Dogecoin Price Making ‘Jump The Creek’ Structure: What it Means For Traders

Dogecoin Price Action: Navigating Market Cycles

Dogecoin price action has been analyzed through Wyckoff Logic, revealing the progression through the Wyckoff market cycle.

Accumulation and Mark Up

DOGE transitioned from the Accumulation phase, characterized by 'Jump The Creek' patterns, into the Mark Up phase. This phase witnessed price increases and heightened trading volumes, indicating growing market participation. Dogecoin experienced breakouts and retests at key resistance levels, confirming the strength of the uptrend.

Distribution and Mark Down

In 2025, Dogecoin entered the first wave of the Mark Up phase, marked by a price surge towards the upper resistance of the Accumulation phase. This was followed by consolidation, with the price appreciating rapidly and approaching a 'Blow-Off Top,' typical of the Mark Up phase culmination.

The subsequent Distribution phase could involve profit-taking by early buyers, potentially increasing supply over demand. This could lead to the Mark Down phase, where prices would decline, completing the cycle.

Technical Analysis

Dogecoin has rejected the daily 8 EMA, facing resistance despite attempts to breach the moving average. Higher highs on a 10-minute timeframe indicate an upward trend, while a trendline acting as support further influences price action. Market uncertainty is evident as the price oscillates between the EMA and trendline.

Liquidity Dynamics

Binance's DOGE/USDT Liquidation Heatmap shows significant liquidity on the long side, suggesting traders anticipate price increases. Accumulation of long positions implies continued support at higher leverage levels, potentially driving prices upward if sustained buying pressure exists.