Dogecoin has been sitting, staying, and doing absolutely nothing for 42 days. You heard me right. For a month and a half, this coin’s been flatter than a week-old cannoli.
If you’re waiting for fireworks, you might want to grab a chair. Maybe a sandwich. This could take a while.
Crossroad
Let’s talk numbers, because that’s what matters in this business. According to the sharp-eyed analyst Kevin, Dogecoin’s last real move was a small dip, six weeks back. Since then?
Nada. The price is boxed in between $0.156 and $0.138 , like a wiseguy under house arrest. Kevin calls $0.138 his line in the sand. If Dogecoin closes below that on the weekly, he says, forget about it.
Now, don’t get suckered by all the noise on social media . Some people are screaming about a bullish MACD cross, but Kevin’s not buying it.
“Technically, it’s a cross, but it’s not the real deal.”
Without the moving averages spreading out, this so-called rally could just roll over and die. That’s not hope, that’s hopium.
Source: XWaiting on the edge
After 42 days of this snoozefest, risk and reward are squeezed tighter than the beginner chef’s meatballs.
If Dogecoin holds this $0.156–$0.138 range, maybe it keeps its dignity. But if it slips? We’re looking at $0.10. Sure, maybe there’s a dead-cat bounce to $0.25, but don’t bet the house on it.
And don’t think the rest of the market is gonna bail you out. Bitcoin’s in a major correctional phase, Kevin says.
These things last anywhere from 114 to 174 days, so doesn’t matter if it’s a bull or a bear, good news or bad.
If Bitcoin can’t hold $70,000, it’s heading for the $60,000s, and maybe we get a little rally, but a new all-time high? Unlikely.
Old dog?
So, good news or bad, Dogecoin’s stuck in a rut. Until it breaks out of this range or shows some real momentum, there’s nothing to see here.
The so-called game-changer of 2025 is looking more like a dog chasing its own tail right now, even if the big exchanges still want to put it on a pedestal.
Unless you like watching paint dry, you might want to look elsewhere for your next big score.
Have you read it yet? Strategy Adds 6,556 Bitcoin for $555.8M, Lifts 2025 Total to 91,800 BTC
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