The crypto assets market has recently experienced significant fluctuations, with DOGE standing out particularly. Latest data shows that the current trading price of DOGE is nearing $0.2393, achieving a 31% rise over the past seven days. This upward trend not only surpasses mainstream crypto assets such as Bitcoin and Ethereum but also leads competitors like XRP and Shiba Inu, reaffirming DOGE's strong performance in the bull run.

From a technical analysis perspective, the rise momentum of DOGE may continue for some time. However, it is worth noting that the Relative Strength Index (RSI) has fallen from a high of 85 at the beginning of the week to 62, indicating that the market may be accumulating certain selling pressure. Nevertheless, this adjustment may be beneficial for the long-term development of DOGE, helping to maintain a healthy price trend.

Although DOGE experienced a 7% pullback in 24 hours, this is likely a normal phenomenon of traders taking profits. This pullback actually helps DOGE return to a more reasonable price level, laying the foundation for robust growth in the future. Analysts predict that if DOGE's price can converge with the 30-day moving average, it is expected to break through the key level of $0.50 by the end of this summer.

In addition to price performance, the actual application scenarios of DOGE are also constantly expanding. Tesla has begun to accept DOGE for purchasing its products, which is undoubtedly a significant recognition of DOGE's value. Furthermore, the integration of DOGE with payment platforms such as PayPal and Revolut further broadens its usage in daily life. These developments provide strong support for the long-term value of DOGE.

As the Crypto Assets market continues to mature, DOGE's performance will remain under the close watch of investors and analysts. Whether as an investment target or a means of payment, DOGE has shown tremendous potential. However, investors should remain cautious and closely monitor market trends and changes in the regulatory environment.