Dogecoin (DOGE) Enters Third Market Cycle, April 14, 2025, Eyed as Potential Next Market Peak

Dogecoin has experienced notable price volatility in recent days, marking a 40% decline at the week's start before showing signs of recovery.

Dogecoin (CRYPTO: DOGE) has experienced a turbulent week with a 40% price drop at the beginning of the period, followed by signs of recovery. At the time of writing, the popular meme cryptocurrency trades at $0.2669, still showing a 20% loss over the past seven days.

This price movement has attracted the attention of market analysts who are studying historical patterns to understand potential future trajectories for DOGE. One key finding that emerges from the analysis of Dogecoin’s previous market cycles is a consistent pattern that spans approximately 1,442 days.

This cycle pattern has been observed throughout Dogecoin’s history, starting from its early days in 2013. During the first cycle, which took place between 2013 and 2018, DOGE price went through a 21,821% increase from its cycle low to peak, moving from around $0.00009 to breaking above $0.01 for the first time.

The second market cycle was even more impressive, with Dogecoin recording a 54,890% increase from its cycle low. This period coincided with the 2021 meme coin boom, which helped push DOGE to its current all-time high of $0.7316.

Technical analysis of the current market suggests that Dogecoin has entered its third major cycle. The starting point of the cycle is marked by the bear market low of $0.055 recorded in 2022, following the all-time high of 2021.

Recent market data shows interesting developments in Dogecoin’s Total Value Locked (TVL), which has increased from $4.24 million to $4.68 million. While modest, this growth indicates rising interest in the cryptocurrency.

The MVRV ratio, currently at 77.7%, provides additional insight into Dogecoin’s market position. This metric suggests that while DOGE is approaching its fair market value, it hasn’t reached overbought territory.

Technical indicators present a mixed picture of Dogecoin’s current state. The Relative Strength Index (RSI) stands at 40.96, indicating neutral market sentiment with limited buying momentum. This marks the first bullish divergence on the RSI daily chart in 2025.

The Directional Movement Index (DMI) reveals additional details about market momentum. Current readings show a positive Directional Index (+D) at 9.31 and a negative Directional Index (-D) at 33.24, with an Average Directional Index (ADX) of 24.53.

Price action shows Dogecoin consolidating within a descending wedge pattern. The cryptocurrency currently trades below its breached demand zone, although the bullish RSI divergence suggests potential upward movement.

Market observers note that maintaining support at $0.25 could be crucial for Dogecoin’s short-term price action. A breakout above this level might indicate stronger buying pressure.

Looking at longer-term projections based on the 1,442-day cycle theory, analysts suggest April 14, 2025, as a potential date for Dogecoin’s next market peak. This projection aligns with historical cycle lengths observed in previous market phases.

Current price movements show Dogecoin trading with a 1.1% increase over 24 hours, suggesting some stability after the recent decline. The cryptocurrency’s daily trading volume remains steady, indicating continued market interest.

The 24-hour price change of 2.23% demonstrates short-term price recovery, although traders remain cautious about market volatility. Support levels around $0.25 continue to play a crucial role in maintaining price stability.

Technical analysis suggests that for a sustained recovery, Dogecoin needs to maintain current support levels while attracting additional buying interest. The cryptocurrency’s price action in coming weeks will likely depend on broader market dynamics and investor sentiment.