Silver has staged a historic, late-December breakout, surging from roughly $50 an ounce in mid-November to an intraday all-time high above $83, before easing slightly as traders took profits. Will Dogecoin follow its lead?
At press time, spot silver was holding near $76 after pulling back from the earlier record high of $83.62, with the metal up roughly 181% year-to-date in 2025, an outsized move for the precious-metal. The rally is attributed to a mix of macro and market-structure drivers including expectations for easier US monetary policy in 2026, strong industrial and investment demand, persistent supply shortfalls, and silver’s recent designation as a US “critical mineral,” which added a policy-sensitive supply narrative to an already tight market.
The ‘Silver Fractal’ Pitch For Dogecoin
That silver move is now being used as a visual analog in crypto. X analyst Cantonese Cat (@cantonmeow) posted a side-by-side TradingView comparison suggesting Dogecoin’s 6-month chart resembles silver’s 3-day structure from three weeks ago, implying DOGE could be positioned for a similarly persistent advance if the fractal holds.
In the shared DOGE 6-month panel, Cantonese Cat shows a large selloff candle and frames it as a potential cyclical low. Based on the silver comparison, the interpretation is not “DOGE pumps next week,” but “DOGE trends for years.”
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In the proposed fractal path, the current 6-month candle would mark the bottom, followed by eight additional 6-month candles spanning roughly four years where seven are green and only one is red. The lone red candle is mapped as the third in the sequence, implying the first half of 2027 could be a down half-year even within an overarching uptrend.
If the pattern were to track silver “exactly,” the projected cycle peak would land in the second half of 2029, with a peak price “above $11” in that window.
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How It Fits His Earlier Wave Framework
The comparison 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 market for DOGE, with my working hypothesis of this being likely a wave 2 correction prior to wave 3 explosion,” the analyst wrote. The accompanying weekly DOGE chart labels the prior advance as “Wave 1” and the subsequent decline as “Wave 2,” with a descending trendline drawn across the multi-year structure.
The Dec. 20 weekly snapshot shows DOGE around $0.13160 with retracement levels including 0.382 at about $0.11771, and 0.236 at about $0.08427, with the base (“0”) around $0.04909. Above the current price, the analysis maps 0.5 at about $0.15422 as the next resistance, followed 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, before the 1.0 level near $0.48442.
Above the prior high, the same map plots extension targets often used in Elliott Wave projection frameworks, labeled near 1.272 ($0.90288), 1.414 ($1.24968), 1.618 ($1.99344), 2 ($4.77927), and 2.272 ($8.90771). The implication is conditional: the extensions matter only if DOGE completes the corrective phase and reclaims the prior impulse high.
At press time, DOGE traded at $
Featured image created with DALL.E, chart from TradingView.com
