Dogecoin's Price Structure Perfect, Targets $1.10-$1.25

Crypto analyst Kevin has expressed a strongly bullish outlook for Dogecoin, describing its current structure as one of the most compelling setups across the entire altcoin market. According to Kevin, Dogecoin has one of the nicest charts, if not the nicest altcoin chart in all of altcoins, next to XRP and ETH.

In a detailed technical review, Kevin highlighted an emerging pattern of higher lows, clean breakouts, and bullish divergences that mirror previous accumulation phases. He noted that Dogecoin is displaying what he called “perfect price structure”—a rare quality among altcoins. This pattern includes a bottom, a double bottom, and a bullish divergence, which Kevin believes is repeating itself in the current cycle.

Kevin’s analysis is based on strong historical confluence and Fibonacci retracement zones. He noted that Dogecoin’s last major bull cycle saw the token top out at precisely the 1.618 to 1.703 Fibonacci extension range. By replicating the same Fibonacci structure from the most recent bottom, Kevin identified a similar target range between $1.10 and $1.25, calling it a “real deal price target” rather than clickbait. He emphasized that the golden pocket and the 1.703 Fibonacci extension mark a crucial resistance area, just as they did in Dogecoin’s previous cycle.

Kevin placed Dogecoin’s strength in the broader context of a shifting crypto macro environment. He noted that Bitcoin dominance is dropping sharply from the macro 0.786 Fibonacci level—a move that typically allows altcoins like Dogecoin to catch a stronger bid. He remarked that altcoins are catching a bid, a really nice bid. The bullish sentiment extends beyond Dogecoin, with macroeconomic data being supportive, including declining inflation, rising GDP, strong labor markets, and easing tariff fears contributing to renewed confidence across financial markets.

Kevin added a caveat of caution, advising to be a little cautious in the short term until key resistance levels are broken. He concluded that Dogecoin’s current setup is as strong as it’s been in years, reiterating that this is just perfect, perfect price structure. His final message: if history rhymes, Dogecoin could be poised for a powerful move to surpass the psychological $1 mark. At the time of the analysis, DOGE traded at $0.242.