Dogecoin Could Eclipse $1 Mark This Bull Run, Predicts Analyst

In a technical analysis, noted crypto analyst Big Mike (@Michael_EWpro), has revealed a bullish forecast for Dogecoin (DOGE) that suggests the meme coin could surpass the $1 threshold in this bull cycle. The Dogecoin price prediction is rooted in the Elliott Wave theory, and is further reinforced by a robust set of technical indicators that underscore the coin’s strong upward potential. Dogecoin Could Peak Above $1 In 2025 The weekly chart (DOGE/USDT) highlights Dogecoin’s previous market performance, where it completed a 5-wave Elliott Wave pattern during the last significant bull run. This pattern saw the price of Dogecoin escalate to just above $0.70. Following this surge, the market entered a corrective phase characterized by a WXY patterna complex Elliott Wave correction structure that typically consists of three distinct price movements. This corrective phase marked a period of consolidation and retraction in Dogecoins price trajectory following its peak. Related Reading: Dogecoin To The Moon? Crypto Analyst Predicts 440% Price Increase Since late 2023, according to Big Mike’s analysis, Dogecoin has embarked on a new 5-wave pattern. This nascent formation is anticipated to drive the Dogecoin price significantly higher than its previous highs. The first wave propelled the DOGE price to a peak just shy of $0.23. Following this, the second wave commenced, resulting in a retracement that pulled the price down to as low as $0.1140. The analysis indicates that Dogecoin is currently in the initial stages of the third wave of this Elliott Wave pattern. Traditionally, the third wave is the most dynamic and typically extends the furthest, especially within a strong bullish context. Notably, Big Mike highlights the existence of an ascending channel starting from the onset of wave 1 further corroborates the bullish sentiment maintained in this analysis. This channel maps out the potential pathway that Dogecoin might follow as it aims for new highs. The wave 3 could peak at the upper trendline of the channel, at around $0.60. Related Reading: Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52% Wave 4 could potentially pull the Dogecoin price back to the lower boundary of the ascending channel, approximately around $0.25. This retracement would set the stage for Wave 5, the climactic phase of the Dogecoin bull run, which is projected to propel DOGE above the $1 mark, coinciding with the upper resistance line of the channel. The chart carefully marks critical Fibonacci extension levels which are drawn from the beginning to the peak of the last bull run. that are expected to play pivotal roles in determining future price points during this bull run. The first notable Fibonacci extension at 2.618 is positioned at approximately $0.14591, serving as an intermediate station within the bull cycle. The 3.618 extension at $0.68835 serves as an intermediary target for the final fifth wave. The Volume Profile Visible Range (VPVR) on the chart reveals that the current price zone has a high concentration of traded volume, suggesting it acts as a robust foundation for the current price level. The absence of significant volume above this area hints at minimal resistance, which could allow for an accelerated price climb once Dogecoin breaks above existing resistance levels. Technical indicators such as the weekly Stochastic RSI and the weekly Relative Strength Index (RSI) support an imminent bullish phase. The Stochastic RSI is in the oversold region, indicating potential for a price recovery. Meanwhile, the RSI’s upward trend with higher lows suggests growing bullish momentum. At press time, DOGE traded at $0.1247. Featured image created with DALL·E, chart from TradingView.com

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Dogecoin (DOGE) Breakout BrewingWill It Hit $0.306 Soon?

Dogecoin (DOGE) may be on the verge of a significant price move, according to chart analysis shared by market analyst CW. On May 18, CW posted a 4-hour chart of DOGE/USDT showing a descending triangle formation, often considered a precursor to a breakout. The triangle pattern is forming with a series of lower highs and […]

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Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation

Dogecoin is back in the spotlight after surging more than 50% in recent weeks, reclaiming bullish momentum across key timeframes. The meme-inspired cryptocurrency is now facing a critical demand zone, where bulls must hold the line to confirm the potential for continued upside. With market sentiment shifting in favor of risk-on assets, DOGE has emerged once again as one of the leading altcoins, capturing investor attention. Related Reading: Solana Sees Renewed Demand As Capital Flows Turn Positive Details Despite the sharp gains, the rally may just be getting started, especially if on-chain trends are any indication. According to new data from Santiment, whales have accumulated massive amounts of DOGE in the past month. This wave of large-holder accumulation suggests growing confidence among experienced investors and may serve as fuel for another leg up. However, the current levels must act as a launchpad, not a ceiling. If bulls can maintain control and defend local support, a breakout toward previous highs could follow. But if demand begins to weaken, DOGE may enter a consolidation phase before its next big move. For now, all eyes are on how price behaves in this zone of heavy accumulation. One thing is clear: whales are positioning for something. Dogecoin Whale Activity Signals Potential Recovery After months of decline and market-wide fear, Dogecoin is finally showing signs of strength. The meme-coin, long criticized for its volatility, has begun to recover from its recent lows, gaining over 50% in the past few weeks. While DOGE remains more than 50% below its December 2024 high, the latest price action suggests a meaningful shift in momentum may be underway. The overall market backdrop remains uncertain. Weakening macroeconomic data, ranging from slowing GDP growth to shaky consumer sentiment, continue to cast a shadow over risk assets. For now, traders are treading carefully, especially in speculative altcoins like Dogecoin. Still, if DOGE can maintain support above its current levels, analysts believe the recovery could extend into a broader rally. Adding to the bullish narrative, top analyst Ali Martinez shared on-chain data showing that whales have accumulated over 1 billion DOGE in the past month. This buying activityoften seen as a leading indicator of future movessuggests that large holders are confident in Dogecoins upside potential. It also marks a significant reversal from prior trends of outflows and distribution. If the current support holds, and whale accumulation continues, Dogecoin could be gearing up for another explosive move. While caution remains warranted in the short term, especially if macro conditions worsen, the long-term outlook is strengthening as fundamentals and sentiment slowly begin to align. For now, all eyes are on whether the meme-coin can hold its ground and break through resistance levels that once marked the top of its previous cycles. Related Reading: Ethereum Eyes $2.4K Retest Analyst Sets Key Levels To Watch Price Analysis: Consolidation After Rally Dogecoin is currently consolidating after a sharp rally that took the price from below $0.17 to nearly $0.26 in early May. As shown in the 4-hour chart, DOGE has pulled back to the $0.22$0.23 zone, where its attempting to form a local base. This area aligns with the previous breakout structure and sits slightly above the 200 EMA ($0.195) and 200 SMA ($0.183), both of which are now sloping upward, confirming trend support. Volume surged during the breakout, indicating strong interest, but has since declined, suggesting that bulls are pausing to reassess before another potential leg up. The structure now shows a range forming between $0.22 and $0.24, with $0.24 acting as short-term resistance. A break above this level could lead to a retest of the $0.26 high and potentially open the door to $0.28. Related Reading: Ethereum MVRV Pricing Bands Show Key Resistance Around $3,100 Level Details However, if DOGE loses the $0.22 level, the next support lies around the 200 EMA. A deeper pullback to the $0.20$0.195 range would still be considered healthy within the broader uptrend, but any close below the 200 SMA would weaken the bullish outlook. Featured image from Dall-E, chart from TradingView

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Dogecoin Whales Buy 100 Million DOGE In 24 Hours Demand Signals Growing Confidence

Dogecoin is currently trading in a tight range, consolidating above the $0.16 support level and struggling to break above the $0.19$0.20 resistance zone. This consolidation phase comes as the broader crypto market shows signs of strength and renewed momentum. Bulls are watching closely, hoping for a breakout that could mark the beginning of a recovery rally. Related Reading: Whales Sell 262,000 Ethereum Amid Recent Price Surge Smart Exit Or Profit-Taking? Recent on-chain data from Santiment adds fuel to the bullish narrative. Over the past week, Dogecoin whales have accumulated approximately 100 million DOGE, a move that signals rising confidence among large holders. Historically, such buying activity from major players has often preceded upward price movements, especially when it coincides with broader market recovery. As Bitcoin and other large-cap cryptocurrencies continue to test key levels, DOGEs consolidation pattern and whale accumulation will be key indicators for its next move. The coming days could prove pivotal for the memecoins short-term trajectory. Whale Activity Signals Possible Breakout As Dogecoin Tests Resistance Dogecoin is currently trading around $0.17$0.18, hovering near critical resistance while the broader crypto market shows signs of renewed momentum. Bulls are attempting to reclaim higher levels, especially the $0.20 zone, which has consistently acted as a strong barrier over the past few weeks. A successful break above this level could trigger a recovery rally, but until then, price action remains uncertain. Analysts are split on what comes next for DOGE. Some argue that failure to break out above $0.20coupled with increasing lower highscould signal a continuation of the broader downtrend, potentially pushing the memecoin back toward the $0.15 zone. On the other hand, with Bitcoin holding strong above $90K and major altcoins beginning to rebound, others believe Dogecoin could follow suit. Adding to the optimism, top analyst Ali Martinez shared a chart on X revealing that whales have accumulated 100 million DOGE over the past week. This surge in whale activity typically precedes price rallies and supports the case for a potential breakout. As accumulation continues and market sentiment improves, DOGE could be preparing for a strong move. For now, all eyes are on the $0.20 resistance. A clean break above it could validate the bullish outlook, while rejection might extend the current consolidation. Related Reading: Solana Monthly Candle Reclaims Key Levels Is $240 The Next Target? DOGE Price Action Hinges On Breaking Price Range Dogecoin (DOGE) is currently trading at $0.176, continuing to consolidate in a tight range as bulls attempt to gain momentum. Despite holding above the $0.16 support, DOGE has struggled to make a higher high, and price action remains capped by local resistance. To confirm a breakout and shift toward a recovery rally, DOGE must reclaim the $0.22 level a key resistance zone that aligns with the 200-day exponential moving average (EMA). Reclaiming this level would signal strength and could trigger an upward move toward $0.25 and beyond, especially if overall market conditions remain favorable. However, the lack of follow-through and volume at current levels raises concern. If bulls fail to defend $0.16, the downside risk grows significantly. A breakdown below this support could open the door to a deeper correction, potentially driving DOGE down into the $0.13$0.10 region, where historical demand has previously stepped in. Related Reading: Chainlink Flashes Daily Buy Signal Breakout Next? For now, DOGE remains range-bound with indecision dominating the short-term outlook. The next major move will depend on whether bulls can generate enough demand to break above the 200-day EMA or whether sellers regain control below the $0.16 threshold. Featured image from Dall-E, chart from TradingView

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Dogecoin Shows Clean Bullish Divergence Amid Market Turmoil: Crypto Analyst

After Dogecoin temporarily fell by more than 22% yesterday amid rumors of a Black Friday, the price has since been able to recover at least some of its losses. Nevertheless, DOGE is still down around 11% since the start of the week. This has put the price of Dogecoin in a tricky situation. Dogecoin Forms Bull Div Dogecoin breached a critical ascending support line before quickly recovering, a behavior that crypto analyst Kevin (@Kev_Capital_TA) describes as testing the lines in the sand for this ongoing bull market structure. Related Reading: Dogecoin Crashes 20%, But Bull Line Signals Hope For HODLers Kevins shared chart indicates that DOGE temporarily dipped below a rising pink trendline that has been in place since mid-2023, yet managed to close the daily candle back above this historically significant support around the $0.138 regiona level that also coincides with the 38.2% Fibonacci retracement level measured from the $0.049 swing low to the approximately $0.738 peak. The analyst points out that, despite the intraday break, DOGEs recovery formed what he calls a clean bullish divergence on the daily time frame, referencing the Relative Strength Index which has begun climbing even as price made a slightly lower low. He likened this development to a similar divergence unfolding on Bitcoins chart, suggesting that Dogecoins momentum may be stabilizing after a series of drawn-out declines from the $0.48 high set early December last year. DOGE Uptrend Remains Intact Charting Guy (@ChartingGuy) weighed in separately, highlighting that Dogecoin has arrived once more at its weekly 200 EMA zonean important trend marker hovering in the mid-$0.13 rangeand that its overall structure still shows higher highs, higher lows when viewed on a broader timescale. His posted chart also features a Fibonacci analysis which shows that DOGE could manage to close above the 0.382 Fib level, reinforcing the notion that DOGEs ability to hold above $0.15 could be a crucial gauge of bullish continuation. Failure to sustain this level, however, would risk revisiting deeper Fibonacci support levels, including the 23.6% retracement near $0.09 or even the 13.6% level around $0.07. Related Reading: Dogecoin Volume Remains Low As Price Tanks, Analyst Says Another Surge Is Coming On the upside, traders may look to potential resistance zones in the mid-$0.20s, which line up with the 61.8% Fibonacci retracement at roughly $0.2671, and the high-$0.30s to low-$0.40s range tied to deeper retracement zones up to the 78.6% mark. The chart watcher also notes that a retest of the prior swing highs above $0.40 would align with an extended push toward the 88.8% Fibonacci near $0.56, although market participants remain cautious amid the broader volatility that is brought to the market by US President Donald Trumps tariff policies. At press time, DOGE traded at $0.149. Featured image created with DALL.E, chart from TradingView.com

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Dogecoin Faces Make-Or-Break Support Level Will DOGE Hold?

Dogecoin is now trading at critical levels after enduring several days of sustained selling pressure and failing to break above the $0.18 mark. The popular meme coin is currently down 65% from its multi-year high around $0.48, and sentiment around DOGE remains underwhelming. As price action continues to weaken, investors are growing cautious, and bulls are struggling to regain control. Related Reading: Ethereum Whales Buy the Dip Over 130K ETH Added In A Single Day The broader financial landscape is not helping. Macroeconomic uncertainty, rising geopolitical tensions, and sweeping trade tariffs are shaking global markets, pushing risk-on assets like cryptocurrencies deeper into correction territory. In this environment, volatility and instability are becoming the norm particularly for highly speculative assets such as meme coins. Dogecoin, known for its price-driven hype cycles, could be especially vulnerable if market conditions continue to deteriorate. Crypto analyst Ali Martinez shared a technical analysis on X, revealing that Dogecoin is currently testing a key support level. According to Martinez, this level will likely determine the coins next big move either triggering a rebound or opening the door to deeper losses. With sentiment still fragile and volatility high, DOGEs next steps will be closely watched as it teeters on the edge of further downside. Dogecoin Trades At Make-Or-Break Level As Bears Dominate Dogecoin is trading at a critical demand zone after enduring weeks of aggressive selling pressure that has dragged the price below key resistance levels. Among all crypto sectors, meme coins have taken the hardest hit during the recent market correction, and DOGE is no exception. The asset continues to follow a strong bearish trend, and unless bulls can defend the current support, the downtrend could accelerate. At present, Dogecoin is hovering just above the $0.17 level a key threshold that may decide whether the coin rebounds or continues to slide. Martinez’s insights highlight the significance of this zone. According to Martinez, Dogecoin is now at a make-or-break level, and how it behaves here will shape its short-term and possibly long-term trajectory. Martinez pointed out that DOGE has been trading within a long-standing bullish channel, and the $0.17 level sits at the lower boundary of this structure. A decisive hold at this level could act as a launchpad for a significant rally, especially if broader market sentiment improves. Conversely, if DOGE loses this support, the bullish structure would break down opening the door to deeper losses. Related Reading: Chainlink Whales Dump Over 170 Million LINK In Three Weeks Selling Pressure Ahead? With meme coins underperforming and macro uncertainty still in play, all eyes are on DOGEs next move. If bulls fail to defend the $0.17 mark, Dogecoin could face another leg lower. However, if this crucial support holds, a powerful rebound may follow, offering a rare window of opportunity for patient investors. DOGE Trades Below Key Averages As Bulls Defend $0.16 Support Dogecoin is currently trading at $0.169 after several days of struggling to regain momentum below the 4-hour 200 MA and EMA, both hovering near the $0.18 level. The recent rejection from this technical zone has kept DOGE under pressure, with price action showing signs of continued weakness. Bulls are now in a tight spot, needing to defend current levels to avoid a deeper correction. To confirm a potential recovery rally, DOGE must not only hold above the $0.169 mark but also break decisively above the $0.205 resistance level. This area has acted as a key barrier in recent weeks, and a breakout would signal a shift in momentum and open the path toward higher levels. Related Reading: Bitcoin Rejected At Descending Resistance Again Is $78,600 Still In Play? However, the downside risks remain. If DOGE loses the $0.16 support a level that has held through previous dips it could quickly fall below the $0.15 mark, deepening the bearish trend. With meme coins underperforming across the board and overall market sentiment still fragile, Dogecoins next move will be crucial. A bounce from here could mark the beginning of a recovery phase, but failure to reclaim key technical levels could result in another leg down. Featured image from Dall-E, chart from TradingView

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Expert Forecasts 700% Growth For Dogecoin (DOGE) As It Sets Sights On $1 Target

Dogecoin (DOGE), the popular meme-based cryptocurrency, has demonstrated its resilience in the market with a 2.5% price increase over the past 24 hours, reaching a trading price of $0.1607.  Analysts, including Altcoin Sherpa and Ali Martinez, have recently shared optimistic predictions for DOGEs future, suggesting further gains and potential for outperformance compared to other tokens. [...]

The post Expert Forecasts 700% Growth For Dogecoin (DOGE) As It Sets Sights On $1 Target appeared first on Crypto Breaking News.

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Dogecoin Trader Who Nailed 300% Rally Says Its About To Repeat

Dogecoin (DOGE) is once again breaking out of a textbook fallingwedge formation, and the analyst who anticipated the memecoins last threefold explosion thinks the stage is set for an encore. Breaking crucial area, expecting solid bullish wave in midterm, World Of Charts (@WorldOfCharts1) told his X followers while sharing a 12hour Binance chart. Major Dogecoin Upswing Incoming? He referenced a post from April 13 where he predicted: Doge: We caught this big move in Oct 2024, Dogecoin went more than 3×. Now again Doge [is] on [the] verge of massive breakout expecting 3× from here. The chart shows five months of compression that began when DOGE topped at just under $0.48 in early December. Since then, every rally has stalled beneath a descending resistance trendline, which now cuts through the mid$0.155 zone; parallel support currently tracks the $0.14 area after cushioning a pair of capitulation wicks in March and April. The price is now breaking out of the upper boundary for the first time in almost two weeks. Related Reading: Dogecoin Stalls After 42 Days Of Flat Price Action Is A Breakdown Coming? World Of Charts measuredmove overlay starts at the notional breakout above $0.17 and projects a vertical advance of $0.21804, implying a primary objective just shy of $0.39a 138% gain from the trigger and within striking distance of the psychological $0.40 handle. If the setup delivers the same magnitude as last years wedge, the could ultimately test $0.65, completing a fresh threefold rally. The time symmetry behind the call is hard to ignore: the current wedge has compressed for almost six months, mirroring the consolidation that preceded the OctoberDecember 2024 eruption from $0.11 to $0.48. Volume has thinned with each contraction cycle, a classic prebreakout signature, while momentum oscillators on lower time frames are beginning to tilt positive as spot reclaims its 50EMA. Related Reading: Dogecoin Charts Flash 2020-Style Bull Signal, Crypto Analyst Says Other analysts remain focused on Bitcoins grip over market beta. If BTC breaks above $89K and shows conviction upwards I think Dogecoin gets back to $0.26 relatively quick, cautions Kevin (@Kev_Capital_TA). BTC holds the cards as always, especially with BTC dominance pushing higher and monetary policy still tight. In his analysis, $0.26 represents the 0.618 Fibonacci retracement of the NovemberMarch slide, marking the first substantive hurdle even if DOGE clears wedge resistance. From a pure chartbased perspective, the battle lines are now sharply drawn. A decisive daily close above trendline and a successful retest would confirm the breakout, shift the red demand band into a springboard, and expose successive targets. Failure to punch through would keep price pinned inside the pattern, with any slip below $0.15 risking a slide toward structural support at $0.13 and, in extremis, the $0.11 pivot that launched last years parabolic ascent. At press time, DOGE traded at $0.1641. Featured image created with DALL.E, chart from TradingView.com

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Dogecoin Stalls After 42 Days Of Flat Price Action Is A Breakdown Coming?

Dogecoins chart has turned into what independent market analyst Kevin calls literally doing nothing for almost a month and a half. In a broadcast on X, the veteran technician recounted that the memecoins last decisive move was a sharp selloff more than six weeks ago; since then price has compressed into a narrow band, threatening to lose the structural support it reclaimed at the end of March. Dogecoin Momentum Still Weak Kevin has been monitoring the same horizontal levels for weeks. The upper bound of the range is the postbearmarket breakout retest around $0.156, while the key Fibonacci retracement macro 0.382 sits lower at $0.138 a zone he has repeatedly described as his line in the sand. Only a weekly candle close beneath that level would convince him that the rally that began in late 2023 has fully broken down. If Dogecoin breaks $0.138 on weekly closes, then its probably over, he cautioned. Momentum signals are failing to provide early confirmation either way. Commenting on the muchwatched 3-day MACD, Kevin pushed back against socialmedia claims that a bullish cross is already in play. People dont know how to read this indicator properly, he said. Technically, yes, by definition its a cross, but its really not a cross [] You have to have expansion of the moving averages in order to have a confirmed cross. Without that expansion, he warned, the fledgling uptick in the histogram could easily just roll right over. With spot price inertia now stretching to 42 days, riskreward has compressed as well. Kevin frames the decision tree in stark terms: hold the $0.156$0.138 congestion and Dogecoin keeps its constructive mediumterm structure; lose it and traders must look down to the psychological $0.10 shelf. Even there, he sees only the possibility of a countertrend bounce toward $0.250.26. Related Reading: Dogecoin Charts Flash 2020-Style Bull Signal, Crypto Analyst Says The broader-market backdrop offers little immediate relief. Using Bitcoin as a leading indicator, Kevin reminds viewers that the entire complex remains in what he calls a major correctional phase, triggered when the threeday MACD crossed down in January 2025. Historical study of Bitcoins macro pullbacks suggests they persist anywhere from 114 to 174 days, he noted. They operate the same way no matter what the economic circumstances are. They last anywhere from 114 to 174 [days]. Every single time whether it’s a bear market [or] bull market. Bad news, good news doesn’t matter. They always last the same amount of time. 174 days being the longest in history, 114 days being the average of every correct major correctional period in history, Kevin explained. Related Reading: Dogecoins $1 Dream Isnt DeadAnalyst Predicts Summer Breakout Should Bitcoin fail to defend $70,000, he argues, odds of a fresh alltime high in the short run would be quite low. If Bitcoin breaks $70,000 and goes into the $60,000s, we’re gonna get a huge bounce out of there. You get a huge countertrend rally. Everything will look rosy again, but the chances are that it makes a new high very slim. Same goes for Dogecoin. If dogecoin comes down to this $0.10 level and it gets a bounce, maybe it comes like a big counter trend rally back up to like $0.25 or $0.26 and then it just rolls over and that’s the end, Kevin stated. For Dogecoin, therefore, the next decisive signal is likely to be a hard break of the $0.156$0.138 corridor or a confirmed momentum resurgence on the highertimeframe MACD whichever comes first. Until then, the asset remains trapped in Kevins words: Weve done nothing theres not much to talk about. At press time, DOGE traded at $0.1621. Featured image created with DALL.E, chart from TradingView.com

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Dogecoin (DOGE) Bulls Defend Key Support, Eyes Set on $0.21 Next Leg

Key Takeaways: Dogecoin (DOGE) is hovering around its crucial support level and is on the verge of a breakout. DOGE is currently facing volatility and experiencing downward pressure. Despite this short term pullback, the overall DOGE price trajectory is looking promising. While the overall market is not so volatile, Bitcoin is also holding above its […]

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Dogecoin Whales Buy 800 Million DOGE in 48 Hours Smart Money Or Bull Trap?

Dogecoin is showing signs of strength after weeks of volatility and market uncertainty. The meme-inspired cryptocurrency has held firm above crucial support levels and is now pushing toward a potential recovery rally. After reclaiming the $0.15 mark, bulls are looking to build momentum, with the $0.17 level emerging as the next major resistance to break. A successful move above this threshold could confirm a broader trend reversal and reignite bullish sentiment across the meme coin sector. Related Reading: XRP Tests Ascending Triangle Resistance Can Bulls Reach $2.40 Level? Supporting this outlook, recent on-chain data from Santiment shows that Dogecoin whales have been highly activeaccumulating over 800 million DOGE in the last 48 hours. This surge in whale buying activity adds weight to the bullish thesis, suggesting that larger players are positioning for a move higher. The renewed accumulation, paired with improving technical conditions, has sparked optimism among traders and investors who believe Dogecoin could be gearing up for its next leg upward. Still, caution remains, as global macroeconomic tensions continue to create unpredictable conditions across the financial markets. For Dogecoin to confirm a recovery rally, bulls must hold current levels and push through near-term resistance in the coming sessions. Dogecoin Faces Crucial Resistance As Whale Accumulation Builds Dogecoin is now at a pivotal point, trading just below key resistance levels after a strong rebound from recent lows. As broader market conditions improve and global tensionsespecially around trade and tariffsbegin to cool, analysts are turning their attention to assets like DOGE that have lagged in performance but now show signs of potential upside. The meme coin has managed to reclaim the $0.15 mark, but to validate a broader recovery rally, bulls must push beyond the $0.17$0.18 zone in the days ahead. Momentum indicators are beginning to flip bullish, and some market watchers suggest that Dogecoin could be preparing for a breakout. However, sentiment remains mixed, with others pointing to the possibility of a continuation of the downtrend, particularly if resistance holds or macroeconomic conditions deteriorate. Despite this uncertainty, on-chain data paints a more optimistic picture. Top analyst Ali Martinez shared insights on X, revealing that Dogecoin whales have accumulated over 800 million DOGE in the last 48 hours. This level of accumulation by large holders suggests renewed confidence in the assets short-term potential. Historically, such whale activity has often preceded strong price moves in DOGE. For bulls to take control, Dogecoin must break above near-term resistance and sustain momentum amid a still-volatile environment. A failure to do so could see the asset slip back into consolidation or even retest previous lows. The coming week will be critical for determining whether DOGEs next move is a breakout or another pullback. Related Reading: Dogecoin Gears Up For A Breakout To $0.29: Can Bulls Hold Key Support? DOGE Price Holds $0.16 As Bulls Aim for Breakout Dogecoin is trading at $0.16 after failing to reclaim the 4-hour 200 Moving Average (MA) near $0.168, a level that has acted as strong short-term resistance. Despite recent bullish momentum across the crypto market, DOGE bulls are struggling to regain control. The $0.15 level now serves as critical support. If Dogecoin holds this area, theres a strong chance it could push higher in the coming sessions. A successful break above $0.17 would be significant, potentially opening the door to a rally toward $0.20, a level not seen since early April. However, price rejection and continued weakness around $0.168 suggest that sellers are still active, and bulls need to reclaim this moving average to build momentum. Related Reading: Solana Triggers Long Thesis After Pushing Above $125 Start Of A Bigger Rally? If DOGE loses the $0.15 mark, downside risk increases sharply. A drop to $0.13or even loweris likely as bearish pressure could intensify in a volatile market. Investors will be watching closely for a clear move in either direction, as Dogecoin sits at a key inflection point. Volume and on-chain data, including recent whale accumulation, suggest potential, but confirmation must come through price action above immediate resistance. Featured image from Dall-E, chart from TradingView

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Dogecoin Follows The Blueprint: Analyst Highlights Perfect Technical Execution

Dogecoins price action continues to honor the technical blueprint laid out by crypto analyst Kevin (@Kev_Capital_TA), who reaffirmed on Sunday that his strategic roadmap from March 22 remains intact. The weekly chart reveals an extended descending channel drawn with multiple yellow trend lines that originated in 2021 and constricted price action throughout 2022. Within that formation, the most critical horizontal threshold appears to be $0.139, labeled on the chart as the Last line in the sand and described by Kevin as essential for preserving bullish market structure. He notes that maintaining durable weekly closes above this zone is paramount for further upside, while a decisive break beneath $0.139 would nullify the bullish thesis. Dogecoin Follows The Blueprint Dogecoins retracement from highs near $0.45 earlier this year has so far been contained by a confluence of support channels and Fibonacci retracement levels. According to Kevins chart, the primary Fib levels span from roughly $0.049 at the lower bound (0% Fib) to around $2.268 at the 1.414 extension. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours Sign Of Recovery? Closer inspection shows intermediate Fibonacci markers at $0.090 (0.236), $0.138 (0.382), $0.190 (0.50), $0.262 (0.618), $0.413 (0.786), $0.542 (0.88), $0.738 (1.0), $0.934 (1.0866), and $1.543 (1.272). Since the price is hovering near $0.16$0.17 at press time, Dogecoin has remained above the 0.382 retracement near $0.138, reinforcing Kevins argument that the risk-reward ratio at this level appears absolutely phenomenal. Kevins March 22 update describes the confluence of several higher time frame indicators, including the Weekly Stochastic RSI, the 3-Day MACD, and the 2-Week Stochastic RSI, all of which he sees nearing full resets. He cites the previous weekly demand candle, which formed just above $0.139, as a key sign that buyers are stepping in to defend what he calls the Last line of bull market support. The Weekly Stoch RSI on his chart is already situated at low levels, while the 3-Day MACD and 2-Week Stoch RSI appear roughly a month away from bottoming out. According to Kevin, these technical resets should serve as a springboard for Dogecoins next significant upward move, provided that Bitcoin, which he believes must hold above $70K in his scenario, remains stable enough to support broader market strength. Related Reading: Dogecoin At Major Breakout Point As Liquidity Bottoms, Says Analyst On Sunday, Kevin reminded his audience that this strategy, first made public on March 22, is going exactly according to plan, given Dogecoins confirmed bounce around the $0.139 region and the ongoing drift toward oversold conditions in multiple momentum gauges. He disclosed that his Patreon trading portfolio holds an average entry at $0.15 for this swing and noted that a swift rejection of sub-$0.139 weekly closes, coupled with the bullish stance of the higher time frame indicators, corroborates his confidence in Dogecoins recovery potential. While he acknowledges that lots of work still needs to be done for Dogecoin to reclaim loftier levels near the 0.618 Fib around $0.262 or even the 0.786 Fib at $0.413, Kevin maintains that his initial thesis stands as long as the meme-inspired asset preserves its foothold above $0.139. For him, the risk of a breakdown is well-defined if the pivotal support gives way, but should the level persist, he sees the upside potential extending far beyond the current range. As of now, Dogecoins price continues to cling to that all-important line in the sand, keeping Kevins bullish blueprint very much alive. At press time, DOGE traded at $0.16493. Featured image created with DALL.E, chart from TradingView.com

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Dogecoin At Major Breakout Point As Liquidity Bottoms, Says Analyst

Crypto analyst Kevin (@Kev_Capital_TA) has shared a chart that overlays the Global Liquidity Index (yellow, plotted above) on top of Dogecoin’s price action (candlesticks in purple, plotted below). The visual comparison highlights a number of parallel channels and key trend lines that have previously aligned with turning points in Dogecoin’s trajectory. Explosive Dogecoin Setup Amid Liquidity Shift While the Global Liquidity Index has traded within a downward sloping channel – its lower boundary repeatedly capturing local lows marked by orange circles – the price of Dogecoin itself has broken out and retested a long-term sloping trend line that stretches back to its explosive price run in early 2021. The chart shows Dogecoin’s dramatic rise from less than a cent in 2020 to its all-time high of around $0.74 in 2021, before retreating to what appears to be significant support around $0.15. The analyst’s Fib retracement overlay shows the 0.382 level at around $0.14225, an area of technical importance that has attracted renewed attention. The current price action is depicted as settling around a zone where the multi-year descending trend line (yellow) retest meets the 0.382 Fib level, circled on the chart as a potential turning point. Related Reading: Dogecoin Bullish Divergence Plays Out, Analyst Maps Next Price Targets Meanwhile, the Global Liquidity Index at the top of the image has shifted within a downward price channel of its own, suggesting a broader contraction in available market liquidity over the past year. As can be seen, each contact with the lower boundary of the channel has coincided with a notable turning point in Dogecoin’s price movement. The repeated circular markers emphasize moments where the liquidity curve dipped and Dogecoin subsequently carved out local or macro bottoms. This synchronization, argues Kevin, should prompt traders to pay attention because it may herald a rebound if liquidity inflows stabilize or begin to rise again. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours Risk-Off Or Panic Selling? Why does the Global Liquidity Index matter for Dogecoin? In general, high liquidity levels can signal greater capital flowing into risk-on assets, especially memecoins like DOGE. When the Global Liquidity Index trends lower, it often reflects tighter financial conditions worldwide. Historically, Dogecoins most explosive movessuch as the meteoric rally of 2021emerged when broader liquidity was on the rise, fostering an environment that helped accelerate trading volumes across the crypto landscape. Kevins chart offers no guarantees, but it does underscore an area where Dogecoins historic support lines, fib retracement levels, and a bottoming global liquidity channel all converge. Whether this confluence will serve as a catalyst for the next Dogecoin rally remains to be seen, but the chart makes a compelling case to monitor how the Global Liquidity Index evolvesand what it might mean for the ever-popular meme-inspired cryptocurrency. At press time, DOGE traded at $0.15723. Featured image created with DALL.E, chart from TradingView.com

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Dogecoin Bullish Divergence Plays Out, Analyst Maps Next Price Targets

Dogecoins momentum has shifted dramatically following macroeconomic developments and a series of strong technical signals, according to crypto chartist Kevin (@Kev_Capital_TA). Yesterday, the broader crypto market surged after President Donald Trump announced a 90-day pause on tariffs for 75 countries, while raising Chinas tariffs to 125%. Bullish Momentum For Dogecoin The news sent Bitcoin above the $80,000 threshold and catapulted several major altcoins, including Dogecoin, higher. Daily Bullish divergence on Dogecoin starting to play here, Kevin writes in his latest update, while cautioning that obviously macro news has most to do with this, but nonetheless the charts were giving us hints ahead of time that the opportunity was not guaranteed but there. In the hours following the tariff announcement, Dogecoin rallied by approximately 13%, strengthening signs of a bullish divergence Kevin first flagged two days earlier. Dogecoin came down once again to test the bull market structure lines in the sand and somehow even though it cleanly broke through earlier in the day was able to recover and close the daily candle slightly above this support level, he explained. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours Risk-Off Or Panic Selling? Kevin noted the parallel between Dogecoins bullish divergence and that of Bitcoin on the daily time frame, suggesting that renewed optimism for DOGE may be tied, in part, to the leading cryptocurrencys resilience above its own pivotal support. Kevins outlook is rooted in a multi-week assessment of Dogecoins technical posture. At the end of March, he pointed to a weekly demand candle and the Last line of bull market support. He emphasized how crucial it remains for Dogecoin to hold above the 0.139 mark. It will continue to be absolutely vital that Dogecoin hold this level while it resets higher time frame indicators like the 3 Day MACD, Weekly Stoch RSI and 2W Stoch RSI all of which are getting very close to being fully reset, he said. DOGE Price Targets He also described the potential upside for Dogecoin as phenomenal relative to the risk of losing that $0.139 threshold for multiple weekly closes. The charts Fibonacci retracement and extension levels suggest potential technical targets for Dogecoin that remain relevant for traders seeking directional cues. Related Reading: Dogecoin Fading Fervor: Has The Meme Coin Lost Its Mojo? These levels begin with the 0.236 at $0.09038, the 0.382 at $0.13827, the 0.5 at $0.19039, the 0.618 at $0.26216, the 0.65 at $0.28529, and the 0.70 at $0.3310. Higher up, the 0.786 reads $0.41339, the 0.88 is $0.54210, the 1.0 level marks $0.73839, and the 1.0866 is $0.93377. Further on the extension side, the 1.272 stands at $1.54348, and the 1.414 appears at $2.26813. The analyst underscored that as long as BTC holds these levels and does not lose $70K then I absolutely love this spot on DOGE, highlighting how the broader markets trajectory could shape Dogecoins path along these technical markers. However, the coming days will reveal whether Dogecoin can build on the momentum that emerged amid the tariff-related market surgeand whether the well-worn phrase the trend is your friend will keep Dogecoin enthusiasts in a bullish mindset. At press time, DOGE traded at $0.15751. Featured image created with DALL.E, chart from TradingView.com

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Crypto Analyst Calls Dogecoin Chart A Beauty As Key Indicators Align

Crypto analyst Cantonese Cat (@cantonmeow) is describing the weekly Dogecoin/ USD chart as a technical beauty due to multiple indicators aligning at once. In the latest chart shared on X, several key features stand out, including a long-term diagonal trendline, converging 100-week and 200-week simple moving averages (SMAs), and a noteworthy Ichimoku Cloud setup. I haven’t seen something this beautiful with this much confluence for a while, the analyst notes. Why Dogecoin Looks ‘Beautiful Bullish A dominant downward-sloping diagonal trendline, drawn from Dogecoins historic 2021 peak of approximately $0.70, sets the tone for the charts structure. Since Dogecoins meteoric rise and subsequent fall in 2021, weekly candles have consistently responded to this diagonal, which has acted as a barrier to bullish advances and occasionally served as a place for price consolidation. Related Reading: Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters Oversold Levels In November last year, DOGE broke above the trend line. However, over the past four weeks, Dogecoin has once again drifted downwards into close proximity to this trend-defining line. Dogecoin’s current revisit to the trendline represents a retest of the previous breakout; a successful defense at this level would confirm the retest, a scenario widely regarded as highly bullish from a technical analysis perspective. Another focal point is the relationship between the 100-week simple moving average (SMA) and the 200-week SMA. In the chart shared by Cantonese Cat, the 100-week SMA is drawn in blue, while the 200-week SMA is depicted in black. The 100-week SMA is currently hovering at $0.1456, while the 200-week SMA sits at $0.1412. Notably, the recent crossing of the 100-week SMA above the 200-week SMA has formed a bullish “golden cross,” a technical event typically interpreted as a strong positive signal for price momentum from a technical analysis perspective. Related Reading: Dogecoin Prepares To Explode Analysts Say Watch This Price The chart also incorporates an Ichimoku Cloud, which further intensifies the convergence. The weekly Ichimoku setup (commonly using parameters 9, 26, 52, 26) displays a convergence with the weekly SMAs around $0.14. At present, Dogecoins price has approached the upper boundary of that Cloud, and stayed above it. If the price were to sustain a close above the Cloud, it would strengthen the case for a bullish continuation. Notably, the Future Cloud Outlook is also bullish. The leading spans (projected forward) around $0.24 to $0.28 suggest a broad zone that could either cap upside moves or act as a magnet, should buyers maintain conviction. Cantonese Cat refers to this juncture as beautiful precisely because of the overlapping significance of these 4 indicators. If Dogecoin remains above critical support level ner $0.145 for consecutive weekly closes, the likelihood of a sustained uptrend can rise considerably. At press time, DOGE traded at $0.17417. Featured image created with DALL.E, chart from TradingView.com

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Dogecoin Must Hold This Support Or Risk Crashing To $0.015, Analyst Warns

Dogecoin (DOGE) faces a critical juncture on its long-term price chart, according to prominent crypto analyst Ali Martinez. The widely circulated chartoriginally shared via X and then dissected in a YouTube Shortshows DOGE trading within an ascending parallel channel that has guided its price action since 2014. Now, the meme-inspired cryptocurrency sits precariously above a key support zone that, if breached, could set off a severe drop. Dogecoin Crash Incoming? In the long-standing pattern Martinez highlighted, each time DOGE has bounced off the lower boundary of this ascending channel, it has climbed toward the upper resistance level. Conversely, DOGE has historically retreated back down to the lower boundary when it fails to break above the channels ceiling. This cycle has repeated through major swing highs in the 20172018 and 2021 periods, among others, underscoring how significant the channels lower trendline is for maintaining DOGEs broader uptrend. Martinezs chart also features multiple Fibonacci retracement and extension levels, providing insight into historically significant price points. These important horizontal thresholds are 0.236 Fib (around $0.0068), 0.382 Fib (around $0.0159), 0.5 Fib (around $0.0316), 0.618 Fib (around $0.0625), 0.786 Fib (around $0.1652), 1.272 Fib (around $2.74), and 1.414 Fib (around $6.24). Notably, the area around $0.16$0.19 converges with the lower boundary of the ascending channel and the higher end of the Fibonacci range near $0.1650. Related Reading: Buy Dogecoin Now? Analyst Says This Is the Spot In his most recent YouTube Short, Martinez warned that a decisive break below the $0.19 support level could open the door for a crash toward $0.015, which aligns with the 0.382 Fib retracement. Dogecoin could crash if it loses this level of support Dogecoin has been trading inside an ascending Channel since 2014. Dogecoin has tended to rebound from this Channel’s lower support trend line toward the upward resistance trend line and from this level Dogecoin tends to drop back to the lower support trend line and then it rebounds again repeating the whole cycle. But now Dogecoin is at a critical point if it breaks the $0.19 support level it could trigger a correction to $0.015, he stated. Related Reading: Sell All Your Dogecoin If This Happens, Says Crypto Analyst A few days earlier, he noted on X that as long as the channels lower boundary at $0.16 holds, DOGE maintains a chance to rebound toward the mid-channel or even the upper trend line. DOGE remains within an ascending parallel channel. As long as the lower boundary at $0.16 holds, a rebound toward the mid-channel at $2.74 or even the upper boundary at $6.24 remains a probability! Martinez remarked. However, the bullish outlook hinges on DOGE preserving this vital support zone. Any confirmed drop below $0.16$0.19 would likely confirm a significant bearish shift, paving the way for the steep corrective phase Martinez describes. Such a scenario would revisit price territory near $0.015, erasing gains Dogecoin has accumulated over several cycles. At press time, DOGE traded at $0.20. Featured image created with DALL.E, chart from TradingView.com

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Dogecoin (DOGE) Signals Strong Recovery as Whales Accumulate 180M DOGE

Dogecoin (DOGE) is showing promising signs of an uptrend, gaining attention from market watchers as bullish momentum builds. After facing significant turbulence and a heavy sell-off during the broader market downturn, DOGE appears to be regaining its footing. As the crypto market shifts from a bearish phase to a more optimistic outlook, Dogecoin is positioning […]

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Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally

Dogecoin is trading around a key demand zone as the entire crypto market battles renewed selling pressure. Among the hardest-hit segments are meme coins, which have seen sharp pullbacks in recent days. Dogecoin, the original and most recognized meme token, continues to follow a persistent bearish trend one that may not reverse unless current levels hold firm. Related Reading: Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone Details Investor sentiment across the space remains cautious, with rising macroeconomic uncertainty and weakening momentum dragging prices lower. For Dogecoin, this moment is especially critical, as its price action now hovers just above the lower boundary of a long-term parallel channel. Crypto analyst Ali Martinez shared technical insights revealing that Dogecoin is still holding above this crucial support level. According to Martinez, a spike in demand from this zone could act as the launchpad for a rally toward the mid or upper range of the channel potentially offering much-needed relief for DOGE holders. While broader market conditions remain fragile, Dogecoins structure suggests it still has room to rebound but only if buyers step in soon. As price compresses near support, the next move could define the tokens short-term trend in a market filled with uncertainty. Dogecoin Down 66% As Market Uncertainty Weighs On Sentiment Dogecoin is currently trading under heavy pressure, down approximately 66% from its multi-year high near $0.48. Despite brief attempts at recovery, underwhelming price action and bearish sentiment continue to drag DOGE lower, with bulls struggling to find momentum in an increasingly volatile market. The broader macroeconomic backdrop isnt helping either rising interest rates, geopolitical instability, and trade war tensions have all contributed to a high-risk environment across global financial markets. This turbulence is having an outsized impact on speculative assets, and meme coins like Dogecoin remain some of the most vulnerable. The current conditions suggest that heightened volatility may become the new norm for the foreseeable future, increasing the risk of further downside for DOGE unless strong support holds. Martinez’s technical outlook on X notes that the $0.15 level is now essential for Dogecoin bulls. According to his analysis, DOGE continues to trade just above the lower boundary of a long-term bullish channel a structure that has held firm through multiple market cycles. Martinez emphasizes that a spike in demand at this level could trigger a sharp rally, potentially pushing DOGE toward the mid or upper range of the channel, between $4 and $7. While this may seem ambitious given current sentiment, the long-term setup remains technically intact but bulls must step in now to avoid a complete breakdown. Related Reading: Ethereum MVRV Ratio Nears 160-Day MA Crossover Accumulation Trend Ahead? DOGE Bears Push Bulls to the Edge Dogecoin is trading at $0.16 after facing intense selling pressure over the past several days, dropping more than 20% in under a week. The sharp decline has placed bulls in a difficult position, with momentum clearly favoring the bears. The price structure remains decisively bearish, and if DOGE fails to hold the critical $0.15 support level, a dramatic collapse could follow potentially sending the meme coin into lower demand zones not seen in months. The $0.15 mark now stands as the last line of defense for bulls, as it aligns with a key long-term support level within a broader bullish channel. Losing it would likely trigger panic selling and confirm a breakdown in market structure. However, if Dogecoin can maintain support above $0.16 and attract renewed buying interest, theres still potential for a short-term recovery. A bounce from current levels could spark a rally toward the $0.20$0.25 range a zone that previously acted as strong resistance and may offer the first real test of any upward momentum. Related Reading: Bitcoin OTC Desks Are Draining Supply Squeeze On The Horizon? With market volatility high and sentiment shaky, DOGEs ability to hold current levels will be key to determining whether this is just another dip or the start of something worse. Featured image from Dall-E, chart from TradingView

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Dogecoin Breaks Above Bullish Daily Pattern Analyst Sees A Surge To $0.43

Dogecoin is starting to show signs of life after weeks of sideways trading in a tight range between $0.16 and $0.18. Meme coins have suffered heavily amid broader market uncertainty and ongoing selling pressure, with bulls struggling to reclaim key resistance levels. However, momentum appears to be building. Related Reading: Dogecoin Bollinger Bands Tighten On 12H Chart Hinting At Imminent Price Move Insights Over the last 24 hours, Dogecoin managed to break above the $0.18 mark for the first time in days, sparking excitement among traders. While bulls have yet to sustain a push higher, the breakout could be an early sign of a trend reversal. Investors are watching closely to see if DOGE can establish a foothold above current levels and begin a meaningful recovery. Top analyst Carl Runefelt shared technical insights on X, noting that DOGE is breaking out of a bullish falling wedge pattern on the daily charta formation often associated with strong upside moves. If the breakout holds, Dogecoin could be poised for a significant rally in the short term. However, bulls must reclaim higher resistance levels soon to keep the momentum going. All eyes are now on DOGE as it attempts to lead a potential meme coin recovery. Bulls Attempt To Reclaim Momentum Dogecoin is hovering at a critical juncture as it trades just above crucial demand levels near $0.15. Despite a challenging environment for meme coinstypically the hardest hit during market downturnsDOGE has managed to hold its ground, suggesting resilience from long-term holders. Still, bulls have a lot of work to do if they want to reclaim control and initiate a sustained recovery. After weeks of consolidation, Dogecoin is showing early signs of a potential reversal. The broader market is searching for a catalyst, with analysts and investors watching closely for any signals that could push crypto assets into a recovery phase or trigger further declines. Market participants are growing increasingly anxious, especially given the speculative nature of meme coins and their historical volatility during bear cycles. Runefelt’s technical insights reveal that Dogecoin has broken out of a falling wedge pattern on the daily timeframe. This is a bullish formation that often precedes sharp upward moves. According to Runefelt, if DOGE holds above the wedge breakout zone, it could rally toward the $0.43 markits next major resistance level. This week could prove pivotal for Dogecoin and the broader market. If bulls manage to build on recent strength and push above key resistance levels, DOGE could lead a new wave of meme coin momentum. Related Reading: Bitcoin Futures Data Shows Bullish Long/Short Ratio Details Dogecoin Price Faces Key Test Around $0.185 Dogecoin is trading at $0.185 after several days of sideways consolidation, struggling to push decisively above this level. While the recent breakout from a falling wedge pattern has created a more optimistic outlook, bulls now face the challenge of turning resistance into support. The $0.18 level has emerged as a critical pivot point, and holding above it is essential to maintain upward momentum. For DOGE to confirm a true recovery rally, bulls must reclaim the $0.22 level in the coming sessions. A push above this zone would mark a clear shift in trend and open the door for a test of higher resistance near $0.25 and beyond. However, the path forward is not without risk. If Dogecoin fails to hold $0.18 as support, selling pressure could intensify, sending the price back toward the $0.15 zonean area that previously acted as a major demand floor. Related Reading: Ondo Finance Eyes Breakout As Price Tests $0.89 Channel Resistance Analyst With meme coins typically more sensitive to broader market sentiment, Dogecoins next move will likely mirror the overall direction of crypto. A strong Bitcoin rally could help lift DOGE, but without it, bulls must show strength quickly to avoid a deeper retracement. Featured image from Dall-E, chart from TradingView

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Dogecoin Is All Going To Plan, Says Crypto Analyst

Crypto analyst Kevin has provided an update on Dogecoins price structure, highlighting how multiple technical elements have converged to support his thesis that the meme coin remains on track despite recent volatility. The chart, which he first shared two weeks ago, reveals a confluence of Fibonacci retracement levels, descending yellow macro trend lines, and the positioning of the 200-week SMA (Simple Moving Average) and EMA (Exponential Moving Average). Dogecoin Follows ‘The Plan’ According to Kevin, these converging signals have collectively allowed Dogecoin to perform a critical macro back test, a process thatif successfulcan often transition a market from a corrective phase into a new, more bullish phase. We still got work to do folks but so far its all going to plan for Dogecoin, Kevin wrote today via X. Related Reading: Dogecoin Is Ready For The Next Big Move, Warns Analyst Central to his view is the 0.5 Fibonacci retracement level around $0.15382, which Dogecoin is currently hovering near. Derived from the coins larger swing high, the 0.5 retracement typically denotes a point of equilibrium in a bigger market move. This level also intersects with the yellow downward-sloping trend lines that have defined the macro resistance for Dogecoin since its earlier bull market peaks. The synergy between this retracement level and the trend line retest is a key reason Kevin believes the pullback remains orderly and all going to plan. Farther above, Dogecoins next Fibonacci milestone is the 0.236 level near $0.28013 (red horizontal band) that would likely need to be overcome for a more definitive uptrend to develop. Below current trading ranges, the chart highlights a cluster of potential support levels, including the 0.618 Fibonacci marker around $0.11767 and the 0.65 retracement near $0.10924. Although there is no guarantee Dogecoins price will drop to these thresholds, Kevin notes that if further consolidation were to occur, the coin might find stability in that zone. Related Reading: Dogecoin Breaks Above Bullish Daily Pattern Analyst Sees A Surge To $0.43 Additional deeper retracement points include the 0.786 level around $0.08035 and the 1.0 extension down near $0.04942areas that, in previous cycles, provided meaningful bounces for tokens experiencing prolonged corrections. Meanwhile, the weekly moving averages in blue on the chart, specifically the 200-week SMA and EMA, offer further context for longer-term sentiment. They are currently running just below Dogecoins spot price, forming another layer of support. Kevins analysis also cites momentum data from the 3 Day RSI (Relative Strength Index), indicating that RSI readings have been near historically low levels for Dogecoin. Low RSI readings can sometimes suggest a market is oversold, which in turn raises the prospect of a relief rally or broader turnaround if other bullish catalysts emerge. He referenced four focal points he first identified in a post two weeks prior: the retest of the macro 0.5 Fibonacci zone, the descending trend line confluence, the back test of the 200-week SMA and EMA, and the notably low RSI values. He further emphasized that Bitcoins overall resilience, along with the evolution of macroeconomic data and central bank monetary policy, could shape whether Dogecoins price can capitalize on these technical signals. “If BTC holds up and Macro Economic Data and Monetary policy adjust then you just got your last opportunity to buy Dogecoin relatively cheap. A lot of factors at play and lots of work to do But the risk reward at this level is superb given the circumstances,” Kevin concluded twi weeks ago. At press time, DOGE traded at $0.1885. Featured image created with DALL.E, chart from TradingView.com

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