So, the crypto rollercoaster is doing that bullish thing again, and Dogecoin—the wunderkind of meme coins—is eyeing its old crush, the $0.2 mark. According to crypto wisdom from Master Kenobi (yes, a Jedi, apparently), DOGE is gearing up to blast off like a rocket fueled by meme magic. 🚀✨
Dogecoin Price Is Doing That Trendy Cliche “Breakout From Falling Wedge” Move
Over on X (the social platform that refuses to just be Twitter anymore), our financial prophet Trader Tardigrade noticed that Dogecoin is escaping a falling wedge pattern. I mean, who even comes up with these names? He says a bullish crossover on the Stochastic RSI biweekly chart means DOGE might flirt with $0.2 soon. Because nothing screams financial advice like fancy jargon and charts that look like your toddler’s doodles.
If you thought that was wild, hold onto your hats—Trader Tardigrade also claims DOGE might outshine Bitcoin soon. Like, “move over Bitcoin, your time in the sun is over” kind of outshine. His OBV pattern on the DOGE/BTC chart is a doppelgänger of the one that made DOGE lap BTC between October and December of 2024. Spoiler: It was a good quarter for Doge.
In an impressive display of optimism (or caffeine-fueled hope), the analyst thinks Dogecoin could “drastically” outperform Bitcoin soon. Imagine DOGE strutting around with gains like it’s on a runway, aiming to hit $2.8 during the next supposed bull run. And yeah, this is the same crypto that had a meh 2024 but finished the year flexing with the best of them. 💪🐕
Also, rumor has it DOGE has hit its “Round Bottom,” which sounds like a jazz club but actually means a “massive” bull run is brewing. So get ready to pretend you were into Dogecoin before it goes big again.
Macro Chart Update: Because Fancy Words Impress People
Master Kenobi, back at it with his macro chart mojo, sees history repeating itself from the golden year of 2017. Everything’s lined up for a “massive” pump—his words, not mine. The 21-day EMA on the 3-day chart is flashing bullish signals, which is analyst-speak for “things look good.” Toss in some bullish divergence and a broken RSI trendline (because charts love drama), and you get the recipe for DOGE moon vibes. 🌝
Kenobi even threw down a prediction that the meme coin could hit a new all-time high by June. If that happens, expect a lot of Doge memes and probably an onslaught of “to the moon” tweets. 🚀📈
Right now, Dogecoin’s chilling at about $0.18, up in the last 24 hours. So maybe it’s just warming up for its next act. Or maybe it’s just really, really stubborn.
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2025-04-29 00:13