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Dogecoin (DOGE) Price Prediction: Kevin (@Kev_Capital_TA) Delivers a Strongly Bullish Outlook

2025/05/14 18:00

Dogecoin (DOGE) Price Prediction: Kevin (@Kev_Capital_TA) Delivers a Strongly Bullish Outlook

Crypto analyst Kevin (@Kev_Capital_TA) has delivered a strongly bullish outlook for Dogecoin in his latest video update, describing the meme-turned-macro asset’s 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. Next to XRP and ETH, Dogecoin is looking really nice,” Kevin said during a broad technical survey of Bitcoin, Ethereum, and macro trends.

Dogecoin Chart Shows Emerging Pattern

Kevin dedicated a significant portion 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 structure”—a 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 again—you get the bottom, the double bottom, the bullish divergence. Bang. This is literally the same thing all over again.”

Kevin’s view is further built on strong historical confluence and Fibonacci retracement zones. He noted that Dogecoin’s 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? 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. But more importantly, you’ve got the golden pocket and the 1.703 fib extension. They’re coming in handy here. Remember this—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.”

Broader Crypto Macro Context

Zooming out, Kevin placed Dogecoin’s strength in the broader context of a shifting crypto macro environment. Bitcoin dominance, he noted, is dropping sharply from the macro 0.786 Fibonacci level—a 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 bit more of a bid. And they’re getting a really nice bid. If you’re looking at the charts, you’ll notice that Bitcoin is dropping out of the 0.786 fib zone. And as we said before, when Bitcoin drops out of the 0.786 fib, usually the altcoins start getting a bit more attention.”

The bullish sentiment extends beyond Dogecoin and into macroeconomic data, Kevin said. Declining inflation, rising GDP, strong labor markets, and easing tariff fears are fueling renewed confidence across financial markets.

“Everything seems to be lining up at the exact right time. We’ve got the macro on our side, we’ve got the technicals on our side, and now even Dogecoin is flashing green. But on a serious note, I think we’re seeing a really nice setup on Doge. It has one of the nicest charts if not the nicest chart in all of altcoins. Next to XRP and ETH, Doge has some really nice structure.”

However, he added a caveat of caution.

“In the short term, just be a little cautious until we break the resistance we need to break and get some good, clean setups on timeframes that matter. But overall, I think we’re in good shape. Treat resistance as resistance—until it’s not.”

Nonetheless, Kevin concluded that Dogecoin’s current setup is as strong as it’s been in years.

“This is just perfect, perfect price structure. If anything, they’re setting up to do even better than this. And when the market gets going, I think this thing’s going to perform massively. So if history repeats itself, we could be setting up for a big move in the meme coin to take us past that psychological $1 price point.”

At press time, DOGE traded at $0.242.

原文来源:newsbtc

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