📈 Analysis and forecast for $DOGE : further prospects? 🚀
As of June 7, 2025, 12:16 EEST, the price of $DOGE on Binance is $0.18507, with a 5.4% increase over the last 24 hours. The trading volume for the day is around $1.63B, and the market capitalization is $27.29B (with a circulating supply of 147.44B tokens). The increase is related to the overall interest in meme coins and market sentiment.
Technically, $DOGE shows moderate bullish momentum. On the 4-hour chart, the 50-day SMA is rising, while the 200-day SMA is stabilizing, indicating a weak upward trend. The RSI (14) is around 45, signaling a neutral zone, and the MACD shows a balance of power. Key resistance is at $0.1947; a breakout above could push the price to $0.2170. A drop below $0.1783 would increase pressure towards $0.1645.
Forecast: By the end of June, DOGE could reach $0.1947–$0.2170 if volumes are maintained. By July 2025, a pullback to $0.1783 is possible if the market corrects. By the end of the year, the target is $0.24–$0.7748 (based on long-term forecasts), assuming popularity continues to grow. The long-term potential for 2026 is $0.6000+, if community support strengthens. Fundamentally, $DOGE attracts investors due to its meme status and the influence of figures like Elon Musk, but volatility is a risk.
Further prospects? The price of $0.18507 is close to resistance at $0.1947, and the RSI at 45 indicates consolidation. A 5.4% increase in 24 hours is a signal for cautious entry at $0.1947–$0.2170. Set a stop-loss at $0.1783. Posts on X indicate moderate optimism but advise monitoring the volumes. Trade cautiously and keep an eye on the news! #DOGE #Binance #CryptoAnalysis
