Buy Dogecoin Now? Analyst Says This Is the Spot
Crypto analyst Kevin (called @KeV_Capital_ta on X) outlines what he believes is a potential ideal cumulative window for Dogecoin. In a range of positions, he highlights key technical indicators, regulatory conditions and macroeconomic shifts that may converge in the near-medium term to drive meme-inspired assets.
Why buying Dogecoin now might be a good idea
Kevin Point out Dogecoin’s weekly relative intensity index (RSI) is currently at the threshold of last October’s last occupation, when Doge prices hovered around $0.10. According to him, this low RSI level combined with a key trend line that has been around since the beginning of 2023 highlights the possibility of a hypercost state:
“Dogecoin Weekly RSI is at the same level of price at 0.10 cents last October. We have been at the key trend line since 2023, while the return trip of the macro 0.5 FIB is 0.19 cents. Many oversell indicators. If you want to accumulate some George, this is not a bad start. Of course, the proper allocation is just in case.”
He also noted that the 3-day moving average convergence difference (MACD) indicator is working to have potential Bullish reversalhe believes that this event is crucial for timing entries and exits. This offers an ideal opportunity with fairly high odds with the live Doge ETF in the United States and the expected X payment launch: “Odds are favorable than 63% Dogecoin ETFs until the end of the year. Imagine that after the correction is over, the X payment and the X payment are over, and the 3-day MACD is completely opposite. Time is everything. ”
In terms of macroeconomics, Kevin Trump’s tariffs It could be a form of invisible quantitative easing – promoting dollar inflation, which forces the Fed to lower interest rates or expand its balance sheet.
Kevin praised Saylor’s point: “Oh my goodness, everyone is looking at macroeconomics and trying to tell you what Trump’s final game is with tariffs. That’s why I keep showing you the DXY charts that compare with Altcoins to his last administration.” Kevin thinks this Macro dynamics Liquidity can be brought back to risk markets quickly, especially Altcoins.
Another key factor, Kevin believes, is President Donald Trump’s pro-Cretto position. Kevin believes that the ongoing regulatory developments are historically beneficial to the industry: “Let me break it down for you. We have the most bullish, liberal regulatory environment in crypto history, and the largest bulk adoption in history. Meanwhile, we have the worst monetary policy and macro environment in crypto history. One of them will inevitably change and the other will continue to grow. Sign up for me.”
Kevin’s analysis warns that there is no entry point without risk, but he believes that the current landscape (technical, macroeconomic and regulatory) is particularly supportive of those who want to accumulate Dogecoin. Whether RSI, the critical trend line and imminent macro changes will eventually trigger a sustained bullish swing remains to be seen.
At press time, Dogecoin’s trading price was $0.20.
Featured Images created with dall.e, Charts for TradingView.com
