{"id":3348,"date":"2025-03-07T06:00:29","date_gmt":"2025-03-07T06:00:29","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/sell-all-your-dogecoin-if-this-happens-says-crypto-analyst\/"},"modified":"2025-03-07T06:00:29","modified_gmt":"2025-03-07T06:00:29","slug":"sell-all-your-dogecoin-if-this-happens-says-crypto-analyst","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/sell-all-your-dogecoin-if-this-happens-says-crypto-analyst\/","title":{"rendered":"Sell All Your Dogecoin If This Happens, Says Crypto Analyst"},"content":{"rendered":"

Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared weekly chart on TradingView, showing a steep \u201314.94% weekly change.<\/p>\n

When To Sell Dogecoin?<\/h2>\n

In the attached chart, a series of key Fibonacci retracements run from 0.0 up to 1.618 at approximately $4.13. Notable lines include the 0.382 Fib around $0.1397, the 0.50 Fib just above $0.1997 (near current price), the 0.618 Fib near $0.2677, the 0.702 Fib around $0.33, the 0.786 Fib around $0.43, and the 1.0 Fib near $0.76.<\/p>\n

\"Dogecoin<\/p>\n

Charting Guy stresses<\/a> that if DOGE \u201ccomes back and hits the 0.702 or 0.786 fib over the next few months and can\u2019t break it,\u201d he plans to \u201csell majority if not all of bag.\u201d He adds that his personal thesis calls for a major top in late April or early May, regardless of whether prices reach $0.30, $0.40, or even $1.00.<\/p>\n

\u201cYes, this invalidates my bullish DOGE charts but I was going to sell whether it\u2019s at $0.30 or $1 late April,\u201d Charting Guy remarked. He also highlights a \u201ckey low\u201d potentially landing in March 2026, reiterating he \u201ccan\u2019t make that up.\u201d<\/p>\n

Part of this analysis involves a potential repetition of what Tony \u201cThe Bull\u201d Severino (@tonythebullBTC) refers to as the \u201cXRP 2021 fractal,\u201d where XRP remained largely range-bound and failed to push to new all-time highs during its specific cycle phase.<\/p>\n

According to Severino, \u201cDogecoin continues to follow the XRP 2021 fractal.\u201d He originally drew parallels last October, warning that DOGE might \u201cpull an XRP this cycle,\u201d showing how XRP traded pretty much sideways at a similar point in its market cycle.<\/p>\n

\"DOGE<\/p>\n

However, analyst Sun (@Sunfire1126) disagrees, arguing that Dogecoin\u2019s movement isn\u2019t specifically mimicking XRP. Sun notes that \u201cmost coins have done this move so far,\u201d and cites other altcoins such as ADA and HBAR, which have both halted around the 0.618 Fibonacci retracement or lower<\/p>\n

Charting Guy responded that he remains \u201copen to the idea of it breaking\u201d higher but equally open to \u201canother rejection.\u201d Should the price fail at $0.33 (0.702 Fib) or $0.43 (0.786 Fib) by late April, he confirms his plan to exit the market.<\/p>\n

When one user suggested he had turned outright bearish, Charting Guy clarified: \u201cNo, if you learned to read, I plan on selling end of April whether this scenario plays out and it only gets to $0.30\/$0.40, or whether my bullish scenarios play out and it makes a higher high.\u201d<\/p>\n

The shift in tone from Charting Guy is especially notable, as only two months ago he remained largely bullish on DOGE. In early January, he highlighted a wick down to $0.26\u2014the 0.618 Fib\u2014calling it an ideal buying opportunity.<\/p>\n

Back then, he believed DOGE would avoid revisiting that zone and was \u201cfinally ready\u201d for a next leg up, with $1 as a \u201cminimum target\u201d and $4 as the highest. Since then, however, DOGE has stalled under $0.30, and Charting Guy now leans on Fibonacci hurdles\u2014$0.33 and $0.43\u2014as the deciding factors on whether he will exit his position by late April or early May.<\/p>\n

At press time, DOGE traded at $0.20.<\/p>\n

\"DOGEUSDT\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared weekly chart on TradingView, showing a steep…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[63,374,64,65,216,375],"class_list":["post-3348","post","type-post","status-publish","format-standard","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3348"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3348\/revisions"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}