Analysts predict a significant price for Dogecoin (Doge) in the coming months, and put Mimi's currency again in the spotlight. Some analysts believe Dodge It will reach $ 1.35 by mid -April, a significant increase in its current price of about $ 0.27, while recovering the encrypted currency market. The famous Meme encoded will increase by 400 % and reaches new horizons if this prediction comes.
The strength of the market nourishes the optimism
like Bitcoin The batch leads above $ 57,000, the broader market has been heated. Historically, the Meme encryption, like Dogcoin, has benefited from the rise of Bitcoin. Its speed is usually matched with fixed but prominent increases.
Looking at daily transactions about $ 1.5 billion, the recent increase in the size of DOGE trading indicates a large demand from investors. This increase in the activity is evidence that merchants will prepare to penetrate.
Previous patterns indicate an upward cycle
After the events of Bitcoin half, Dogecoin has a sign of climbing significantly through the bull market. Celebrity sponsorship and social media, Dujen, led from $ 0.05 to $ 0.74 in a few months in 2021. Although the current session may not follow the same path, the previous numbers indicate that in the favorable market conditions, The same angle He has the ability to recover greatly.
Crackle analyst Kinopi Expected This Dogecoin may reach $ 1.35 “within 70 days” from its lowest level on February 3. This expectation is in line with mid -April, which is a decisive time frame that decreases one year after the half of the Bitcoin event.
The cryptocurrency market had a significant increase during the previous half cycle, and this may happen again, prompting Dogecoin to evaluate the market about $ 200 billion.
#Doge To $ 1.35 within 70 days of its lowest level on February 3, if it follows the timing of the last session. This is in line with mid -April. Do you remember? Exactly one year ago since the half of Bitcoin, just as happened in the last session. This means that the market value … https://t.co/bogd9abflk pic.twitter.com/duof9rlhnx
– Master Kenobi (bebtc_masterPlan) February 15, 2025
Important support levels, monitoring resistance
Before Dog reaches $ 1.35, it needs to exceed some strong resistance. Analysts see $ 0.30 and $ 0.45 as important levels of verification before moving about one dollar. The support level at $ 0.20 remains strong on the downside, and it is a safety net if there is a short decrease. A fixed height can occur to $ 1.35 if people continue to buy at these prices.
Bang
Although people are optimistic, buyers should be careful. The cryptocurrency market is still very unstable. Dogecoin has a strong society behind it, but it still lacks a basic benefit compared to other large encrypted currencies.
Since speculation still affects their price, sudden declines are always a possibility. For those who hope to take advantage of the potential gathering, risk management is very important.
Everyone will monitor DOGECOIN with April approaching to see if it can all surprise them again. Regardless of whether or not DOGE is $ 1.35, the future looks bright for both merchants and holders.
Distinctive photo of Pexels, tradingView graph
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