Dogecoin, the leading meme coin, is showing signs of a significant rally in early 2026, bouncing back strongly after a challenging close to the previous year. On-chain data points to DOGE entering a crucial accumulation zone, potentially signaling the start of a sustained upward trend that could see its price reach new milestones.
DOGE Enters a Pivotal Accumulation Phase
Cryptocurrency analyst and Alphractal CEO Joāo Wedson highlights that Dogecoin has moved into its most vital accumulation phase. This assessment is based on recent shifts in the Cumulative Value Days Destroyed (CVDE) Channel, an on-chain metric tracking the movement of aged capital. The CVDE channel helps identify long-term support or resistance levels by analyzing the movement of coins that haven't been transacted in a while. Historically, lower blue CVDE levels have served as robust structural support, suggesting that Dogecoin's current position within this zone could precede a substantial price surge. This pattern implies that the current price level is a strong entry point for long-term holders.
Dogecoin's Bullish Outlook for 2026
Following a 24% surge since the start of the year, Dogecoin's price currently hovers around $0.1415, reflecting a more than 2% increase in the last 24 hours and over 15% in the past week. This "red-hot action" indicates strong bullish momentum for the meme coin. Analysts are observing that the broader altcoin market, including Dogecoin, is currently outperforming Bitcoin. This renewed bullish sentiment, combined with the strategic accumulation zone, further fuels expectations that 2026 could witness Dogecoin achieving new all-time highs. The consistent price bounce from historically significant blue CVDE levels reinforces confidence in Dogecoin's upward trajectory throughout the year.
