| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $106436.5300000000 |
| ETH | $2438.7220000000 |
| BNB | $650.7001200000 |
| XRP | $2.1942160000 |
| ADA | $0.5524023000 |
| SOL | $148.1970000000 |
| DOGE | $N/A |
| DOT | $3.3246600000 |
| LTC | $85.1677000000 |
| LINK | $13.0765900000 |
Category: CRYPTO NEWS
The post Dogecoin ETFs Will Skyrocket Price To $15, Forecasts Analyst appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. Following Bitwise’s and Rex Shares’ recent application for spot Dogecoin ETFs in the United States, crypto analyst Ali Martinez has provided a technical outlook suggesting Dogecoin (DOGE) could ascend to $15. His analysis, detailed in a logarithmic chart spanning from 2017 to 2025, captures a massive ascending channel that highlights the potential upward trajectory for DOGE. Dogecoin Targets $15 Martinez’s chart delineates a long-term ascending channel where Dogecoin’s price action is bounded by a structure consisting of three parallel trendlines. The lowest of these lines has consistently served as a firm support since 2017, aiding the price to stabilize during significant downturns, notably in early 2019 and again in mid-2022. The median line of the channel, which presently hovers around $0.40 to $0.45, has just been tested by DOGE as it recently surged to this level, marking a critical inflection point that was last touched in early 2022. Related Reading The upper boundary of the channel, which is the focus of Martinez’s bullish forecast, is projected to climb well above $10, touching as high as $15 by late 2025. This top trendline is not just a theoretical limit but has proven to be the bull run top twice for the Dogecoin price, once in January 2018 and then in May 2021. At the last all-time high in May 2021, Doge even significantly exceeded the channel. Dogecoin price analysis – Source: X @ali_charts Martinez’s prediction highlights the spot Dogecoin ETFs as potential market catalysts. He suggests that the approval and launch of such financial products could channel fresh institutional and retail investment into DOGE, propelling it towards these higher valuations. In trading terms, the current position of DOGE below the median line is pivotal. This price level has historically acted as a springboard for…
2025-01-23T19:45:11+00:00
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