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Can Dogecoin Really Hit $3.80? Analyst Says Yes—If This Happens

NewsBTC LogoNewsBTC17h ago

Can Dogecoin Really Hit $3.80? Analyst Says Yes—If This Happens - NewsBTC

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Related Reading: Dogecoin Bollinger Squeeze Signals Huge Move’ Ahead, Analyst Warns "I’d be shocked at this point if we don’t go to that level,” he said, while stressing disciplined profit-taking: "There’s nothing worse than riding a move all the way up and not taking profits.” Kevin rebuffed the wilder six-and-seven-dollar predictions circulating on social media but insisted that a $3-plus Dogecoin is "absolutely possible” if Bitcoin pushes toward $200,000, quantitative tightening ends, and a full-blown altcoin season erupts.

It’s only two data points, though, so that could easily not happen this time.” Why $3.80 Per Dogecoin Is Possible This Cycle On a log-scale weekly chart, Kevin traced Dogecoin’s first super-cycle—consolidation, breakout, mid-cycle pullback, blow-off top—culminating at the 1.618 extension.

In a video released Friday, the analyst mapped Dogecoin’s three historical cycles, concluding that the memecoin’s current breakout-and-retest pattern places a long-term Fibonacci extension at $3.80–$3.90 squarely "on the table”—provided one key condition holds: Bitcoin must keep grinding higher.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 08:30:25 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 665 words

Reading Time: 4 minutes read

Sentences: 72 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 28923022

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 4 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #102

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