Explosive Surge! Dogecoin to Hit $0.40 in May, 135% Surge Secret Revealed! 😱🚀

FVG Gap + ETF Craze, DOGE Bounces Back!

DOGE Price Outlook

Dogecoin (DOGE) current price is $0.174, up 0.05% for the day, with weekly volatility decreasing. Technical, on-chain, and macro factors indicate a 135% rise to $0.40 before the end of May, reversing recent lows.

Three Major Drivers for the Surge

Technical Breakthrough: Polaris.xbt states that DOGE is filling the monthly FVG gap; after consolidation, if it holds support, it could break the resistance at $0.22 and aim for $0.40; if it breaks, it may drop to $0.10.

On-Chain Signals: Santiment shows that the 365-day MVRV has dropped to -37%, with holders generally at a loss, indicating a bottoming out, similar to the parabolic rise in 2024.

ETF Catalyst: Polymarket estimates a 64% probability of DOGE ETF approval, Bloomberg states 80%. If it sees 30%-50% inflow from Bitcoin ETFs, the price will skyrocket.