Dogecoin at $ 1 is “ absolutely ” on the table this cycle: analyst

by Barry Solano
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Crypto Kevin analyst (@Kev_Capital_TA) reaffirmed his optimistic perspective for Dogecoin, declaring in a live flow that $ 1 thrust is “absolutely” possible this cycle – provided a critical macro and market conditions.

Kevin, a growing voice in the Crypto technical analysis, described his thesis in detail, highlighting Dogecoin resilience against Bitcoin and its technical structure as key signals. “We accumulated a punctual position in the Patreon at 14 cents. I think the average is 15-15 cents, even,” he said. “Congratulations if you have entered this game with me. Unless, really nice. “

Dogecoin’s dream at $ 1

He underlined the breakdown of Dogecoin from a reverse head and shoulder model and its current consolidation in a potential bull flag as technical proof that the momentum is being built – if Bitcoin cooperates. “If Bitcoin continues to break higher, it will break higher,” noted Kev. “If Bitcoin fails, it won’t break any more. It will fail.”

Dogecoin price analysis
Dogecoin price analysis | Source: @kev_capital_ta

This correlation underpins Kev’s wider framework for the assessment of Altcoin, which puts the Macro structure of Bitcoin and the USDT dominance at the center of any serious analysis. “You don’t really want to do too much your individual on altcoins when the domination of bitcoin is 64%. You will not get a very specific TA,” he said.

However, Dogecoin is distinguished from the Altcoin pack. Kev has shown a DOGE / BTC force as a key differentiator: “DOGE against BTC is much better than many other altcoins. Litecoin against Bitcoin? Die. Uni, Avax, dot, link – All dying. Doge is still holding. That’s why I have it. It’s my baby. “

As for the price of courses at $ 1, Kev did not chop the words, but clearly indicated that it is not only the graphics. “It would actually be quite shocking if he did not hit a dollar-once again, a contingent on Bitcoin in the direction above,” he said. “But you need a sustained bull race. You need a good monetary policy. You need a good macroeconomic environment. “”

Kev criticized the simplistic analysis which afflicted the cryptographic space, pushing the idea that Dogecoin will play simply because “it happened last cycle”. Instead, he stressed the importance of understanding economic conditions, inflation trends, federal reserve policy and access to liquidity.

“We leave a macro environment as we have never seen before,” he said, referring to the history of the Fed after tightening cycle and the uncertainty introduced by the new American commercial prices. “Dogecoin can hit a dollar. However, would I say that we have the exact environment that we mean that it is a very likely scenario? I would say that we get there – but we need more.”

He also minimized the idea that a potential approval of the Dogecoin ETF would be a decisive catalyst, unless it occurs during a full -fledged upper market. “If it happens and everything is calm … It probably won’t do his thing,” he warned. “Crypto is timing.”

In closing, Kev reiterated the disciplined state of mind he teaches his community. “Do not just remove an Altcoin table and say:” Well, this bull flag says that we are going to 32 cents “”, he said. “Look at Bitcoin. Look at the domination of the USDT. Then look at your matching graphics. It’s only then if you touch the DOGE / USD graph.”

With a deeply technical roadmap, a macroeconomic consciousness and a data -based approach, Kev has clearly explained: the Dogecoin path to $ 1 is not a hopium – it is a real possibility, if the market allows.

At the time of the press, DOGE exchanged $ 0.241.

Dogecoin price
Doge bursts, graphic at 1 day | Source: Dogeusdt on tradingView.com

Star image created with dall.e, tradingView.com graphic

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