### **🚀 What Could Make Dogecoin (DOGE) Soar? Analysts Reveal Key Factors**

#### **📊 Technical Analysis: Is DOGE Ready to Rally?**

- **Kevin (@Kev_Capital_TA)** highlights **DOGE's critical support level at $0.138** (38.2% Fibonacci retracement from the 2021 ATH).

- The price rebounded to **$0.18**, indicating potential **trend reversal**.

- **Bullish indicators**:

- **Weekly RSI** shows higher lows (momentum strengthening).

- **1-week Stochastic RSI** has already golden crossed, while **2-week** is close behind.

#### **🎯 DOGE Price Targets According to Analysts**

- **$0.19** (50% Fib) → Nearest resistance.

- **$0.26** (61.8% Fib) → If breached, could continue to **$0.41** (78.6% Fib).

- **$0.73** (100% Fib) → Full recovery from previous declines.

- **$1+** → "Price discovery" zone if DOGE is truly bullish.

#### **💡 Supporting Factors for DOGE Rally**

1. **Macroeconomic Sentiment**:

- Positive economic data & monetary policy easing could be catalysts.

2. **Capital Flow to Altcoins**:

- If **Bitcoin Dominance (BTC.D) reaches 65.45%**, altcoins (including DOGE) could see capital inflow.

3. **Global Liquidity**:

- An increase in crypto market liquidity will drive speculative assets like DOGE.

#### **⚠️ Risks to Watch Out For**

- **DOGE still depends on macro sentiment**.

- The rally is not yet parabolic (not as strong as previous cycles).

- Needs **breakout confirmation** above $0.19 to continue rising.

### **📌 Conclusion**

- **DOGE shows bullish technical signals**, but needs macro support & capital inflow.

- **Short-term target: $0.19–$0.26**, if strong could continue to $0.41 or even $1.

- **Monitor BTC.D & US economic data** as catalysts.

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