Cryptocurrency analyst Kevin (@Kev_Capital_TA) has provided a strong bullish outlook for Dogecoin in his latest video update, describing the current structure of this meme asset turning macro as one of the most attractive setups across the entire altcoin market. Kevin stated, "Dogecoin has one of the prettiest charts, if not the prettiest altcoin chart of all the altcoins." "Alongside XRP and ETH, Dogecoin has a nice chart."
The pattern of Dogecoin reflects the last bull run.
In a comprehensive technical review of Bitcoin, Ethereum, and macro trends, Kevin dedicated a significant portion of his analysis to Dogecoin, highlighting an emerging pattern of higher lows, clear breakouts, and bullish divergence reflecting earlier accumulation phases. According to him, Dogecoin is exhibiting what he calls a "perfect price structure"—a rare quality among altcoins.
"You have this bottom, you have a double bottom, you have bullish divergence. Boom," he said while presenting recent price action and comparing it to previous cycles. “Then again—you have the bottom, double bottom, bullish divergence. Boom. This is really the same thing again.”
Kevin's outlook is built on a strong historical confluence and Fibonacci retracement levels. He noted that Dogecoin's most recent major bull cycle saw the token peak precisely at the Fibonacci extension range from 1.618 to 1.703. By replicating the same fib structure from the most recent bottom, Kevin identified a similar target range of $1.10 to $1.25, calling it the "realistic price target" rather than clickbait.
"Could $1.10 to $1.25 be the next target for Doge?" he asked. "I think if we can replicate the move we had in November—which we can, and if we can, we can do much better—then definitely yes. That's the range I'm watching."
He further emphasized that the golden pocket and the fib extension of 1.703 mark an important resistance area, just as they did in Dogecoin's previous cycle. “Remember this,” Kevin said. “You run your fib—boom—Dogecoin topped right at the golden pocket and fib 1.703. We’re seeing the same setup here.”
Zooming out, Kevin places the strength of Dogecoin in the broader context of a changing cryptocurrency macro environment. He noted that Bitcoin's dominance is sharply declining from the macro Fibonacci level of 0.786—a move that often allows altcoins like Dogecoin to catch a stronger bid. “We’re seeing exactly what we said would happen. That is: altcoins catching a bid. A really good bid,” he commented.
The optimistic sentiment extends beyond Dogecoin. Kevin noted that supporting macroeconomic data, with decreasing inflation, rising GDP, a strong labor market, and reduced tariff concerns, contribute to newfound confidence across financial markets. He said, "Everything seems to be happening at just the right moment." "We have macro on our side, we have technical factors on our side, and now even Dogecoin is flashing green."
However, he added a word of caution. “In the short term, be a little cautious until we break the resistance level we need to break,” Kevin said, referring to the proximity of the broader cryptocurrency market to key Fibonacci and moving average resistance levels. “Treat the resistance level as resistance—until it’s not anymore.”
However, Kevin concluded that the current setup of Dogecoin is the strongest in many years. "This is just a perfect, perfect price structure," he reiterated. "When the market starts, I think this thing will perform strongly."
His final message: if history repeats itself, Dogecoin may be poised for a strong move to surpass the psychological milestone of $1. At the time of the press report, DOGE was trading at $0.242.
