NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Dogecoin Teeters Between ‘Price Discovery’ And ‘Catastrophe’: What’s Next?

Jake Simmons
Jake Simmons
4 months ago
4 mins read
Dogecoin price news

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

The Dogecoin price is currently down -34% from its December 8 high at $0.4843. But according to crypto analyst Kevin (@Kev_Capital_TA), DOGE has one of “the better looking” charts at the moment. In a new Broadcast on X, he offered an in-depth look at Dogecoin, the broader market environment, and key technical indicators.

Dogecoin: Price Discovery Or Catastrophe?

Despite the current retracement, Kevin believes Dogecoin’s chart “looks really nice at the moment” and appears stronger than many other cryptocurrencies: “This is a stronger coin compared to a lot of the market. I mean, Doge really does look good here. […] Can it not look good in a week from now? Of course it can, but it looks really good at the moment.”

However, he emphasized the possibility of short-term pullbacks—something that could bring Dogecoin down to the $.026 region: “In the short term, could we come back down and test 26 cents? Which I’m gonna throw that out there […] I see no real reason to be uber bearish […] but is it possible that we come back down here? Sure.”

Related Reading

Dogecoin

Dogecoin Price Could Soar To $23 Based On These Bullish Fractals

4 months ago

The $0.26 to $0.28 range emerged as the critical juncture for Dogecoin’s near-term outlook: “As long as we remain above this 28 to 26 cent level […] I see no reason to be super fearful. If we pierce that level […] A loss of $0.26 cents on weekly closes would be catastrophic.”

Kevin traced this specific target back to November, when he first suggested Dogecoin would revisit the golden pocket near $0.26. According to him, many were skeptical, but that level eventually got hit: “I took a lot of heat for making that call back in early November when we were at 45 cents […] We ended up coming back down and testing that.”

Dogecoin price analysis
Dogecoin price analysis, weekly chart | Source: @Kev_Capital_TA

Looking to the upside, Kevin pinpoints a substantial resistance area between $0.30 and $0.35, calling it “big, big resistance.” Following that, he labels $0.94 to $1.00 as his “next big zone,” though he cautioned traders against assuming a guaranteed climb.

For Dogecoin to breach previous all-time highs and truly enter “full-blown price discovery,” Kevin wants to see a break above the 0.703 and 0.786 Fibonacci retracements—roughly $0.53 and $0.59 cents, respectively: “I don’t see anything holding Dogecoin back from full-blown price discovery […] We want to break 53 cents […] and then the 0.786 at 59 cents. If we’re durably breaking past that 60 cent area, I don’t see anything holding Dogecoin back.”

Drawing parallels to past market cycles, Kevin highlighted how Dogecoin historically checks in with its “bull market support band” and macro support levels before rallying: “We came back, we tested structure support […] bull market support band in this cycle. This is very similar to [the previous cycle]. You can’t deny the similarities.”

He described how Dogecoin’s present chart mirrors its cycle patterns “almost insanely,” referring to a breakout followed by a falling wedge, an initial climb, and a retest of macro support: “Crypto has this insane innate ability to follow its cyclical nature of performance […] it’s truly amazing, really.”

Related Reading

Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details

Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details

4 months ago

Despite Dogecoin’s cyclical consistency, Kevin reminded viewers that external market factors and Bitcoin’s performance (which he called “the leader of the market”) could always derail patterns: “We obviously need Bitcoin to cooperate. We can’t have any crazy situations happen globally.”

Kevin also examined the DOGE/BTC pair, noting a macro trend line and a golden pocket test: “We have this macro trend line […] we broke through that and we came back in. We’re currently at the bull market support band […] We came back and tested the macro golden pocket again.”

He stressed that if Dogecoin remains above this zone on the DOGE/BTC chart, it should head higher. A breakdown, however, could spell trouble: “Kind of like that 26 cent level […] if we come down and break […] it will coincide with a break of the bull market support band and this macro golden pocket, in which case we can be in some pretty deep s**t.”

DOGE/BTC chart
DOGE/BTC weekly chart | Source: @Kev_Capital_TA

Kevin also delved into macroeconomic and geopolitical factors that could influence Dogecoin and the wider crypto sphere. He posited that the President Donald Trump returning to the White House in January is “very bullish” if it leads to improved regulations, reduced conflict, and pro-growth policies: “We have Trump coming in the office in January, meaning we’re going to have a crypto-friendly administration […] If we can get the Ukraine and Russia war ended, that’s going to be bullish for markets […] We can get inflation back down to 2% and then start lowering interest rates faster.”

When And How High Will DOGE Rise Again?

From December dumps to Q1 optimism, Kevin noted how market participants often front-run expectations by about a month. He suggested that if January ends up choppy, February might be the point when markets begin their true climb: “Everyone thought October was going to be bullish. October was not bullish. November was bullish. Now everyone thinks January is going to be bullish […] Maybe February is bullish.”

When pressed for specific price targets, Kevin pointed to several Fibonacci extensions and the Pi Cycle Top indicator on the Dogecoin chart: “If we break through previous all-time highs, the next resistance zone is going to be $0.94 up to $1.32 […] If we break through $1.32, the next big resistance zone that I’m eyeing is $2.19 up to $2.78.”

However, he made it clear that any long-term price predictions depend heavily on technical indicators and confirmations. He highlighted multiple monthly indicators—MACD, RSI, Stoch RSI, and the Pi Cycle Top—as potential signals to exit positions: “I don’t care what the price is at that point […] once we get up into that zone, I’m taking profits off the board. If the monthly indicators start flashing, I’m getting out.”

At press time, DOGE traded at $0.32.

Dogecoin price
DOGE price, 1-day chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
Tweet123Share196ShareSend
Jake Simmons
Jake Simmons

Jake Simmons

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

Read more

His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.

For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.

As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.

In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.

You can engage with his latest takes on Twitter: @realJakeSimmons.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

Dogecoin To $2 Could Be Next If DOGE Holds This Level: Analyst

An analyst has explained how Dogecoin could observe a significant rally next if its price can hold the bottom level...

Keshav Verma 1 month ago
Dogecoin

Dogecoin’s Fate Hinges On $0.16—Breakout Or Breakdown Ahead?

Dogecoin is at a critical point, with its price hovering around $0.16. Traders are watching closely, as this support level...

Christian Encila 1 month ago
Dogecoin koers crasht 5%, zakt richting $0,1750 support – waarom dalen crypto memes?

Dogecoin koers crasht 5%, zakt richting $0,1750 support – waarom dalen crypto memes?

Over het algemeen zien we dat meme coins veel volatieler zijn dan andere cryptocurrency. Dit komt doordat ze vaak hype-based...

Lars Diederiksen 1 month ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum, Dogecoin Lead Large Cap Losses As Bitcoin Moves Into Bear Market Territory

Scott Matherson 1 month ago
Dogecoin price news

Dogecoin’s Darkest Hour? Sentiment Tanks, Whales Accumulate

Jake Simmons 1 month ago
Dogecoin (DOGE) Under Pressure

Dogecoin (DOGE) Under Pressure—Continues Sliding Into Bear Territory

Aayush Jindal 1 month ago

Premium Partners

Top Brands

Press Releases

  • LimeChain

    LimeChain – Builders of Web3 Step into the FIA...

    2 months ago
  • Ripple XRP Investors Making $13,000 Per Day with This Cloud...

    2 months ago
  • How To Make $99k Daily Despite Crypto Market Fluctuations...

    2 months ago
  • EstateX Sells Out the First Tokenized Property in Under...

    2 months ago
  • BlackFort Exchange Network (BXN) Joins Biconomy.com...

    2 months ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.