![\"Dogecoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/GtSjWCZWwAAA0ea.jpg?resize=1024%2C515\")
<\/p>\nCantonese Cat\u2019s first livestream in weeks, broadcast on 15 June, devoted an extended segment to Dogecoin\u2019s long-term structure\u2014and the veteran technician was unequivocal about the upside he still sees. In his words, \u201cthis is still a cup and this is still a handle,\u201d and if that formation completes he expects the meme-coin to break \u201canywhere from like $5 to $8.\u201d That target, he added, is anchored by the intersection of a monthly GAN arc and Fibonacci extensions that have governed Dogecoin\u2019s entire post-2020 advance.<\/p>\n
The analyst began by stripping the chart to its monthly timeframe and toggling off short-term clutter. He noted that Dogecoin has already tested the lower boundary of the Ichimoku cloud and, despite failing to \u201cpenetrate the monthly cloud\u201d on the first attempt, continues to coil beneath it. \u201cEven if it goes sideways for another month or two,\u201d he said, \u201cit\u2019s going to enter the Ichimoku cloud one way or another\u2014you can either push up like that or you can just go sideways and you get inside the cloud.\u201d Under either scenario, the tenor remains constructive because the price is \u201cforming higher highs and higher lows.\u201d<\/p>\n
Central to his conviction is the 20-month simple moving average, a line he regards as the spine of every major Dogecoin bull cycle. During the manic run of early 2021, price action \u201crode the 20[-month SMA] up\u201d without once breaking it; when that moving average finally failed, the bear market ensued.<\/p>\n
Today, Dogecoin sits on top of the same level. \u201cIt looks like we\u2019re able to use that as support,\u201d he argued, and that support zone\u2014currently just below the handle\u2014doubles as what he calls a \u201cbuy zone\u201d for long-horizon traders. The analyst himself \u201cwas buying more DOGE the last 4-5 days,\u201d he revealed via X.<\/p>\n
Cantonese Cat also addressed the coin\u2019s lethargy since April, insisting that the compression is constructive rather than dangerous. He pointed to the fact that Dogecoin is grinding just beneath the 0.5 log-scale retracement of the entire 2021\u20132022 decline, a behaviour he interprets as \u201cbuilding up some energy.\u201d The longer the coil, the sharper the eventual expansion, he argued, provided the higher-timeframe moving averages remain intact.<\/p>\n
Pressed by viewers about timing, the analyst declined to publish a timetable and reminded his audience that the breakout will almost certainly coincide with a broader alt-season. He did, however, flag the moment price re-enters the Ichimoku cloud as the technical \u201cgreen light\u201d for acceleration. Once that happens, the measured-move objective from the cup-and-handle and the GAN arc intersection converge in the $5\u2013$8 zone\u2014levels that would represent new all-time highs and deliver returns of roughly 3,000\u20135,000 percent from current prices.<\/p>\n
<\/p>\n
\u201cAnything that\u2019s closer to the twenty-one moving average is a good area to add,\u201d he concluded, cautioning newcomers not to chase sudden green candles but to accumulate methodically while the chart remains \u201cboring.\u201d The implication is clear: Dogecoin\u2019s dormancy may be the final shakeout before the largest impulse of the cycle, and those ignoring the calm may indeed \u201cregret sleeping on this chart\u201d if\u2014and only if\u2014the structural signals Cantonese Cat tracks fall into place.<\/p>\n
At press time, DOGE traded at $0.177.<\/p>\n
![\"Dogecoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/DOGEUSDT_2025-06-16_08-37-05.png?resize=1024%2C454\")
<\/p>\n","protected":false},"excerpt":{"rendered":"
Cantonese Cat\u2019s first livestream in weeks, broadcast on 15 June, devoted an extended segment to Dogecoin\u2019s long-term structure\u2014and the veteran technician was unequivocal about the upside he still sees. In his words, \u201cthis is still a cup and this is still a handle,\u201d and if that formation completes he expects the meme-coin to break \u201canywhere…<\/p>\n","protected":false},"author":1,"featured_media":5390,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[221],"tags":[167,168,169,166,170,171],"class_list":["post-5389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5389"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5390"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}