
Dogecoin Bullish Divergence Plays Out, Analyst Maps Next Price Targets
Dogecoinâs 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 Chinaâs tariffs to 125%.Bullish Momentum For DogecoinThe news sent Bitcoin above the $80,000 threshold and catapulted several major altcoins, including Dogecoin, higher. âDaily Bullish divergence on Dogecoin starting to play here,â Kevin writes in his latest update, while cautioning that âobviously 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.âIn the hours following the tariff announcement, Dogecoin rallied by approximately 13%, strengthening signs of a bullish divergence Kevin first flagged two days earlier. âDogecoin came down once again to test the bull market structure âlines in the sandâ 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,â he explained.Kevin noted the parallel between Dogecoinâs 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 cryptocurrencyâs resilience above its own pivotal support.Kevinâs outlook is rooted in a multi-week assessment of Dogecoinâs technical posture. At the end of March, he pointed to a âweekly demand candleâ and the âLast line of bull market support.â He emphasized how crucial it remains for Dogecoin to hold above the 0.139 mark. âIt 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,â he said.DOGE Price TargetsHe also described the potential upside for Dogecoin as âphenomenalâ relative to the risk of losing that $0.139 threshold for multiple weekly closes. The chartâs Fibonacci retracement and extension levels suggest potential technical targets for Dogecoin that remain relevant for traders seeking directional cues.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 âas long as BTC holds these levels and does not lose $70K then I absolutely love this spot on DOGE,â highlighting how the broader marketâs trajectory could shape Dogecoinâs 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 surgeâand whether the well-worn phrase âthe trend is your friendâ will keep Dogecoin enthusiasts in a bullish mindset.At press time, DOGE traded at $0.15751.