Dogcoin $0.195558 price Bitcoin 
$105,658.08‘s 105 thousand dollars below the threshold fell by 3 percent fell by re -tested the support of $ 0.187. Nevertheless, the largest Memecoin recovered by 10 percent in the last four weeks. Dogecoin, which has a total market value of around 28 billion dollars, has a 24 -hour trading volume at $ 748 million. While the corporate investor interest increased, the probability of Spot Dogecoin ETF would be approved during the year increased to 51 percent compared to Polymarket data. The integration of the Coinbase -supported Base network “WRAPPED DOGE” is expanding the usage areas of the network.
Short -term expectations for the price of dogecoin
Dogecoin is a well -established rooted memecoin As Bitcoin’s decline in dominance on the market is trying to turn it into an advantage. There was a break from the low -rise formation in the daily graph, and permanent placement of the price above $ 0.26 can provide a new acceleration. The support of 0.187 dollars sees the strong buyer interest, and if this region is broken down, the historical support of around $ 0.16 may come to the agenda again. Although the increase in volume in the short term was limited, the RSI approached the neutral region and left space for a potential leap.
The corporate party keeps the risk appetite high in Altcoin due to increased ETF expectations. 21shares, Grayscale, Bitwise And Rex Shares such fund managers in the USA Spot Dogecoin ETFWaiting to present. The future confirmation for a spot fund compared to futures products will bring direct cash input to Dogecoin and reduce the volatility of the price. This table brings the expectations of long -term investors as well as short -term investors.
Medium -term targets are quite high
Bitcoin’s dominance on the market will encounter resistance in 65 percent band for this year Altcoin season strengthens his discourse. Dogecoin’s late reacting in market cycles supports the possibility of a paraboolic movement if the potential rally becomes accelerated. Depending on the technical appearance, the arrival of daily closing over $ 0.26 may bring up to $ 0.35, $ 0.50 and $ 1 in a short time.
As the probability of ETF approval increases Dogecoin ecosystem It earns new areas of use. The version “WRAPPED DOGE” in the BASE network increases liquidity by allowing interaction with decentralized finance protocols. This development deepens the integration of the network with mining guarantee with defi and smart contracts. Experts say that even if there is no approval, the application process strengthens corporate visibility, and if the approval comes, the $ 1’s threshold will be the first major psychological barrier.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
