In a fresh publication dated 1 May 2025, Kevin notes that DOGE closed the April candle at $0.1795, up 4.2%, while defending two structural pillars he calls "the line in the sand”: the 0.382 Fibonacci retracement of the entire 2019-2021 advance at $0.1383 and the upper boundary of a 34-month falling wedge that originates at the May-2021 peak."DOGE held the macro .382 and the macro down-trending support that I labelled as the line in the sand and also stated was a phenomenal risk-reward opportunity,” Kevin wrote to his followers.
Previous cycle peaks, highlighted with orange circles on Kevin’s chart, all pierced the 90-point zone, implying what he calls "a ton of room to run.” The SuperTrend indicator has flipped positive but has "not yet gone vertical,” a condition Kevin interprets as latent rather than exhausted trend energy.
Analyst Reveals The Key Drivers Supporting studies paint a similar picture: the long-term MACD printed its first positive histogram bar since 2021 in February and continues to climb, while Stochastic RSI sits at 6.4 / 14.5, near oversold territory—a configuration that preceded every prior parabolic burst once the gauge crossed north of 20.
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