A Wall Street analyst predicts that Dogecoin’s price will explode soon

[ad_1]

Dogecoin faced strong selling pressure that caused it to decline more than 6% today, but this decline did not stop the Wall Street giants from closely monitoring the performance of the fund, especially with the continued success of its exchange-traded funds (ETF). In an interview with Anthony Pompliano, Jordi Visser, a former Micron analyst who raised eight times as much before exiting the AI ​​sector, said the financial chart. DOGE It appears to be “close to a major price drop.”

Visser’s opinion is based on economic factors, including real interest rates, persistent inflation, and the US Federal Reserve’s US$1.2 trillion interest rate hike, which is pushing money into difficult situations. Visser believes that Dogecoin represents a clear warning of the time when real estate agents are joining the financial community.

For his part, Pompliano described the money correctly, saying: DOGE It acts as a “warning system” as it remains a very clean economy, not based on large volumes and large amounts of money in the crypto market. Visser’s answer was clear: “I don’t need to add anything else.”

When does the DOGECOIN ETF distribute funds?

Place @Dogecoin ETFs have now seen inflows on four of the past eight trading days, bringing total inflows in May to nearly $1.3 million.

The flow of inputs follows a long period of zero net flow to the sector $DOGE… pic.twitter.com/xqnYsCAKQ0

– BSCN (@BSCNews) May 16, 2026

Will Dogecoin price succeed in retracing its 200-day moving average?

Coin stops DOGE Now it’s really changing. The same resistance is at the level of $0.11, while the Relative Strength Index (RSI) reading is 45 and 62, approaching the overbought area. A sustained daily close above this level, especially with an ETF rally, is seen as a strong signal to trigger the next wave.

The real test is at a higher level, especially at the 200-day moving average of $0.125. Retrieving this peak and holding above it opens the way to the price of $0.150 at the end of 2026.

On the other hand, the 100-day EMA at $0.10 represents a major support area. Any break below this level would result in the loss of the investment and the reinvestment of the investment at an inclusive price.

Demand for the schools has been growing steadily, as the $460,000 inflow into Grayscale’s GDOG fund on April 30 was enough to end the 72-day collection period and push the price to current levels. Since its inception, money has been recorded DOGE Spot has had positive earnings in four of the last eight trading days, with $1.3 million entering May alone. The largest 149 wallets currently hold 108.52 billion DOGE tokens worth about $11.6 billion, with 739 transactions worth more than $100,000 recorded in one day at the end of last month.

The currency only needs to close above $0.11 and continue to enter the ETF, which triggers Visser’s opinion about the entry of traders, which can encourage a move to the target of $0.125.

The Maxi Doge project looks at those with the initial investment and resistance testing

Dogecoin above 10 cents is a different idea than it was in 2021, since the difference in asymmetric returns has decreased. Therefore, traders who want to benefit from the opportunity to enter in the same way as traders are looking for options at lower levels.

Here’s a review job Maxi Doge ($MAXI)a meme token built on the Ethereum network that aims to provide the power of the DOGE community with the opportunity to earn as much money as pre-traded assets. The project has already managed to collect more than $4.7 million At the current price of $0.0002819while offering variable annual returns (APY) to early investors through staking.

One small dog part, one giant dog jump. pic.twitter.com/OSwQN0f9T6

— MaxiDoge (@MaxiDoge_) May 2, 2026

Although the initial concept may seem cynical, the mechanics involved are great; The project offers special trading competitions for investors with prizes on the board, a Maxi Fund to promote investment and cooperation, and an advertising engine based on meme culture to attract the attention of advertisers, which Visser is betting on.

You can Check out the Maxi Doge project before the sale closes Through travel Validation page before purchase.

A note A Wall Street analyst predicts that Dogecoin’s price will explode soon appeared for the first time Cryptonews Arabic.

[ad_2]

Source link