said DOGE is currently testing the confluence of a multi-year uptrend line and a major horizontal support-resistance level, with the upcoming monthly and quarterly closes likely to determine the next major move.
DOGE/USD Multi-Year Support Test. Source: Surf (@_CryptoSurf)
The monthly DOGE/USD chart shows Dogecoin trading near $0.087, a level that has acted as both support and resistance across multiple market cycles. At the same time, price is resting on an ascending trend line that has connected major lows since 2022.
According to Surf, the combination of these two technical levels creates an important support zone. The analyst noted that a monthly and quarterly close above both levels would strengthen the bullish outlook and suggest the long-term uptrend remains intact.
The chart highlights how previous Dogecoin rallies emerged after extended periods of consolidation around key support areas. As a result, traders are closely watching whether buyers can defend the current zone.
However, failure to hold the confluence area could weaken the bullish structure and increase the risk of additional downside pressure.
For now, the focus remains on the upcoming higher-time-frame closes, with roughly two weeks remaining before traders receive confirmation on whether Dogecoin can maintain support at this critical level.
