Dogecoin Eyes $1.80 In Summer Rally, Predicts Crypto Analyst

The monthly Dogecoin ranking has started echoing the rhythmic structures and charges that preceded each of the historical slopes of the meme, according to the technician of the independent market Kevin, better known on X as @kev_capital_ta.

In a new publication dated May 1, 2025, Kevin observes that Doge closed the April candle to $ 0,1795, growing by 4.2%, while he defends two structural pillars, calls “the line in the sand”: 0.382 retracing fibonacci that has obtained the May-2013 peak.

“Doge kept the macro .382 and the macro trendy support that I labeled as a line in the sand and also said that it was a phenomenal opportunity for the recharging of the risk,” Kevin wrote to his followers. “The monthly superrend has not yet become vertical in this cycle and the monthly RSI is at the same level in which it was found when Doge was at 11 cents, with a ton of space to run on the rise. Ignore the short -term noise: the path is placed and it is time to start off.”

How high can dogecoin price go?

His graphic designer reveals three consolidations in the shape of a wedge, each resolved by a vertical expansion that has been exceeded exactly to an extension of Fibonacci 1.618. The current Cuneo-Disestato with yellow trend lines parallel from a maximum of 2021-they are the rise in November 2024, tagged $ 0.48 and is now restored from above. Kevin underlines that so far the “trendy macro support” has replied as a support for textbooks and therefore maintains the price structure constructive.

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Bands of horizontal liquidity, shaded in purple, cluster at $ 1.25– $ 1.35 and $ 2.40– $ 2.60, marking the first potential distribution areas of the new cycle. Directly above the highest of those bands there is the last projection of Kevin Fibonacci, a 1,618 extension to $ 3.94. When a follower asked if his goals are still standing, Kevin replied: “It seems that I said that $ 3.90 is unlikely and $ 1.80 is also a stroke but possible depending on how high it is. Not really a target-size set that I said if BTC is really high, then also Doge will be.”

The momentum indicators lend weight to his bullish fiction. The relative monthly resistance index of 14 periods, smooth by a mobile average, is based on 51.3, seriously identical to the reading seen in December 2020 when Doge was exchanged at eleven cents. Previous Cycle Picks, highlighted with orange rims on Kevin’s graphic designer, everyone pierced the area of ​​90 points, which implies what he calls “a ton of space to run”. The superrend indicator has been launched positive but has not yet become vertical “, a condition that Kevin interprets as a latent trendy energy rather than exhausted.

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Support studies paint a similar picture: the long -term MacD printed its first positive histogram bar from 2021 to February and continues to climb, while Stocastic RSI is at 6.4 / 14.5, near the overlapping territory

Kevin incorporates his technical vision into a macro framework. “All the tests that have-so-called graphic and fundamental macro-mi allow you to find a resistant top in the BTC domain in the months of May-July,” he wrote in a separate thread. “The first time for years I have been willing to say it, but probably the monetary policy will soon align with the rankings and this is what I was waiting for.” Indicating the latest inflation data, he added:

Another leg again for inflation, up to 1.35% on fragrocal. There are four rates for the rest of the year and the quantitative strengthening will end … the path is placed for the second half of the year for BTC and Altcoin. “

At the time of the press, Doge exchanged $ 0.179.

First floor image created with Dall.e, graphic designer by tradingview.com