Dogecoin (DOGE) Price Prediction: This Might Be the Last Opportunity to Buy the Meme Coin at a Discount

Crypto analyst Kevin (@Kev_Capital_TA) suggests that Dogecoin's current market structure signals “the last opportunity” for investors to acquire the meme coin at relatively low prices.

Crypto analyst Kevin (@Kev_Capital_TA) suggests that the current market structure of Dogecoin signals "the last opportunity" for investors to acquire the meme coin at relatively low prices.

According to the analyst, several convergent technical indicators suggest that the meme coin may be setting up for a rebound from oversold territory.

On the weekly chart, several Fibonacci retracement lines may serve as support or potential downside targets for traders to watch. Around $0.158, Dogecoin is testing the 0.5 Fib level, while deeper areas include 0.618 near $0.1157, 0.65 at $0.1092, 0.70 around $0.097, 0.786 at $0.080, and a more distant 1.0 Fib labeled around $0.0942. Historically, these Fib zones have been areas where price action may stabilize if a downtrend continues.

Moreover, several Fib levels also coincide with key technical indicators. For instance, the 0.236 Fib around $0.28 coincides with a prior swing high and may serve as a potential resistance zone for bullish bets. Meanwhile, the 0.382 Fib around $0.47-$0.48 serves as a major swing high from previous rallies and may pose a stronger barrier to upside movements.

From a trend perspective, the price is hovering in the $0.16-$0.17 region, where it is retesting the broken descending trend line drawn from Dogecoin’s 2021 peaks. If Dogecoin can hold this line as support, it would reinforce the bullish scenario.

In tandem, the 200-week SMA and EMA, which are often regarded as markers of long-term market health, are situated in the approximate $0.13-$0.17 corridor. The overlap between these critical moving averages and the Fib levels underscores what Kevin sees as a strong risk-to-reward setup for long-term positioning.

He also notes that the 3-Day RSI has reached territory that he considers "historically low," hinting at a possible oversold condition.

"If BTC holds up and Macro Economic Data and Monetary policy adjust then you just got your last opportunity to buy Dogecoin relatively cheap. A lot of factors at play and lots of work to do But the risk reward at this level is superb given the circumstances. Strong employment numbers and growth are still good and inflation is coming down rapidly per @truflation data and energy costs falling are the reason.suggest

But the market is wiping out trillions of dollars of wealth everyday on pure speculation of what imaginary Tariffs are gonna do that they knew were coming and won’t effect anything if they do come. Everyone panicked sold out of everything and is glued to the screen waiting for what feels like an eternity for the other shoe to drop but it’s already fallen.

Employment numbers are phenomenal, growth is still strong, inflation is coming down rapidly per @truflation data and energy costs falling are the reason, the Fed is about to start easing again, and wars are getting ready to end soon.

So why is the market selling off so strongly? Well I think it’s pretty obvious that there is a controlled attack on the markets by the powers that be to try and derail this administration and turn the retail crowd against them because this whole sell off makes zero sense. A lot of people are gonna look real stupid when it all settles out and the truth is revealed.suggest