Jakarta, pintu news – The price of Dogecoin (DOGE) has again caught the attention of crypto traders and investors, after recording a weekly gain of more than 15% in line with the positive trend in the overall market.

However, an unusual spike in the Open Interest (OI) of DOGE futures has taken center stage, with its value breaking the $2 billion mark. This figure indicates growing market interest in the asset, opening up opportunities for more bullish price movements ahead.

On the other hand, a leading crypto market analyst also predicted, in this positive market dynamic, that Dogecoin could potentially experience a price rally to reach $0.65.

So, how is the Dogecoin price moving today?

Dogecoin Price Drops 0.07% Within 24 Hours

On April 28, 2025, Dogecoin (DOGE) saw a slight 24-hour correction of 0.07%, trading at $0.1784, or approximately IDR 3,028. During the day, DOGE reached a high of IDR 3,084 and dipped to a low of IDR 2,939.

At the time of writing, Dogecoin’s market cap stands at around $26.54 billion, with trading volume dropping 14% to $1.46 billion within 24 hours.

Read also: Ethereum Price Dips on April 28 — But Whale Holdings Stay Surprisingly Strong!

Dogecoin price heading towards $0.65? Analysts Predict When DOGE’s OI Breaks $2 Billion

Renowned crypto market analyst Javon Marks, through his post on X, predicts that the Dogecoin price could potentially reach $0.65 in the near future.

This optimistic prediction is based on the formation of a ‘regular bullish divergence’ pattern on the price chart of the meme coin.

Marks also emphasized that the bears’ market dominance of this asset is starting to weaken. As a result, according to him, the price of DOGE is starting to show signs of great strength and looks set for a breakout.

"The price of $dogecoin is showing incredible strength as it continues to move higher, despite the market's recent volatility. We're also seeing a regular bullish divergence on the chart, which could lead to a move towards $0.65."

Javon Marks, a popular crypto market analyst, pointed out in a recent post on X.

"The bears are also starting to get weaker, which bodes well for the meme coin. Overall, the technical indicators suggest that Dogecoin is setting up for a breakout to new highs."

Meanwhile, another popular crypto analyst, Carl Moon, also gave a positive prediction for Dogecoin.

In his post on X, Carl stated that the Dogecoin price has managed to break out of the ‘falling wedge’ pattern and has the potential to experience a huge surge in the near future.

"Huge breakout on the 1W chart for Dogecoin as it breaks out of the falling wedge pattern, which has been in place since last year's bull market. Next price target is $0.43."

Specifically, he predicts the next price target for DOGE to be around $0.43. For your information, a falling wedge pattern usually indicates a bullish breakout.

Read aksi: BitGuru Crypto Analyst Predicts Dogecoin Price is Moving Toward $1!

DOGE Price Jumps 17% in 1 Week

At the end of the week, the price of DOGE had recorded a 0.5% increase in intraday trading, trading at $0.1827.

The weekly chart of this meme coin also shows an increase of 17.58%. Overall, this upward trend further strengthens investors’ optimism of an impending bullish rally.

At the same time, data from Coinglass shows that the Open Interest (OI) of DOGE futures today increased by more than 3%, reaching $2.08 billion. Its derivatives market volume also jumped 15% to $4.56 billion. This on-chain data emphasizes the growing market interest in Dogecoin, increasing the chances of a price rally.

Finally, the volume of Dogecoin options also increased by 83% today, accompanied by a 160% jump in options open interest. Overall, traders and investors are now anticipating more bullish price movements, supported by strong market technical indicators.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order