Dogecoin Price Forecast $DOGE
Market observers, such as Ali Martinez, emphasized that Dogecoin needs to maintain its price above the psychological level of $0.40 for its bullish momentum to continue. Martinez warned that if it falls below $0.40, it could drop to $0.34 before recovering.
The main factor supporting Dogecoin's bullish potential is the recently announced exchange-traded product (ETP) focused on Dogecoin by asset manager Valour. This development sparked speculation about a potential launch of an ETF that directly invests in Dogecoin.
