Ah, Dogecoin. That digital phantom, born of a Shiba Inu and a fleeting internet fancy. Ali Martinez ā a fellow charting the whims of these ethereal coins on the X network (formerly known as that bird site, naturally) ā believes it might, just might, be attempting a resurrection. A rebound, if you will. As if anything in this life truly āreboundsā without a touch of existential sorrow.
The Illusion of $0.46
Martinez speaks of a ādouble bottomā ā a pattern as reliable as a politicianās promise. It seems DOGE tumbled from December to April, a rather undignified descent, and then offered a few pathetic little hops. But now, if one is to believe in these chart-scribblings, a spot for recovery looms. Like a mirage in the digital desert. Should it manage to cling to $0.26 ā a sum that feels both arbitrary and significant ā it could, theoretically, ascend to the lofty heights of $0.46. One can almost taste the disappointment when it inevitably doesnāt.
āIf Dogecoin $DOGE is truly forming a double bottom, this is the spot for a rebound. Reclaiming $0.26 as support could set the stage for a rally toward $0.46!ā
ā Ali (@ali_charts) July 25, 2025
Altcoins and Their Restless Spirits
Since Monday, the poor creature has lost a good 20% of its illusory value, plummeting from $0.28 to a rather forlorn $0.22. But today! Today, it dares to show a flicker of greenāa 3% rise, bringing it to $0.23220. A pittance, truly, but enough to inspire another round of breathless speculation. š
And, lo, the altcoins! They stir. On July 17th, Martinez prophesied a ābullish breakoutā for DOGE. And now, others observe that these lesser coins areā¦ rising, despite Bitcoinās rather languid 3.4% decline. They are ādepeggingā from the Bitcoin behemoth, apparently. A rebellion of sorts. As if any of them truly possess agency. š
#Bitcoin and Altcoins correlation is depegging for first time in a year! š
ā Crypto Rand (@crypto_rand) July 25, 2025
Bitcoin itself, briefly regaining $160,000, merely illustrates the cyclical nature of hope and despair. DOGE, naturally, followed suit, mimicking its larger, more established, and arguably just as pointless relative. The dance continues. šŗ
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2025-07-25 13:41