Dogecoin has been stuck around $0.15 like that awkward guest who won’t leave your party. Trading at $0.158, it’s taken a tiny nosedive of 0.35% in 24 hours and a “meh” 2.02% drop over the last week. Exciting stuff if you’re into slow-motion financial drama.
Despite valiant attempts to break through key levels, Dogecoin keeps bouncing back like a toddler with a sugar rush—from lows of $0.149 to somewhere barely less disappointing. Market nerds say these little stumbles might be the build-up to either a historic moonshot or a gravity-assisted belly flop.
Brace Yourself: 40% Free Fall Before the Big Boom?
TradingView’s SwallowAcademy (which sounds like a Hogwarts house for finance geeks) suggests Dogecoin might face a dramatic plummet before it’s party time. Their crystal ball—aka charts comparing DOGE to USDT—show a tale of peaks and valleys that could make even a rollercoaster jealous.
According to their data, the price might hit a rollercoaster low at $0.09 mid-2025 after flirting with $0.23, then—if you’re still hanging on—it could catapult to a dizzying $0.45, which is about a 400% boost. Right now, DOGE is clinging to around $0.15, and SwallowAcademy is patiently waiting for the tasty dip to $0.09 like it’s Black Friday at a meme coin store.
The “False Break” Drama: What Does It Even Mean?
Trader Tardigrade (yes, named after a microscopic space survivor, because why not) spotted what’s called a “false break” since December 2024. In layman’s terms: Dogecoin looked like it was headed for the dumps but then pulled a sneaky fake-out and bounced back.
This false break could be the cryptocurrency version of “just kidding”—signaling the downtrend might be over and a bullish rally might be crashing the party soon. If that happens, Dogecoin could shoot up to around $0.42, which is basically math for “dream big or go home.”
#Dogecoin Makes a False Break for the First Time Since Dec 2024
It’s clinging to the support line like it’s the last slice of pizza. A new $DOGE bull run might just start from this little fib.
— Trader Tardigrade (@TATrader_Alan) April 15, 2025
What the Dogecoin Holders Are Up To
IntoTheBlock’s stats reveal Dogecoin holders are basically all over the place. Long-term holders (the patient saints) lost 2.65% last month, while the “Cruisers” (mid-term holders) lost an even sassier 12%. Meanwhile, short-term holders decided, “Who cares about holding? Let’s just YOLO,” skyrocketing 107%.
So basically, long-term faith is checking out, and speculation is doing the electric slide. This cocktail is likely to stir up some spicy short-term price twists.
Big Dogs Are Still Interested
While the average Joe is on the fence, the whale crowd is diving in headfirst. Big holder inflows went up 5.30% last week, and a jaw-dropping 324% over the past month. They’re either insanely confident or just really like the mascot. Either way, it’s giving Dogecoin some serious bragging rights.
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2025-04-19 23:51