Dogecoin Price Reaction to Trump’s Tariffs: Is an April DOGE Price Surge on the Horizon?
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Dogecoin (DOGE) has once again captured the crypto spotlight as it reaches a critical point in April 2025. Analysts are closely monitoring its behavior around the $0.17 level. The popular meme coin created by Billy Markus and Jackson Palmer now stands as the largest meme token by market cap.
Recent macroeconomic shifts have intensified market volatility. Former President Donald Trump’s recent tariff announcements have led to an increase in international tensions. Nevertheless, despite sell-offs in the market as a whole, DOGE is defying expectations and displaying possible indications of a DOGE price surge. Is the meme coin preparing for another unexpected breakout?
Dogecoin Holding Strong in April Chaos
The broader crypto market has faced turbulence this week, with crypto volatility sparked after the Trump tariff emerged as a dominant and recurring trend. The S&P 500 is experiencing its worst downturn since 2022, and major crypto-linked stocks like Coinbase and MicroStrategy are down over 7%.
Despite this backdrop, the Dogecoin price surge appears to be showing signs of resistance. According to crypto analyst Ali Martinez, if DOGE maintains support at $0.16, we could witness a potential rally to $0.57, which will be a major DOGE price surge. On the other side, if that level breaks, DOGE could spiral down to $0.06.
DOGE slight upswing after Trump’s tariff plan, with prices sliding up 0.41% to $0.1709, runs counter to risk assets losing momentum. This shift shows how crypto volatility sparks after the Trump tariff has become the key market-moving story.
Can Dogecoin Break the $0.21 Barrier?
The chart below of Dogecoin indicates it is currently trading at 0.1709. Investors are closely monitoring indicators such as the Relative Strength Index (RSI), which stands at 62.32. RSI indicating strong buying interest but still below overbought levels. On the 1-minute Moving Average Convergence Divergence (MACD) chart, there is a bullish crossover further heightening speculations of a DOGE bullish trend. The histogram has turned positive, which generally means an entry point for short-term traders expecting an increase.
Chart 1 – Dogecoin/US dollar live price, published on TradingView, April 5, 2025.
Current statistics indicate Dogecoin trading volume is still quite modest at 4.9K, showing guarded optimism. While major players haven’t committed fully, retail traders and speculative investors appear to be eyeing the next resistance at $0.21. If DOGE breaks this barrier, it could rally to $0.24 and even $0.29, aligning with broader predictions of a continued DOGE bullish trend.
How Will Tariffs Impact DOGE in the Long Run?
While traditional equities like Tesla plunged 5% in response to the tariffs, meme coins like DOGE stayed surprisingly stable. Analysts believe the market might be repositioning toward alternative assets as a hedge against political risk, giving meme coins a surprising edge.
Looking ahead, much depends on how global markets grasp the impact of Trump’s economic stance. A sustained DOGE bullish trend is possible if investors continue seeking refuge in non-traditional assets.
Final Verdicts: Tariff Fallout Could Boost Dogecoin’s Appeal?
Dogecoin stands at a critical position in April 2025, where macroeconomic uncertainty intersects with promising technical indicators. If the anticipated DOGE price surge plays out, it could position Dogecoin as the pace-setter for the meme coin sector for April. The coming days will reveal whether this Dogecoin price surge is a sudden spike or the beginning of a lasting rally.
The post Dogecoin Price Reaction to Trump’s Tariffs: Is an April DOGE Price Surge on the Horizon? appeared first on Coinfomania.
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