Will Dogecoin Bounce Back or Just Keep You Laughing? 🐕💸

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So, Dogecoin’s rollercoaster on the 1-hour candlestick chart has been more dramatic than your last online date — sliding hard since April 14 and cozying up in what fancy crypto folks call a “falling wedge.” Sounds ominous, right? But fear not! Crypto wizard KledjiCuni (yes, that’s a real person and yes, I trust them more than my horoscope) believes this three-day pity party might be ending and Dogecoin could be ready for a little comeback tour.

Dogecoin’s Short-Term “Oops, Nevermind” Correction Before Your Feel-Good Moment

Picture this: Dogecoin just broke out of its gloomy falling wedge, a pattern that usually means, “Hey, maybe things will get better.” This is after the coin slid from $0.17 to $0.15 like a kid late for school — and has been hanging onto a vibe of doom for, you guessed it, almost two months. But now, Dogecoin’s saying “Nope, not today!” and nudging the price back up, even though the crypto drama is still playing out in the background like your favorite soap opera.

Dogecoin falling wedge chart

Right now, Dogecoin looks like it’s stretching for that upward trend. That breakout’s official, but don’t pop the champagne yet — KledjiCuni warns of a little retreat to around $0.1550 first. Think of it as Dogecoin’s way of double-checking if you’re still paying attention before it makes the big move. This dip isn’t a “Game Over”; more like a quick commercial break during your binge session, a chance for savvy traders to step in before the next episode.

Price Targets: Like A To-Do List, But With Money

Once Dogecoin finishes its mini re-run at $0.1550, it’s aiming for a sequel with two key cameo appearances in the price saga: first at $0.1607, where Doge had a meh moment in its falling wedge drama, and then the headliner at $0.1670 — basically the spot where this whole downward soap opera started. Nail these, and Dogecoin might just flip the script on its bearish storyline.

If Dogecoin clears $0.1607 with enough volume to make Kanye proud, we could see it sprint toward $0.1670 faster than you can say “to the moon.” Hitting these marks would signal the end of the dark times — at least for now — letting traders smile a little wider as they anticipate some sweet upside.

Right now, Dogecoin’s chilling around $0.1560, playing it cool just above the safety net of $0.155. It’s down about 0.34% in the last day, which, let’s be real, is a decline smaller than the chances of me passing a tech interview on the first try. Still, there’s hope it might boomerang back to $0.17 before the week’s out, because crypto loves to keep us guessing like a season finale cliffhanger.

Dogecoin short term price snapshot

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2025-04-19 09:13