A key technical development on the Dogecoin (DOGE/USD) chart could hint at a bullish move if current support levels hold, according to crypto market analyst Kevin (@Kev_Capital_TA). After roughly a month in a downward-sloping pattern, DOGE appears to be rebounding off the former resistance line of this channel—an event that often garners attention among traders looking for an upswing. On Sunday (Jan 19), Kevin noted that Dogecoin had been “trading in a falling channel for over a month” and was “currently back testing” the channel’s upper boundary. He emphasized that it was crucial for DOGE “to hold this and bounce,” noting that failure to do so might force a “reassessment” of the chart. Thus far, it seems the cryptocurrency is managing to defend its newfound support. DOGE briefly dipped to about $0.345 before closing two deep wick four-hour candles back above the trend line. Kevin pointed out this “nice bounce off the retest” and its alignment with key four-hour moving averages, suggesting the potential for higher prices. Related Reading
2 days ago
At press time, Dogecoin sits around the $0.38–$0.39 level, showing resilience at its former resistance-turned-support. Kevin noted: “Dogecoin is catching a nice bounce off the retest of the falling channel I have been tracking along with its key 4HR moving averages. Very nice.”
Dogecoin price analysis, 4-hour chart | Source: X @Kev_Capital_TA
Despite Dogecoin’s promising technical setup, Kevin stressed that altcoins remain heavily dependent on Bitcoin’s direction and market dominance. He referred to the ongoing crypto cycle, asserting that “we have never been in an altseason” so far in this bull run. According to Kevin, altcoins will not “durably outperform the King” unless BTC dominance falls below the 54.51% threshold and USDT dominance sinks beneath 3.7%. Related Reading
2 days ago
He also observed that Bitcoin dominance was nearing 59%, effectively “attacking the macro golden pocket” and potentially threatening altcoin performance. If BTC reestablishes its lead above these critical dominance levels, Kevin believes the short-term outlook for most altcoins—Dogecoin included—may remain constrained, even if their individual charts look constructive. Another factor adding turbulence to the crypto market is the recent memecoin launch by incoming US President Donald Trump. Kevin lamented that, in his view, the crypto market had been “the healthiest” it had looked in four years—highlighting how higher-quality utility coins were gaining traction and how investors seemed to be “fleeing to quality left and right.”
However, he claims that “in just 36 hours,” those close to Trump released a memecoin that derailed this dynamic, sparking renewed meme coin speculation and pulling many solid projects down by double-digit percentages. Despite describing this frenzy as a “temporary derailment,” Kevin believes the situation will eventually stabilize: “It may take a few weeks, but I still think we’re in a very good spot.”
For Dogecoin, the immediate signal to watch is whether it can continue holding above its retested channel line. A decisive bounce above the $0.40-$0.41 region could bolster the bullish case, especially if broader market conditions remain supportive. On the other hand, any surge in Bitcoin dominance—and the possible return of heightened meme coin mania—may introduce fresh headwinds. At press time, DOGE traded at $0.38. DOGE price bounces from support, 4-hour chart | Source: DOGEUSDT on Tradingview.com
Featured image created with DALLE, chart from TradingView.com
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His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons. Close
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Will Dogecoin Skyrocket Soon? Chart Pattern Suggests Yes

Crypto analyst Kevin (@Kev_Capital_TA) has outlined a bullish case for the Dogecoin price while identifying a final price target of $1.30, but under specific market conditions. In his technical analysis shared on X  (formerly Twitter), Kevin emphasized the importance of a critical support level and a bullish pattern currently shaping Dogecoin’s price trajectory. Key Support Level At $0.26 Critical For Uptrend
The Dogecoin price action in recent weeks has been largely on a correction path . This correction path started after Dogecoin reached $0.48 in early December 2024 and has continued until today, as the meme coin has yet to reach this level since then. The prolonged correction is starting to see some sort of bearish sentiment creeping into Dogecoin and other altcoins. Social media activity surrounding Dogecoin has also seen a noticeable decline, reflecting waning interest among many crypto market participants . Despite this backdrop, crypto analyst Kevin (@Kev_Capital_TA) maintains an optimistic outlook on Dogecoin’s price potential, provided it holds above the critical support level of $0.26. According to Kevin, this level is key to maintaining a bullish trajectory for DOGE. He noted that the meme coin’s price action is important within the context of a falling channel pattern currently forming on the Dogecoin price chart. This level is supposed to act as a foundation within the current falling channel pattern, which has been in formation since the first week of December 2024. The $0.26 level holds additional importance as it marks the lowest point Dogecoin has reached in recent weeks, notably on December 20, 2024, when the price tested this level before bouncing up quickly. As long as Dogecoin continues trading above the $0.26 threshold, the broader bullish outlook remains intact. Source: X
Measured Move Target: $1.30 Dogecoin Price After Breakout
The technical analysis identifies $1.30 as the measured move target for Dogecoin. This target hinges on the possibility of Dogecoin successfully breaking out of the falling channel to the upside. Nonetheless, reaching $1.30 from the current sentiment would require a lot of work on rebuilding momentum. This momentum would build upon the lingering bullish sentiment among some Dogecoin traders who are still waiting on a Dogecoin rally. “Measured move target of this pattern is $1.30 if it breaks out. Lot’s of work to do but will continue to monitor closely,” Kevin shared. At the time of writing, Dogecoin is trading at $0.3425 and is up by about 4.1% in the past 24 hours. It is still in the middle of the falling channel and would need to push towards the $0.4 mark in order to break to the upside. Reaching the $1.30 price target from the current price would translate to a 280% increase for Dogecoin and a simultaneous break above the current all-time of $0.7316. However, it pales in comparison to a few other projections, reaching as high as 1,000% from the current Dogecoin price. Featured image created with Dall.E, chart from Tradingview.com

Dogecoin Price Prediction: Pundit Says Expect DOGE At $1.30 If This Level Holds

Recent price movement points to a notable upside momentum for Dogecoin in the upcoming days as the general crypto market gains traction. However, certain indicators show that the dog-themed meme coin’s next upward move might be tied to Bitcoin’s price dynamics. As Bitcoin continues to be a dominant force in the crypto market, its price trajectory might act as a catalyst for broader market trends. Meanwhile, crypto expert and trader Kevin has pointed out that Dogecoin’s potential for a bullish breakout may heavily depend on Bitcoin’s next key price movement. Given that DOGE is currently stabilizing close to crucial levels, a strong move by Bitcoin could bolster the meme coin’s upward momentum, leading to a surge. With the market experiencing a notable rise in inflow , DOGE may attract the necessary momentum for a price surge, targeting key resistance levels such as the $0.40 mark. Delving into Dogecoin’s recent price action, Kevin highlighted that Dogecoin and the macro 0.5 Fibonacci extension are engaged in a fierce battle. While the Fibonacci extension marks a significant resistance, the expert noted that it is the key to revisiting the macro golden pocket. Meanwhile, Kevin contends DOGE’s success in this situation will be entirely dependent on Bitcoin’s capacity to emerge from its macro golden pocket. The development may kickstart the much-anticipated rally for the meme coin to a new all-time high . It is worth noting that Dogecoin’s macro golden pocket is positioned at the $0.49 level. Kevin claims that the level marks a critical resistance point that must be cleared before DOGE can continue its journey toward a new all-time high. The $0.49 point is the first crucial resistance zone out of the few levels pointed out by Kevin that DOGE must break for a bullish breakout. After conquering the $0.49 macro golden pocket, the expert highlighted that the next resistance sits at $0.53, a level that represents a critical Fibonacci extension point of 0.703. Following a breakout from the $0,53 mark, Kevin has underlined another critical resistance at $0.59, which he labels the “final boss,” marked by another key Fibonacci extension level at 0.786. Should the Dogecoin break the $0.59 level, Kevin is confident the next rally could push the meme coin to a new all-time high. Key Chart Pattern Emerging For DOGE
After a strong upward move at the start of the week, DOGE’s price has declined immensely, especially in the last 24 hours. While this drop threatens Dogecoin’s uptrend, it might be short-lived as a bullish formation is developing on the 1D chart. Looking at the 1d chart, Trader Tardigrade, a crypto expert, has cited an emerging Cup with Handle formation, a technical pattern that often precedes an upswing. Once the pattern fully develops and DOGE breaks out on the upside, it might trigger a bullish wave for the meme coin to higher levels. DOGE trading at $0.35 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Unsplash, chart from Tradingview.com

Dogecoin’s Bullish Case Hinges On Key Bitcoin’s Price Movement, Here’s How

Bill McEwen, former chemist at Ogston's in Inverness, with the infamous Surgeon's photograph (inset). A pharmacist who developed a wonderful chemistry with whole generations of Inverness townsfolk was laid to rest on Friday last week. Bill McEwen, past owner of Wm Ogston’s chemists, is fondly remembered by a great many for his warm and kind nature and as a consummate gentleman of the old town centre. He is also credited with playing a part in helping Nairn Golf Club, where he served as captain, successfully bid to host the 1999 Walker Cup. What far fewer of his friends and acquaintances will be aware of is Bill’s unlikely brush – of sorts – with the Loch Ness Monster. The 85-year-old, who died peacefully at his home in Westhill just before Christmas, ran Ogston’s at 18 Union Street with great success from 1971 to 1997 after buying the business from a previous owner called Santiago Penney. Under Bill’s stewardship, the 19th century founded chemist store was renowned for friendly service, attracting customer loyalty from thousands. In the days before national chains and pharmaceutical giants took a firm grip on the market, Bill would be seen daily behind the counter, mixing powders and potions and making the medicines and tablets himself. There in the basement, amid dusty storage cupboards, he unexpectedly unearthed original photographic plates from the world’s most infamous Nessie depiction, the Surgeon’s Photograph of 1933. “Interestingly, the iconic photograph of the Loch Ness Monster, the black and white Surgeon’s photograph that turned out to be fake, was developed in the basement of Ogston’s Chemists,” Bill’s eldest son of three, Kevin, recalls. The postcards chemist Bill McEwen printed using the original photographic plates of the infamous hoax Surgeon's picture of Nessie. The rear of the postcards Bill crafted using the photographic plates of the infamous Surgeon's Nessie picture. “We’ve got lots of copies of the photo because dad had them printed off when he found the original plates. “Dad also got thousands of them printed as postcards and they flew off the shelves - the tourists loved them!”
Supposedly taken by Robert Kenneth Wilson, a London gynaecologist, the picture was published in the Daily Mail on April 21, 1934. For almost 60 years, the image was considered by many to be solid proof of the beast’s existence, only to be finally exposed in 1991 as a fake crafted from a toy submarine. The fake Surgeon's photograph of 'Nessie'
As the ex-BBC newsreader turned monster hunter Nicholas Witchell recounted in his 1975 tome, The Loch Ness Story, Wilson brought in the plate negatives for Ogston's then-owner George Morrison to develop. After the job was completed, Wilson allowed Morrison to keep some, including a far less convincing second image. Rediscovered by Bill, fresh scrutiny would be cast on them in the years that followed. Bill McEwen at home. Perhaps befitting of the mysterious Loch Ness beast, when it came to clearing out Ogston’s in 1997, the photographic plates were nowhere to be found. “I searched the place from top to bottom for them before we sold Ogston’s, but their whereabouts remain a mystery,” Kevin says. Bill was born in Huntly on February 3, 1939, to parents Alistair and Molly, but when war was declared his dad went off to serve. Captured at Dunkirk, Alistair was transported to a prisoner of war camp in Poland. Bill, as a consequence, was raised and, in Kevin’s words, “spoiled rotten by a bunch of women” including mum Molly, his aunties and granny. It didn’t seem to do him too much harm. The family moved to Bonar Bridge when Alistair returned from the war to become a draper with the Co-op, as Bill’s sister Alison was born. Bill went to Dornoch Academy and his academic talents then took him to Robert Gordon University in Aberdeen, where he met wife Mo. Bill McEwen graduated from Robert Gordon University in Aberdeen. The couple married in 1964 and in 2024 celebrated their 60th wedding anniversary. Work took Bill first to London but when Kevin was born they decided to return to Scotland and settled in Kirkcudbright, Dumfries and Galloway. There Bill’s middle son Stuart was born and another move, to Ayrshire, coincided with the arrival of youngest sibling Ross. Bill McEwen (centre) and family. Left to right: Kevin, Ross, Mo and Stuart McEwen. Then came a return to the Highlands in 1971 and, with career success having brought a certain degree of affluence, Bill was able to make Ogston’s his first and favourite purchase in a chain of family shops stretching from Inverness to Buckie, Macduff and Banff. Kevin said: “There was a little cabal of chemists like Ogston’s on Union Street and Wilson’s on Queensgate. “Dad was a well-kent face among all the townsfolk. In those days, Inverness was an old-fashioned town with a High Street, no shopping malls. “They used to make up the potions and the pastes on-site, rather than have prescription tablets. My dad would be through the back making tablets and pastes, and used to have us in the shop as errand boys. People would take the bottles back and we would have to wash them out. Bill McEwen at work at Ogston's chemists in Union Street, Inverness, in the days when many medicines, pills and potions were still made on site. Now Kiku hairdressers, Bill McEwen's chemists shop was at 18 Union Street. “I guess we had thousands of people passing in and out of the doors. Once you used one chemist you liked, it tended to be yours for life.”
Bill built up a big circle of friends through his professional and social life, always enjoying evenings out with his beloved Mo and many memorable trips abroad with the family. The couple were active members of the charitable local round table and Mo became president of the National Association of Ladies Circles. Unquestionably, though, Bill’s greatest love outside of family was golf. “The number one, massive interest for dad was the golf,” Kevin recalls. “He was captain at Nairn Golf Club from 1995 to 1997, which was quite a big deal. There was a bit of rivalry between the Inverness and Nairn clubs, but he always liked the Nairn course better than Culcabock. Bill, at his favourite haunt, Nairn Golf Club. “He was instrumental in quite a few good things happening at Nairn. He proposed the creation of the Bulmer Room, an income-generating board and function room. “He was also part of the team that organised the 1999 Walker Cup when Great Britain and Ireland defeated the USA 15-9. “Over the last couple of years, dad naturally became a little bit more reclusive while he was ill, but he was a real social animal when he was younger. “It was all about going out, having fun, his golf, friends and family. “He was hoping one of his boys would take over the reins from him, but none of us were inclined, so he had to let the businesses go. “Ogston’s was the one that meant the most to him and was last to go. Bill was rarely happier than with a golf club in hand. “The way he seems to have been remembered in all the cards we’ve been getting since he died is that he was a kind and gentle man - a gentleman in the truest sense. “That’s really nice for us to hear.”
Management at Nairn Golf Club paid tribute to Bill and his part in the club’s growth and success, saying: “Bill was a very well-respected captain who was heavily involved in the development of Nairn Golf Club as a destination, including the hosting of the 1999 Walker Cup. “He will be very sadly missed and our thoughts are with his family.”
Bill’s funeral notice read:
MCEWEN
MCEWEN Peacefully, at home, after a short illness, on 22nd December, 2024, Bill McEwen, aged 85 years, 36 Burn Brae Crescent, Inverness (retired Pharmacist and owner of Ogston's Chemist, 18 Union Street, Inverness and past Captain of Nairn Golf Club). Dearly loved husband of Mo, much loved dad of Kevin, Stuart and Ross, loving grandpa of Connor and Hannah, dear father-in-law of Yvonne and beloved brother of Alison. Funeral private at Bill's request. Donations in memory of Bill can be made to Sunflower Home Care (part of Highland Hospice). Arrangements by John Fraser & Son of Chapel Street, Inverness. Do you want to respond to this article? If so, click here to submit your thoughts and they may be published in print.

REMEMBERED: Inverness chemist who rediscovered original images of the world’s most infamous Loch Ness Monster hoax

Sale of one of the UK’s oldest and largest independently owned Debt Collection Agencies
Kevin Paget, Director and Head of Deal Advisory at Mercer and Hole has advised on the sale of CCS Group Holdings Limited (London) and its wholly owned trading subsidiary Commercial Collection Services Limited (CCS) to Canadian Stock Exchange listed Everyday People Financial Corp. (TSX-V: EPF) via its subsidiary BPO Collections Ltd. Founded in 1975, CCS is actively engaged in debt collection services and is authorised and regulated by the Financial Conduct Authority. CCS works with several UK government departments and across various commercial sectors with an emphasis on supporting individuals in managing and reducing debt. The terms of the sale, that concluded November 2024, included a mixture of cash, shares in EPF, deferred consideration and earn out for a total potential consideration of £4.5m. The transaction was led by Kevin Paget, now Director and Head of Deal Advisory at Mercer and Hole LLP, supported by the deal advisory team at Menzies LLP of Dominic Howarth, Holly Caunt, Stephen Hemmings, and Scott Elsden. Legal support was provided by Helen Mead, Callum Kirk, Josie Appleyard and Jordan Whiteley from DMH Stallard LLP. Kevin Paget, Director and Head of Deal Advisory at Mercer and Hole LLP said, “I was introduced to Jon and Keith ten years ago and, after guiding them through a management buyout, have acted as an informal sounding board over the years as I watched them successfully develop and grow the business. I’m delighted to have now advised them on their exit with the sale to EPF / BPO Collections and I look forward to seeing the continued success of the business under new ownership.”
Jon Godbold – Shareholder & CEO (Retired) of CCS said, “Perhaps uniquely, I am able to provide testament to Kevin’s skills both as a buyer and vendor. In 2017, my business partner and I completed the MBO of CCS, a challenging acquisition that included lengthy and protracted negotiations with the sellers, a major client who paused their debt collection activities for six months and finding suitable funders to back the transaction. Kevin was our retained consultant, who project managed the MBO, negotiated with the sellers, raised the funding and expertly guided us throughout the transaction. In 2024, Kevin was our preferred choice to advise and lead the trade sale of the company. Every stage of the sale process was meticulously managed by Kevin and his team, maximising value through creativity, unrivalled knowledge and sheer determination. Kevin is the ultimate professional deal maker.”
Keith Steward – Shareholder & Finance Director of CCS said, “Buying and then selling a business is something I am only likely to do once. “For all the hard work we have put in through the years to build our business and grow its value, it was key we had the right advisors at these crucial two points to make sure that value was realised. Kevin led us through the MBO, negotiating with the vendors, securing the funding and guiding us through due diligence. “All very challenging, and without his invaluable advice I am not sure we would have got there. Through the sale process he has been our advisor, our negotiator and our referee. We pass on a successful business, very content that the value we added has been realised.”
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