Dogecoin Chart Looks Perfect: Analyst Targets $1.10$1.25 Zone

Crypto analyst Kevin (@Kev_Capital_TA) has delivered a strongly bullish outlook for Dogecoin in his latest video update, describing the meme-turned-macro assets current structure as one of the most compelling setups across the entire altcoin market. Dogecoin has one of the nicest charts, if not the nicest altcoin chart in all of altcoins, Kevin said. Next to XRP and ETH, Dogecoin got a beautiful chart.

Dogecoins Pattern Mirrors Last Bull Run

In a wide-ranging technical review covering Bitcoin, Ethereum, and macro trends, Kevin dedicated a significant section of his analysis to Dogecoin, highlighting an emerging pattern of higher lows, clean breakouts, and bullish divergences that mirror previous accumulation phases. According to him, Dogecoin is displaying what he called perfect price structurea rare quality among altcoins.

You get this bottom, you get the double bottom, you get the bullish divergence. Bang, he said while showcasing recent price action and comparing it to prior cycles. Then againyou get the bottom, the double bottom, the bullish divergence. Bang. This is literally the same thing all over again.

Kevins view is built on strong historical confluence and Fibonacci retracement zones. He noted that Dogecoins last major bull cycle saw the token top out at precisely the 1.618 to 1.703 Fibonacci extension range. By replicating the same fib structure from the most recent bottom, Kevin identified a similar target range between $1.10 and $1.25, calling it a real deal price target rather than clickbait.

Could $1.10 to $1.25 be the next target for Doge? he asked. I think if we can replicate a move like we did back in Novemberwhich we can, and if anything, we can do way betterthen absolutely. Thats the zone Im watching.

He further emphasized that the golden pocket and the 1.703 fib extension mark a crucial resistance area, just as they did in Dogecoins previous cycle. Remember this, Kevin said. You run your fibboomDogecoin tops out right at the golden pocket and the 1.703 fib. Were seeing the same thing lineup here.

Zooming out, Kevin placed Dogecoins strength in the broader context of a shifting crypto macro environment. Bitcoin dominance, he noted, is dropping sharply from the macro 0.786 Fibonacci levela move that typically allows altcoins like Dogecoin to catch a stronger bid. We are seeing exactly what we said would happen. That is: altcoins catching a bid. A really nice bid, he remarked.

The bullish sentiment extends beyond Dogecoin. Kevin noted that macroeconomic data is supportive, with declining inflation, rising GDP, strong labor markets, and easing tariff fears contributing to renewed confidence across financial markets. Everything seems to be lining up at the exact right time, he said. Weve got the macro on our side, weve got the technicals on our side, and now even Dogecoin is flashing green.

Still, he added a caveat of caution. In the short term, just be a little cautious until we break the resistance we need to break, Kevin said, referencing the broader crypto markets proximity to key Fibonacci and moving average thresholds. Treat resistance as resistanceuntil its not.

Nonetheless, Kevin concluded that Dogecoins current setup is as strong as its been in years. This is just perfect, perfect price structure, he reiterated. When the market gets going, I think this things going to perform massively.

His final message: if history rhymes, Dogecoin could be poised for a powerful move to surpass the psychological $1 mark. At press time, DOGE traded at $0.242.

Text source: NewsBTC

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