Dogecoin Price

Dogecoin Price Creates ‘Jump the Creek’ Structure: What It Means for Traders

Dogecoin’s price chart showed behavior through Wyckoff logic analysis, highlighting the progression through the Wyckoff market cycle.

DOGE has gone through an accumulation phase, marked by ‘Jump The Creek’ patterns, signaling the transition to the marking phase.

This phase was characterized by rising prices and higher trading volume, indicating growing trader interest and market participation.

Dogecoin experienced a breakout and retest of key resistance levels, confirming the strength of the uptrend.

This breakout and retest phase acted as a confirmation of market strength, usually followed by short-term profit-taking before further upward moves.

Dogecoin price action to go crazy?

In 2025, the price of Dogecoin successfully entered the first wave of the Mark Up phase. This was shown by a significant rise in price towards the upper resistance of the accumulation phase, followed by consolidation.

DOGE/USD 2-Week Chart | Source: Trader Tardigrade/X
DOGE/USD 2-Week Chart | Source: Trader Tardigrade/X

The price rose sharply, heralding the approach of the ‘Blow-Off Top’, a phase marked by a rapid and sudden rise in price, typical of the culmination of a bullish phase.

After that, the expected distribution phase could include a sell-off by early buyers at a profit, leading to a potential increase in supply relative to demand.

This shift could trigger a price reduction phase, where prices would decrease, completing the cycle.

During these phases, Dogecoin exhibited typical Wyckoff behaviors — each phase served as a trigger for a subsequent effect, driving the cyclical nature of market dynamics.

As the cycle continued, these patterns provided critical insights into potential future price movements and trader behavior, highlighting the importance of understanding market structures in predicting future trends.

DOGA price reaction on the daily 8EMA

However, DOGE rejected the daily 8 EMA. This was evident as the price tried to break through this exponential moving average but met with resistance.

During this period, the DOGE showed a series of higher highs on the 10-minute time frame, signaling an uptrend that was struggling to maintain momentum at higher levels.

The trend line, acting as support, further framed the price action. Each touch of the trend line prompted a temporary recovery, but the price continued to test the 8 EMA without breaking, indicating a bearish consolidation phase.

This movement between the EMA and the trend line indicates market uncertainty.

DOGE/USDT 10 Minute Chart | Source: Trading View
DOGE/USDT 10 Minute Chart | Source: Trading View

Namely, the daily 8 EMA served as a critical point for potential reversals. This pattern could predict a potential downside unless Dogecoin price establishes a clear breakout above the 8 EMA.

If the trendline support is broken, this could lead to further declines, highlighting the importance of these technical indicators in assessing future price movements.

Liquidity Oscillations on Dogecoin

Binance’s DOGE/USDT Liquidation Heatmap showed a significant turnaround in liquidity, primarily concentrated on the long side as traders anticipated upward movements in the price of Dogecoin.

DOGE fluctuated between $0.30 and $0.34, highlighting significant trading activity. The densest area, $0.30, of liquidation leverage indicates concentrated points where traders face liquidations.

Heat map of DOGE liquidation | Source: Coinglass
Heat map of DOGE liquidation | Source: Coinglass

This price behavior suggests bullish sentiment among Dogecoin traders, who continued to support the price at higher leverage levels despite facing liquidation risks.

These patterns implied continued interest in holding long positions, anticipating that the price could rise further.

This accumulation of long positions could potentially push the price higher if sustained buying pressure prevails.

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