Crypto expert Ali Martinez believes that Dogecoin (DOGE) may have shifted to a stronger perspective based on skills and needs.
On May 25, Martinez predicted that the price of Dogecoin could rise by about 12% in the coming days to retest at $0.1156. This crypto expert pointed out that DOGE’s bullish opinion is based on the fact that the dog’s head memecoin has confirmed a strong support level around $0.1027.
In addition, this identified support level is in line with Dogecoin’s retest of the 50-day Simple Moving Average (SMA). In addition, the price of DOGE recently rose to $0.1027, overcoming the major trading wall in March and April 2026.
So, Martinez he realized that the price of DOGE may drop to its support level of about $0.0883 if buyers fail to protect the support at $0.1027. Basically, the analyst shows that the price of DOGE has traded in a horizontal direction, especially after it was rejected at $0.1156 twice since it was given in early February.
The biggest thing that could affect the price of Dogecoin in the near future
The behavior of the whales can have a significant impact on Dogecoin’s price outlook, especially since it is a memecoin with a large cap. For example, since memecoin’s low in February, exchange-traded funds (ETFs) have increased every month, recording a total of $5.36 million in four months. data from SoSoValue.
As a result, the DOGE ETFs portfolio currently has assets worth approximately $14.53 million. If US ETFs continue to accumulate Dogecoin in the near future, memecoin could rise significantly, as Martinez said.
However, if ETF investors liquidate their holdings and increase selling pressure, memecoin could drop to retest its multi-month bear market low around $0.088. In addition, whale traders have a strong influence on the wholesalers in both source and destination markets.
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