Epic Doge Bull runs under certain circumstances

TL; D

• Analyst Ali Martinez suggests that Dogecoin (Doge) can face great gains if it remains over the support area of ​​$ 0.17.
• The possible launch of Spot Dogecoin ETF, with the requests recognized by SEC from major companies such as Grayscale and BitWise, can enhance access and invested demand, which positively affects the price in the long run.

The climbing scenario

the Elderly Mimi currency in conditions The total market value was not at its best recently. Its price is currently trading of about $ 0.19, which represents a 20 % decrease on a two -week scale.

However, the negative The performance did not prevent many analysts from dropping optimistic predictions. The famous X -Martinez user recently Proposal Dogecoin still (Doug) On the route As long as the evaluation remains over the support area of ​​$ 0.17. And predicted that the upward trend could lead to a huge level of $ 2.74 (Which is An increase of 1300 % from the current price level).

It is important to note that despite its enhanced fluctuations in the past months, DOGE has been circulating over the pictorial sign. The last time it was circulated to less than $ 0.17 was in November 2024.

Another participant in the industry was weighing recently is Tardigrade Tradigrade X. Earlier this week, they are supposed The average trend index in Dogecoin (ADX) indicates a possible increase. The technical analysis tool is part of the directional movement system developed by J. Welles Wilder and measures the strength of the market.

ADX does not necessarily indicate whether the value of the original will rise or rise, but it helps in assessing whether it follows a strong direction or moves within a range. Usually it is used with other indicators to verify health Movement of movement.

Finally, not another, we will address the DOGE (RSI) relative index, which is what also It hints that the price of the Mimi currency may go north in the short term. During the past few hours, it was the ratio near Al -Soulaliya area to 30, which indicates that Dogecoin may be exaggerated and prepare for a gathering.

Dog ETF on the horizon?

One major factor may serve as an incentive for Distinguished code price It is a possible launch of the Spot Dogecoin Trochiedd (ETF) box in the United States. The well -known list The entities that were offered their intentions to present such a product include gray, bitWise boxes, Osprey, and others. The United States is SEC Recognized some Subordinate Requests during the past few months.

This type of investment vehicle for investors will enable investors to be exposed without dealing with stock exchanges or concern about self -needs methods. this You can bring more people to the ecosystem and It has a positive effect on The price in the long run.

Different members of society recently speculated that X is that the launch of Spot Doge ETF may be possible. According to For polymarket, approval before the end of the year is about 66 %.