需要注意的是：马斯克有段时间没有提起狗狗币了。Billionaire Elon Musk changed his official Twitter account to a frog avatar and set the nickname to Kekius Maximus. The image depicts a PEPE frog dressed in Roman military attire holding something that looks like a game console.
He also posted a message along with related memes, causing the KEK (KEKE) meme coin to surge, attracting 46.7 million views.
It peaked at $0.07362. However, he later reverted to his original avatar, quickly causing the related concept coins to drop.
It is worth noting that Musk has not mentioned Dogecoin for some time.
How can DOGE break out of its niche?
Dogecoin's ambition to hit the long-term target of $1 has never ceased. According to Mike Novogratz's Galaxy Research on the outlook for the cryptocurrency market in 2025, Dogecoin will eventually reach this critical price point.
From the perspective of the Bollinger Bands Indicators, Dogecoin (DOGE) has shown signs of being oversold. Its price has fallen below the lower band across all time frames, with particularly clear performance on the daily chart.
This lower band essentially represents the 20-day moving average adjusted for volatility, currently positioned at $0.3576, which is approximately 3.5% higher than the current DOGE price.
When the price falls below the lower band, it theoretically indicates that the Assets may be in an oversold state. As traders reassess its value, this could create conditions for a market reversal or corrective rebound. However, if the price continues to be pressured below this level, it may reflect ongoing bearish sentiment in the market, so investors need to proceed with caution.
Currently, the price of Dogecoin seems to be stabilizing at existing levels, bringing a glimmer of recovery to the market.Relative Strength Index（RSI) Showed some signs of improvement.
Senior trader Peter Brandt pointed out that Dogecoin's price movement perfectly fits classic chart patterns.
He emphasized that the current price trend of Dogecoin mirrors the pattern from 2020, initially featuring a period of horizontal price accumulation, which then gradually evolves into an inverted head and shoulders (H&S) formation.
