📈 Analysis and forecast for $DOGE : what's next? 🚀
As of June 4, 2025, 11:14 EEST, the rate $DOGE on Binance is $0.19574, with a 1% increase in the last 24 hours (according to market data). The daily trading volume is approximately $1.63B, market capitalization is $46.79B with a circulating supply of 147.44B tokens. The growth is associated with moderate interest in memecoins, although the dynamics remain weak.
Technically $DOGE demonstrates a neutral trend with signs of consolidation. On the 4-hour chart, the price is near the support level of $0.1910, with resistance at $0.1989. The RSI around 29.47 indicates oversold conditions, which may foreshadow a correction or reversal. A breakout above $0.1989 could push the price to $0.2170, while a drop below $0.1910 would strengthen the correction to $0.1783. Volumes remain stable but without significant growth.
Forecast: By the end of June, DOGE could reach $0.2110–$0.2170 with an increase in volume (according to market analysis). By the end of 2025, a rise to $0.30–$0.35 is possible if community support and the influence of factors (e.g., Elon Musk) persist. The long-term target for 2026 is $0.7748+, assuming a bull market. However, volatility and lack of strong momentum are risks.
What are the further prospects? The price of $0.19574 is close to the support of $0.1910. A 1% increase over the day is a weak signal, but take profits at $0.2170. Set a stop-loss at $0.1910. On X, traders are discussing a possible test of $0.1989, advising to keep an eye on the news. Given the oversold conditions and speculative nature, trade with caution! #DOGE #Binance #CryptoAnalysis