Dogecoin’s latest market structure is “significantly better than in prior bull markets,” according to Kevin, the crypto technician known on X and YouTube as @Kev_Capital_TA. In a video released Friday, the analyst mapped Dogecoin’s three historical cycles, concluding that the memecoin’s current breakout-and-retest pattern places a long-term Fibonacci extension at $3.80–$3.90 squarely “on the table”—provided one key condition holds: Bitcoin must keep grinding higher.
“Two cycles in a row, Dogecoin has tagged the 1.618 fib extension,” Kevin reminded viewers. “Here we are in the third cycle… we have evidence to suggest it has happened 100% of the time. It’s only two data points, though, so that could easily not happen this time.”
Why $3.80 Per Dogecoin Is Possible This Cycle
Trending: President Trump Slips While Walking Up Stairs Of Air Force One
On a log-scale weekly chart,
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!