Dogecoin New ATH Attempt Projected for Late 2028
A fractal pattern borrowed from XRP's 2021 bull cycle suggests Dogecoin will consolidate through 2026 and 2027 before major acceleration, with the new all-time high attempt likely in a late-2028 window.
Key Takeaway
Multi-year consolidation ahead means DOGE holders face two more years of sideways action before expansion.
Analyst Charting Guy projects Dogecoin won't attempt a new all-time high until mid-2028, following a fractal pattern borrowed from XRP's 2021 bull cycle.
His May 4 chart update shows DOGE trading at $0.11188 after creating the fractal at $0.107. The analysis maps Dogecoin's compression phase against XRP's historical structure, with the 2021 blow-off top at $0.7605 marked as the 1.0 Fibonacci level. Charting Guy said the worst of DOGE's correction is over if this fractal holds.
The chart identifies eight Fibonacci waypoints between the current price and the prior peak: $0.107, $0.139, $0.193, $0.267, $0.336, $0.423, $0.559, and back to $0.7605. DOGE will work through consolidation across the remainder of 2026 and through 2027 under this model. Major acceleration won't occur until after mid-2028, with the new all-time high attempt likely in a late-2028 window.
Charting Guy disputed one commenter's interpretation of a ₱246 ($4) DOGE target, clarifying the chart does not imply that price level. The fractal does show Fibonacci extension levels above the prior high at $1.451, $1.607, $2.362, and $4.130, though those represent potential targets only if DOGE clears its previous peak.
Analyst Tony Severino first applied the XRP fractal concept to Dogecoin in October 2024, noting strong correlation between both charts. DOGE's 160% November surge took it to the 0.786 Fibonacci level at $0.4198, peaking at $0.4846 in December. The asset has since retraced over 32% from January 1, 2025—the worst performance in the top 15 cryptocurrencies by market cap alongside Avalanche.
Whale accumulation of 160M DOGE occurred during the recent compression phase, according to Charting Guy's analysis mapped on Binance's weekly chart.
This article was written based on reporting from NewsBTC.
