Dogecoin is negotiated above $ 0.18, climbing higher after rebounded a recent lower. The recovery arrives at the rear of a new wave of optimism on the cryptocurrency market in the past 24 hours, starting with Bitcoin Cross over $ 90,000 Within this period.
According to a prediction by Crypto Javon Marks analyst, Dogecoin has the potential to reach more than $ 1.25 in 2025 due to a bull reinforcement narrative on the chandelier time graph of 5 days.
Javon Marks revises the Dogecoin target at $ 1.25 after new signals in small groups
Crypto analyst Javon Marks, in an update of his current Dogecoin thread on X, said that The continuation of the current trend could now exceed its previously established objective of $ 0.6533. His prospects are based on the action of the same corner prices on the 5 -day candlestick stopwatch and reduce movements to a multi -year period.
According to Marks, a thrust at $ 0.6533 is still at stake for Dogecoin and can serve as a control point on a significantly higher price level. Based on the historic performance of Dogecoin, Marks noted that the last time Dogecoin broke out of a higher base, which occurred in August 2024, he continued his rally by more than 500%. A similar model is currently taking place.
The graph published by Marks shows that Dogecoin retains its bullish market structure on the greatest deadline despite the price of the price since December 2024. This downward trend has seen the price of Doges falling from $ 0.48 Until he has the bottom to $ 0.1316 on April 7. In particular, the price action that followed after this price at a price saw Dogecoin create two Haussiers candlesticks on the period of 5 days. This, in turn, confirmed $ 0.1316 as a lower low on the greatest delay, the following movement is likely to be a rebound at a new higher level Similar to previous readings. Javon Marks noted that with the bounce already showing strength, the path to $ 0.6533 is more and more likely.
The moved to $ 0.6533 would represent an increase of 279% compared to current levels. However, the analyst also describes a secondary target At $ 1.25, what he noted is at hand if the Haussier training takes place fully.
Can DOGE reach realistic $ 1.25 in 2025?
Dogecoin started the year on a solid note, with many enthusiasts Anticipating a push over $ 1 Before the end of the year. However, the way its price movement took place saw its price now stuck less than $ 0.2, And place this level as the immediate target to close above.
Bringing the goal of Javon Marks of $ 0.6533 and thereafter $ 1.5 would see Dogecoin trade in new heights of all time. According to Crypto Exchange Changelly, DOGE has the potential to reach a maximum price of $ 0.3 in 2025 depending on the current purchase momentum. Consequently, reaching $ 1.25 will depend on several factors on the wider cryptography market, including a wave of purchase interest and the performance of bitcoin prices.
At the time of writing the editorial staff, Dogecoin is negotiated at $ 0.1828, up 11.65% in the last 24 hours.
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