The crypt cabinet analyst (@Chartingguy) issued a warning about Dogecoin, suggesting that he is selling a meme coin, if some of Fibonacci’s recovery levels do not crack in the coming months. His statement appears at a time when Dogecoin (Doge) trads around 0.20 USD, according to a joint chart at TradingView, showing a steep -14.94% weekly change.

When to sell Dogecoin?

On the attached chart, a series of key departing fibonacci lasts from 0.0 to 1.618 at around USD 4.13. Noteworthy lines include 0.382 FIB around 0.1397 USD, 0.50 FIB slightly above 0.1997 USD (close to the current price), 0.618 FIB nearly 0.2677 USD, 0.702 FIB around 0.33 USD, 0.786 FIB around 0.43 USD and 1.0 FIB near 0.76 USD.

Guy with charts stress That if the dog “returns and hit 0.702 or 0.786 FIB in the next few months and cannot break it”, plans to “sell most, if not the entire bag”. He adds that his personal thesis requires a significant top at the turn of April or early May, regardless of whether prices reach $ 0.30, 0.40 USD and even USD 1.00.

“Yes, it annuls my stubborn charts, but I intended to sell, whether for $ 0.30 or USD 1 at the end of April,” he noticed guests. He also emphasizes the “key low” landing in March 2026, repeating that “he cannot come up with it.”

Part of this analysis consists in the potential repetition of what Tony “Bull” Severino (@tonythebullbtc) is called “Fractal XRP 2021”, in which XRP remained largely associated with the range and could not be pressed to the fresh highest levels in history during its specific bicycle phase.

According to Severino, “Dogecoin is still following the XRP 2021 fractal.” Initially, he attracted parallels in October last year, warning that Doge could “pull this cycle”, showing how XRP traded almost sideways at a similar point of the market cycle.

However, the Sun analyst (@sunfire1126) does not agree, arguing that Dogecoin’s movement does not imitate XRP. Sun notes that “most coins have made this move so far” and quote other Altcoins, such as Ada and Hbar, which stopped around the output of 0.618 fibonacci or lower

The guy from the map replied that “remains open to the idea that he would break”, but also open to “another rejection”. If the price fails to be 0.33 USD (0.702 FIB) or 0.43 USD (0.786 FIB) at the end of April, confirms its plan to leave the market.

When one user suggested that Bearish became simply, the mare explained: “No, if you learned to read, I plan to sell the end of April, whether this scenario is taking place, and this will only reach $ 0.30/$ 0.40, or my stubborn scenarios play and reach a higher level.”

Changing the tone from a guy with charts is particularly noteworthy, because only two months ago he remained largely stubbornly at the dog. At the beginning of January, he emphasized the wick to 0.26 USD – 0.618 FIB – withdrawing it with an ideal opportunity to buy.

Then he believed that Doge would avoid the zone’s visit and was “finally ready” for the next leg, with 1 USD as a “minimum goal” and 4 USD as the highest. Since then, however, the dog got stuck below 0.30 USD, and a guy with charts is now based on Fibonacci’s obstacles – 0.33 USD and 0.43 USD – as factors determining whether he will leave his position until the end of April or at the beginning of May.

During the press, the dog traded at USD 0.20.

A distinguished painting created from Dall.e, chart from tradingview.com