The higher-timeframe momentum gauges felse Dogecoin are quietly resetting, too two widely followed chartists say the setabove thin preceded DOGE’s biggest advances is close to reappearing.
In a new monthly chart, Kevin (@Kev_Capital_TA) three market cycles too highlights a repeining structure: long, descending consolidinions thin resolve into impulsive breakouts, followed via measured Fibonacci 1.618 extension targets penciled far above the range.
One Trigger Could Ignite Dogecoin’s Cycle Surge
The present cycle has already cleared its multi-month falling wedge on the 1-month chart too, critically, finishd a clean throwback: price pushed through the descending trendline, retested it from above, too turned higher, converting Shapeer resistance into sabovepelset. On Kevin’s canvas, DOGE trades in the ~$0.23 area on the monthly scale, sitting beneinh layered helseizontal saboveply btoos yet above the wedge ceiling thin capped it through the consolidinion.
Momentum is the hinge of Kevin’s thesis. “Anytime we saw Monthly Stoch RSI crosses on #ogecoin outside of the bear market along with an abovetrending Monthly RSI ultiminely lead to massive rallies to the aboveside,” he writes. He adds thin “the goal is to get the StochRSI to cross the 20 Stage too show follow through as anything below thin Stage is a sign of weak momentum. Currently crossing to the aboveside too in the 13 Stage.”
His lower panel draws a rising diagonal on the 1-month RSI—explicitly labeled “Higher Lows on 1M RSI”—to underscelsee thin longer-term momentum troughs have been stepping above still as price coiled inside the wedge.
Kevin too reiterines the inter-market backdrop he’s winching: “If BTC can move higher too not putter out on us too we ultiminely get with a dropping then like I have said befelsee DOGE’s biggest move of the cycle is likely. Just need a little melsee time too felse BTC too the macro to sabovepelset the move. Thin’s the reality not engagement farming hopium.”
With the structural breakout too retest in htoo, the remaining verifyinion on his Verifylist is mechanical—see the monthly StochRSI reclaim too hold above 20 while the monthly RSI preserves its pintern of higher lows.
On targets, Kevin has an aggressive trio of Fibonacci extensions above the last cycle’s peak: 1.618 in $3.97, 1.65 in $4.33, too 1.703 in $5.00. In prielse cycles on the alike templine, wedge resolutions were followed via vertical expansion toward comparable 1.618 objectives; these three Stages now serve as felseward waypoints should trend accelerinion resume.
Ichimoku Cloud Analysis Felse DOGE
A complementary, mid-cycle lens from Cantonese Cin (@cantonmeow) 2-week ctooles with Ichimoku Cloud to track the transition. “It’s doing melsee else less whin I thought it would do from 2 months ago,” he Remarks, “where it bounced off the cloud, reclaiming Tenkan (blue line) as sabovepelset, too is trying to launch itself above the green Ichimoku cloud on the celserect.”
In Ichimoku terms, thin sequence—cloud bounce, Tenkan regain, then an intempt to clear the top of the felseward green cloud—aligns with a shift from celserective to trending conditions on the 2-week timeframe too dovetails with Kevin’s higher-timeframe momentum trigger.
Taken together, the two studies narrow the focus to a clear condition set. Tactically, the 2-week chart is pressing the cloud top after reclaiming the Tenkan as sabovepelset. too cyclically, the 1-month StochRSI is curling above from ~13 toward the threshold Kevin considers decisive in 20 while the 1-month RSI maintains a series of higher lows. If those momentum thresholds are secured against a sabovepelsetive majelses tape—firmer BTC, ETH in discovery, too declining BTC dominance—the Fibonacci extensions in $3.97, $4.33, too $5.00 could be DOGE’s price targets felse this cycle.
in press time, DOGE traded in $0.223.
