Seriously, is Dogecoin the new caviar for crypto whales? In the last 48 hours, a dizzying 800 million Dogecoin have been gobbled up by those elusive, big-finned creatures of the blockchain deep. The crypto world, as per tradition, has reacted with all its usual subtlety—“WHOA!”
Our resident on-chain binocular-wielder, Ali, chimed in with this little nugget, which frankly sounds like the plot of an Ocean’s Eleven spin-off, but with more memes and zero George Clooney:
Whales bought more than 800 million #Dogecoin $DOGE in the last 48 hours! 🐋🚀
— Ali (@ali_charts) April 15, 2025
All this behind-the-scenes whale action happens while Dogecoin clings, white-knuckled, at about $0.16. Apparently, this is a “critical demand zone,” which sounds just dramatic enough to be the next Marvel movie location. Analysts are squinting at their screens, waiting for a “spectacular move”—though it could be up, down, or just another Doge meme.
Ali (again—does he sleep?) tweeted on Monday, possibly while mainlining espresso, that Dogecoin is coiling up for something big. If it closes above $0.17, then, in theory, we skip up to a glamorous $0.21 or, if coffee supplies are strong, even $0.29. All assuming we don’t face-plant below $0.13, of course, in which case we try not to look directly at the portfolio.
Meanwhile, DOGE is down 2.24% to $0.16, flopping about while Bitcoin and Ethereum make polite efforts to shuffle upward. The whole crypto market is doing its best impression of a rollercoaster designed by people who have never seen a real rollercoaster.
DOGE price action
Dogecoin’s mini-revival over the weekend hit its Sunday snooze button, only to slide down on Monday. Bulls looked at resistance at $0.169 and said, “Hmm, maybe later.”
At the moment, buyers are dutifully lining up to reanimate Dogecoin, but that nasty resistance wall at $0.169 looms ahead—kind of like trying to get out of bed before coffee. If DOGE gets rebuffed, we could dip below $0.14, and then, yikes, sellers may start practicing their Olympic-level diving straight to $0.10. 🏊♂️
On the flip side, if buyers actually push DOGE above the daily SMA 50 (cue suspenseful music), then things could get spicy—cracking $0.20 might spark a double-bottom pattern, and then, who knows, maybe we’ll all finally get a personalized message from the actual Doge. Pattern target: $0.26, or as we like to call it, “the Promised Land, brought to you by SMA 200.”
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2025-04-15 14:20