Dogecoin Price May Soar Past $0.8 – Is the 3rd Wave Coming? Hold On Tight!

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Ah, the ever-dramatic tale of Dogecoin! Just when you thought it was snoozing below $0.20, it decides to spring up to $0.208 in the past 24 hours-only to get all shy again. But fear not, for the voices of wisdom (or should I say the self-proclaimed sages?) are whispering in hushed tones: “The real show is just about to begin!”

One such oracle of crypto wisdom, the enigmatic EtherNasyonaL, has boldly proclaimed that Dogecoin’s third and most electrifying bullish phase is yet to come. His technical analysis-oh yes, the charting masterpiece that all the cool kids are talking about-suggests that the stage is set for another monumental surge. And where is it headed? Above $0.8? Possibly, or should we dare to dream of higher? 🎢

Dogecoin’s Early Bull Waves: The Prelude to Glory

Now, let’s revisit history, because as we all know, past performance is the best indicator of future success (unless, of course, you’re talking about lottery tickets). According to EtherNasyonaL’s masterpiece, Dogecoin’s fate has been cyclical since 2014. First, we had the baby bull waves, and then-oh, and then-came the grand explosion. One might say Dogecoin knows how to make an entrance.

The first glorious wave began in 2017. It was like Dogecoin woke up from its long nap, took a look at the market, and decided, “Why not?” From near-zero, it climbed to the heights of crypto fame, all while being the joke of the meme coin world. Then, in the grand spectacle of 2020-2021, Dogecoin surged from under $0.003 to a mighty $0.7316-an all-time high that still makes the crypto world tremble. 🚀

Both waves were marked by a triumphant return to the 25-month moving average, which is like Dogecoin’s security blanket. And now, surprise surprise, the 25MA line has turned upward again, and our beloved meme coin is back at the upper trendline of its previous downward channel. Yes, folks, it’s déjà vu, but with more excitement and possibly even a few more zeros in the price tag. 🤑

Third Wave: Hold Onto Your Hats, Dogecoin Fans

And now, we arrive at the moment we’ve all been waiting for: the Third Bull Wave. The buildup is real, people. Dogecoin has just escaped the clutches of a nasty downtrend that plagued it from mid-2021 to early 2025. And, just when it seemed like the market was going to swallow it whole, October’s liquidation events gave Dogecoin the chance to take a breather and retest its resistance level, which has now turned into support. Welcome to the new normal, where $0.17 to $0.20 is the new black. 🖤

But wait, there’s more! This little price retest also lines up with Dogecoin bouncing off the bottom trendline of an ascending channel. EtherNasyonaL, with all the confidence of a man who’s had too much coffee, describes this price action as “Dogecoin accumulating strength in the lower band of a years-long ascending channel.” Does that sound fancy enough for you? Because it should. 📈

The chart above (which is obviously some sort of cryptographic art form) suggests that Dogecoin is gearing up to move from the lower to the upper part of its channel. Will the third bull wave be as glorious as its predecessors? Only time will tell. But if history repeats itself, brace yourself for a price that might just challenge its $0.73 all-time high. And beyond that? Who knows? Maybe $0.8 is just the beginning. Long-term projections even suggest that Dogecoin might reach $4! But for now, let’s just enjoy the ride. 🏎️💨

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2025-10-28 20:17