• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Dogecoin

Can Dogecoin Realistically Reach $1? Analyst Sees Strong Setup

n70products by n70products
May 12, 2025
in Dogecoin
0
Can Dogecoin Realistically Reach ? Analyst Sees Strong Setup
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Motive to belief

logo

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by trade consultants and meticulously reviewed

The best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Este artículo también está disponible en español.

Dogecoin’s muted spring rally has reignited a perennial retail query: can the world’s best-known meme coin break the $1 barrier earlier than the present market upswing exhausts itself? In a 13-minute market replace printed on Sunday, impartial strategist Kevin—recognized on-line as Kev Capital TA—answered with an unequivocal “sure,” pointing to a confluence of long-term Fibonacci targets, momentum indicators and a macro backdrop he believes is lastly turning supportive for high-beta crypto belongings.

Is $1 Real looking For Dogecoin?

“Can Dogecoin hit $1 this cycle? The reply is sure, it completely can,” Kevin instructed his followers on the outset of the video. He argued that Dogecoin is now in its third main cycle and has traditionally advanced to the 1.618 Fibonacci extension on the month-to-month chart. That extension at the moment sits at roughly $3.80, “effectively above a greenback,” he famous, whereas stressing that citing the extent is “not a value name” however a solution to body upside potential.

Associated Studying

Kevin’s conviction rests on momentum gauges that, in his studying, present Dogecoin barely warming up. On the month-to-month relative-strength index, he traced an ascending pattern that has been intact because the post-Luna crash lows in June 2022. “We hit roughly 50 cents with the month-to-month RSI at 75,” he stated, including that in prior cycles the indicator climbed to not less than 89.4. “Look how a lot room we’ve got to go.” A recent bullish crossover within the month-to-month stochastic oscillator would, in his view, affirm the transfer.

Dogecoin price analysis
Dogecoin value evaluation | Supply: YouTube

The analyst additionally linked Dogecoin’s prospects to a macro combine he characterises as more and more benign: expectations for US fee cuts, a deceleration in quantitative tightening and an increase in world liquidity. He contended that these forces, coupled with a downturn in Bitcoin dominance that his desk known as on 28 April at 65.45%, create the situations for a basic “alt-season.” “Altcoins are oscillators to Bitcoin… financial coverage being simpler on the financial system is what drives that liquidity into the market,” he defined.

Key chart landmarks stay in focus. Kevin cited a “excellent inverse head-and-shoulders” accumulation which he entered at a mean value of $0.15—now “up 65–70%”—and set sequential aims at $0.48 and the earlier all-time excessive close to $0.74. The $1 stage would comply with provided that liquidity traits proceed to enhance and Bitcoin dominance “durably” breaks down. “Realistically, if we hold seeing this path of easing financial coverage… we will completely see Dogecoin at a greenback by the tip of the 12 months,” he concluded.

Associated Studying

Sceptics may flag Dogecoin’s 2021 spike—fueled by social-media fervour and Elon Musk’s “Saturday Night time Reside” look—as a one-off occasion; Kevin counters that the identical Pi-cycle moving-average pair that nailed prior tops is “nowhere close to crossing,” implying headroom earlier than froth returns. The shorter-term yellow common, he stated, “received’t even begin shifting larger till Dogecoin hits 40 to 41 cents,” leaving a notional 145% cushion between at the moment’s value and $1 even in an advancing market.

Though Kevin acknowledged that “we’re right here to earn money, we’re not right here to get connected,” he tempered expectations of parabolic targets circulating on social media. “We’re not going to show this right into a Dogecoin to $35 video… This can be a video primarily based on information,” he instructed viewers, urging them to deal with $1 as an bold however data-driven milestone moderately than a assure.

With Dogecoin hovering close to $0.25 at press time, the meme coin would want a four-fold rally to tag the psychologically potent greenback mark.

Dogecoin price
DOGE might escape, 1-day chart | Supply: DOGEUSDT on TradingView.com

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



Source link

Tags: AnalystDogecoinReachRealisticallySeesSetupStrong
Previous Post

Ethereum flips Coca-Cola and Alibaba as ETH gains 42% in 5 days

Next Post

As Ethereum nears $2.8K, profit-taking causes concern: What’s ahead for ETH?

Next Post
As Ethereum nears .8K, profit-taking causes concern: What’s ahead for ETH?

As Ethereum nears $2.8K, profit-taking causes concern: What's ahead for ETH?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Resolution to kill IRS DeFi broker rule heads to Trump’s desk

Resolution to kill IRS DeFi broker rule heads to Trump’s desk

March 27, 2025
Bitcoin miner Hut 8 grows hashrate 79% despite 4M quarterly loss

Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss

May 8, 2025
Cantor nears bn crypto venture with SoftBank and Tether

Cantor nears $3bn crypto venture with SoftBank and Tether

April 23, 2025

Recents

Who are the companies hoarding bitcoin?

Who are the companies hoarding bitcoin?

June 22, 2025
Bitcoin On-Chain Metrics Crash To Bear Market Levels Despite Price Sitting Close To ATH

Bitcoin On-Chain Metrics Crash To Bear Market Levels Despite Price Sitting Close To ATH

June 22, 2025
Florida Investor Sues Denver Crypto School Over 0K Scam

Florida Investor Sues Denver Crypto School Over $860K Scam

June 22, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report Ripple SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version