Ah, Dogecoin, the plucky pup of the crypto world, is teetering on the edge of a precipice, its paws dangling over a chasm of uncertainty. 🌋 Will it leap to glory or tumble into the abyss? The charts, my dear reader, are as tangled as a bowl of spaghetti-a 4-hour range here, a weekly triangle there, all conspiring to keep us on the edge of our seats. 🍝
Two Bones to Chew On (4H Chart)
According to the wise and whimsical Daan Crypto Trades (@DaanCrypto), our furry friend DOGE is sniffing around $0.19585. 🦴 The “bone to grab” is at $0.21817, while the “bone to guard” sits at $0.17789. Price is wagging its tail in the middle, after a post-flush bounce that left us all scratching our heads. 🐾 Last Friday’s higher low is the lifeline, keeping the game from going to the dogs.
Daan, ever the sage, quips, “DOGE is like a dog in a room full of squirrels-it’s all over the place, but somehow still adorable.” 🐿️ If it breaks above that local high (around $BTC ~$116K), it’s off to the races. But if it slips below Friday’s low, well, let’s just say the kennel might get a bit chilly. 🥶
How DOGE Could Fetch $3
Enter Hov (@HovWaves), the maestro of macro triangles, who paints a picture of DOGE’s journey through a (a)-(e) schematic. 🖼️ “It’s like a game of fetch,” Hov muses, “DOGE ran, corrected, and now it’s eyeing the stick again.” The retracement was deep, but the bounce is looking… well, bouncy. 🏃♂️🐕
The macro demand box is a cozy $0.06-$0.09, with Fibonacci safety nets at $0.04206 and $0.02142. 🕸️ The triangle’s cap is aiming for the mid-$0.30s by 2025, but the real treat? A terminal projection box at $2.20-$3.00, with a juicy $2.826 extension if all goes to plan. 🍖
But hold your horses (or should I say, hounds)-there’s a catch. DOGE must first break above $0.21817, hold its ground, and then tackle the $0.30-$0.35 corridor. Only then can it dream of the $2-$3 jackpot. Fail to guard $0.17789, though, and it’s back to the doghouse, possibly sniffing around $0.090-$0.06, or worse, the Fibonacci rails at $0.042 and $0.021. 🐶🚫
At press time, DOGE was panting at $0.196, wondering if it’s time for a treat or a time-out. 🕰️
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2025-10-24 20:12