The encryption analyst predicts that Dogecoin will reach $ 1.25 in 2025, which is the reason for this
Dogecoin has returned to trading above $ 0.18, and rises up after recovering the highest level in recent times. The recovery comes on the back of a new wave of optimism in the coercive currency market over the past 24 hours, starting from Bitcoin Crossing above 90,000 dollars During this time frame.
According to the prediction of Javon Marks, Dogecoin has the ability to reach $ 1.25+ in 2025 due to the promotion of the bullish narration on the candle timer timeline scheme for 5 days.
Javon Marks reviews the DOGECOIN goal to $ 1.25 after fresh penetration signals
Javon Marks, in a update for its continuous thread, dogecoin on X, This is mentioned The current trend now can now exceed its goal of origin, which is $ 0.6533. His view of the MEME COIN prices is based on the time frame scheme for 5 days and discounts across movements over a multi -year period of time.
According to Marks, payment to $ 0.6533 is still playing with Dogecoin and may be a checkpoint on the road to a much higher price level. Depending on the historical performance of Dogecoin, Marx indicated that the last time Dogecoin erupted from a higher low base, which occurred in August 2024, continued to gather more than 500 %. A similar pattern is currently revealing.
The graph published by Marks Dogcoin shows the preservation of the bullish market structure on the larger time frame despite the lower trend of prices since December 2024. This lower trend has witnessed a decrease in the price of DOGE from $ 0.48 Until it falls into 0.1316 dollars on April 7. Especially since the procedure that followed that price after this price has witnessed that Dogecoin creates two signs of ups off on the time frame for 5 days. This, in turn, confirmed 0.1316 dollars as a higher decrease in the largest time frame, with the possibility that the next step is to the highest new higher level Similar to the previous qualifiers. Javon Marks noticed that with the high force that actually shows the force, the path is likely to be to $ 0.6533.
The expected transfer to $ 0.6533 will an increase of 279 % over the current levels. However, the analyst also Set a secondary goal At 1.25 dollars, which he indicated on hand if the upscale formation is fully operated.
Could Dog realically reach $ 1.25 in 2025?
Dogecoin year has started with a strong note, with many enthusiasts Expect a batch above $ 1 Before the end of the year. However, the way in which the price movement has witnessed has seen its price You now hold less than $ 0.2, This level is placed as an immediate goal to close the above.
A broken goal of the Javon Marks of $ 0.6533, after which $ 1.5 will witness Dogecoin trading at all levels ever. according to Crypto Exchang Changelly, DOGE has the ability to reach the maximum price of $ 0.3 in 2025 based on the current purchase momentum. Consequently, reaching $ 1.25 depends on several factors in the broader encryption market, the most prominent of which are a wave of purchase benefits and the performance of bitcoin.
At the time of writing this report, Dogecoin is traded at $ 0.1828, an increase of 11.65 % over the past 24 hours.
Distinctive image from Istock, Chart from TradingView.com
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