Dogecoin crashes far from finishing? The analyst reveals the target

The Dogecoin Prize continues to bleed, and the cryptography analyst Kevin (@kev_capital_ta) warns that the worst could still wait for us. Quoting an anterior lowering scheme, Kevin underlined during the weekend that the formation of the head and shoulders of Dogecoin – identified almost two weeks ago – quickly approaches his technical objective of “measured movement”. But he also clearly indicated that the full drop potential has not yet been played.

Dogecoin collapses far?

“I didn’t say that we are here now,” Kevin said in a follow -up job“The orange circle represents an area of ​​the place where the measured movement could go, with a precise target of movement of the fib .786 to .119.”

This level of $ 0.119 is aligned with a wider confluence of technical supports which quickly become critical for the Doge structure. “The head was not the shoulders that I highlighted on Dogecoin almost a few weeks ago is almost within its measurement of a measured movement target. Some daily indicators are also starting to enter the levels of incitement. Looking carefully with the domination of the BTC and the USDT for other confirmations,” he wrote.

Kevin also underlined the importance of the simple mobile average of 200 weekly (SMA) and the exponential mobile average (EMA), as well as the retracement of Fibonacci Macro .382 and a long -term descending line.

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Together, these levels form what he described as the “essential” area, in particular between $ 0.1434 and $ 0.1265. A sustained ventilation below this region would probably confirm a macro slide lag for the same assets.

What to monitor

In a zoom out, Kevin considers Dogecoin fate as inseparably linked to Bitcoin and the wider Altcoin market, which he describes as being in his weakest state for years. “So far, 2025 has been more lower for altcoins than 2024 and 2023,” he noted. “Worse year for the Alts from the bear market in 2022.” The overwhelming force of the domination of Bitcoin was a key factor in this trend.

That dominanceKevin supports, is not a temporary point. “New summits for the domination of the BTC on the back of restrictive monetary policy and an uncertain geopolitical environment,” he wrote, referring to the global macro-conditions, including the persistent quantitative tightening (QT). He has long warned that without pivot in central bank policy, any conversation of a real “season of seasonal Altes” is premature.

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“I said it since the end of 2023, at the beginning of 2024 – when IA parts were crazy and people said that it was # Altsason – that until the end of the QT and that the terminal rate drops, you will not really see durable Altcoin outperformance. It continues to remain true. »»

His prudence extends far beyond Dogecoin. In previous articles, Kevin has identified key danger zones for Bitcoin and Ethereum, which, according to him, must be recovered to avoid broader deterioration of the market. “As long as BTC cannot break the level of $ 106.8,000 and show real follow-up on 3D-1W deadlines, then the market is real,” he wrote. “Ditto so that ETH cannot break the level from 2,700 to $ 2,800.”

For Dogecoin merchants, the message is clear. The fate of the same corner is based not only on its own technical health, but on a wider macro and intermarket structure which remains fragile. As long as bitcoin has trouble maintaining key escape levels and American monetary conditions Stay tight, the probability of a deeper correction of Dogecoin remains high.

That DOGE can stabilize above the level of $ 0.1265 will be closely monitored by merchants in the days and weeks in advance. A loss of this zone, in particular in conjunction with a renewed weakness of bitcoin, could mark the beginning of a deeper and painful phase for the memes piece formerly loved.

At the time of the press, DOGE exchanged $ 0.152.

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