Dogecoin’s Drama: Will the Falling Wedge Break Up or Break Fondly?

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Sitting in front of my chaotic compost bin, I contemplated the mysteries of Dogecoin, which is apparently trapped in a falling wedge-a term I think means it’s teetering on the edge of greatness or disaster. Crypto analyst Ali Martinez shared this vision of doom or triumph, like old fortune tellers with lines in coffee cups but with more charts and less caffeine.

Dogecoin, Working As Hard As a Meme Pumped Athlete

On a platform clearly named because at this point adding another letter to the alphabet is futile, Martinez presented the falling wedge drawing (the pattern where Dogecoin’s prices decide if they want to hug or fight one another). A wedge is like when someone tells you things are going to be “a tight squeeze”, but apparently in the technical analysis (TA) scene.

It’s similar to a triangle, but instead of room to breathe, it’s all hills leading to a cliff (figuratively). A rising wedge would have us believe that upwards is the only way to go, but then there’s the falling wedge-because sometimes you just gotta let go. Just like my ex relationships, I presume.

Each Wedge comes with its own set of dramatic lines. The upper one holds your dreams at bay (resistance), while the lower one is more like a saddest place on earth soundtrack reminding you this can all go south. Surprisingly, when Dogecoin decides to take it outside its wedge, it’s like a party where everyone suddenly remembers they’re adults.

These Wedges can be as fickle as dating apps, doubling as either continuation or reversal plans-I imagine it’s based on the bi-weekly horoscope which we know is generally pretty on-point since I read it with my morning cereal. So when Dogecoin’s recent travels around the wedge were displayed, it looked like someone scribbled a sad saga needing closure. A cryptic $DEUCE maybe?

Attached is this soul-crushing chart showing Dogecoin’s teetering last amusement park ride around the wedge. Just like those dreams where you’re at work naked, it’s a weekly pressure cooker with a touch of hope. Previous escapees ended in dogecoin rainbows, but could this wedge be a bigger challenge? Martinez, in wisdom, shared, “A breakout could be powerful.” That didn’t stop me from picturing it more like a whisper campaign for a movie comeback-a fragile hope.

DOGE: Now Experiencing a 9% Price Downturn

Meanwhile, Dogecoin floats aimlessly around $0.125, which could be akin to hopelessly floating in the ocean with only snacks for company, basking in a 9% drop over just a week, sharing sunset silhouettes with grief.

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2026-01-24 10:16