Dogecoin (DEGE) attracted the attention of investors by showing significant price and momentum mismatch in daily graphics. This is usually interpreted as a sign of recovery, while uncertainties in the market may limit the rise of Doge.
Can Dogecoin break resistance?
The price of Dogecoin has been moving in a wide -falling channel for a long time. According to the latest data, the price is trying to hold at the level of $ 0.25. If this support is maintained and Dogge continues its upward movement, the biggest obstacle in front of it will be $ 0.27.
However, investors need to be careful because the price is currently critical. If the sales pressure continues, it may also be possible to withdraw Dge to $ 0.23. The general trend in the market will be decisive.
Market mobility is increasing in Dogecoin
The total amount of locked assets (TVL) in Doge’s network has shown a slight increase in recent days. This value, which increased from $ 4,24 million to $ 4.68 million, shows that the interest of investors is revived again.
However, it is unclear whether this increase will create a major price movement. The fact that TVL continues to rise in the coming days may indicate that the confidence in the Dogecoin (Doge) ecosystem has increased and the price can move upward.
Is Dge in its real value?
Doge’s current market data show that the price is largely balanced. Currently, a significant portion of investors are profitable, but this can bring sales pressure.
In case of a sudden increase in the price of Doge, it should be remembered that these levels may signal over -valuation. If large purchases continue in the market, Dogge may reach $ 0.30, but otherwise the price may be under pressure.
What are the expectations for Dogecoin?
Technical indicators show that Doge has not yet found enough support for the rise. In order to continue the price upward, the purchase interest needs to be increased and the current support levels must be maintained.
Dogecoin’s exceeding $ 0.27 level in the coming period can support the rise, but general market conditions and investor confidence will be decisive in price movements. Investors need to follow Doge closely.
