1.Elon Musk is at it again
Last night, Elon posted three dog emojis on X and even changed his profile picture to a laser-eyed dog! Isn't this signal obvious enough? The last time he did this, DOGE shot up from 0.05 to 0.74! Moreover, early this morning he retweeted a meme of "Department of Government Efficiency (D.O.G.E)", and the comments section was flooded with "To the moon". This is not a coincidence; it's clearly a signal.
2.Bitwise Dogecoin ETF is coming
Latest news, Bitwise's DOGE spot ETF is already in line with the SEC, and insiders say it could be approved as early as November 26! Once approved, those Wall Street institutions will go crazy throwing money in. Referring to when the Bitcoin ETF was approved, BTC rose 30% in three days; this time, with a smaller market cap of $DOGE , a 10x increase would be conservative!
3.On-chain data is exaggerated. Today, a whale address (holding over 10 million coins) suddenly activated 87 old addresses that had been dormant for three years, directly dumping 420 million DOGE to the exchanges! This is not a sell-off; it's a big whale washing the market, scaring retail investors away to accumulate at a lower price. Glassnode data also shows that the DOGE balance on exchanges has hit a three-year low, with all chips locked up.
4.Technical analysis shows a clear bullish pattern. The weekly MACD golden cross has formed, and the RSI has broken 70, entering the overbought zone, but there is still no top divergence, which is a typical strong rally formation. Moreover, the current price is exactly at the Fibonacci 0.618 golden level of 0.186, and historically, it has at least quintupled each time it reached this level.
I calculated that based on the increase ratio from the 2021 surge, along with this ETF + Musk double catalyst, a conservative estimate could run up to $7.20! Some big players are even calling for $15! Last time I bought 20 million coins at 0.16, and now I'm already up 15%, preparing to add another 5 million coins.
Brothers, now around 0.18 is the last call! If you wait until it really hits $1 to jump in, you'll have to chase it to $3 to buy the same amount of coins! Don't ask me how I know; I've been in the crypto space for 8 years, and signals of this level are rare.
Hurry up! I'm not sleeping tonight, watching the market! WAGMI🚀🚀🚀🌙
Don't regret waiting until it hits $7.20! Diamond hands, brothers💎
