Once again, the star-coin of dreamers and jesters—Dogecoin—plunges from its frivolous heights at $0.1850, falling as if chained by the weight of its own absurdity. Now it claws about in the rubble, seeking salvation near $0.1740, but who among us expects miracles while gravity still works?
- Ah, DOGE—in its eternal struggle—looked wistfully at $0.1880, hoping for escape, but tumbled backwards, tripping on its own tail.
- Below $0.1750 it wanders, like a stray hound, well under the sheltering kindness of the 100-hourly simple moving average.
- An unyielding bearish chain—and let’s call it what it is—binds DOGE at $0.1725 on the hourly chart (legend has it Kraken’s data source occasionally giggles).
- Should DOGE clamber past $0.1780, perhaps we see a proper bounce. Or perhaps just more memes.
The pageant continues: hope briefly flares each time Dogecoin approaches $0.1880, but—as with so many grand schemes—it finds only disappointment below $0.1800 and $0.1750. Bitcoin and Ethereum, in the neighboring yards, nod knowingly: they too are no strangers to failure.
Our beloved DOGE, battered, touches $0.1680—its lowly bed—and lies there, contemplating the universe. But what is this? A weak stir, a meager recovery above $0.1700. Reaching the 23.6% Fib retracement level? If this fills you with hope, you have a poet’s heart—or a gambler’s schedule.
Still beneath $0.1750, well below the 100-hourly average, DOGE faces resistance at $0.1720, not unlike a beggar rebuffed at every inn’s door. One can almost hear the bearish trend line cracking sarcastic jokes at $0.1725. 🐕🦺
Bulls eye $0.1765 and its fabled 50% Fib retracement, dreaming still of $0.1780 and, dare we whisper, $0.1850. Will DOGE climb? Will fortunes rise? Perhaps. Will it descend instead, crushing souls and snack budgets beneath $0.1600? Almost certainly—if history and physics have anything to say about it.
Yet, if you place your faith in coins with dog faces, do you not expect a bit of drama? If DOGE stumbles once more, beneath $0.1685, and then $0.1650, well—$0.1600 yawns hungrily below. Under that, even the bravest hodler looks for a cold drink and a place to sigh.
Indicators, for those seeking omens among numbers:
- Hourly MACD: Momentum slip-sliding in the barren, bearish wasteland.
- Hourly RSI: Hovering under 50—call it modest embarrassment, not yet despair.
- Major Support: $0.1685 and $0.1650—flimsy but loyal.
- Major Resistance: $0.1740 and $0.1780—obstacles as stubborn as rent.
To sum it up: Dogecoin teeters, and the people watch, half-amused, half-terrified—because truly, what is crypto if not laughter through tears? 😂🐕
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2025-05-05 08:12