Buy dogecoin now? Analysts say this is the spot

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This article is also available in Spanish.

Crypto analyst Kevin (known in X as @kev_capital_ta) outlined what is considered a potentially ideal accumulation window for Dogecoin. In a series of posts, he highlighted key technical indicators, regulatory conditions and macroeconomic changes. This could converge in order to drive meme-inspired assets from the medium to medium term.

Why buying Dogecoin might be a good idea

Kevin points out that Dogecoin’s weekly relative strength index (RSI) is currently located at a threshold occupied last October, when Doge Price hovered around $0.10. According to him, this low RSI level is combined with a key trendline held since early 2023, highlighting the possibility of an overstatement.

“The DogeCoin Weekly RSI is at the same level as the price was .10 cents last October. It also has an important trend line that we have held since 2023, and a macro 0.5 FIB retrace at .19 cents. There are plenty of excess metrics. If you’ve been wanting to accumulate some doges, it’s not a bad place to start. Of course, there’s a good allocation.”

He also notes that the three-day moving average convergence divergence (MACD) indicator is on track for a potential bullish reversal. This, coupled with the rather high odds of the US Spot Doge ETF and the expected launch of X Payments, presents an ideal opportunity. Imagine X payment after the fix is finished and the 3-day MACD has completely reversed. Timing is everything. ”

On the macroeconomic front, Kevin refers to comments made by MicroStrategy Founder Michael Saylor. Michael Saylor suggested that former US President Donald Trump’s tariffs could serve as a form of quantitative stealth easing. It will expand the US dollar, thereby strengthening the Federal Reserve and expanding the balance sheet.

Kevin praised Saylor’s perspective. This is why he showed us the overlayed DXY charts in Altcoins compared to his last administration. ” Kevin argues that such macro dynamics can quickly turn liquidity back into risk markets, especially altcoins.

Another important factor, Kevin said, is President Donald Trump’s pro-cryptostance. Kevin recognizes the ongoing regulatory development as a historical advantage for the industry. “Let it break it down for you. We have the most bullish and free regulatory environment in cryptography history, the largest popular adoption in history. At the same time, we have the worst monetary policy and macro environment in cryptography history. One of them will inevitably change quickly, the other will continue to grow. Sign up.”

While noting that there is no risk-free entry point, Kevin’s analysis suggests that he views current landscapes (technical, macroeconomic, regulatory) as a particular supporter of those seeking to accumulate Dogecoin. It remains to be seen whether the RSI, critical trend lines, and looming macroshifts will eventually align and trigger a sustained bullish swing.

At the time of pressing, Dogecoin was traded for $0.20.