In a twist worthy of a mischievous trickster, Crypto analyst BitGuru declared that our beloved Dogecoin unexpectedly stepped onto a slippery slope of support right after the infamous Black Monday tumble. With an immeasurable air of confidence (and a pinch of theatrical flair), BitGuru peered into the crystal ball and muttered auguries of how this canine-themed coin might scamper its way back to the mystical $0.2 realm. šāØ
Dogecoin Price Retests Key Support After Black Monday Crash
Gather round, dear readers, and observe: In an X post, BitGuru announced that Dogecoin waltzed toward a crucial floor near $0.143. Like a dog snagging the last sausage on the grill, it now shows hints of bouncing back from oversold depths. Targets? Oh, nothing too epicājust $0.16, $0.18, and a fleeting flit at $0.205 if the moon and the memes align. š
When the market staged its little drama on April 7, leading actor Bitcoin suddenly slipped beneath $75,000 faster than a cat licking cream. DOGE, in loyal correlation, plummeted from $0.17 to $0.14 as though it had tripped over a banana peel. But fret notābecause every comedic tragedy has a second act.
Lo and behold, on April 8, Bitcoin revived and soared to $80,000, with DOGE tiptoeing right along behind it, aiming for that majestic $0.2 territoryājust as BitGuru foretold with a flourish of theatrical prophecy. š¤Æ
However, dear mortal investors, do not don your party hats quite yet. A thundercloud named Donald Trump threatens a 50% tariff on China, and China, not to be outdone in this cosmic slapstick, has promised a rowsing counterattack. The universe might snicker at our misguided celebrations should this trade tempest grow more fearsome, yanking crypto prices back into the doghouse. šļø
After all, turbulence sparked by tariffs led DOGE and friends into this tailspin in the first place. Should Trump and China continue a comedic exchange of threats, the coins could tumble once again, flustered as a cat forced to dance on stage. š¼
DOGE Forming Bullish Divergence
Legendary analyst Kevin Capital, presumably sporting mystical robes, proclaims that our infamous meme coin has formed a pristine ācleanā bullish divergence on the daily charts. This wizardly divergence may dictate DOGEās next performance, so keep your monocles polished and your sense of humor at the ready. š
Kevin also mentioned that DOGE took a second clumsy fall, only to test the marketās so-called ālines in the sand.ā Though it slipped below said lines, the coin swiftly hopped back above, as if it had just realized dinner time was approaching. š½ļø
Truth be told, if DOGE slides below the sacred $0.14 region, some dramatic folks in the realm claim that the bull run might exit stage left. Analyst Master Kenobi, presumably twirling a lightsaber, has stressed that losing $0.14 could shuffle DOGE into a dark bear market. Investors, hold onto your seats and your sarcasmāthis coinās destiny remains in the hands of the comedic fates. š¤·
At the present hour, Dogecoin breathes at around $0.15, proudly boasting a 5% gain in the past day, according to CoinMarketCapās statistics. Will it triumph? Will it slip on another banana peel? Only time and a well-placed emoji can tell. š
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2025-04-09 02:13