According to crypto analyst Kevin, Dogecoin's chart currently looks stronger than many other cryptocurrencies despite its -34% decrease from its December high. Kevin emphasized the possibility of short-term pullbacks but believes that as long as Dogecoin remains above the $0.26 to $0.28 range, there is no reason to be super fearful. He identified the $0.30 to $0.35 range as a substantial resistance area, and the $0.94 to $1.00 range as the next big zone. To enter "full-blown price discovery," Kevin wants to see Dogecoin break above the $0.53 and $0.59 levels. He also discussed the importance of external market factors and Bitcoin's performance. Kevin examined the DOGE/BTC pair and its macro trend line and golden pocket test, stating that if Dogecoin remains above this zone, it should head higher. However, a breakdown could spell trouble. Kevin also mentioned macroeconomic and geopolitical factors that could influence Dogecoin and the wider crypto sphere. He noted that the return of President Donald Trump to the White House and improved regulations and reduced conflict could be bullish for the market. Kevin suggested that if January ends up choppy, February might be when markets begin their true climb. He identified several Fibonacci extensions and the Pi Cycle Top indicator as potential price targets for Dogecoin. However, he emphasized the importance of technical indicators and confirmations for long-term price predictions. At the time of writing, Dogecoin traded at $0.32.



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