Dogecoin eyes (Dog) on $ 0.43 amid Blockchain musk plan
It seems that the current feelings of Dogecoin (Doge) is an escalation, and it seems that they are preparing to attend a huge march due to the formation of difficulty in prices and the last ELON Musk views on the Ministry of Government efficiency (DOGE). These factors seem to transform the morale of the market in Dog.
Elon Musk Technology and Blockchain
Recently, Elon Musk, the founder of the billionaire of Spacex and Tesla, revealed that he explores Blockchain technology to make the Duji section more efficient and track government performance. Musk ideas gained great attention from encryption experts and analysts.
Looking at this, the founder of Cardano Blockchain Charles Hoskinson posted on X (previously Twitter) and stressed, “I think this is a job for Cardano, Bitcoin and Midnight.
This post on X has gained widespread attention from encryption experts and also indicates how this can benefit from the generally encoded currency market in the long run.
Current price momentum
Despite these positive developments, Dodge It is currently being traded near $ 0.354 and has witnessed a 1.35 % price increase during the past 24 hours. During the same period, the trading volume decreased by 30 %, indicating a decrease in participation from merchants and investors compared to the previous day.
Dogecoin (Doge) and upcoming levels
According to expert technical analysis, Doge appears bullish, as he currently works at the decisive support level provided by Trendline and is also preparing for the outbreak of the oblique direction line on the time frame for four hours. Since December 2024, Dog has supported from this direction line four times, and every time, a great impetus in the upward direction has seen.
Looking at the historical price momentum, experts expect a similar type of bullish momentum. Based on the last price procedure, if Dog violates the trend line and closes a four -hour candle above the level of $ 0.365, there is a strong possibility that it may rise by 20 % to reach a level of $ 0.43 in the future.
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2025-01-26 03:30:00
