Is Dogecoin Poised for Another Hilarious Rally Against Bitcoin? Find Out!

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Ah, Dogecoin! The meme coin that has somehow found itself in a position of dignity once more, currently at a rather significant support level against Bitcoin. This particular level, mind you, previously sparked a glorious bull run back in 2021, and now it seems we may be heading for round two. This little tidbit of information comes courtesy of the ever-so-optimistic crypto analyst, MasterAnanda, who seems to be under the belief that history is about to repeat itself. But let’s be honest, with Dogecoin, anything can happen, right? 🚀

Dogecoin Revisits Its Favorite Support Zone Against Bitcoin

MasterAnanda, in all his infinite wisdom, points out that Dogecoin has waltzed back into the historical support range against Bitcoin. You know, that area of support that worked wonders in 2021. Well, in a classic case of “what goes up, must come down,” this range was once a resistance zone. It was a resistance zone so stern, so resolute, that it left even the bravest of investors quaking in their boots. But fear not! The mighty Doge surged past that barrier to new heights, and in case you missed it, outperformed Bitcoin during the fifth wave of the bull run. Impressive, isn’t it? 💥

As the years went by, this once-stubborn resistance transformed into support, and it’s held strong across multiple retests. For example, June 2022 came around and the support zone was put to the test. Then, like clockwork, the support was once again tested in late 2023, early 2024, and just before 2025’s curtain call. Each time, like a true champion, Dogecoin bounced back, proving that this blue zone is not just any ordinary zone, but the *zone* for those brave enough to ride the Doge train to who-knows-where.

Right now, Dogecoin’s price action against Bitcoin is forming a “higher low” within this very same blue zone. Translation: It’s looking positively bullish! And according to MasterAnanda, this is “the best entry range possible.” Now, that’s some confidence, isn’t it? But then again, when has Dogecoin ever played by the rules of logic? 🤔

What Could Happen Next For DOGE?

If Dogecoin decides to repeat its previous heroic bull run, well, it might just use this consolidation phase as a springboard to skyrocket once again. The thought of Doge bouncing above the blue zone and outperforming Bitcoin sends shivers of excitement down the spines of retail traders everywhere. But wait—Bitcoin, with its institutional traders and market dominance, has been the true ruler of this crypto kingdom since late 2023. So, who knows if Dogecoin will be able to topple the mighty Bitcoin? 🏰

And yet, the winds of change are blowing, and Dogecoin is increasingly becoming the darling of retail traders. All it would take is one little bullish catalyst to send those fresh inflows rushing to the meme coin like a pack of hungry wolves. 🐺

On MasterAnanda’s weekly chart, a clear Fibonacci extension is flashing a beacon toward new all-time highs, should Dogecoin bounce from its blue zone. At the time of writing, the Dogecoin/Bitcoin pair is trading at 0.00000185. To put things into perspective, the 2021 all-time high is a mere 630% away, sitting at 0.00001350. Talk about potential for outperformance! 😎

As of now, DOGE is trading at $0.162, up by 4.2% in the past 24 hours. Meanwhile, Bitcoin is trading at $87,390, up by 3.8% in the same timeframe. Who’s keeping score here? 😂

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2025-04-22 01:18