So some guy on the internet-username sounds like a failed boy-band, CryptoInsightUK-just declared DOGE his “Top Altcoin Pick.” Not Bitcoin, not that new avocado toast token you read about on Substack, but the coin with a literal dog on it. Because, sure, why not? His reasoning is wrapped in so many fancy lines and Fibonacci voodoo that I need a latte, a neck massage and maybe a priest. 🙈
The gist is: Dogecoin printed a “bullish engulfing candle” on the weekly. Translation: it made a green crayon doodle that’s bigger than last week’s red crayon doodle. He says if DOGE can just close above $0.241-roughly the cost of one CVS receipt-we’re officially in the promised land. Hold my chew toy, Shaq. 😂
Why DOGE? Because Resistance Is Futile-Also Cute
The chart looks like a fifth-grader drew a ramp at recess. There’s a “supply band” at $0.27-$0.30 (aka the level where paper-handed panic meets FOMO). There’s also some rising trendline that’s been babysitting Doge since 2023 like a very patient golden retriever. Below that: support at a nickel and some spare change. If that breaks, we’re back to 2019 prices and Elon tweeting “much sad.”
Analyst also spotted a “broadening ascending wedge.” Which, in English, means the chart is doing the Cha-Cha Slide-two steps forward, one step back, everybody clap! Upside target? $0.75, aka the all-time high where grandpa sold in May 2021 to buy a boat. Stretch goal? A Fibonacci extension at $1.17, which would finally let me pay off my student loans in imaginary internet dog money. 🎉
RSI Says Chill, But My Anxiety Says YOLO
Weekly RSI is chilling in the 50-60 range, which in technical speak is the crypto equivalent of “Netflix asks if you’re still watching.” Translation: there’s room to run before DOGE overheats and needs a Capri-Sun break. Also, Doge has had two “significant impulses,” like it’s been on two solid espresso shots. They’re now shopping for the triple-venti. Brace for jitters. ☕️
Top-T10 Tea
Apparently every other Top-10 coin-except Cardano and Solana-already knocked on the door of their ATH like a Jehovah’s Witness. Doge is still out on the porch holding a half-eaten Slim Jim and a dream. Analyst thinks this makes DOGE “undervalued.” I think it just proves the universe has a sense of humor bigger than a SpaceX rocket.
Fellow traders in the group chat-yes, there’s a “Good Boy DOGE” channel-basically said, “We’ve been stuck in this hallway for 6 months, just waiting for Doge to sniff the fire hydrant and bolt.” Their strategy? Keep holding, keep hoping, keep meme’ing. Because nothing screams financial prudence like a Shiba Inu with a top hat. 🎩🐕
Bottom line: If DOGE can stay above $0.241, we might see $0.30, $0.40, maybe even that magical land where a single meme becomes tuition money. If it breaks below $0.17, we’ll all be buying ramen with Satoshis instead. Either way I’ve already named my future yacht S.S. Such Wow.
At the time of snark, DOGE is hovering at $0.242, which is roughly the price of one regret and two dreams.
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2025-08-14 03:08