Dogecoin ($DOGE ) is displaying a familiar weekly technical pattern that mirrors a previous cycle, with charts revealing a repeating structure as On Balance Volume (OBV) turns upward. The latest analysis shows price breaking out from an extended consolidation wedge on the weekly timeframe.
โจ Dogecoin is showing a weekly price structure that closely resembles an earlier phase when the token compressed for months before rallying sharply higher. The DOGE weekly chart reveals price once again respecting a large wedge pattern before pushing decisively upward. The OBV indicator beneath the price chart has started curling upward at the same stage of formation as before, suggesting accumulation pressure similar to the previous pattern.
โจ The comparison illustrates how DOGE previously traded within a tightening range before momentum picked up once consolidation resolved. A similar structure has formed recently, with downward-sloping resistance and support lines now giving way to a strong upward move. The OBV trend is rising in sync, marked by arrows and green indicators that emphasize the timing between volume strength and rising price. These repeating elements support the idea that Dogecoin may be following a familiar market cycle on the weekly chart.
โจ In the latest section, DOGE price climbs steeply toward the 0.80 to 0.90 USDT zone, with tall weekly candles showing the scale of the move after consolidation ended. The earlier cycle showed a similar shift from sideways compression to sharp appreciation. The repeated alignment between OBV advances and price gains remains a central technical point, highlighting how sustained buying pressure has supported Dogecoin's upward path.
โจ This pattern is noteworthy because repeating technical structures can shape market sentiment and expectations around trend continuation. If DOGE keeps following the earlier cycle, the connection between OBV behavior and price expansion may reinforce confidence in the move's staying power. Still, any break from the historical pattern would highlight the uncertainty inherent in crypto technical setups and the potential for volatility even within broader uptrends.
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