The Dogecoin price has been consolidating below the $0.44 mark, yet positive sentiment remains strong. Crypto analyst Kevin, also known as @Kev_Capital_TA on X, believes Dogecoin could still reach between $1.30 and $1.50. He pinpointed this range as critical on his macro chart, in line with present market sentiment around Dogecoin.
This optimistic projection is based on Kevin's earlier analysis from September, revealing broader price targets as Dogecoin nears a golden cross on the weekly chart for the first time in four years. This pattern often signals sustained bullish momentum.
Back then, he forecasted Dogecoin's price range from $0.93 to $3.80, suggesting the potential to surpass 2021 highs. Dogecoin has already increased by 340%, reaching $0.44 from $0.10, reflecting Kevin's golden cross predictions.
Reaching $1.30 or $1.50 would mean further increases of 172% and 240%, respectively. The first step involves a decisive break above $0.44, followed by surpassing the all-time high of $0.7316. Dogecoin has surged 330% over the past six weeks, buoyed by favorable market conditions and technical factors.
Dogecoin fans are eagerly awaiting a crucial address by Elon Musk and Vivek Ramaswamy to Congress on December 5, potentially influencing the coin's future.
