Dogecoin Holds Mid-Channel in Third Wave Amid ETF Launches and Whale Shifts
The post Dogecoin Holds Mid-Channel in Third Wave Amid ETF Launches and Whale Shifts appeared on BitcoinEthereumNews.com.
Dogecoin’s long-term third wave positions it mid-channel at around $0.1526, with analysts monitoring ETF launches and whale movements for potential breakout signals in this ascending structure that began post-2021. Dogecoin remains trapped in the third-wave consolidation, holding rising highs and lows since 2014. Historical ascending waves show deviations shaping price behavior, including upper moves in 2019, 2024, and 2025. Grayscale GDOG ETF saw $1.41 million in initial volume, while Bitwise BWOW launches today amid mixed whale activity. Dogecoin third wave analysis reveals mid-channel hold at $0.1526, tracking ETF inflows and whale shifts for breakout cues. Discover key trends and market signals shaping DOGE’s future trajectory. What is Dogecoin’s Long-Term Third Wave Position? Dogecoin’s long-term third wave places it mid-channel within an ascending structure that originated in 2014, currently trading near $0.1526 as it awaits breakout confirmation. This wave, following peaks in 2021, maintains higher lows post-2022 retracement, with the upper boundary as primary resistance and the midline providing short-term support. Analysts like Ether Nasyonal highlight the ongoing consolidation phase dictating future trend direction. How Do Historical Ascending Waves Influence Dogecoin’s Current Trend? Dogecoin’s price history unfolds across three ascending waves since 2014, each building on rising highs and lows. The first wave spanned 2014 to 2019 in a lower channel, the second from 2019 to 2022 shifted higher, and the third post-2021 keeps it central. According to Ether Nasyonal’s analysis, monthly candles tighten ranges while preserving structure, with deviations like 2020’s lower touch and 2021’s strong surge above the channel underscoring volatility. Trader Tardigrade notes upper deviations in 2019, 2024, and 2025, alongside a 2026 lower one, reinforcing the pattern’s integrity. This setup, as observed in on-chain data, supports a bullish framework if the midline holds, though no breakout has materialized yet. $DOGE is still trapped within the third-wave deadlock.…
