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 newest video replace, describing the meme-turned-macro asset’s present construction as one of the vital compelling setups throughout the whole altcoin market. “Dogecoin has one of the nicest charts, if not the nicest altcoin chart in all of altcoins,” Kevin mentioned. “Next to XRP and ETH, Dogecoin got a beautiful chart.”

Dogecoin’s Sample Mirrors Final Bull Run

In a wide-ranging technical assessment protecting Bitcoin, Ethereum, and macro traits, Kevin devoted a big part of his evaluation to Dogecoin, highlighting an rising sample of upper lows, clear breakouts, and bullish divergences that mirror earlier accumulation phases. In line with him, Dogecoin is displaying what he referred to as “perfect price structure”—a uncommon high quality amongst altcoins.

“You get this bottom, you get the double bottom, you get the bullish divergence. Bang,” he mentioned whereas showcasing current value motion and evaluating it to prior cycles. “Then again—you get the bottom, the double bottom, the bullish divergence. Bang. This is literally the same thing all over again.”

Associated Studying

Kevin’s view is constructed on sturdy historic confluence and Fibonacci retracement zones. He famous that Dogecoin’s final main bull cycle noticed the token prime out at exactly the 1.618 to 1.703 Fibonacci extension vary. By replicating the identical fib construction from the latest backside, Kevin recognized an identical goal vary between $1.10 and $1.25, calling it a “real deal price target” moderately than clickbait.

“Could $1.10 to $1.25 be the next target for Doge?” he requested. “I think if we can replicate a move like we did back in November—which we can, and if anything, we can do way better—then absolutely. That’s the zone I’m watching.”

He additional emphasised that the golden pocket and the 1.703 fib extension mark an important resistance space, simply as they did in Dogecoin’s earlier cycle. “Remember this,” Kevin mentioned. “You run your fib—boom—Dogecoin tops out right at the golden pocket and the 1.703 fib. We’re seeing the same thing lineup here.”

Zooming out, Kevin positioned Dogecoin’s power within the broader context of a shifting crypto macro surroundings. Bitcoin dominance, he famous, is dropping sharply from the macro 0.786 Fibonacci degree—a transfer that sometimes permits 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.

Associated Studying

The bullish sentiment extends past Dogecoin. Kevin famous that macroeconomic knowledge is supportive, with declining inflation, rising GDP, sturdy labor markets, and easing tariff fears contributing to renewed confidence throughout monetary markets. “Everything seems to be lining up at the exact right time,” he mentioned. “We’ve got the macro on our side, we’ve got the technicals on our side, and now even Dogecoin is flashing green.”

Nonetheless, he added a caveat of warning. “In the short term, just be a little cautious until we break the resistance we need to break,” Kevin mentioned, referencing the broader crypto market’s proximity to key Fibonacci and shifting common thresholds. “Treat resistance as resistance—until it’s not.”

Nonetheless, Kevin concluded that Dogecoin’s present setup is as sturdy because it’s been in years. “This is just perfect, perfect price structure,” he reiterated. “When the market gets going, I think this thing’s going to perform massively.”

His remaining message: if historical past rhymes, Dogecoin may very well be poised for a robust transfer to surpass the psychological $1 mark. At press time, DOGE traded at $0.242.

Featured picture created with DALL.E, chart from TradingView.com