Why is Dogecoin Just Sitting There Like a Couch Potato? 🤨

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So here’s Dogecoin, this memecoin superstar, just laying around like it’s waiting for a bus that’s never coming. Kevin, some market guy, calls it “literally doing nothing” for 42 days straight. Forty-two! That’s like a Netflix binge, but without the entertainment. The last “action” was some sharp sell-off six weeks ago, and since then it’s been stuck in a tight little range, looking like my attempt at dieting: hopeful but doomed.

Momentum? More Like Mom-mentum, Because Nobody’s Showing Up

Kevin’s been staring at the same price lines like a hawk with nothing to eat. The upper limit is $0.156 and the lower is $0.138 — his “line in the sand,” because apparently, Dogecoin’s got a better sense of geography than I do. If it closes below that, Kevin says “it’s probably over,” like a breakup text but for crypto.

Dogecoin price chart charting the boring range

Now, about this momentum thing. Everyone’s yapping on social media about a bullish ‘cross.’ But Kevin’s not buying it. He says people don’t know how to read the MACD indicator, which is basically a fancy crypto horoscope nobody asked for. It’s “technically” a cross — but functionally? Meh. It needs expansion, which sounds like my jeans after a holiday meal, but for these moving averages. Without that, this “uptick” might just roll over like a bad poker hand.

MACD indicator showing indecisive movements

So yeah, 42 days of this price snooze means the risk game is squeezed tighter than my patience for crypto predictions. Hold the line, or Dogecoin dives toward $0.10 — the “psychological shelf,” which sounds like a sad shelf with dog-eared books no one reads anymore. Maybe it bounces back to $0.25, but maybe not. It’s like expecting a cat to fetch — hope springs eternal, but don’t hold your breath.

And then there’s Bitcoin, always the drama queen. Kevin says we’re in a “major correctional phase,” which feels like the economy’s version of a midlife crisis. Since January, this slump might last anywhere from 114 to 174 days. So basically, you have more chance of spotting Bigfoot than getting a quick crypto rebound.

Kevin’s takeaway? If Bitcoin can’t hold $70,000, don’t get your hopes up for new highs anytime soon. The bounce might look pretty, but it’s just a tease before the ultimate doghouse. Same goes for Dogecoin; maybe it plops to $0.10 and then throws a little party back to $0.25. And then… crickets.

The next big move? Either Dogecoin breaks out of this lame $0.138–$0.156 range or the momentum gods decide to give us a sign. Until then, we watch paint dry. Literally.

At press time, DOGE was gallantly trading at $0.1621 — still here, still waiting, still… nothing.

DOGE price detailed chart

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2025-04-21 14:11