Dogecoin

bullish

Read

Dogecoin has picked up a fresh bullish setup after Ali Martinez outlined three reasons he believes DOGE could be close to a rebound.
In a thread posted on October 16, Martinez pointed to a TD Sequential buy signal, a large on-chain cost-basis cluster near $0.081 and recent whale accumulation.
The entire thesis depends on one level: $0.081.
<h2 class="wp-block-heading" id="td-sequential-flashes-a-buy-signal">TD Sequential Flashes a Buy Signal</h2>
Martinez said <a href="https://tradingcenter.org/index.php/learn/technical-analysis/328-how-to-trade-td-sequential" rel="noopener noreferrer nofollow">the TD Sequential indicator </a>has produced a buy signal on Dogecoin’s daily chart near $0.081.
The indicator is commonly used to identify potential trend exhaustion and reversal points after extended directional moves.
<blockquote class="twitter-tweet">
 3 REASONS TO BE BULLISH ON DOGECOIN 1/6 <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f9f5.png" alt="🧵" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f447.png" alt="👇" style="height: 1em; max-height: 1em;">— Ali Charts (@alicharts) <a href="https://x.com/alicharts/status/2111066150503141539?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 16, 2026</a>
</blockquote>
A TD Sequential signal does not confirm a bottom on its own, but Martinez believes the location makes this one more interesting because it lines up with a large support zone.
<h2 class="wp-block-heading" id="36-billion-doge-were-traded-near-0-081">36 Billion DOGE Were Traded Near $0.081</h2>
URPD data shared by Martinez shows that roughly 36 billion DOGE were previously acquired around $0.081.
That makes the area important from a cost-basis perspective because a large amount of supply changed hands there.
If price returns to that zone, some holders may defend their entry levels, which can create support.
Martinez also cautioned that this does not guarantee buyers will hold the line.
Read also: <a href="https://captainaltcoin.com/dogecoin-market-depth-looks-much-weaker-than-traders-may-expect/" rel="noopener noreferrer nofollow">Dogecoin Market Depth Looks Much Weaker Than Traders May Expect</a>
<h2 class="wp-block-heading" id="whales-have-added-around-600-million-doge">Whales Have Added Around 600 Million DOGE</h2>
The third bullish factor is Dogecoin whale activity.
Martinez said large holders have accumulated about 600 million DOGE since October 12.
That adds another layer to the setup because whale buying is taking place close to the same area where the TD Sequential buy signal and the large cost-basis cluster are appearing.
The convergence of those three signals is what makes $0.081 important in his view.
<h2 class="wp-block-heading" id="how-high-could-dogecoin-go">How High Could Dogecoin Go?</h2>
If DOGE holds $0.081 and rebounds, Martinez is watching $0.16-$0.17 as a potential profit-taking zone.
That would be a very large move.
From $0.081 to $0.16, DOGE would need to rise about 97.5%. A move to $0.17 would equal roughly 110% upside.
The reason he expects resistance there is also tied to cost-basis data.
Around 12 billion DOGE were acquired near $0.16 and another 14 billion near $0.17, creating a large concentration of holders who may be willing to sell if price returns to those levels.
So the setup is clear: $0.081 is the support that keeps the bullish case alive, and $0.16-$0.17 is the first large upside zone.
If $0.081 fails decisively, the thesis weakens and lower support levels would need to be reassessed.
For more crypto news and price predictions,&nbsp;<a href="https://captainaltcoin.com/" rel="noopener noreferrer nofollow">click here</a>.
Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="2026 Crypto Card Ranking — Massive CHANGES Nobody Expected!" src="https://www.youtube.com/embed/gVOD-NjXLDo?feature=oembed" sandbox="allow-scripts allow-same-origin allow-popups allow-forms"></iframe>
 </div>
</figure>
The post <a href="https://captainaltcoin.com/dogecoin-price-prediction-analyst-gives-3-reasons-doge-could-rebound/" rel="noopener noreferrer nofollow">Dogecoin Price Prediction: Analyst Gives 3 Reasons DOGE Could Rebound</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

Dogecoin Price Prediction: Analyst Gives 3 Reasons DOGE Could Rebound

Table of Contents

CaptainAltcoin

Other articles published on Oct 16, 2026

Aster DEX vs. Hyperliquid: Why Does Everyone Compare The Two?

Can Stellar Really Help People Without Bank Accounts?

Bitget Got Hacked. Why Is THORChain on Trial?

"Vibe Coding" Meets the Internet Computer: A Plain-English Glossary for the AI App-Building Era

Why Have Nonprofits And NGOs Gravitated Toward Stellar’s Network?

What Makes Ondo Stocks Different From Other Tokenized Stocks?

Join our free newsletter for daily crypto updates!