Dogecoin (DOGE) is once again breaking out of a textbook falling‑wedge formation, and the analyst who anticipated the memecoin’s last three‑fold explosion thinks the stage is set for an encore. “Breaking crucial area, expecting solid bullish wave in midterm,” World Of Charts (@WorldOfCharts1) told his X followers while sharing a 12‑hour Binance chart.

Major Dogecoin Upswing Incoming?

He referenced a post from April 13 where he predicted: “Doge: We caught this big move in Oct 2024, Dogecoin went more than 3×. Now again Doge [is] on [the] verge of massive breakout… expecting 3× from here.”
The chart shows five months of compression that began when DOGE topped at just under $0.48 in early December.

Since then, every rally has stalled beneath a descending resistance trendline, which now cuts through the mid‑$0.155 zone; parallel support currently tracks the $0.14 area after cushioning a pair of capitulation wicks in March and April. The price is now breaking out of the upper boundary for the first time in almost two weeks.

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World Of Charts’ measured‑move overlay starts at the notional breakout above $0.17 and projects a vertical advance of $0.21804, implying a primary objective just shy of $0.39—a 138% gain from the trigger and within striking distance of the psychological $0.40 handle. If the setup delivers the same magnitude as last year’s wedge, the could ultimately test $0.65, completing a fresh three‑fold rally.

The time symmetry behind the call is hard to ignore: the current wedge has compressed for almost six months, mirroring the consolidation that preceded the October–December 2024 eruption from $0.11 to $0.48. Volume has thinned with each contraction cycle, a classic pre‑breakout signature, while momentum oscillators on lower time frames are beginning to tilt positive as spot reclaims its 50‑EMA.

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Other analysts remain focused on Bitcoin’s grip over market beta. “If BTC breaks above $89K and shows conviction upwards I think Dogecoin gets back to $0.26 relatively quick,” cautions Kevin (@Kev_Capital_TA). “BTC holds the cards as always, especially with BTC dominance pushing higher and monetary policy still tight.” In his analysis, $0.26 represents the 0.618 Fibonacci retracement of the November–March slide, marking the first substantive hurdle even if DOGE clears wedge resistance.

From a pure chart‑based perspective, the battle lines are now sharply drawn. A decisive daily close above trendline and a successful retest would confirm the breakout, shift the red demand band into a springboard, and expose successive targets. Failure to punch through would keep price pinned inside the pattern, with any slip below $0.15 risking a slide toward structural support at $0.13 and, in extremis, the $0.11 pivot that launched last year’s parabolic ascent.

At press time, DOGE traded at $0.1641.

Featured image created with DALL.E, chart from TradingView.com

Dogecoin’s price action continues to honor the technical “blueprint” laid out by crypto analyst Kevin (@Kev_Capital_TA), who reaffirmed on Sunday that his strategic roadmap from March 22 remains intact. The weekly chart reveals an extended descending channel drawn with multiple yellow trend lines that originated in 2021 and constricted price action throughout 2022.

Within that formation, the most critical horizontal threshold appears to be $0.139, labeled on the chart as the “Last line in the sand” and described by Kevin as essential for preserving bullish market structure. He notes that maintaining durable weekly closes above this zone is paramount for further upside, while a decisive break beneath $0.139 would nullify the bullish thesis.

Dogecoin Follows The Blueprint

Dogecoin’s retracement from highs near $0.45 earlier this year has so far been contained by a confluence of support channels and Fibonacci retracement levels. According to Kevin’s chart, the primary Fib levels span from roughly $0.049 at the lower bound (0% Fib) to around $2.268 at the 1.414 extension.

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Closer inspection shows intermediate Fibonacci markers at $0.090 (0.236), $0.138 (0.382), $0.190 (0.50), $0.262 (0.618), $0.413 (0.786), $0.542 (0.88), $0.738 (1.0), $0.934 (1.0866), and $1.543 (1.272). Since the price is hovering near $0.16–$0.17 at press time, Dogecoin has remained above the 0.382 retracement near $0.138, reinforcing Kevin’s argument that the risk-reward ratio at this level appears “absolutely phenomenal.”

Kevin’s March 22 update describes the confluence of several higher time frame indicators, including the Weekly Stochastic RSI, the 3-Day MACD, and the 2-Week Stochastic RSI, all of which he sees nearing full resets. He cites the previous weekly demand candle, which formed just above $0.139, as a key sign that buyers are stepping in to defend what he calls “the Last line of bull market support.”

The Weekly Stoch RSI on his chart is already situated at low levels, while the 3-Day MACD and 2-Week Stoch RSI appear roughly a month away from bottoming out. According to Kevin, these technical resets should serve as a springboard for Dogecoin’s next significant upward move, provided that Bitcoin, which he believes must hold above $70K in his scenario, remains stable enough to support broader market strength.

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On Sunday, Kevin reminded his audience that this strategy, first made public on March 22, is going “exactly according to plan,” given Dogecoin’s confirmed bounce around the $0.139 region and the ongoing drift toward oversold conditions in multiple momentum gauges. He disclosed that his Patreon trading portfolio holds an average entry at $0.15 for this swing and noted that a swift rejection of sub-$0.139 weekly closes, coupled with the bullish stance of the higher time frame indicators, corroborates his confidence in Dogecoin’s recovery potential.

While he acknowledges that “lots of work” still needs to be done for Dogecoin to reclaim loftier levels near the 0.618 Fib around $0.262 or even the 0.786 Fib at $0.413, Kevin maintains that his initial thesis stands as long as the meme-inspired asset preserves its foothold above $0.139. For him, the risk of a breakdown is well-defined if the pivotal support gives way, but should the level persist, he sees the upside potential extending far beyond the current range. As of now, Dogecoin’s price continues to cling to that all-important line in the sand, keeping Kevin’s bullish blueprint very much alive.

At press time, DOGE traded at $0.16493.

Featured image created with DALL.E, chart from TradingView.com

Dogecoin’s momentum has shifted dramatically following macroeconomic developments and a series of strong technical signals, according to crypto chartist Kevin (@Kev_Capital_TA). Yesterday, the broader crypto market surged after President Donald Trump announced a 90-day pause on tariffs for 75 countries, while raising China’s tariffs to 125%.

Bullish Momentum For Dogecoin

The news sent Bitcoin above the $80,000 threshold and catapulted several major altcoins, including Dogecoin, higher. “Daily Bullish divergence on Dogecoin starting to play here,” Kevin writes in his latest update, while cautioning that “obviously macro news has most to do with this, but nonetheless the charts were giving us hints ahead of time that the opportunity was not guaranteed but there.”

In the hours following the tariff announcement, Dogecoin rallied by approximately 13%, strengthening signs of a bullish divergence Kevin first flagged two days earlier. “Dogecoin came down once again to test the bull market structure ‘lines in the sand’ and somehow even though it cleanly broke through earlier in the day was able to recover and close the daily candle slightly above this support level,” he explained.

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Kevin noted the parallel between Dogecoin’s bullish divergence and that of Bitcoin on the daily time frame, suggesting that renewed optimism for DOGE may be tied, in part, to the leading cryptocurrency’s resilience above its own pivotal support.

Kevin’s outlook is rooted in a multi-week assessment of Dogecoin’s technical posture. At the end of March, he pointed to a “weekly demand candle” and the ‘Last line of bull market support.” He emphasized how crucial it remains for Dogecoin to hold above the 0.139 mark. “It will continue to be absolutely vital that Dogecoin hold this level while it resets higher time frame indicators like the 3 Day MACD, Weekly Stoch RSI and 2W Stoch RSI all of which are getting very close to being fully reset,” he said.

DOGE Price Targets

He also described the potential upside for Dogecoin as “phenomenal” relative to the risk of losing that $0.139 threshold for multiple weekly closes. The chart’s Fibonacci retracement and extension levels suggest potential technical targets for Dogecoin that remain relevant for traders seeking directional cues.

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These levels begin with the 0.236 at $0.09038, the 0.382 at $0.13827, the 0.5 at $0.19039, the 0.618 at $0.26216, the 0.65 at $0.28529, and the 0.70 at $0.3310. Higher up, the 0.786 reads $0.41339, the 0.88 is $0.54210, the 1.0 level marks $0.73839, and the 1.0866 is $0.93377.

Further on the extension side, the 1.272 stands at $1.54348, and the 1.414 appears at $2.26813. The analyst underscored that “as long as BTC holds these levels and does not lose $70K then I absolutely love this spot on DOGE,” highlighting how the broader market’s trajectory could shape Dogecoin’s path along these technical markers.

However, the coming days will reveal whether Dogecoin can build on the momentum that emerged amid the tariff-related market surge—and whether the well-worn phrase “the trend is your friend” will keep Dogecoin enthusiasts in a bullish mindset.

At press time, DOGE traded at $0.15751.

Featured image created with DALL.E, chart from TradingView.com