DOGE to the Moon? 🚀 Or Just Another Tuesday? 📉

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The chaps at CoinStats, bless their optimistic souls, suggest the bears are still hibernating. One wonders if they’ve simply popped off to the club for a restorative gin and tonic. 🍸

DOGE/USD

DOGE, that most improbable of currencies, has apparently “rocketed” by a sum exceeding six percent. One shudders to think what constitutes a rout these days. 🙄

The hourly chart, a device of modern torture, reveals DOGE has bounced off the local resistance of \$0.1973. Should the daily bar close some distance from this level, one might anticipate a local correction to the \$0.19 area. Or one might simply have another drink. 🍹

On a longer time frame, the price of this meme coin – a phrase that chills the blood – has once again bounced off the resistance of \$0.1964. One begins to suspect a certain lack of imagination in these digital markets. 😴

However, should the bulls – a vulgar term, surely – maintain their initiative and keep the rate near that mark, a breakout may lead to a sharp blast to the \$0.21 zone. One holds one’s breath, naturally. 😒

From the midterm point of view, it appears neither bulls nor bears are dominating. The price of DOGE falls within the previous weekly bar. As neither side has yet seized the initiative, the chances of seeing sharp moves soon are, regrettably, low. 😪

DOGE is trading at \$0.1935 at press time. One trusts its investors have diversified their portfolios with something a little more substantial – land, perhaps, or a decent claret. 🍷

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2025-06-10 19:17