Recent changes in Dogecoin prices are accompanied by technical signals and market expectations. The article examines key aspects of the current situation.
Dogecoin's Golden Cross
Dogecoin has shown its first golden cross since November 2024. This technical signal, where the 50-day moving average crosses above the 200-day, has sparked optimism in the market. Currently, the price of DOGE is around $0.209, following a 25% monthly gain. Analysts forecast that with ETF approval, the price might reach between $0.34 and $0.50.
ETF Approval Expectations
According to Polymarket data, the probability of ETF approval ranges from 66% to 74% before December 2025. Additionally, potential inflows of $12–20 billion might push DOGE's price higher. However, significant resistance at $0.238 and conservative August forecasts suggest DOGE may oscillate between $0.211 and $0.223 before any breakthrough.
Remittix Prospects
The Remittix project, which focuses on cross-border transactions, is catching investors' attention due to its ambitious plans. With over $20.8 million raised, the project is actively developing its offerings and is set to launch on major exchanges. Analysts believe Remittix has the potential for significant growth in both 2025 and 2026.
Dogecoin continues to show volatility and potential opportunities for growth, but it also competes with new projects like Remittix, which offer innovative solutions in transfers and cryptocurrencies.