Dogecoin Poised For A Monster Rally Amid Brewing Altcoin Season
The post Dogecoin Poised For A Monster Rally Amid Brewing Altcoin Season appeared on BitcoinEthereumNews.com. In livestream that stretched beyond the hour‑mark, technical analyst Kevin (Kev Capital TA) laid out the most compelling bullish case for Dogecoin since the meme‑coin’s April lows. Speaking to a cross‑platform audience, Kevin argued that the market is standing “right on the verge of a genuine altcoin season,” and that the textbook double‑bottom visible on Dogecoin’s higher‑time‑frame chart positions the asset for what he called “a monster move” once resistance levels yield. Dogecoin Chart Turns Bullish Kevin began by situating Dogecoin inside a broader macro chessboard. This week’s cascade of inflation data—CPI and PPI prints bracketed by near‑continuous Federal Reserve commentary—could inject volatility, he conceded, but the direction of trend is already set by structural forces. “Trueflation is sitting at 1.71 percent,” he noted, adding that the crowdsourced gauge routinely prints about sixty to seventy basis points beneath official Bureau of Labor Statistics data. “Anything under two is good. It means inflation isn’t the story.” With macro risks in check, his focus narrowed to USDT dominance, the metric he has used all cycle to time rotations into riskier assets. Tether’s market‑share chart has completed a bear‑flag breakdown and is now pressing the 0.786 Fibonacci support band at roughly 4.14 percent. “When money‑flow is deep red on USDT‑D, that’s the green light for altcoins,” he said, emphasising that fresh downside in the stablecoin gauge would coincide almost mechanically with upside in DOGE. A hotter‑than‑expected CPI could deliver a short, counter‑trend bounce in USDT‑D, “but the path of least resistance is lower,” he insisted. The anchor for Kevin’s bullish thesis is an unmistakable double‑bottom on Dogecoin’s weekly chart that formed exactly on the macro 0.382 retracement of the 2024–25 advance and directly atop a multi‑year down‑trend line. “Flip the chart upside‑down,” he told viewers, “and you’d run from it—it looks like a perfect double‑top. Flip it…
The post Dogecoin Poised For A Monster Rally Amid Brewing Altcoin Season appeared on BitcoinEthereumNews.com.
In livestream that stretched beyond the hour‑mark, technical analyst Kevin (Kev Capital TA) laid out the most compelling bullish case for Dogecoin since the meme‑coin’s April lows. Speaking to a cross‑platform audience, Kevin argued that the market is standing “right on the verge of a genuine altcoin season,” and that the textbook double‑bottom visible on Dogecoin’s higher‑time‑frame chart positions the asset for what he called “a monster move” once resistance levels yield. Dogecoin Chart Turns Bullish Kevin began by situating Dogecoin inside a broader macro chessboard. This week’s cascade of inflation data—CPI and PPI prints bracketed by near‑continuous Federal Reserve commentary—could inject volatility, he conceded, but the direction of trend is already set by structural forces. “Trueflation is sitting at 1.71 percent,” he noted, adding that the crowdsourced gauge routinely prints about sixty to seventy basis points beneath official Bureau of Labor Statistics data. “Anything under two is good. It means inflation isn’t the story.” With macro risks in check, his focus narrowed to USDT dominance, the metric he has used all cycle to time rotations into riskier assets. Tether’s market‑share chart has completed a bear‑flag breakdown and is now pressing the 0.786 Fibonacci support band at roughly 4.14 percent. “When money‑flow is deep red on USDT‑D, that’s the green light for altcoins,” he said, emphasising that fresh downside in the stablecoin gauge would coincide almost mechanically with upside in DOGE. A hotter‑than‑expected CPI could deliver a short, counter‑trend bounce in USDT‑D, “but the path of least resistance is lower,” he insisted. The anchor for Kevin’s bullish thesis is an unmistakable double‑bottom on Dogecoin’s weekly chart that formed exactly on the macro 0.382 retracement of the 2024–25 advance and directly atop a multi‑year down‑trend line. “Flip the chart upside‑down,” he told viewers, “and you’d run from it—it looks like a perfect double‑top. Flip it…
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