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Dogecoin To $1 Is ‘Absolutely’ On The Table This Cycle: Analyst

by Jake Simmons
May 22, 2025
in Cryptocurrency
Reading Time: 5 mins read
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Crypto analyst Kevin (@Kev_Capital_TA) reaffirmed his bullish outlook for Dogecoin, stating in a stay stream {that a} surge to $1 is “completely” potential this cycle—offered a important set of macro and market circumstances fall into place.

Kevin, a rising voice in crypto technical evaluation, outlined his thesis intimately, highlighting Dogecoin’s resilience towards Bitcoin and its technical construction as key alerts of power. “We had been accumulating a spot place within the Patreon at 14 cents. I feel the common is 15—proper at 15 cents even,” he mentioned. “Congratulations if you happen to bought into that play with me. Trying actually, very nice.”

The $1 Dogecoin Dream

He pointed to Dogecoin’s breakout from an inverse head-and-shoulders sample and its present consolidation inside a possible bull flag as technical proof that momentum is constructing—if Bitcoin cooperates. “If Bitcoin continues to interrupt increased, then it will break increased,” Kev famous. “If Bitcoin fails, then this won’t break increased. It’s going to fail.”

Dogecoin price analysis
Dogecoin value evaluation | Supply: @Kev_Capital_TA

That correlation underpins Kev’s broader framework for altcoin analysis, which places Bitcoin’s macro construction and USDT dominance on the middle of any severe evaluation. “You don’t actually need to be doing an excessive amount of particular person TA on altcoins when Bitcoin dominance is at 64%. You’re not going to get very correct TA,” he mentioned.

Nonetheless, Dogecoin stands aside from the altcoin pack. Kev confirmed Doge/BTC power as a key differentiator: “Doge versus BTC is holding up significantly better than quite a lot of different altcoins. Litecoin versus Bitcoin? Dying. UNI, AVAX, DOT, LINK—all dying. Doge continues to be holding up. That’s why I personal it. That’s my child proper there.”

As for the $1 value goal, Kev didn’t mince phrases, however made it clear it’s not nearly charts. “It truly could be fairly stunning if it didn’t hit a greenback—once more, contingent on Bitcoin heading increased,” he mentioned. “However you want a sustained bull run. You want good financial coverage. You want a great macroeconomic surroundings.”

Kev criticized the simplistic evaluation plaguing the crypto house, pushing again on the concept Dogecoin will moon simply because “this occurred final cycle.” As an alternative, he emphasised the significance of understanding financial circumstances, inflation traits, Federal Reserve coverage, and liquidity entry.

“We’re popping out of a macro surroundings the likes we’ve by no means seen earlier than,” he mentioned, referencing the Fed’s historic post-COVID tightening cycle and the uncertainty launched by new US commerce tariffs. “Dogecoin can hit a greenback. Nevertheless, would I say that we’ve got the precise surroundings we need to say that’s a extremely possible situation? I’d say we’re getting there—however we’d like extra.”

He additionally downplayed the concept a possible Dogecoin ETF approval could be a decisive catalyst, until it occurs throughout a full-blown bull market. “If it occurs and every thing’s quiet… it most likely gained’t do its factor,” he warned. “Crypto’s about timing.”

In closing, Kev reiterated the disciplined mindset he teaches his group. “Don’t simply pull up an altcoin chart and say, ‘Properly, this bull flag says we’re going to 32 cents,’” he mentioned. “Watch Bitcoin. Watch USDT dominance. Then take a look at your pairing charts. Solely then do you have to contact the Doge/USD chart.”

With a deeply technical roadmap, macroeconomic consciousness, and a data-driven strategy, Kev made one factor clear: Dogecoin’s path to $1 isn’t hopium—it’s an actual risk, if the market permits it.

At press time, DOGE traded at $0.241.

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

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



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