DOGE Prints a Textbook Accumulation Cylinder As BTC Dominance Seems to Be Topping Out

Pioneer memecoin DOGE prints a textbook accumulation cylinder

The altcoin seems ready to pump as BTC Dominance readies to top off

Altcoin Dogecoin could hit much higher ATH prices soon.

Altcoins continue to gain attention as the first month of Q2 2025 comes to an end. Analysts are eagerly waiting for the arrival of this ongoing bull cycle’s altseason peak phase where promising altcoins are expected to pump bullishly. For instance, DOGE prints a textbook accumulation cylinder hinting that Dogecoin price could pump parabolically in the coming days ahead

DOGE Prints a Textbook Accumulation Cylinder

Many altcoins have been showing strong bullish signals since 2023 as seasoned and reputed analysts have been tracking the progress of these altcoins since before the Bitcoin Halving event of 2024. The crypto market was expected to usher in the peak of this bull cycle’s altseason in Q1 of 2025, as in every bull cycle so far, the altseason peak phase has always occurred in Q1 of the year following the Bitcoin Halving event

However, this bull cycle seems to be different from the rest. To highlight, Q1 of the year following the Bitcoin Halving event did not usher in the altseason peak phase. Instead, Q1 of 2025 saw a brutal crypto market dip led by a massive BTC price drop. This, many analysts agreed, was a much-needed market correction that ensured the arrival of the current healthy market. Analysts concluded that since Bitcoin pumped so hard so fast this bull cycle, the correction phase was needed, and now with it completed, altcoins are ready to flourish

DOGE Prepares for Next Bullish Pump

Despite high expectations for many altcoins to pump in the coming months ahead, analysts still believe that a trigger event is necessary for altcoin prices to finally pump. This trigger is expected to be a price pump for Ethereum (ETH). In fact, most analysts are certain that ETH setting a new ATH price will act as a trigger for altseason’s peak phase to arrive While some altcoins like SUI, ONDO, and FET have already set new ATHs earlier this bull cycle, analysts are certain that greater ATHs will be met soon

One such altcoins that’s showing highly bullish signals for a massive pump this coming altseason pump phase is the pioneer altcoin Dogecoin (DOGE). As we can see from the post above, this analyst confirms how DOGE prints a textbook accumulation cylinder on its price chart. According to this pattern, the analyst concludes that a giant price pump is all but guaranteed over the next few months

In addition, the analyst goes on to add that he is unclear what the catalyst will be to trigger this bull DOGE price pump action. Despite that, the analyst is sure that something interesting will happen with DOGE price, especially since BTC Dominance also seems ready to top off soon, meaning Bitcoin will open the path for altcoins to pump exponentially