The higher-timeframe momentum gauges for Dogecoin are quietly resetting, and two widely followed chartists say the setup that preceded DOGE’s biggest advances is close to reappearing.

In a new monthly chart, Kevin (@Kev_Capital_TA) stacks three market cycles and highlights a repeating structure: long, descending consolidations that resolve into impulsive breakouts, followed by measured Fibonacci 1.618 extension targets penciled far above the range.

One Trigger Could Ignite Dogecoin’s Cycle Surge

The present cycle has already cleared its multi-month falling wedge on the 1-month chart and, critically, completed a clean throwback: price pushed through the descending trendline, retested it from above, and turned higher, converting former resistance into support. On Kevin’s canvas, DOGE trades in the ~$0.23 area on the monthly scale, sitting beneath layered horizontal supply bands but above the wedge ceiling that capped it through the consolidation.

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Momentum is the hinge of Kevin’s thesis. “Anytime we saw Monthly Stoch RSI crosses on #ogecoin outside of the bear market along with an uptrending Monthly RSI ultimately lead to massive rallies to the upside,” he writes. He adds that “the goal is to get the StochRSI to cross the 20 level and show follow through as anything below that level is a sign of weak momentum. Currently crossing to the upside and at the 13 level.”

His lower panel draws a rising diagonal on the 1-month RSI—explicitly labeled “Higher Lows on 1M RSI”—to underscore that longer-term momentum troughs have been stepping up even as price coiled inside the wedge.

Kevin also reiterates the inter-market backdrop he’s watching: “If BTC can move higher and not putter out on us and we ultimately get ETH into price discovery with a dropping BTC Dominance then like I have said before DOGE’s biggest move of the cycle is likely. Just need a little more time and for BTC and the macro to support the move. That’s the reality not engagement farming hopium.”

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With the structural breakout and retest in hand, the remaining confirmation on his checklist is mechanical—see the monthly StochRSI reclaim and hold above 20 while the monthly RSI preserves its pattern of higher lows.

On targets, Kevin has previously mapped an aggressive trio of Fibonacci extensions above the last cycle’s peak: 1.618 at $3.97, 1.65 at $4.33, and 1.703 at $5.00. In prior cycles on the same template, wedge resolutions were followed by vertical expansion toward comparable 1.618 objectives; these three levels now serve as forward waypoints should trend acceleration resume.

Ichimoku Cloud Analysis For DOGE

A complementary, mid-cycle lens from Cantonese Cat (@cantonmeow) uses 2-week candles with Ichimoku Cloud to track the transition. “It’s doing more or less what I thought it would do from 2 months ago,” he notes, “where it bounced off the cloud, reclaiming Tenkan (blue line) as support, and is trying to launch itself above the green Ichimoku cloud on the right.”

In Ichimoku terms, that sequence—cloud bounce, Tenkan regain, then an attempt to clear the top of the forward green cloud—aligns with a shift from corrective to trending conditions on the 2-week timeframe and dovetails with Kevin’s higher-timeframe momentum trigger.

Taken together, the two studies narrow the focus to a clear condition set. Tactically, the 2-week chart is pressing the cloud top after reclaiming the Tenkan as support. And cyclically, the 1-month StochRSI is curling up from ~13 toward the threshold Kevin considers decisive at 20 while the 1-month RSI maintains a series of higher lows. If those momentum thresholds are secured against a supportive majors tape—firmer BTC, ETH in discovery, and declining BTC dominance—the Fibonacci extensions at $3.97, $4.33, and $5.00 could be DOGE’s price targets for this cycle.

At press time, DOGE traded at $0.223.

Featured image created with DALL.E, chart from TradingView.com

OKX founder and CEO Star Xu has publicly defended the crypto exchange after Tron founder Justin Sun accused it of failing to act on a law enforcement request to freeze stolen funds following a recent hack of Tron’s official X account.

“OKX also has consumers protection policy according to law, we can’t freeze a customer’s funds according to your personal X post or an oral communication. I think you should understand it as the CEO of HTX,” Xu said in an X post.

OKX says there is no communication in the spam box, either

Xu said that the crypto exchange had not received any related correspondence through OKX’s official channels. “Our LE cooperation team just checked the email, including the spam box; we haven’t received any request related with this case,” Xu said.

In what is now an unavailable X post, but was screenshotted by Xu, Sun had earlier claimed that OKX has not responded to a “freeze notice” sent to its official email address from a “relevant law enforcement agency.” Sun said that he had no other way to contact OKX’s compliance department.

“These stolen funds do not belong to me; I’m acting to protect the community,” Sun said. On May 3, Tron DAO told its 1.7 million X followers that its account had been compromised. Tron explained that during the breach, an unauthorized party posted a malicious crypto token contract address, sent direct messages, and followed unfamiliar accounts.

“If you received a DM from our account on May 2, please delete it and consider it the work of the attacker.”

In response to Sun’s claims of inaction, Xu publicly called on him to provide a screenshot showing when and where the law enforcement request was made.

The Tron incident is one of several recent security breaches involving high-profile crypto accounts on X.

Related: Over 14,500 Tron addresses at risk of silent hijacking

Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder, Yu Hu, were the victims of an X social media hack on March 15. The hackers opened up a short position on KAITO tokens before posting that the Kaito wallets were compromised and advised users that their funds were not safe.

Just a few weeks before, on Feb. 26, The Pump.fun X account was compromised to promote a fake governance token called “PUMP” and other fraudulent coins.

Meanwhile, the X account of UK member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked on April 15 to promote a scam crypto token.

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

]]> https://earlybirdsinvest.com/okx-fires-back-at-trons-justin-sun-over-mysterious-freeze-notice/feed/ 0 34292 https://earlybirdsinvest.com/the-286000-volt-bear-blaster-fires-fierce-5-inch-sparks-to-scare-off-bears/ https://earlybirdsinvest.com/the-286000-volt-bear-blaster-fires-fierce-5-inch-sparks-to-scare-off-bears/#respond Tue, 08 Apr 2025 17:27:57 +0000 https://earlybirdsinvest.com/the-286000-volt-bear-blaster-fires-fierce-5-inch-sparks-to-scare-off-bears/

Why it matters: Imagine you’re deep in the backcountry when a bear suddenly appears, sizing you up. Typically, you’d reach for your tried-and-true can of bear spray – trusted by wildlife experts and often even more reliable than firearms. However, one adventurous DIY YouTuber has built something far more theatrical: the Bear Blaster 5000.

Drawing from over 20 years of experience in high-voltage engineering, Jay Bowles from the Plasma Channel created a device that emits fierce, crackling sparks and flashes. He aimed to make a device scary enough to send most animals packing. The idea is rooted in animal behavior. Many creatures instinctively avoid sounds that resemble natural danger, like thunder and lightning. High-voltage arcs produce similar auditory cues, and Jay decided to exploit that.

The Bear Blaster runs on two voltage multiplier circuits. Jay initially tried a full-wave design, but the arcs could only travel a few inches. So he switched to a pair of half-wave multipliers – one on each side – wired in reverse polarity. That setup produced substantial positive and negative charges, pushing voltage in opposite directions and enabling longer, more powerful plasma bursts. The final result: a sci-fi-looking contraption spitting five-inch arcs and delivering a staggering 286,000 volts. Even humans might think twice before sticking around.

Each electrode is fitted with a nut to focus the electric field and increase arc reliability. A coat of resin also protects the internal capacitors and diodes to ensure safety. Powering all this is a compact battery system that delivers about five minutes of continuous high-voltage sparks, which charges in just 15 minutes. Encasing all that tech is a sleek 3D-printed shell that fans of the Halo franchise would say resembles the iconic Plasma Pistol.

While it doesn’t shoot balls of plasma, it does unleash visible electric arcs between two rounded electrodes. Jay notes that just a few seconds of flashing and crackling is usually enough to spook a timid bear or other wildlife.

“I don’t know about you, but this? That’s a thing of pure beauty right there,” Jay exclaims in his video. “Look, there’s no way in hell any animal would charge at you with this thing going off. It worked so much better than I actually planned for.”

Jay acknowledges that no tool is flawless. While the Bear Blaster offers a creative, non-lethal alternative for those seeking options, it likely won’t replace traditional bear spray. Aggressive bears may not be deterred by light and noise alone, and experienced hikers still advise carrying bear spray for added security. However, it is way more dramatic than banging on a pan.

Why it matters: Vaping has been around for a long time, but its popularity didn’t skyrocket until the early 2010s. Since then, it has significantly contributed to the world’s e-waste problem, with thousands of disposable devices filling landfills and recycling centers. Not only are e-cigarettes damaging to the environment, but they are also a growing fire hazard.

Fire Rover, a company that specializes in automated and semi-automated fire suppression systems, released its annual report noting that waste and recycling fires are steadily rising. In 2024, the company recorded 2,910 fires – a 60-percent increase from 2023’s 1,809 and a 100-percent jump from 2022’s 1,409 incidents. The report also notes that fire crews dispatched to emergencies at trash and recycling facilities hit a record high of 398, a steady growth since Fire Rover began tracking the stat at 275 incidents in 2016.

Lithium-ion battery fires are not new, nor are they the only cause of trash and recycling blazes. Fire Rover CEO Ryan Fogelman told Ars Technica things like fireworks, pool chemicals, and hot barbeque briquettes pose just as much risk. However, batteries, particularly those in disposable vaping products, are a rapidly growing cause mainly because of consumer ignorance and a lack of widespread e-waste collection.

Many well-meaning customers know not to throw their vapes in the regular trash, so they use the other option – recycling bins, which is no better. No matter which facility these devices land in, they can ignite in many ways. Crushing pressure, puncturing, short-circuiting, and vibration from facility operations are common causes. However, battery defects, internal cell failure, and overheating are indirect means of ignition that refuse centers cannot control. Fogelman estimates that about half of the incidents Fire Rover tracks are battery-related, costing facilities approximately $2.5 billion in 2024 alone.

The CEO says that a properly functioning e-waste infrastructure could reduce this trend, but that does not currently exist and does not seem to be a high priority. Furthermore, the few facilities offering e-waste collection are abandoning or restricting it, likely because of the associated costs.

For example, my local refuse center used to pick up e-waste once a year. It recently discontinued that service. Customers can still bring in their e-waste, but the facility has a long list of items it refuses to accept. The added inconvenience of having to haul in their old electronics and the annoyance of not having anywhere else to dispose of the unaccepted items has likely led many to just chuck the lot into the regular recycle bin or the trash.

Video of a Fire Rover suppression system identifying fire and then smoke to extinguish a blaze before it spreads.

Fire Rover points its finger at the vaping industry, believing it should take more responsibility for helping clean up the mess it has helped create.

“Not only are their batteries being improperly discarded in waste and recycling bins, but the vape industry has done the bare minimum to invest in the technology needed to address the 1.2 billion vapes entering our waste and recycling streams annually,” the report states.

Of course, you could always just use them to charge your phone.

Image credit: Vaping360