Analyst Highlights Interesting Dogecoin Double Top Adam & Eve Pattern

Overview

Recent analyses have highlighted significant bearish patterns in Dogecoin’s price action, suggesting potential declines. Analysts have identified a double-top Adam and Eve pattern, along with other bearish setups, indicating a challenging market environment for Dogecoin.

Dogecoin’s Bearish Trends

Crypto analyst Tripy has pointed out the emergence of a double-top Adam and Eve pattern for Dogecoin, suggesting a possible price decline to a notable low. This classic pattern is often recognized for its implications in price movements, and analysts warn that while volatility may occur during breakdowns, such patterns tend to be reliable in their outcomes.

Accompanying this analysis, Tripy noted that both the MACD and trading volume are decreasing, which typically signals an impending sell-off for the asset. Despite the bearish outlook, Tripy anticipates that Dogecoin may recover from the suggested low price point.

In conjunction with this, another analyst, XAU, has indicated a bearish setup that could lead Dogecoin’s price down to a further low. XAU highlighted that Dogecoin is under significant bearish pressure, evidenced by multiple Breaks of Structure and Market Structure on the 3-hour timeframe. Following a brief period of consolidation, the price has continued to respect a descending trend, pointing to a lack of bullish momentum.

Additionally, Dogecoin’s price had previously attempted a minor upward correction towards a critical psychological level but failed to sustain that momentum. This failure raises concerns about a potential sharp drop, which XAU believes could confirm the continuation of an overarching bearish trend.

Broader Market Patterns

Another analyst, Trader Tardigrade, has noted that Dogecoin has recently reentered a broadening wedge pattern after a “Spring Action.” This pattern was last observed in 2024, prior to a significant price surge. Despite the current bearish signals, Trader Tardigrade remains optimistic, suggesting that Dogecoin could still rally to a much higher price point, potentially reaching new all-time highs.

In the short term, Trader Tardigrade indicated that Dogecoin has the potential to reclaim a previous resistance level, supported by technical indicators suggesting a breakout. This analysis presents a more nuanced view of Dogecoin’s price action, with the possibility of upward movement if certain levels are regained.

Impact on the crypto market

• Analysts have identified bearish patterns for Dogecoin, indicating a potential decline in price.
• The presence of a double-top Adam and Eve pattern suggests a significant sell-off could occur.
• Decreasing MACD and trading volume highlight a weakening market sentiment for Dogecoin.
• The overall bearish pressure raises concerns about the sustainability of any upward corrections.
• Despite bearish indicators, some analysts remain hopeful for potential price recoveries in the future.

Updated: 11/14/2025, 6:33:10 PM