Dogecoin (DOGE) Price Prediction Today
Dogecoin (Doge) is a popular and largest coin in cryptocurrency space. After a few days of decline, it seems to be turning to a bullish trend. As of January 30, 2025, together with other major assets, Mano seemed to be recovering, forming a price -seeing price action.
Momentum
Have positive market prospects, Doge The current transaction price is close to $ 0.33, and prices have risen more than 4.05 % in the past 24 hours.
After the price -reversal support level is $ 0.31, traders and investors have shown a strong interest and confidence in coins. Compared with the previous day, the transaction volume increased by 8.5 %.
Dogecoin (DOGE) technical analysis and key level
According to expert technical analysis, Doge seems to form a bullish dual -bottom price action mode within the daily range. However, the bullish price action of coins is still formed. The current support level is 0.31 US dollars, which has a strong history of viewing price reversal.
According to the recent price action, if Doge holds this support level, in the next few days, it is likely to reach a price of 25 % to reach a level of $ 0.41.
On the front, the DOGE relative strength index (RSI) is currently 45, indicating that the strong potential of the coin is further rally.
Raising chain industry indicators
From the chain analysis company report, looking at the price action and market emotions of the bullish, businessmen and investors have been betting and accumulating the cause coin Small shopEssence Data from spot inflow/outflow show that the exchange witnesses the outflow of about $ 11.5 million worth $ 11.5 million.
In the cryptocurrency landscape, outflow refers to the movement of assets from exchange to wallets, indicating potential accumulation. This can cause purchase pressure and lead to further rising rally.
In addition, traders seem to bet on the distant. At present, the governor’s length/short ratio is 1.056, indicating that the trader’s bullish mood is strong, which is the highest since early December 2024.
Data further show that 53.5 % of top traders serve as long positions, while 46.5 % of traders serve as short positions.
When combining these chains with technical analysis, it seems that the Bulls are strongly supported and dominated by coins, and can help them reach the predicted level in the next few days.