A series of intriguing events have recently occurred in the cryptocurrency space, drawing close attention from many digital asset enthusiasts. The recent reconciliation between Musk and Trump is subtly impacting the crypto market, while expectations for new ETFs are rising, making DOGE and Ethereum the focal points of the market. These developments are creating conditions for significant changes that may emerge in the digital currency market.

Analysis of DOGE's Market Performance and Price Prediction

Data shows that DOGE has fallen by about 17% in the past month, and over 53% in the last six months. Although there has been a slight rebound in the past week, with an increase of less than 1%, the overall performance remains weak. From a technical perspective, this cryptocurrency shows a clear downward trend, and trading activity faces significant pressure when prices rise, frequently experiencing pullbacks, reflecting a generally cautious attitude among market participants. The difficulty in maintaining high price levels has led to multiple sudden reversals, and this volatility highlights the underlying market weakness of this asset, keeping it trapped in a low trading range for the long term.

Currently, the price of DOGE is running in the range of $0.15 to $0.24, with immediate resistance close to $0.30 and major support around $0.10. Further resistance is at $0.40, while deep support below is near $0.01. From the perspective of market dominance, bears still seem to have the upper hand, as the token has not yet been able to break through key resistance levels, although it may attract buying interest near the support levels. In terms of technical indicators, momentum and oscillators are currently in negative territory, and there are no clear signals indicating an upward trend.