Dogecoin worth has been displaying main power not too long ago with greater than 14% positive factors on the weekly chart and eyeing a possible breakout above $0.21, after which it will possibly kickstart rally to $2 for one more 10x positive factors. Moreover, Elon Musk has as soon as once more teased DOGE, sharing a Ghibli Anime character of his from a famour scene from “The Lion King”.
Dogecoin Worth Eyes A 10x Breakout Forward
Within the final 24 hours, the Dogecoin worth has surged one other 4%, shifting to $0.205 with its market cap simply touching $30 billion. Moreover, the every day buying and selling volumes have surged greater than 32%, crossing $2 billion displaying a robust bullish sentiment aong merchants.
Moreover, the Coinglass knowledge reveals that the DOGE futures open curiosity can be up 4%, shifting above $2 billion, whereas the 24-hour liquidations have soared to $13.82 million. Fashionable crypto analyst CryptoELITES has cited the formation of a cup-and-handle chart sample, whereby the DOGE worth is on the transfer to finish the cup sample. In consequence, he expects the meme coin to register 10x positive factors from right here onwards.
Some merchants additionally anticipate the DOGE worth rally to proceed to $8 because the meme coin breaks previous the three-month trendline.
DOGE SuperTrend Indicator
Crypto analyst Ali Martinez has highlighted a possible bullish section for Dogecoin (DOGE) based mostly on the SuperTrend indicator. In keeping with Martinez, the favored meme coin might enter a major upward pattern if it manages to interrupt via the crucial resistance degree of $0.21.
The SuperTrend indicator often helps to determine pattern reversals and potential breakout factors. Thus, surpassing this key threshold of $0.21 Dogecoin worth might sign renewed investor momentum for the meme coin.
Elon Musk Teases the DOGE Ghibli Anime
In a parody of the well-known scene from Disney’s “The Lion King,” Elon Musk as soon as once more teases Dogecoin with the a lot well-liked Ghibli Anime character. As an alternative of a lion cub, the character is holding up a Shiba Inu canine – the mascot of the Dogecoin cryptocurrency.
Theme of the day pic.twitter.com/2ioG0StAxL
— Elon Musk (@elonmusk) March 26, 2025
The animated picture is paying homage to Studio Ghibli. The Ghibli Animes are seeing huge recognition not too long ago, and Elon Musk leaping into the pattern with DOGE, might present additional catalysts for the meme coin. Moreover, the Dogecoin worth prediction charts present a possible consolidation above $0.20 for the month of April.
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Crypto Worth At this time: BTC, ETH, SOL, XRP, SHIB, DOGE, LINK, PEPE, ADA
Bhushan Akolkar
Bhushan is a FinTech fanatic with a eager understanding of monetary markets. His curiosity in economics and finance has led him to give attention to rising Blockchain expertise and cryptocurrency markets. He’s dedicated to steady studying and stays motivated by sharing the data he acquires. In his free time, Bhushan enjoys studying thriller fiction novels and infrequently explores his culinary abilities.
Disclaimer: The introduced content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty to your private monetary loss.
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