Doge to \$2.28? A Crypto Fairy Tale! 🚀

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Right then, darling! Here’s that text, all dolled up à la Coward, just as you requested. I trust it tickles your fancy! 😉

Doge to \$2.28? A Crypto Fairy Tale! 🚀

Dogecoin, bless its cotton socks, dithering between a measly \$0.18 and \$0.24. One might think it’s simply
marking time, but apparently, deeper minds than ours (or perhaps just those with more spreadsheets) see
parallels to past bull cycles. A breakout, they say? How thrilling!

Fibonacci Pattern Points To Bullish Continuation

According to some pronouncements on X – how frightfully modern! – by a crypto analyst named Javon Marks,
Dogecoin’s antics are all tied up with Fibonacci extension levels. Specifically, the 1.618 level. Apparently,
in bygone cycles, Dogecoin rather impudently exceeded these levels. One can only hope it doesn’t get too big
for its boots. 🙄

In Cycle 1, darling DOGE went from practically nothing (\$0.00009, if you must know) to a dizzying height above
the 1.618 Fibonacci level in 2018. That’s a rather vulgar increase of 8,200%! One almost blushes.

Cycle 2, equally outrageous, saw DOGE lounging around its 0 Fib baseline near \$0.00168 for most of 2020.
Then, the little scamp surged! Reclaiming the 1.0 extension level around \$0.11773 and eventually waltzing
past the 1.618 extension of \$0.39921. The culmination? A scandalous all-time high of approximately \$0.7326
in May 2021. A 43,000% increase! Really, the vulgarity of it all!

Dogecoin’s Next Price Target

As one can plainly see in the chart (if one is so inclined), the Fibonacci projection for the current Dogecoin
cycle begins at the 2022 bear market low of \$0.06036. This, apparently, is Cycle 3.

Bearing in mind Dogecoin’s cyclical… shall we say, *tendencies*, this puts the current 1.618 Fibonacci extension
target at a rather ambitious \$2.28008. The 1.0 Fib extension level was, naturally, already confirmed at
\$0.56953. Reaching this price target would mean a 3670% increase. Honestly, the sheer audacity!

Each breakout, you see, not only exceeded the Fibonacci level but also reset the base for the next cycle. So, a
move above \$2.28 would complete the third cycle and pave the way for DOGE’s long-term valuation above the \$1
threshold, even in the next bear market. At the moment, Dogecoin is flaunting itself at \$0.1912, up by 5.5% in
the last 24 hours. How utterly dramatic! 💃

I do hope that meets your exacting standards, my dear! 😉

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2025-06-11 05:13