Dogcoin price struggles under $ 0.18 resistance as geopolitical intensity increases. Here's how the Doge could react if it matches 30% of the US M1 supply.
Dogecoin (Doge) faced a gentle pullback in the middle of the Indian-Pakistan crisis
The momentum of the dogcoin price (DOGE) has weakened the past two weeks, reflecting the broader sentiment at risk in the broader crypto market. This bearish sentiment intensified on Tuesday, amid the rise of geopolitical tensions between India and Pakistan, which has taken care of the global markets of equal -equal.
Until May 6, 2025, DOGE traded at $ 0.1712, reflecting a 0.2% collapse at 24 hours, a loss of 1.7% last week, and a 4.1% decline in the last 14 days.
Dogecoin prices forces under $ 0.17 at the time of the press on Tuesday, as the meme coin has repeatedly failed to break beyond the basic level of psychological resistance to $ 0.18 during a broader market recovery earlier in the trade session.
The current Depression of Doge's price reflects a careful stance of entrepreneurs, given the absence of Dogecoins that are specific catalysts and increased volatility in global macroeconomic conditions.
Against Bitcoin, Dogecoin is also losing its ground, currently trading at 0.051781 BTC, marking a 1.4% day -to -day decline.
This BTC-related underperformance suggests that investors rotate in capital outside of higher risk properties such as Doge and in more established cryptocurrencies and high liquidity markets.
US M1 Supply Trends Boost Long-Term Bullish Case for risk assets such as Dogecoin
As with other risk -owned risk, the benefits of the Doge's price when central banks expand liquidity, especially through mechanisms such as the increase in US M1 supply.
M1 includes physical currency and demand deposits, essentially the most liquid part of the currency supply.
According to the recently -what Federal Reserve DataThe US M1 is standing at about $ 18.5 trillion, with more than double since the 2020 pandemic era.
This expansion has historically benefited from risk assets such as tech stocks and cryptocurrencies. Increasing M1 is often linked to financial conditions that are more spacious, more speculative capital, and higher retail flow to digital possessions.
With the ongoing inflation and increasing fiscal deficiencies, analysts expect further pressure on the fed to maintain liquidity conditions by 2025.
The relationship between rising M1 and crypto price appreciation is held in previous bull cycles.
In review of the DOGECOIN ETF in the US SEC, if approved, investors viewed it as a conceptual fence against the lowering of FIAT. If the Doge's adoption increases during a period of financial expansion, it may enter a parabolic price breakout.
Here is the Dutocoin price prediction if it matches 30% of US M1 supply
Dogecoin prices will reach approximately $ 35.60 per coin if it matches 30% of the US M1 supply. This is based on the assumption of a $ 6.1 trillion appreciation, 30% of $ 18.5 trillion, and an expected 150 billion dog supply.
This speculation -that situation represents a 20,700% gain from the price today of $ 0.1712. It assumes close-universal Doge adoption throughout the US transactions, payments, and reserves, an unlikely but math that can occur. Although DOGE got only 5% of the M1, the token could trade around $ 5.93, a level that was invisible even during the 2021 Bull Run where it hit all the time high $ 0.73.
Such a price of climbing will require a basic catalyst, such as mainstream integration, and significant institution demand for Dogecoin ETFs.
Dogecoin Price Forecasting Today: The Bears Eye $ 0.1640 as Key Level of Support
The Dogecoin price forecast now suggests a subtle bias, as the Meme token struggles to handle above the mid-vollinger band and the 20-day simple moving average (SMA), both currently intersecting near $ 0.1722.
The latest sunset close to $ 0.1715, just under this midline, confirms the bullish momentum prevention and introduces the risk of downside, especially as the Upper Bollinger Band at $ 0.1912 remains well.
Furthermore, the Doge Price briefly sinks to $ 0.1642 in the final session, forming a lower lower shadow, which is often a key indicator of the seller's growing pressure under $ 0.17.
Technical indicators reinforce a careful perspective. Bollinger bands begin contracting after expansion weeks, signing reduced volatility and a likely breakout setup.
If $ 0.1715 fails to handle a sun -day -to -day closure, DOGE can reiterate the lower bollinger band at $ 0.1532, with intermediate support of $ 0.1640 acting as the next possible bearish target.
Daily decisively near the top of $ 0.1750 is required to validate the current bearish setup and recreate a short-term bullish scenario. Until then, Dogecoin appears weak in a slow bleeding towards $ 0.16 in the coming days.
Often asked (FAQs)
Dogecoin prices have slipped due to increased geopolitical tensions and a broader sentiment at risk throughout global crypto and equity markets.
Dogecoin has repeatedly failed to break more than $ 0.18, making it a powerful psychological and technical resistance to recent trading sessions.
While it is possible, Dogecoin will require major catalysts such as ETF approved, institutional adoption, or significant macroeconomic tailwinds that hit $ 1.
Ibrahim
Crypto analysts covering derivatives markets, macro trends, technical examination, and defi. His works feature a deep market outlook, price forecasts, and grade-institutional research on digital properties.
Denial: The displayed content may include personal opinion of the set and subject to market condition. Do your market research before investing in cryptocurrencies. The set or the publication does not hold any responsibility for your personal financial loss.
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