Dogecoin Chart Mirrors Silver Breakout, Analyst Predicts $9+ Potential

Silver has recently experienced a significant breakout, rising from approximately $50 an ounce in mid-November to an all-time high above $83 before slightly decreasing. Currently, spot silver is near $76, marking a 181% increase year-to-date in 2025. This rally is driven by factors such as anticipated US monetary policy changes, strong demand, supply shortfalls, and its new designation as a US "critical mineral."

The ‘Silver Fractal’ Pitch for Dogecoin

Cantonese Cat, an analyst, suggests that Dogecoin's recent chart resembles silver's structure from a few weeks ago.
The shared DOGE chart indicates a potential long-term upward trend if the pattern holds.
The proposed cycle predicts a bottom followed by several green candles over about four years, with only one red candle expected in the first half of 2027.
If the pattern mirrors silver exactly, the peak could occur in the latter half of 2029, with a potential price above $11.

Wave Framework Integration

Cantonese Cat's previous analysis on Dec. 20 outlines a DOGE roadmap on the weekly chart.
The analysis describes the prior advance as "Wave 1" and the decline as "Wave 2," suggesting an upcoming wave 3 explosion.
The current DOGE price is around $0.13160, with retracement levels mapped out at various intervals, including resistance at 0.5 ($0.15422) and extensions up to 2.272 ($8.90771).
The extensions are relevant only if DOGE completes the corrective phase and surpasses its previous high.