u.today
Dogecoin ($DOGE), probably the most popular meme coin, is once again testing what analyst Ali Martinez called a "historical buy zone." This is the same ascending range that has preceded every major upward cycle in $DOGE's price history, including the crazy 2017 and 2021 breakouts.
The latest weekly figures suggest that $DOGE is sitting just above $0.20, right on the lower boundary of a well-established parallel channel that has been around since 2015.
This zone has only been touched a few times in the last 10 years, but each time it has been the start of a big upward move — like a 9,237% rally in 2017, followed by a 13,337% breakout in 2021. In both cases, Dogecoin briefly stabilized near the bottom of the channel before shooting up to the top.
Dogecoin $DOGE is trading within a historically strong buy zone, which has repeatedly triggered major bull runs in past cycles! pic.twitter.com/oYZF8BVKmE
— Ali (@ali_charts) August 7, 2025
What is interesting is that the structure has not changed. Even though the crypto market has been all over the place and the narratives have been changing, $DOGE has been holding this rising channel for over 10 years.
The latest touch — now the fourth since early 2023 — comes after a 243% rally earlier this cycle, also triggered from the same support region.
Resistance for $DOGE
It looks like the resistance is still at $0.34 to $0.45, which is where the previous rallies lost momentum. But $DOGE's current positioning suggests a good risk-to-reward ratio for those watching the big picture rather than daily headlines.
Historically, every time the market has tested this lower band, it has always moved in a new direction.
The next few weeks will be important to see if the trend keeps going and if $DOGE can build on this. With the market getting more liquid and money moving into older altcoins, Dogecoin might be about to enter a phase it is familiar with — one that usually does not stay quiet for long.