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Top Trader Predicts Bullish 2025 for Dogecoin (DOGE)

Release: 2024/09/17 03:30 Reading: 341

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/66e8800e96feef29b5271b27

Top Trader Predicts Bullish 2025 for Dogecoin (DOGE)

Pseudonymous crypto trader Kaleo forecasts an exciting 2025 for meme cryptocurrency Dogecoin.

However, Dogecoin's price action may be unexciting in the coming months, according to the chartist.

Currently trading at $0.09966, Dogecoin has fallen by 5.2% and a significant 86.5% in the past 24 hours (CoinGecko data).

Another pseudonymous crypto trader, Ali, has identified $0.11 as a crucial resistance level for Dogecoin. Overcoming this level is essential for a substantial breakout.

IntoTheBlock analytics reveal that 23,400 addresses hold approximately $31 billion worth of DOGE at the $0.11 level, highlighting the significance of this resistance point.

Meanwhile, the Dogecoin-related token, First Neiro On Ethereum (NEIRO), has experienced a substantial price increase after being listed on Binance.

NEIRO is associated with Kabosu, the iconic Doge meme dog. Upon Kabosu's passing, her owner adopted Neiro, inspiring a surge of rivaling tokens on various blockchains. However, the owner has distanced herself from any NEIRO-related tokens.

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