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While Dogecoin (DOGE) might not be dazzling in the short term, crypto analyst Kevin remains very bullish on the meme coin’s future. In a post on X (formerly Twitter), Kevin confidently stated that DOGE is following his technical roadmap to the letter – and if history is any guide, that could mean fireworks soon.
60%–150% Rally Incoming?
According to Kevin, DOGE is approaching a crucial support line that separates the bulls from the bears. To keep its bull market momentum, the coin needs to stay above $0.139. Good news: it’s currently cruising at around $0.16, well above that line, after recovering from a brief dip to $0.132 during the recent market pullback.
And here’s where things get interesting: Kevin believes this level offers a prime risk/reward setup for investors. Using the Fibonacci retracement levels as his guide, he sets the first major price target at $0.262 – that’s a 60% jump from today’s price. But he doesn’t stop there. In a full-on bull scenario, DOGE could soar to $0.41, marking an impressive 150% rally.
Technical Indicators Are Flashing Green
So, is this rally just wishful thinking? Not exactly.
Kevin points to multiple bullish indicators flashing at the same time:
- Weekly Stochastic RSI
- 3-day MACD
- 2-week Stochastic RSI
According to the analyst, all these suggest DOGE is currently oversold, meaning it might be primed for a strong bounce. In less technical terms: the stars are aligning for Dogecoin.
But Wait, There’s a Caveat…
Now, before you start daydreaming about buying a Lambo with your meme coin gains, there’s a catch.
For the bullish breakout to materialize, a few conditions need to be met:
- Bitcoin (BTC) must hold above $70,000
- DOGE must maintain weekly closes above $0.139
- And most importantly… no sudden macroeconomic chaos (which, in a world with Trump headlines and surprise Fed decisions, is never a given).
Conclusion – Memes Meet Momentum
In summary, Dogecoin may be lining up for a monster rally, provided it stays above key levels and Bitcoin keeps its cool. The combination of strong technical indicators, support zone resilience, and a clear Fibonacci roadmap suggests a meme coin moment could be on the horizon.
Whether you’re a trader, a holder, or someone who just likes pictures of Shiba Inus on the blockchain – now might be the time to keep an eye on DOGE.
Because when meme magic meets math, anything is possible.
