Is this the DOGE bottom? Dogecoin is flashing bullish signals

Dogecoin reaches Wyckoff Spring phase with MACD bullish cross formation. Analysts are aiming for a target of $5 by 2026 if the historical cycle repeats itself.

Dogecoin enters Wyckoff’s spring phase

Analyst Trader Tardigrade has placed Dogecoin in Phase C of the Wyckoff Accumulation model, known as the Spring. This phase often marks the final push of support before a potential reversal begins. DOGE made a new low in the range of $0.13–$0.14, which matches the expected move at this stage.

$Doge/3 days#Dogecoin

✍️ Wyckoff Accumulation – Phase C – Spring ✍️ pic.twitter.com/SRez4cHN1a

— Trader Tardigrade (@TATrader_Alan) December 2, 2025

The purpose of this step is to test the support and remove short-term holders. If the setup holds, the price may enter phase D where it starts moving higher within the range.

Also the same analyst be to a bullish crossover on the 3-day MACD. This signal has already appeared twice this year – in April and July – both times followed by an upward price movement. A third cross will now appear, with the MACD line moving above the signal line.

Every previous crossover led to a clear price reaction. If the same response follows, buyers can intervene again. This indicator is often used to track changes in momentum over the short to medium term.

Market cycle chart supports accumulation view

A separate long-term chart from analyst Bark shows Dogecoin in its third major market cycle. Every previous cycle included a correction, followed by accumulation and then a breakout. The current range between $0.05 and $0.20 will persist since 2022.

You might also like:

The chart predicts a possible increase towards $5 in 2026. This estimate is based on past cycle growth, although current conditions may differ.

“If history repeats itself, the jump will be huge,” Bark said.

Mixed signals from on-chain and ETF activity

Wallet data shows mixed activity. If CryptoPotato Holders of 10 million to 100 million DOGE have reportedly reduced their positions by approximately 7 billion coins in recent weeks. Whale activity is now at its lowest point in two months, shift focus on technical setups.

In the ETF market, new Dogecoin funds in the US had a quiet launch. Trading volume around the ETFs remains low. However, DOGE showed some recovery after hitting an intraday low of $0.132, with late session buying reversing the earlier decline.