"Dogecoin's Hidden Opportunity: Analyst Spots Ideal Accumulation Window"

Crypto analyst Kevin, known on X as @Kev_Capital_TA, has identified a potential ideal accumulation window for Dogecoin. In a series of posts, he highlighted key technical indicators, regulatory conditions, and macroeconomic shifts that could converge to propel the meme-inspired asset in the near to mid-term.

Kevin points out that Dogecoin’s weekly Relative Strength Index (RSI) is currently situated at a threshold it last occupied in October of last year, when the DOGE price hovered around $0.10. According to him, this low RSI level, combined with a critical trend line that has held since early 2023, underscores a possibility of an oversold state:

“The Dogecoin weekly RSI is at the same level it was at when price was at.10 cents in October of last year. We are also at a critical trend line that we have been holding since 2023 and the macro 0.5 Fib retrace at.19 cents. Lots of oversold indicators. If you were looking to accumulate some DOGE not a bad spot to start. With proper allocations of course just in case.”

He also notes that the 3-day Moving Average Convergence Divergence (MACD) indicator is on track for a potential bullish reversal, an event he believes to be vital for timing entries and exits. This, combined with fairly high odds for a spot DOGE ETF in the United States and the expected launch of X Payments, presents an ideal opportunity:

“Odds favor by 63% a Dogecoin ETF by end of year. Imagine that and X payments after the correction is over and 3Day MACD is fully reversed. Timing is everything.”

On the macroeconomic front, Kevin references comments made by MicroStrategy founder Michael Saylor, who suggested that former US President Donald Trump’s tariffs might function as a form of stealth quantitative easing—weakening the US dollar, fueling inflation, and thereby compelling the Federal Reserve to soften interest rates or expand its balance sheet.

Kevin praised Saylor’s viewpoint: “Omg everyone look, it’s someone who understands macroeconomics and is trying to tell you what Trump’s endgame is with Tariffs. This is why I have been showing you the DXY chart