Dogecoin (DOGE) Price: Historic Triangle Pattern Signals Potential $2.4 Rally Ahead

Key Takeaways Crypto analyst Trader Tardigrade has spotted a recurring descending triangle formation on Dogecoin’s monthly timeframe—the same setup that preceded explosive rallies in 2017 and 2021 The meme coin is currently priced at approximately $0.097, experiencing a modest decline of around 1% during the last 24 hours Network hashrate reached an unprecedented peak of approximately 2.9 PH/s on April 27, 2026 Blockchain transaction volume hovers around $800 million, while daily trading activity registers $2.08 billion The Relative Strength Index stands at 58.03—indicating moderate bullish pressure without a definitive trend reversal confirmation Dogecoin currently trades near $0.097, commanding a market capitalization of $15.24 billion alongside a 24-hour trading volume totaling $2.08 billion. The cryptocurrency has experienced approximately 1% depreciation in the previous day’s trading session. Dogecoin (DOGE) Price While immediate price movement remains subdued, a specific technical formation has captured the interest of market analysts. Trader Tardigrade, a prominent cryptocurrency analyst, has published research highlighting a descending triangle structure visible on DOGE’s monthly timeframe. This formation has consistently materialized during the conclusion of significant market cycles dating back to 2014. The analyst notes that Dogecoin has now returned to the triangle’s apex for the third occurrence in its trading history—mirroring the exact positioning observed prior to the substantial 2017 and 2021 price surges. Should this pattern execute similarly, Trader Tardigrade forecasts a price objective of $2.4. $Doge/monthly When #Dogecoin comes back to the tip of the triangle, it doesn't ask permission. 2017: Triangle tip Massive rally2020: Triangle tip Massive rally2026: Triangle tip ? The pattern has repeated twice. Both times, $DOGE compressed into a tight apex,… pic.twitter.com/uQN9G00opt — Trader Tardigrade (@TATrader_Alan) April 25, 2026 During 2017, p...