So, investors in Dogecoin got the usual crypto mixed signals this week. One minute, the experts say, “Hey, buckle up! Big rally ahead!” Then, just when you start dreaming about Lambos, another says, “Eh, nope, it’s gonna crash first.” It’s like trying to figure out if your date actually likes you or just wants to borrow money. Spoiler: probably the latter.
Analyst Swears Dogecoin Is Gonna Rocket 500% Because… Charts
According to “Steph is Crypto” — who sounds like the kind of person who wears sunglasses indoors — Dogecoin is about to blast off like it’s trying to get away from the managers at Tesla. She’s basing this on some “chart pattern” that supposedly happened right before Dogecoin climbed 501% after sulking down for weeks. Charts, man. They’re either magical or just fancy squiggly lines.
Steph’s big takeaway? “Bottom signal flashing.” I don’t know about you, but I barely listen when my toaster flashes “ready,” so hearing it from a chart is…comforting? Apparently, if this keeps up, Dogecoin might hit $0.73583 soon. Except, you know, there’s always a “but” coming.
SIGNAL:$DOGE BOTTOM SIGNAL FLASHING.
PREPARE FOR +500% IN THE NEXT WEEKS! #DOGECOIN
— STEPH IS CRYPTO (@Steph_iscrypto) April 19, 2025
But Wait—There’s Gotta Be a Drop First (Because Crypto Loves Drama)
Of course, here’s the party pooper: SwallowAcademy on TradingView insists Dogecoin might tank 40% first, down to $0.09. Because why would crypto ever go up without first giving you a heart attack?
They point out that earlier this year, Dogecoin flirted with $0.23, dove to $0.09, then bounced back above $0.45. The forecast? Same song, different day—plummet first, then quadruple. Great, just like every diet I’ve ever started.
So yeah, if you’re holding Dogecoin above $0.15 right now, buckle up: it’s gonna get bumpy, and your nerves might get more fried than a late-night diner hash brown.
Traders Go Short-Term Crazy
Meanwhile, IntoTheBlock’s data reveals a shift in who’s holding Dogecoin. Long-term holders quietly dropped out like they saw an ex at a party. Medium-term holders bailed too — almost 12%. But short-term traders? Oh, they’re popping up like weeds after a rainstorm — over 100% growth. More speculators rushing in means more nail-biting volatility, AKA the crypto version of riding a rollercoaster while drunk.
Whales Are Swimming Back Big Time
Now, here’s the juicy bit: the big fish, those whales who can sink your boat with a flick of a fin, are making waves again. Large holder inflows surged 5% last week and a staggering 324% in the past month. It’s like they’re throwing a party and everyone’s invited—except you’re stuck outside wondering if you left your oven on.
So yeah, even though the day traders keep feeding the frenzy, the whales might be positioning for some next-level moves. Or maybe they just really like shiny coins. Either way, keeps the show interesting.
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2025-04-21 01:40