Main notes
- Dogecoin PRICE opened trading at $ 0.23 on Sunday, September 28, as Grok Ai’s approval of Elon Musk for Federal Use of the United States sparked a recovery from the lowest weekly framework levels near $ 0.21.
- The open interest in Dogecoin futures jumped by 2.9 % to $ 3.9 billion, as traders challenged delicate liquidity and weak morale.
- Trump’s approval suggests Grok Ai from Elon Musk renewable compatibility between the two.
After declining to its lowest level for 50 days near $ 0.21 on Friday, the price of Dogecoin recovered from 4 % to standardize about $ 0.23 on Sunday, September 28, as merchants’ reaction to the approval of the Grok Ai led by Elon Musk.
DOGECOIN prices formed a local bottom at $ 0.21 after the official statement of Xai on Thursday, which set the expansion of AI’s border models for all US federal agencies for 18 months.
The deal includes GROK 4 and Grok 4, at a price of only $ 0.42 per section, as well as dedicated engineering support. This step revives speculation about musk links to the Dokwin community
Announcing the expansion of the XAI government – which makes the leading industry in the field of artificial intelligence within the reach of the United States’ federal government users.
1) All federal agencies and departments will get access to Frontier Ai (GROK 4, Grok 4 Fast) for $ 0.42 per section …
– xi (@xai) September 25, 2025
Elon Musk’s associations are associated with the world’s largest mechanics, as it reached a symbolic peak in January 2025 when President Trump appointed him as head of the Ministry of Government efficiency (DOGE). Although Musk moved away from the role in May, Trump’s approval of Grok Ai from Elon Musk is now It suggests renewed compatibility between encryption loversafter Poor general hostility In June.
The derived market data indicates that Dogecoin merchants maintained an optimistic look during the weekend, despite the weak activity in the market.
Dogoin (Doge) increased by 1.24 % on Sunday, September 28 | Source: Coinglass
according to CoinglassDogecoin’s open interest increased by 1.4 % to $ 3.9 billion in 24 hours. This represents more than $ 110 million in the new DOGE ups that were published, so that $ 1.4 million has been filtered in a long period compared to $ 438 in short pants.
The volume of futures also decreased by 17 % to $ 3.16 billion, confirming that Dogecoin traders have challenged the kind liquidity to add new sites on Sunday.
DOGECOIN price expectations: The main levels are determined
Dogecoin Price is currently trading near $ 0.231, while facing severe resistance after its bouncing from the Bollinger Lower range at $ 0.217. Fallen market recovery flows and the second indicate 4.5 %, which exceeds $ 110 million on Friday that traders determine more upward trend.
However, the daily RSI is located at 44.07, which tends towards neutral lands but is still under the point of the center, which indicates that the purchasing momentum is in height, but not yet dominant.
Dogecoin (Doge) Technical Price Analysis Source: TradingView
If the momentum is strengthened, the first bullish goal in the Mid-Bollinger band lies about $ 0.256. The closure above this level would represent a short -term updated reflection, which scans the path towards the resistance area of $ 0.295 near the upper range.
With the current weak feelings in the encryption market, the outbreak of the price of Dogecoin is likely to require higher than $ 0.30, ongoing speculation associated with the renewed Elon Musk alliance with the Trump administration.
On the negative side, immediate support is based on $ 0.217. The collapse without this level risk exposing the $ 0.20 region, which has been held since July.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Ibrahim Ajibad is an experienced research analyst and has a background in supporting the various startups and financial organizations in Web3. He obtained his university degree in the economy while he is currently studying for a master’s degree in Blockchain and distributing a professor’s notebook techniques at Malta University.
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