To The Moon? (Probably Not.) 🚀

Right. So, apparently someone named Crypto Patel – and yes, that is a name that sounds entirely made up – has declared that Dogecoin, that digital doggie of questionable pedigree, might, just might, go up in price. Specifically, he’s suggesting it could reach sums like $2 or even $5. Which, for a currency based on a meme, is…ambitious. 🧐

Currently, it’s bobbing around at a measly $0.17. Do the maths, or don’t bother – it’s approximately a 1,076% increase to reach $2, and a mind-boggling 2,800% jump for $5. Which, naturally, is perfectly reasonable, isn’t it? Everyone knows financial predictions are based on sound logic and not, say, the collective whims of internet enthusiasts.

Apparently, this isn’t about anything new happening with Dogecoin. Oh no. It’s about ‘chart patterns’. Because of course it is. They’ve observed that it once went up (shocking!) and therefore, it will again. It’s a bit like saying because you once successfully made toast, you’re now qualified to build a spaceship. 🍞➡️🚀

Historical Runs & What Historians Call “Hopeful Thinking”

The esteemed Mr. Patel’s charts reveal a “descending triangle” – which sounds ominous, frankly. It’s apparently a sign of impending…something. A breakout, a retest, a general feeling of optimism amongst people who really, really like dogs? The details are, admittedly, fuzzy.

He points to past glories, like when Dogecoin went from practically nothing in 2017 to somewhat more than nothing. And then again in 2021! Ah, the good old days of irrational exuberance. This, he claims, is ‘fractal confluence’ – which basically translates to “history sometimes repeats itself, so maybe it will again, and please send money.” 💸

DOGECOIN READY FOR ITS NEXT HISTORIC MEGA RUN

Breakout 🧐
Retest 🤔
Structure locked and loaded for a parabolic explosion! 💥

The same pattern that sent $DOGE flying in 2017, 2021 is repeating again on the monthly timeframe and this time, the move looks even more powerful.…

– Crypto Patel (@CryptoPatel) November 11, 2025

A Breakout? More Like A Brief Pause For Breath

It seems Dogecoin had a bit of a hiccup upward in December 2024, possibly fueled by some political figure’s enthusiasm for crypto (because of course). It then promptly went back down a bit, which is apparently just part of the plan. A ‘retest’, they call it. More like a slight wobble before the inevitable… well, who knows?

Other analysts, truly daring souls, have noted the similarities too, and are cautiously optimistic. Or possibly just hoping to sell shovels to the gold rush. It’s hard to tell. 🕵️

Short-Term Indicators Looking… Mildly Confused

The numbers say it might go up a bit, to $0.20, by December 12th. But everyone’s also feeling a bit “Fearful”. A classic combo, really. And the price has been bouncing around like a caffeinated flea. 🐾

Bitwise DOGE ETF – Because Everything Needs an ETF

And now, an Exchange Traded Fund (ETF) is being proposed. Because if something is a bit dodgy, the best thing to do is package it up nicely for institutions. Bitwise, they’re called. They’re hoping to give grown-ups access to this most grown-up of investments. Good luck with that. 🤦

Apparently, big holders are selling (sensible), but retail investors are buying (less sensible). And ‘momentum indicators’ are doing something. We won’t dwell on the details, it’s all a bit circular.

They also promise transparent pricing. Which, in the world of cryptocurrency, is a bit like promising a unicorn.🦄

And if it all gets approved, it might make Dogecoin easier for larger investors to play with. Which, naturally, will likely be followed by everyone rushing for the exits.

2025-11-13 08:19

Historical Runs & What Historians Call “Hopeful Thinking”

A Breakout? More Like A Brief Pause For Breath

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