Dogecoin (Doge) is in a moment of high weakness, but Ai Grok announces a breathtaking price prediction. The euphoria component that accompanied the action of the same prices in November 2024 seems almost completely disappeared, while quotes may break the support of $ 0.25.
In the meantime, however, the predictions of the IA Chatbot Grok suggest the possibility of an important imminent bull for Doge. Where is Elon Musk’s favorite cryptocurrency?
We discover it in this article.
Dogecoin starts 2025 on the wrong foot: red blood performance last month
After the last major rally recorded by Dogecoin (DOGE) in the months of October and November, the price only properly made for the inconvenience. Pushed by the media threw for the American elections, the same has printed an amazing performance of + 350% in just 60 days, but the market quickly reversed its trajectory.
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From December 8, Dogecoin loses approximately 48% of its valueAccompanied by a graphic structure showing ups and downs diminished. At the start of the new year, the play attempted a rebound above $ 0.40 level, but the movement turned out to be just a bull trap to exploit liquiditytY For the exit.
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Now prices are much lower than EMA 50 on the daily time, highlighting a Momentum entirely controlled by bears. Weak volumes and a RSI The holding of the Surolon conditions supervises this downward dynamic, while the sellers target the target of $ 0.17 per token, which would cause an additional dump of 31%.
In the past 30 days, Dogecoin has accelerated its decline phase, recording a decrease of 33%, in the middle of the general collapse digital assets. For the moment, the month of February, historically negative for the same, offers a reduction of -23%. This value considerably deviates from the average of -1%, which takes into account all the monthly performance of the assets from 2014 to today.
Now, Doge’s holders hope that cryptocurrency can reproduce a model similar to that of 2017, Where after the first two negative months, the Bulls arrived to brighten up the situation. On this occasion, Dogecoin printed green candles with double percentages and triple figure for 3 consecutive months, only to succumb to the classic “Sell ββin May and leave β.
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AI Grok predicts a possible rally for Dogecoin (Doge)
Although the price of Dogecoin seems to be crushed by imposing bear pressure, Generative AI tools like Grok show the presence of fertile soil for an imminent appreciation of the assets. These forecasts align with the historical monthly performance recorded by DOGE in 2017, as observed in the previous paragraph.
In particular, the Grok AI sees the level of $ 0.33,, About 30% of current prices, as the most feasible goal at the end of February. In the best of cases, the chatbot also talks about the possibility of seeing the Dogecoin price at 4.12 dollars. It would be a bull movement of more than 1550%, very improbable but not quite impossible.
The surprise approval of a ETF Because DOGE could give the graph the push he needs to break all the resistances and enter into the discovery of prices. Currently on PolymarketThe approval of a negotiated stock market for DOGE by the end of 2025 is 75%listed. Even a hypothetical media support of Elon MuskWho occasionally mentions the same on X, could play a crucial role in attracting new investors.
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Watch out for volatility!
Dogecoin could really approach the super optimistic prediction of Grok if The volatility index started to get up as he did during Bull Run 2021. On this occasion, the metric “Volatility 1 yearOffered by Messari has skyrocketed the nominal value from 1 to more than 4.4. To give an idea, Doge’s price increased by 711% in a similar contextCreate cascade liquidations on future and attract a huge mass of retail buyers.
If such a stimulus in terms of volatility does not happen, we could forget the Haussiers price objectives supposed by AI and should rather reduce the short -term objectives. At this time, a catalyst event is necessary that can shake the market, creating the conditions for a media phase without restriction.