Dogecoin Price Prediction: As Ali Martinez Predicts Bullish Phase For DOGE And Elon Musk Posts Ghibli Shiba Inu Dog Image, Traders Buy This AI Pepe ICO For 100X Gains

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

Dogecoin price
Dogecoin price

Join Our Telegram channel to stay up to date on breaking news coverage

The Dogecoin price has dropped 2% in the last 24 hours to trade at $0.1966 as of 3:30 a.m. EST on an 18% jump in trading volume to $1.94 billion.

Despite a recent slump in DOGE’s price, crypto analyst Ali Martinez suggests that Dogecoin could enter a bullish phase if it successfully breaks above the $0.21 resistance level.

According to the SuperTrend indicator, a breakout at this level could spark upward momentum for the popular meme coin. Traders are closely watching DOGE’s price action for signs of a trend reversal.

Meanwhile, X CEO Elon Musk joined the recent Ghibli trend, sharing an image of himself as Rafiki from The Lion King, holding up Doge as the future ruler of the meme kingdom. He noted that Ghibli-style images are the “theme of the day.”

Dogecoin Price Breaks Out Of Bearish Channel, Eyes Major Recovery

Dogecoin (DOGE) shows signs of a potential trend reversal after months of decline. It has broken out of a bearish channel and formed a strong support base.

Over the past few months, DOGE has been in a downtrend following a double top formation, a pattern that signaled the end of its previous bullish run. After breaking below the neckline, the price tumbled, moving steadily within a bearish channel that saw DOGE lose significant value.

However, recent price action suggests that selling pressure may be easing, as the asset has found strong support in the $0.14 – $0.16 range, where a double bottom pattern has formed. This pattern often marks a major trend reversal, indicating that buyers are stepping back into the market.

Dogecoin price

DOGEUSDT Analysis Source: Tradingview

Adding to the bullish case, the Relative Strength Index (RSI) has climbed to 53.17, recovering from previous oversold conditions near 42.06. This shift in momentum suggests that buying interest is increasing, potentially paving the way for further upside.

For DOGE to maintain its bullish outlook, it must hold above the $0.19 – $0.20 zone. If the breakout gains traction, the next major resistance levels to watch are $0.22 – $0.25, with a potential upside target of $0.30 – $0.35 in the coming weeks.

A failure to sustain above $0.19, however, could see DOGE retest lower support levels, with a move below $0.16 possibly invalidating the bullish setup.

With the breakout from the bearish channel and improving technical indicators, Dogecoin appears poised for a potential recovery.

MIND Of Pepe Presale Heads For $8 Million – Next Crypto To Explode?

As Dogecoin picks up momentum to continue its upward climb, investors are turning their attention to MIND of Pepe (MIND), a new AI-powered meme coin hybrid that has already raised over $7.6 million in its presale.

MIND of Pepe capitalizes on the growing popularity of frog-themed tokens. To stand out, its team has branded it as the first AI-powered version of the iconic Pepe the Frog.

At the heart of MIND’s ecosystem is an advanced AI agent that analyzes social media activity, especially on X, using a hive-mind approach to identify emerging trends before they go mainstream.

When the AI detects potential opportunities, it shares them with MIND token holders through exclusive, token-gated groups, giving them a competitive edge in the market.

Beyond tracking trends, the AI also shapes market narratives by engaging with influencers and investors to benefit MIND holders. It can even create and promote its own tokens, offering MIND investors early access before public launches, positioning them ahead of potential price surges.

Crypto analyst and YouTuber Borch Crypto, with over 87.5k subscribers, says that MIND is one of the best cryptos to buy and that it could explode 100X after launch.

Investors are also flocking to the project, drawn by its 294% staking APY for presale participants.

MIND tokens are available on the project’s website for $0.003609 each, purchasable with ETH, USDT, BNB, USDC or bank card. Those looking for the best price must act fast—the next price increase is set to occur in less than 40 hours.

Visit the official MIND of Pepe website.

Related Articles:

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next