In the early morning of April 27, the market was awakened by a heavy news:
Blockchain monitoring platform Whale Alert issued an alert—1 billion DOGE, worth nearly $200 million, suddenly transferred from an exchange address to an anonymous cold wallet!
A transfer ignited investors' nerves instantly:
Institutions buying low?Big whales entering often lead to price increases;
Locking in and controlling?Circulation suddenly drops, scarcity skyrockets;
Is Musk intervening?He has previously hinted multiple times that the X platform will introduce a DOGE payment system...
In just a few hours, the public opinion around Dogecoin exploded.
Technical indicators are wildly warning: the "Golden Dog Claw" pattern rarely appears!
If the on-chain data is a secret code, then the technical charts are practically shining a flashlight to tell you:
Dogecoin's 4-hour K-line has revealed a rare "Golden Dog Claw" pattern!
Specifically:
The 5-day moving average and 10-day moving average strongly cross above the 50-day and 200-day moving averages, with short, medium, and long-term momentum synchronously turning bullish, forming a claw-like arrangement;
The MACD histogram turns red and gradually expands, with buying power accelerating in accumulation;
RSI breaks above 60, but has not yet entered the overbought zone, indicating there is still ample room for upward movement.
Famous technical analyst @DogecoinSniper stated: "Before Dogecoin's 1000% surge in 2021, a similar golden dog claw appeared! History may repeat itself."
MACD golden cross confirmed, target directly pointing to $1.30?
On the other hand, trading expert Trader Tardigrade also urgently published:
Atthe 3-day K-line periodDOGE completedMACD golden cross!
Historical data shows that every time Dogecoin has a MACD golden cross in medium to large cycles, it is usually followed by a strong upward trend lasting at least several weeks.
Tardigrade confidently predicts:
"As long as the current momentum continues, Dogecoin's next explosion,may target the $1.30 high!"
However, he also calmly reminds:$0.20 is the first strong resistance that must be broken, if it fails to break through, the upward momentum may be interrupted;
Currently, the DOGE price is fluctuating around $0.182, and short-term attention is still needed on the volume situation.
Once it successfully stabilizes above the $0.20 mark, both technical and fundamental aspects will completely resonate, triggering a wave of chain reactions.
Summary: Dogecoin, ready to explode?
Combining on-chain dynamics + technical graphics + market sentiment, Dogecoin currently indeed meets the conditions for breaking the critical point:
The big whale's unusual movement released a significant signal;
Multiple bullish patterns appeared simultaneously on the technical front;
Market expectations for Musk's integration with DOGE payments continue to heat up.
But it should be noted that breaking through key points is the real starting signal. Without a breakthrough, there is no real confirmation.
Short-term investors can closely watch the $0.20 mark. Once it breaks through with volume, the next battleground will be $0.24-$0.30;
Medium to long-term players can patiently watch for trend opportunities brought by the MACD golden cross, lurking and waiting for a larger market outbreak.