- Dogecoin escape signals increased to $ 0.6533, an increase of 80%.
- Historical trends suggest that Dogecoin can reproduce the bull cycle passed with strong gains.
- The institutional interest and the Graycale trust stimulate the long -term viability of Dogecoin.
Dogecoin (DOGE) draws attention because analysts predict a significant price wave after his recent escape. Crypto Javon Marks analyst planned DOGE could reach $ 0.6533, marking an increase of 80% compared to its current levels.
If momentum Continue, the same part could increase even more to $ 1,2511, representing an amazing gain of 333%. These bullish perspectives align themselves with past market cycles where Dogecoin experienced two major corrections before a solid gathering.
Historical trends indicate a strong potential
Merchants have noticed similarities between the current market cycle and the Bull Run 2020-2021. At the time, Dogecoin saw several withdrawals before soiled To record ups. This model suggests that the story can be repeated, with Doge ready for another explosive rally. Technical indicators also show promising signs, strengthening the expectations of a sustained increase trend.
Institutional investors enter the market
The growing institutional interest in Dogecoin signals increases confidence in its long -term viability. Companies have started to accumulate DOGE, with Neptune digital assets recently Purchase 1,000,000 tokens thanks to a strategic derivative trade. The company acquired the asset at an average price of $ 0.37 per token on December 27, 2024.
In addition, Neptune expanded its portfolio by buying 20 bitcoin at an average price of $ 99,833 per BTC. The CEO of the company, Cale Moodie, reaffirmed its commitment to digital assets while guaranteeing a balanced approach to take advantage of the risks. This strategic decision underlines the growing appetite of the company for cryptocurrencies beyond Bitcoin and Ethereum.
In addition, the launch by Graycale of a Dogecoin trust on Friday provided institutional investors and accredited a regulated investment vehicle. This evolution improves the credibility and accessibility of DOGE, potentially feeding an additional accumulation.
Technical indicators suggest a mixed feeling
XRP / USD daily price board, Source: Commercial view
Despite the bullish projections, the technical indicators reflect drop momentum. Since press time at the cost of $ 2.51The relative force index (RSI) is currently at 38.89, signaling a weakness but remaining above the levels of occurrence. If RSI decreases more, this could indicate the exhaustion sale, which can trigger a rebound.
In addition, the divergence of mobile average convergence (MacD) remains below the signal line, confirming the lower momentum. The histogram remains in the negative area, strengthening the low purchase pressure.