Is Now the Best Time to Buy Dogecoin (DOGE)? Major Rally May Be Coming

Is Dogecoin about to repeat history once more? Ali,a crypto analyst, shared a fresh analysis showing DOGE still sitting in a buy zone. His chart shows a pattern that has quietly played out for nearly a decade and could now be signaling the next explosive move.

Ali’s chart maps Dogecoin price action within a long-term ascending channel. What stands out is the way DOGE has consistently respected this structure, forming higher highs and higher lows since 2015. Each time the price touched the lower boundary of the channel, it staged a breakout that carried it toward the upper boundary.

The clearest examples were in 2017 and 2021. In 2017, DOGE surged more than 20x after bouncing from the channel’s base. In 2021, it delivered a 13,000% run to $0.73 after breaking out again. These moves were not random spikes but rather repeated reactions to the same technical levels.

Now, once again, Dogecoin price has touched the lower side of the channel and started moving upward. The repeating nature of this setup is why Ali calls it a buy zone.

@ali_charts / X Why the Current DOGE Price Matters

At the time of his chart, DOGE price was hovering around $0.26. This sits comfortably above the shaded support zone that has historically marked the launchpad for rallies. Ali points to this as an early sign that momentum is shifting upward.

The logic is straightforward. As long as DOGE continues to respect its higher lows, the next logical move would be toward the upper boundary of the channel. That upper line now sits well above $10. While no one can guarantee the path Dogecoin will take, the pattern offers a roadmap that has held for nearly a decade.

Historical Context Shows What Could Be Next

Looking back, each cycle saw DOGE consolidate for a period, frustrate traders with sideways action, then deliver a sudden breakout that shocked the market. The run from fractions of a penny to over $0.70 in 2021 is the best reminder of how fast DOGE can move when the setup aligns.

Ali’s chart suggests that the structure is still intact. If history repeats, the next rally could dwarf past ones in dollar terms simply because the channel now projects targets far higher than ever before.

This reminds some analysts of how Solana looked in its early days, when a persistent uptrend channel guided it from $1 to over $200. The difference is that Dogecoin has been following its own channel for much longer, adding weight to its reliability.

Charts and technicals are one part of the story. Dogecoin also has something few other coins can replicate: cultural staying power. It started as a meme in 2013 but became one of the most recognized names in crypto. The fact that it is still here, forming reliable price structures while other projects have faded, speaks to its resilience.

This blend of strong technical structure and community-driven energy is why many keep watching DOGE closely. Every time it gets written off as a joke, it finds a way to return with a move that grabs headlines again.

Could the Next Top Really Be $10?

Ali’s chart projects the upper boundary of the channel far above current prices, with the next potential peak around $10. From $0.26, that would represent a staggering move.

Read Also: Google Trends Signals Renewed Interest in Shiba Inu: How High Can SHIB Price Go Next?

Skeptics may argue that $10 sounds unrealistic, but so did $1 back when DOGE traded under a cent. What matters is that the structure of higher highs and higher lows has not been broken. Until that changes, the channel remains a valid map for where Dogecoin price could head.

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