The news that Iran and Israel have agreed to a ceasefire brokered by US President Donald Trump may have marked the bottom for the Dogecoin price. Via X, independent chartist Maelius (@MaeliusCrypto) uploaded a weekly DOGE/USDT study that he believes is tracing an unusually clean, nested 1-2, 1-2 “spring-loaded” Elliott set-up – the kind of formation that often precedes an outsized third-wave rally. “DOGE … Market makers, please, don’t send it too hard,” the analyst joked on 23 June, imploring liquidity desks to let the structure mature before unleashing volatility.
Dogecoin Ready To Explode?
In Maelius’ count, the second of the two minor wave-twos ended last week when price tagged $0.142 and immediately snapped higher. That inflection, visible on his chart as the tip of a long lower wick, occurred exactly where the 200-week exponential moving average ($0.142) intersects a rising support trend-line that has tracked Dogecoin since late-2023 – a textbook are
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