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Home»Altcoins»Macro Target Verbijsts at $ 2.31
Altcoins

Macro Target Verbijsts at $ 2.31

2025-09-26No Comments4 Mins Read
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The weekly graph of Dogecoin flashes one of the most recognizable continuation structures of technical analysis, in which crypto-analyst Badger (@Badger0102) maps a potential macro cup and handle that spans the entire cycle of 2021-2025 and strands above the previous peaks. “Doge 1W – Potential Macrobeker and designing handle,” the trader written In addition to a trade view screenshot from Doge/USD (Binance). At the time of the graph, the price printed around $ 0.2268, directly sitting between 0.50 and 0.618 Fibonacci retracements of the measured movement.

Dogecoin Cup and Handle Signals Explosive potential

The “Cup” section follows a multi-year bassbow of the Euphoric 2021-Blads due to a long-term decline in the trough in 2022-2023 and a completed recovery that accelerated in 2024 in 2024. That left edge defined by the distribution area 2021 and a striped, descaling, the Distributing, Distributing, Depronted, Distributed, Distributed, Distributed, Distributed, Distributed, Distributed, Distributed, Distributed, Distributed, Distributed, Distributed Departed, Distributed, Distributed Departed 2024 preliminary output.

Related lecture

The low point of the base is aligned with the 0.00 fibonacci -anchor near $ 0.0491, while the right edge formed during the Q1 -Q2 2025 stink that stood just below 0.786 Retracement on ~ $ 0.4181 and the structural “lip” at ~ $ 0.5490.

Dogecoin cup and handle pattern, monthly graph
Dogecoin Cup and Handle Pattern, Monthly graph | Source: X @Badger0102

After that rise, Doge cut a classic “handle” bullet in mid-2025, with a bottom in the region of $ 0.14-the 0.382 retracement with ~ $ 0.1391-Voordat it turns higher. The rebound has since recovered the 0.50 at ~ $ 0.1919 and presses to the 0.618 on ~ $ 0.2646, the first key level -Bulls must make clear to retain the structural geometry of the handle. As drawn, the depth of the handle remains proportional (about a recoil of 38-50% of the right-hand edge progress), so that the validity of the pattern is retained on a weekly time frame.

See also  Key Requirements for Spot XRP ETF Approval Revealed Amid 4,500% Price Surge

The graph lays an ordered ladder of resistors and goals must keep the momentum. Above $ 0.2646 (0.618) the neckline/rim zone of the structure between the middle $ 0.30s and low $ 0.40s, covered by the 0.786 on ~ $ 0.4181.

A weekly close by that band would form the break-and-handle-breakout of the textbook and measures measured-mot and extension objectives higher the stack: 0.886 on ~ $ 0.5490, the 1,000 extension near ~ $ 0.7488 and the 1.128 at ~ $ 1.0611. The focal marker of the graph is a marked circle at the ** 1,414 Fibonacci extension – suitable $ 2,3119 – signed up if the macro target as the pattern completes and expand trends.

Related lecture

On the other hand, the structure of the handle offers a clear invalidation card. Immediate support is based on the 0.50 ($ ~ 0.1919), followed by $ ~ 0.1391 (0.382) and $ ~ 0.0934 (0.236). A long -term loss of the handle low in the middle of $ 0.15s would undermine the pattern, which makes an efficiency to the deep base tape above $ 0.05 anchored at $ 0.0491.

Contextually, the multi-year completion base underlines a significant shift from distribution to accumulation, according to the interruption of the long dotted line of the 2021 High until 2022-2023. The right-hand side and orderly handle-racement match the classic momentum break continuation of order technicians looking for higher timetables.

However, confirmation remains conditional with Follow-through: Bulls must absorb the range in $ 0.26- $ 0.27, the $ 0.35- $ 0.42 Rand attack and then register a weekly outbreak with the expanding range to activate the upper Fibonacci goals.

At the time of the press, Doge traded at $ 0.225.

See also  Dogecoin's rebound is gaining momentum amid DOGE ETF activity and renewed demand for memecoins
Dogecoin -price
Dogecoin price, 4-hour graph | Source: Dogusdt on TradingView.com

Featured image made with dall.e, graph of tradingview.com

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Macro Target Verbijsts
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