Dogecoin Mirrors Silver’s Breakout, Analyst Flags $9+ Scenario
Silver has staged a historic, late-December breakout, surging from roughly $50 an oz in mid-November to an intraday all-time excessive above $83, earlier than easing barely as merchants took income. Will Dogecoin comply with its lead?
At press time, spot silver was holding close to $76 after pulling again from the sooner report excessive of $83.62, with the metallic up roughly 181% year-to-date in 2025, an outsized transfer for the precious-metal. The rally is attributed to a mixture of macro and market-structure drivers together with expectations for simpler US financial coverage in 2026, robust industrial and funding demand, persistent provide shortfalls, and silver’s current designation as a US “crucial mineral,” which added a policy-sensitive provide narrative to an already tight market.
The ‘Silver Fractal’ Pitch For Dogecoin
That silver transfer is now getting used as a visible analog in crypto. X analyst Cantonese Cat (@cantonmeow) posted a side-by-side TradingView comparability suggesting Dogecoin’s 6-month chart resembles silver’s 3-day construction from three weeks in the past, implying DOGE may very well be positioned for a equally persistent advance if the fractal holds.
Within the shared DOGE 6-month panel, Cantonese Cat exhibits a big selloff candle and frames it as a possible cyclical low. Based mostly on the silver comparability, the interpretation isn’t “DOGE pumps subsequent week,” however “DOGE tendencies for years.”
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Within the proposed fractal path, the present 6-month candle would mark the underside, adopted by eight extra 6-month candles spanning roughly 4 years the place seven are inexperienced and just one is pink. The lone pink candle is mapped because the third within the sequence, implying the primary half of 2027 may very well be a down half-year even inside an overarching uptrend.
If the sample had been to trace silver “precisely,” the projected cycle peak would land within the second half of 2029, with a peak value “above $11” in that window.
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How It Suits His Earlier Wave Framework
The comparability follows Cantonese Cat’s earlier Dec. 20 post outlining a longer-horizon DOGE roadmap on the weekly chart. “We’ve already had a 13 month bear marketplace for DOGE, with my working speculation of this being probably a wave 2 correction previous to wave 3 explosion,” the analyst wrote. The accompanying weekly DOGE chart labels the prior advance as “Wave 1” and the next decline as “Wave 2,” with a descending trendline drawn throughout the multi-year construction.
The Dec. 20 weekly snapshot exhibits DOGE round $0.13160 with retracement ranges together with 0.382 at about $0.11771, and 0.236 at about $0.08427, with the bottom (“0”) round $0.04909. Above the present value, the evaluation maps 0.5 at about $0.15422 as the subsequent resistance, adopted by 0.618 at about $0.20205, 0.707 at about $0.24770, 0.786 at about $0.29681, and 0.886 at about $0.37315, earlier than the 1.0 stage close to $0.48442.
Above the prior excessive, the identical map plots extension targets typically utilized in Elliott Wave projection frameworks, labeled close to 1.272 ($0.90288), 1.414 ($1.24968), 1.618 ($1.99344), 2 ($4.77927), and a couple of.272 ($8.90771). The implication is conditional: the extensions matter provided that DOGE completes the corrective section and reclaims the prior impulse excessive.
At press time, DOGE traded at $
Featured picture created with DALL.E, chart from TradingView.com
