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Dogecoin’s Repeating Cycle Structure Points to Potential Markup Phase Ahead

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Dogecoin is printing a consistent accumulation-markup-pullback cycle near $0.09, signaling structured price behavior.
  • Analysts note shallow pullbacks and tight consolidation zones that point to underlying demand supporting DOGE price.
  • A long-term MACD crossover is forming on macro timeframes, a signal that has historically preceded DOGE rallies.
  • The $0.05 support level remains critical, as a hold with MACD confirmation could trigger a broader bullish reversal.

Dogecoin is once again following a recurring cycle pattern that analysts say could fuel fresh rally expectations. The token has been trading near $0.09, where chart structures show a consistent sequence of accumulation, markup, and pullback phases.

Adding to the outlook, a long-term MACD signal is now forming on macro timeframes. These two developments are drawing close attention from traders watching for the next directional move in DOGE.

Recurring Accumulation Cycle Points to Potential Markup Phase

Dogecoin has been printing a recognizable cycle structure that technical analysts describe as methodical. Crypto analyst Bitcoinsensus recently outlined the pattern, noting three repeating phases: accumulation, markup, and pullback. The consistency of this structure across multiple cycles is what separates it from typical sideways price action.

Each accumulation phase begins with a contraction in volatility. Price trades within a tight range as buyers absorb available supply at lower levels. This compression phase tends to persist until a liquidity event triggers the next move upward.

The markup phase that follows is typically sharp and measured. Bitcoinsensus noted that these moves often begin with stop hunts, clearing out weak hands before price advances. Rather than forming a sustained trend, these bursts reflect structured participation, likely algorithmic in nature.

After each markup, Dogecoin enters a shallow pullback that respects prior breakout zones. These retracements hold above key support areas, reinforcing the presence of underlying demand. If the current consolidation near $0.09 maintains this structure, the next markup phase could be forming.

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MACD Signal on Macro Chart Strengthens Rally Expectations

Beyond the micro-cycle structure, a broader technical signal is now building on Dogecoin’s macro chart. Crypto Logic Lab flagged a developing MACD crossover forming on longer-term timeframes, not the daily, but higher macro charts. This type of signal has historically preceded sustained rallies in DOGE.

Bears are currently targeting the $0.05 level as a key zone to test before the crossover confirms. The strategy involves pushing price lower to shake out long positions and trigger stop losses. Both sides of the market are watching this level, making it the central battleground for this cycle.

Crypto Logic Lab noted that the MACD signal is forming ahead of any price breakout, which represents the optimal positioning window.

A hold at $0.05 combined with MACD confirmation would strengthen the case for a reversal and a broader rally. A breakdown below that level, however, would cancel the bullish setup entirely.

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The convergence of the recurring cycle pattern and the developing macro MACD signal gives rally expectations a stronger technical foundation.

Traders are watching for a breakout above the recent local high as confirmation. Until then, the $0.05 support zone remains the critical level to monitor for directional clarity.

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Crypto World

Lido DAO Mulls $20M LDO Buyback to Boost Token Price

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO. 

The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury for Lido DAO (LDO), arguing that LDO is undervalued.

“This is not a routine fluctuation. It represents one of the most significant dislocations between LDO’s market price and its underlying protocol fundamentals in the token’s history.”

A token buyback of this size could boost the price of the token, which has fallen roughly 96% from its all-time high. In November, a Lido DAO member pitched an automated buyback mechanism for LDO to improve the token’s price. However, that proposal hasn’t been implemented.

LDO’s change in price relative to ETH since 2024. Source: Lido DAO

Lido DAO pointed out that LDO is trading at a steep discount to Ether (ETH) at a ratio of 0.00016, roughly 63% below its two-year median.

This is despite the protocol holding the top spot of the Ethereum liquid staking market, with a 23.2% share of staked Ether, according to Dune Analytics data. The protocol’s dominance has even been flagged as a centralization risk to the network in previous years.

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Share of Ethereum network validators. Source: Dune Analytics

Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation 

LDO is currently trading at $0.30, down 95.9% from its $7.30 high set in August 2021, according to CoinGecko data. LDO’s $255 million market cap makes it the 141st largest token by value at the time of writing.

“That dislocation is not justified by a proportional deterioration in protocol performance,” Lido DAO said. 

Lido DAO proposes buying stETH in batches

Lido DAO proposed buying up to 10,000 stETH in smaller batches of 1,000 to buy LDO. 

Lido DAO said it would use limit orders or adopt a dollar-cost averaging strategy to avoid market volatility. 

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