Attention, folks! Dogecoin (DOGE) is making waves again! As of May 27, 2025, DOGE's price is hovering around $0.22, with a slight increase of 1.49% in 24 hours and a staggering rise of 21% over the past month. But insiders are asking: can it break the previous high before the end of the month?
Let's get straight to the point!
1. Expert call: Does the pennant pattern suggest $0.31?
Renowned analyst Ali Martinez recently dropped a 'technical bomb' on Twitter - DOGE is breaking through a bull market pennant pattern, with a target price directly set at $0.31!
However, those focused on technical analysis shouldn't get too excited; after all, DOGE's RSI index is still in neutral territory, and the Bollinger Bands indicate increasing volatility, with the upper and lower bands stuck at $0.254 and $0.145 respectively. We may need to see whether the main force will push the price up or down in the short term.
2. Multi-chain: Wormhole teams up with Solana for big moves!
Recently, Wormhole has made a big move, connecting Dogecoin and the Solana ecosystem, claiming to be a 'trustless cross-chain bridge', allowing DOGE to engage in DeFi, NFTs, and games on Solana! Even more impressively, this operation has locked in $36 billion in liquidity, providing DOGE with a layer of 'value insurance'.
In the future, buying monkeys on the Solana chain with Dogecoin will no longer require exchanging for USDT! However, the market hasn't 'bought in' yet, and the price response has been tepid. It seems the big players are holding back for a big move.
3. AI prediction: How high can it reach by the end of the month?
According to the AI model from CoinWorld, on May 31, DOGE is likely to oscillate between $0.139 and $0.205, with an average price of about $0.167. However, another institution, Changelly, is more optimistic, predicting that DOGE's price range for the entire year of 2025 will be between $0.2968 and $0.3448, with an average of $0.3051.
Key point: AI and experts are at odds! Who to trust? It's suggested to keep an eye on the market; if it falls below $0.2, run quickly; if it stabilizes above $0.25, then chase the rise!
4. Potential risks: Musk and the 'Dog Fathers' are a double-edged sword.
Don't be fooled by DOGE's current glory; the celebrity effect can be a 'slaughter knife'! A casual tweet from Musk can cause DOGE to surge or plummet. Recently, although Musk hasn't made a move, the news of 'Dog Father' Kabosu's passing caused the price to spike, instantly reaching $0.17.
5. Personal opinion: Is the end of the month a 'life and death line'?
Overall, there is a possibility for DOGE to reach $0.31 before the end of the month, but two major conditions are needed:
1. Positive ETF news: Currently, three institutions have applied for a DOGE ETF, with a 75% probability of SEC approval by the end of the year. Once approved, traditional capital entering the market could drive the price up!
2. Multi-chain ecosystem explosion: If the collaboration with Wormhole can truly drive large-scale DOGE applications on Solana, a market cap of $50 billion is not a dream.
However, watch out for the big players cutting losses! If positive news 'backs off' before the end of the month, $0.15 could become a battleground for bulls and bears.
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