Dogecoin at a crossroads: the triangle will determine the next move

Anon4461 · 2026-01-13T09:38:14+00:00

Dogecoin is currently at a critical juncture after breaking a triangle pattern on the H4 timeframe. Despite a recent price drop below $0.123, it stabilized at $0.14 with a 2.24% gain over 24 hours. Experts warn of potential further declines without strong bullish momentum, while a bounce back could test higher levels if market conditions shift.

Anon4461

2026-01-13 09:38:14

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Dogecoin is currently experiencing a critical period marked by a breakout from a triangle pattern on the H4 timeframe. Although the price has retreated below $0.123, the latest data shows some stabilization at $0.14 with a 2.24% gain over 24 hours, indicating extreme volatility and strong market indecision.

Technical Significance of the Triangle Pattern

The formation of the symmetrical triangle represents a decisive crossroads for Dogecoin’s trajectory. A downward breakout from the triangle could trigger a 15% correction, lowering the price toward the critical zone of $0.10 to $0.11. Experts emphasize that without the intervention of a robust bullish dynamic, support levels at $0.096 and even $0.08 could be tested in the coming weeks.

Scenarios and Points of Attention

The first hypothesis remains bearish: if selling pressure persists after the triangle breakout, Dogecoin could break through its successive support levels. However, analysts do not rule out a rebound to the levels observed at the end of November, which could serve as a launchpad for a recovery up to $0.18.

The current price at $0.14 lies between these two scenarios, leaving traders waiting for a decisive signal. The technical triangle thus acts as a barometer: a clear breakout in either direction will determine whether Dogecoin will continue its decline or initiate a rebound.

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