Dogecoin to the Moon? 🚀 (Maybe.)

by

Right. So, apparently, Dogecoin – yes, that Dogecoin, the one originally intended as a joke (a remarkably successful joke, it must be said) – is currently nestled within what someone, and I use the term “someone” advisedly, is calling a “Livermore Cylinder.” Honestly, it sounds like a particularly unpleasant medical condition. Or a very niche type of plumbing. But apparently, it’s good news. For Dogecoin. Possibly.

The Cylinder, the Megaphone, and the Utter Confusion

This “TradingShot” individual – whose credentials, one suspects, involve a worrying amount of time staring at charts and a profound belief in the predictive power of vaguely geometric shapes – posits that this cylinder thingy means Dogecoin could, theoretically, achieve the dizzying heights of $1.50. Which, in the grand scheme of things, isn’t a lot. Unless you bought a lot of Dogecoin when it was practically free. In which case, congratulations. You’ve stumbled into a financial anomaly. 🥳

Apparently, it’s been hanging out in a “bullish megaphone” since October. A megaphone, you see, is significantly more sensible than a cylinder. One amplifies sound, the other… accumulates things? It’s all very technical. Don’t ask me, I just write about it. It’s like watching ants build a colony. Fascinating in a completely meaningless way.

And get this: $12 is apparently on the cards. Sometime next year. Or not. It’s all very fluid, really. Like trying to herd cats. Or predict the behavior of meme-based cryptocurrencies. The analyst seems remarkably unconcerned that this might not happen in the current ‘Bull Cycle’ – a phrase used with such alarming frequency it’s starting to feel suspiciously cyclical. 🤔

Bullish Engulfing? More Like Bullish Bewilderment

Another analyst, “Trader Tardigrade” (I’m starting to suspect everyone in the crypto world has a pseudonymous, slightly unsettling nickname), suggests a “Bullish Engulfing Candle” is looming. Now, I’m no candlestick expert, but it sounds deeply unsettling. Like a Victorian horror story. They predict $7.50. Or maybe $1. It’s all a bit vague, isn’t it? Like a fortune cookie written by a committee.

Currently, Dogecoin is wobbling around at $0.22. Up 1%. Which, honestly, is probably just someone buying it as a dare. It’s all very… Dogecoin. 🤷

So, buckle up. Or don’t. Honestly, it probably won’t make much difference. Just don’t come crying to me when your digital Shiba Inu turns out to be worth less than a particularly dusty biscuit. You have been warned. 🍪

Read More

2025-07-25 21:05