The price of Dog (Bitcoin) (DOG) has bounced back from a support level of $0.0030 and is now trading around $0.00479, indicating the potential for a broader structural recovery.
Current DOG Price Trends
DOG showed a quick reaction from the support level at $0.0030, indicating bullish sentiment. The current price is around $0.00479, and the token has broken a descending trendline on the daily chart.
Technical Analysis of DOG
Momentum indicators continue to support the current bullish trend, reinforcing confidence among market participants. Bollinger Bands are widening on the daily chart, and the price is hovering against the upper band, which can indicate a strong signal. The MACD confirms a bullish crossover, while the relative strength index (RSI) remains above 60.
Forecast for 2025–2030
Predictions for DOG in the coming years indicate it may test the $0.0060 resistance in 2025, and over the following years, the price could reach $0.0138 by 2030 if the current market conditions persist.
DOG (Bitcoin) is showing signs of recovery as it approaches crucial technical levels. The resistance level at $0.0060 has become a critical short-term target, while long-term targets remain bullish.