---
title: "Dogecoin Price About To Complete 4th Falling Wedge Breakout Of The Cycle Toward $1"
url: https://diffcoin.com/dogecoin-price-about-to-complete-4th-falling-wedge-breakout-of-the-cycle-toward-1/
description: "According to Trader Tardigrade on X, Dogecoin is set to breakout of its fourth Falling Wedge pattern, signaling the potential of a surge above $1."
published: 2025-02-26
updated: 2025-02-26
author: "Mila"
site: "Diffcoin"
---

# Dogecoin Price About To Complete 4th Falling Wedge Breakout Of The Cycle Toward $1

The Dogecoin price could be gearing up for an explosive rally to $1 as technical indicators suggest the meme coin is about to complete its fourth Falling Wedge pattern. A crypto analyst reveals that past breakouts from similar formations have led to strong price rallies, with the highest gain of 445% recorded in previous cycles.

## Falling Wedge Signals Major Breakout For Dogecoin Price

According to Trader Tardigrade on X (formerly Twitter), Dogecoin is set to breakout of its fourth Falling Wedge pattern, signaling the potential of a surge above $1. The analyst presented a technical analysis of the Dogecoin price, using past Falling Wedges and historical price action to support his bullish outlook.

For more clarity, a Falling Wedge is a bullish technical pattern that often signals a potential trend reversal. It forms when a cryptocurrency’s price action creates two downward converging trendlines, signifying a period of consolidation during a downtrend, with the expectation of a price breakout or an uptrend continuation.

Based on the analyst’s chart, the Falling Wedge has historically signaled strong bullish momentum for Dogecoin, with each breakout triggering a price rally that surpassed the last. After a breakout from the Falling Wedge in November 2023, the meme coin performed exceptionally, recording an 88% gain that pushed it to the $0.11 price high.

![Dogecoin](https://bitcoinist.com/wp-content/uploads/2025/02/Dogecoin-chart-from-Trader-Tardigrade-6.jpg?w=512&resize=512%2C392)

DOGE eyes breakout to new all-time highs | Source: Trader Tardigrade on X

Similarly, in March 2024, Dogecoin broke out of its second Falling Wedge and initiated a rapid 208% price rally to new highs. At the time, the cryptocurrency hit a peak of between $0.22 and $0.25. In November, which marked the meme coin’s third Falling Wedge breakout, Dogecoin experienced a price surge, jumping by 445%, to reach $0.4.

Based on these historic bullish trends, Trader Tardigrade predicts that DOGE could mirror a similar Falling Wedge break-out pattern, potentially triggering a powerful price surge to $1.5. This would represent a 650% increase from its current price of $0.2, in line with past Falling Wedge breakouts that have consistently fueled higher gains.

## Analyst Says DOGE 2025 Bull Run Incoming

In another more recent X post, Trader Tardigrade highlighted that Dogecoin is experiencing downward pressure, which has caused its price to plummet by 57%. However, according to the analyst‘s report, this crash isn’t a cause for alarm, as Dogecoin has historically rebounded swiftly after experiencing similar declines of over 55% in previous bull cycles.

During the 2017 and 2020 bull cycles, DOGE experienced a 60% and 56% decline, respectively. After retesting a key level in both cycles, the cryptocurrency underwent a rapid price rally to new highs. Based on this trend, Trader Tardigrade predicts that once Dogecoin reaches a similar retest level, a massive bull run could be imminent.

![Dogecoin](https://www.tradingview.com/x/3vyuRocf/)

DOGE trading at $0.20 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

[Source link](https://bitcoinist.com/dogecoin-falling-wedge-breakout/)