April 27 Dogecoin (DOGE) Price Prediction: 1 Billion $DOGE Mysteriously Transferred, K-Line Shows 'Golden Dog Paw', Expected to Soar
In the early hours of April 27, the blockchain monitoring platform Whale Alert issued an alert: an anonymous address suddenly transferred 1 billion DOGE from the exchange to a cold wallet. This unusual action has sparked wild speculation in the market:
It could be institutional hoarding: whales usually accumulate at low prices and then drive the price up with good news.
Or it could be the project team locking up: reducing circulation to artificially create scarcity and drive up prices.
It may even be related to Musk: he previously hinted that the 'X platform (formerly Twitter) might integrate DOGE payments.'
On the 4-hour K-line chart for DOGE on April 27, a special arrangement of moving averages formed a 'Golden Dog Paw' pattern—this is a rare bullish structure in the cryptocurrency market, characterized by:
Well-known Dogecoin trader and analyst Trader Tardigrade recently released a significant analysis, pointing out that a MACD bullish crossover appeared on the 3-day timeframe chart, and this strong signal undoubtedly adds fuel to the upward trend for Dogecoin!
Tardigrade confidently stated in his blog post that Dogecoin has successfully completed its recent pullback, and the MACD golden crossover is a clear confirmation of the bullish reversal. He further noted that the technical structure on lower time frames also supports this upward momentum, laying a solid foundation for Dogecoin’s continued rise.
In the MACD chart shared by Tardigrade, three historical crossover points were clearly marked, each of which inevitably triggered explosive price increases for Dogecoin. After each crossover, Dogecoin entered a strong rising channel that lasted for several weeks.
Now, the latest MACD golden crossover coincides with Dogecoin's recent strong price trend, leading Tardigrade to believe that as long as the current momentum is maintained, Dogecoin will experience an unprecedented surge, with prices potentially breaking through the $1.30 mark!
