Dogecoin price is currently around $0.17, and investors are wondering if it can reach $5 in April 2025.
The daily Heikin Ashi candles suggest a potential bottoming out and a quiet accumulation phase for DOGE.
The RSI and MACD indicators show signs of a tentative recovery and early bullish signals for Dogecoin.
While a jump to $5 would require a 2800% increase in less than a month, a short-term target of $0.25 to $0.30 is more realistic if bullish momentum continues.