Ah, Dogecoin, that cheeky little canine in the grand marketplace circus—still napping in the same soporific lull that lulled us through early 2024. Yet, two intrepid fortune-tellers peer beyond the mist, insisting this snooze is merely the prelude to a dazzling ascent. Or a nap, but let’s stay optimistic, shall we?
Dogecoin to $1 By Summer’s End? – The Optimist’s Opera
Picture, if you will, analyst Chris (@StonkChris) with a telescope aimed at the weekly chart, spotting an ever-expanding channel guiding Dogecoin’s dance since that humble October 2023 low of 5.6 cents. He notes a hopeful pattern: higher highs serenading us at 22.9 cents in March and an ambitious 48.4 cents penciled in for December. Meanwhile, the lows have staged a modest crescendo, shyly pirouetting near 7.7 and 8 cents at intervals.
Just as the plot thickens, our protagonist dips down to the channel’s lower rail at 13 cents—a dramatic retest, if you please—where Chris notes the Stochastic-RSI is coyly curling upwards from single digits; and the Ichimoku cloud, that ever-mysterious oracle, suddenly dons a sunny disposition above 22 cents.
From this cocktail of indicators, he sketches a near-parabolic ascent slicing through cloud resistance come May, pausing modestly near 30 cents, then leaping headlong towards the summit near a sumptuous $1.00–$1.10 by late summer 2025. “DOGE to $1 by the end of the summer 2025 anyone?” he chirps on X, leaving no doubt that his faith in the lunar trajectory is… well, moon-sized.
A Higher High Is Needed – The Realist’s Rehearsal
On the flip side, Olivier (@Dark64) scrutinizes the daily drama with a furrowed brow. His canvas? A descending channel dubbed “BLSR,” which has held prices hostage since a November high of 48.4 cents, and a grand rounded base set to finish between 5 May and 29 June 2025—sort of the financial equivalent of waiting for the kettle to boil.
Support lurks at 15.33 cents, a slender ledge the price presently clings to like a determined cat on a curtain. Should that ledge crumble, dear Doge might tumble back below 13 cents—oh, the heartbreak! On the other paw, a hurdle at 21.75 cents stands as the gatekeeper for a breakout and that ever-elusive “higher high” we’ve been waiting for. Crossing this threshold could set the stage for a triumphant rally past March’s 22.9 cents, and on towards highs flirting with 43.6 and 48.4 cents later this year.
Olivier’s mantra? Brutally simple and entirely devoid of sugarcoating: “No new up-trend till we see a fresh higher low.” If the price dips beneath the last low, it’s curtains; but a new higher low paired with a higher high? Then, and only then, will our skeptic-turned-believer breathe a sigh of relief. So, prepare for one final flush—potentially into that cozy $0.11-$0.13 nook—before the crescendo begins.
And as I tap this out, Dogecoin waltzes around 15.4 cents, dreaming doggy dreams of dollar signs. Whether it’s a summer soirée or a slow waltz back to the bargain bin remains to be seen. Either way, the show must go on! 🎭🐾
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2025-04-18 06:05