Dogecoin prepares for an explosion – can Doge Bulls pay a 100 % price in the second quarter of 2025?
With a slight rise in the bullish strength, Memecoins flourished with the most difficult, as they do every time, with Dogecoin, Floki and Pepe & Bonk that leads the recovery. The recovery in the price of Dog was a decrease of more than 4 % due to Elon Musk’s comment on the government’s non -adoption. Meanwhile, the pressure pressure faded somewhat, which may raise the levels of more than $ 0.2 soon when the technicians turn up.
Since the institutions fell to the encryption space, the encryption was less affected by the developments in space or readings on the series. The only thing that is currently concerned is the United States government and its policies. It was widely seen in traditional markets and gold, which is peak due to uncertainty. The Dukwin whale accumulated more than 220 million dodes throughout the month of March, while the price remained about $ 0.17 and witnessed at once to more than $ 0.2, which was crushed at any time.
Looking at the historical graph, the DOGE price has reached the low support for the low parallel channel. The price is to find his support in the weekly MA for 200 days, while the weekly MA operates for 50 days as an immediate resistance. Selling pressure has decreased over the past few weeks, and MACD levels are heading to an upper intersection, indicating that the price may soon lead to a recovery and maintain a healthy height.
Will the price of Dogecoin reach $ 0.25 in April 2025?
When the price of Dogecoin finds himself between MAS, it tends to maintain horizontal unification until these levels are subject to either a thunderbolt or dumping cross. Moreover, in the short term, the basic procedure also displays a similar trend. DOGE’s daily chart shows that the price is unified along the most popular rising trend line, highlighting the ups of the upcoming price.
The price retains the length of the rising direction line since the outbreak of October. MACD suggests a decrease in the purchase pressure, but the levels, which were about to undergo a landmark, have turned. On the other hand, the relative strength indicators are still gradual, sticking along the upward trend line, indicating the high gathering strength. Therefore, the price of the DOGECOIN will maintain ascending unification along the direction line and reach the decisive resistance of about $ 0.2.
These levels were working as resistance and support levels when needed. Therefore, these ranges may exceed more confidence among the market participants. Since the size has increased slightly recently, it indicates that the bulls are vibrant and thus may appear required, which causes the price of Dogoin (Doge) to more than $ 0.25.
