Dogecoin (DOGE) winked at the rise: What's the latest situation?

The price movements of Dogecoin (DOGE), one of the mememcoins encouraged by the increase of Bitcoin (BTC), attracted attention.

BTC, which has been in a downward trend for a few days, instilled confidence in the market by closing the week at a good level. In particular, the leader of cryptocurrencies, which launched RWA-based projects and memecoins, delighted the investors in this field. On the Memecoin side, the name that attracted the most attention was Dogecoin (DOGE). Can DOGE, which has a healthier appearance compared to other memecoins, continue its upward movement? Which levels in DOGE will be critical to monitor?

Expectations from Dogecoin (DOGE) may increase with the wind of Memecoin!

Memecoins, an indispensable part of the crypto industry, showed their impact this season as well. Especially the sharp rise of memecoins in the Solana ecosystem attracted the attention of both investors and cryptocurrency exchanges. The listing of several memecoins on leading exchanges further fueled this trend. Dogecoin, which received its share from Fury, experienced a significant increase.

When we look at the current situation of Dogecoin, we see that it has received a reaction from a critical support area. This development reveals that buyers at support levels are waiting eagerly. Memecoin, which changed hands at $ 0.17119 as of the writing of the news, may be eyeing higher levels if the trend continues and BTC does not move downwards. In such a scenario, we can see an increase towards $0.17565 – $0.19229 and $0.20658 respectively.

If Memecoins decline, BTC reverses its course or BTC Domination increases, Dogecoin will naturally sell. In such a scenario, there may be a decrease first to 0.15068 dollars and then to 0.12160 – 0.11373 – 0.10008 and 0.08377 dollars respectively.