Oh great, another “major rebound signal” from Dogecoin. Who needs sleep when you can watch exchange flows flip like a pancake? 🥞 The crypto analyst Ali Martinez is all, “Hey, look at this chart! It’s a sign of hope!” Meanwhile, I’m wondering if this is the moment we finally figure out why we’re all still here. 🤷♂️
Dogecoin Rebound Loading?
So, there’s this chart that shows Dogecoin’s “net supply on exchanges” turned positive. That’s like saying your fridge has more milk than it did last week. Big deal. But apparently, this has “marked sharp rebounds before.” Oh, I’m so thrilled. 🎉
From mid-2024 to late 2024, the chart alternates between “modest red and green periods” like a mood ring on a bad day. Then, suddenly, there’s a “sustained cluster of strong green bars” that makes the price jump from $0.10 to $0.48. Who needs a plan when you can just hope for the best? 🤷♀️
After that peak, the chart goes back to being “more mixed,” with price bouncing around like a kid on a trampoline. Then, suddenly, the red bars start, and the price plummets. But wait! There’s a “tall green bar” that crosses the zero line, and now we’re all supposed to be excited? 🎉
DOGE On Thin Ice Below $0.16
Another chart shows that 27.4 billion DOGE are stuck at $0.08. That’s like having a giant pile of old socks in your closet. Martinez warns that “support disappears quickly” below $0.16. Oh no, the floor is gone! 🚨
The “GAP” between $0.08 and $0.16 is like a cliff. If the price falls below $0.16, it’s a free fall. But don’t worry, the “next real demand zone” is at $0.07. Because nothing says “safety” like a price that’s lower than a discount store’s clearance bin. 💸
And then there’s the “cost-basis distribution heatmap” that shows two “core cohorts” of holders. One group is stuck at $0.08, the other at $0.20. It’s like a game of musical chairs, but with crypto. 🎵
At press time, DOGE is at $0.158. That’s just $0.002 above the “support zone.” I’m sure that’s a huge relief. 😂
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2025-11-20 04:39