Dogoin-Dogy returned to the spotlight with the renewal of its whales (senior investors) and optimistic expectations of the possibility of penetrating the price of the highest level of $ 0.20, because its main owners bought last week and collected 100 million currencies, which increased the growing expectations that its price increased last week.
This step and the growing feeling of optimism for small investors and institutional investors, including the sudden support of 21Shares, is a leading company in the research and export of CRIPTO investment products circulating on the Stock Exchange (ETP). A recent publication was summarized by Justdoin on CoinmarketCap General Mood as follows:
“Dugkin wins a strong momentum with the purchase of 100 million Doges whales within 7 days, as well as optimistic signals on the possibility of a high price; some expect to start around $ 0.20 or more with a targeting of $ 5 in the long term.”
Although the $ 5 level may seem a very ambitious goal for some, there is a consensus that the future of Dujakin could be brighter than many.
For its part, 21Shares published a detailed research note on April 30, showing that Dujakin had become more than the MIM play.
.@Dogecoin It is no longer a meme – it could be an intelligent addition to your wallet.
Our latest research shows that even an alliance of 1% of DOGE has increased RTurn and improving Sharpe ratios in a 60/40 Henged Bitcoin portfolio.Read complete ventilation: pic.twitter.com/ooxer1pt – 21Shares (@ 21Shares) April 30, 2025
The study has also confirmed that Doge’s money is now an “intelligent addition to your investment bags” and has provided data back models showing the improvement of Sharpe yields and ratios when adding Doge currency to traditional investment bags with a distribution rate of 60/40.
This study indicates that the 1% allowance in Dujakin in the investment bag can increase the average annual return to 8.95% in the event of acceptable fluctuations, and the note has placed three scenarios for the future Dujakin price track.
In the descending scenario, and if the price of Dujakin increases a modest annual rate of 10% of its summit in 2021, the price will reach $ 0.38 in 2025. For its part, the neutral scenario supports Doge to keep its leadership position as MIM with a smaller action in the Crapto market estimated at $ 5 billion, and then the price will reach the market CRAPTO.
As for the growing scenario, the company 21Shares expected the price of Doge to reach $ 1.42 if its previous complex growth rate is repeated with the support of regeneration of M and practical uses, as well as include it in platforms, in particular the X platform for its owner Elon Musk.
Recovery of whales and artistic: The horizons for the Doge medal
The future prospects for long and short -term appear – exciting and attractive. Once its price has increased by around 15% in the past two weeks, the Doge price reached $ 0.19 on April 26 before it increased to around $ 0.18.
Technical analysts estimate that this last price movement represents a decisive breakthrough at the highest level of critical resistance at $ 0.175, and the late merchant has announced that the high price of DOGE at the highest level of $ 0.175 supported the possibility of its height above $ 0.20 in the coming days.
#Dogecoin Burst
$ DOGE pic.twitter.com/9y1ndf6dxi – Trader Tardigrade (@tatrader_alan) May 1, 2025
For its part, the Cryptobullet analyst supported this opinion, indicating that the Movement of Dugkin prices can constitute the traditional artistic model “The accumulation cylinder”, which generally precedes a major movement in the ascending direction.
$ DOGE Prints a manual accumulation cylinder
According to this model, we should see a giant pump in the coming months
We do not know what the catalyst will be, but only interesting is to come. Add here pic.twitter.com/m5snbzzl4t– Cryptobullet (@ cryptobullet1) April 30, 2025
Their optimistic expectations indicate a potential summit for the current session of $ 3.20, followed by a decrease in current levels by 2027. Whale activity continues to constitute a strong indication of its upward management, and Ali Martinez said that the main owners of Dugkin (who have 1 million to 10 million currencies) bought 100 million currencies this week, 10.5 billion tickets, which no longer constitutes his week.
Above all, this trend attracts small investors and reduces the market offer, which opens the way to possible price altitudes; Given that the value of Dogkin assembled currencies is less than $ 20 million, some maintain that it may not be sufficient to pay a significant increase in their price.
Will Doge’s price manage to hack resistance, or will it decrease again?
Despite the optimistic general mood, Dogkin is still confronted with enormous challenges before being able to reach a decisive penetration, after his price reached a breakthrough at $ 0.1920, he decreased again without the main level of support at $ 0.1750. According to data from the Cryptonews website, the Doge currency is exchanged without the average moving index for 100 hours, and its price is a downstream line with the resistance position at $ 0.1740.
Consequently, the Dogkin price must exceed $ 0.1800 and close at a level of $ 0.1850 to maintain its momentum in the direction upwards, and its penetration can open at $ 0.1920 per field for the level of psychological resistance of $ 0.20, targeting the level of $ 0.1980 followed by a level of $ 0.2000.
On the descending side, the nearest support levels are $ 0.1700, followed by a level of $ 0.1680. If the price does not maintain these levels, it can decrease towards a stronger support at $ 0,1600, or even $ 0,1550, and finally the level of $ 0.1450 if it is long.
Consequently, the technical indicators draw a mixed image, despite the modification of the discoloration of the MacD index, and the RSI index exceeded 50 by a small difference in a clear indication of a light mile to positive.
While the market awaits the clarity of the scene, the news still focuses on Dujakin, that it allows the price to penetrate more than $ 0.20 in the short term or to see relatively stability, the future prospects for Dujakin’s performance seem to be positive in the long term.
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