Dogecoin (DOGE) to Match its ATH? Here’s What Could Spark the Surge

Tl; DR

• A popular analyst suggests that if Dogecoin (Doge) closes April above $ 0.20, he could trigger a strong bullish momentum.
• With Elon Musk, the hope of damping the adoption focused on the government, attention has moved to the potential approval of an ETF Spot Doge, which could stimulate the demand for the assets.

Is it time for another bull?

The room even OG saw its price increase by 12% last week, briefly exceeding $ 0.19. The increase has drawn the attention of many market observers, some of which predicted much more impressive gains in the near future but under certain conditions.

Renamed analyst Ali Martinez believes Dogecoin (DOGE) can explode at its top of $ 0.74 if it closes the month above $ 0.20.

“Such an escape would signal a strong bullish impulse and potentially arouse increased interest in investors,” he added.

The late merchant and Muro also weighed. claimed That DOGE recovered the exponential mobile average (EMA) “after the breakup” and considered an increase up to $ 0.80 in the following months. For their part, Muro believes The possible rally of this Doge could ignite a season in allusity:

“Once DOGE Starts to pump, it would be the official signal for a legitimate Altans season, it has always been the indicator of the season of seasonal Altes. »»

While waiting for this catalyst

After the disappointment was faced with the attempt of Elon Musk rather controversial and somewhat failed to really reduce excessive government spending, an agency that has the name of Doge, the community of Dogecoin began to look for oThese catalysts which could act as price boosters. An example is the potential approval of an ETF Spot Doge in the United States.

The gray levels, bit and Balbuzard levels are among the companies that rush to launch this type of product. The chances of a green light before the end of 2025 have increased lately, currently standing at around 58% (Polymarket data).

This type of investment vehicle will offer people the opportunity to expose themselves to Dogecoin without having to buy the cryptocurrency directly. As a result, it could attract additional investors and inject new capital into the ecosystem.