Dogecoin (DOGE) Price Prediction: Reflection of the 154-Day Range-Bound Phase May Lead to a New ATH

Dogecoin is trading at $0.1564, and its recent price action caught the eye of crypto analyst Master Kenobi.

Dogecoin price has been trading sideways and recently caught the eye of crypto analyst Master Kenobi, known for his time-frame analysis.

In a recent X post, the analyst broke down how Dogecoin is halfway through replicating a well-known pattern.

The pattern begins with 154 days of range-bound action, followed by a 100-day uptrend to a local top.

In this new cycle, the time frame is compressed, with the bullish momentum only lasting 50 days.

The post divides the price action into two critical time frames:

The red box indicates the past downtrend of 154 days, and the green box replicates that length of time as per the current cycle.

Interestingly, we are now 77 days into the green box. There is a probable rally waiting to be sparked at any moment, paving the way for a new all-time high (ATH) for Dogecoin before the 50-day bullish window passes, though breaking above $1 is questionable.

Kenobi's analysis relies on historical similarity as well as an apparent shift in momentum. There is a yellow marker in the chart indicating DOGE’s current location as a potential swing point. It is a textbook consolidation-accumulation pattern typical of setups for strong moves.

RSI Reversal Hints at Potential Dogecoin RallyA key consideration for the prediction is the Relative Strength Index (RSI) pattern. The last 154-day interval had RSI readings staying within bearish levels, a pattern now indicating a possible reversal.

Since the RSI is slowly rising back from oversold levels, it is indicating fresh buying interest. This fits into the current green-box stage potentially paving the way for a big rally.

The analyst Kenobi indicates that the earlier rally from low to peak took 100 days. Now, he is speculating that the same price action can occur sooner, compressed within 50 days.

The notion, though ambitious, is not unfounded. RSI trends as well as past price action often converge when sentiment suddenly changes within the altcoin market.

Altcoin Synchronization Points Toward Late May RallyKenobi emphasizes that one chart can’t express the overall crypto market universe. His larger thesis entails synchronized compression cycles among several assets, such as DOGE and BNB. This correlated action reflects the possibility of coordinated altcoin breakouts, potentially led by seasonal or macroeconomic trends.

Referring back to past threads, including the one titled “May is November”, he postulates that May 2025 might resemble past November bull runs. In the event of such a timeline, DOGE might soon emerge from its current consolidation phase and make another ATH push.

Though there are uncertainties, particularly for breaking beyond the $1 mark, Kenobi's chart-supported analysis offers a detailed model for traders observing the next 50 days carefully.

News data source: kdj.com

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