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Dogecoin Surges 24% in 2026 Amid Accumulation Zone Signals
The altcoin market, led by Dogecoin, is showing significant growth at the start of 2026. Dogecoin has surged nearly 24% since the year began.
- Recent on-chain data indicate Dogecoin's price is in a critical region, potentially marking the beginning of an extended upward trend.
- Joao Wedson, CEO of Alphractal, noted that Dogecoin has entered an important accumulation zone, as observed through the CVDD (Cumulative Value Days Destroyed) Channel.
- The CVDD Channel tracks aged capital movements and highlights long-term support or resistance zones.
- Fibonacci-based levels on the CVDD curve create historical value zones, with blue lines acting as strong structural support for Dogecoin's price.
Dogecoin's recent rise to around $0.15 came after bouncing from a significant support level, historically proving to be a good cushion for its price.
- Current price: Approximately $0.1415, reflecting over a 2% increase in the last 24 hours and more than a 15% rise in the past week.
- The altcoin market is expected to outperform Bitcoin in 2026, suggesting potential new highs for Dogecoin this year.