Key notes
- The Dadecoin price opened its doors at $ 0.23 on Sunday, September 28, when the approval of Grok AI of Elon Musk for American Federal Use sparked a rebound compared to the weekly delays almost $ 0.21.
- The open interest in the term contracts on Dogecoin jumped 2.9% to 3.9 billion dollars while the traders challenged fine liquidity and weak feeling.
- Elon Musk’s trump approval by Grok Ai suggests a renewed alignment between the two.
After diving at hollows of 50 days almost $ 0.21 on Friday, the Dogecoin price rebounded by 4% to consolidate about $ 0.23 on Sunday, September 28, while merchants reacted to the approval of Grok Ai by Grok Ai led by Elon Musk for the use of the federal government.
The Dogecoin prices formed a local background at $ 0.21 after the official declaration of XAI on Thursday, which described the expansion of its frontal AI models to all American federal agencies for a period of 18 months.
The agreement includes the Grok 4 and Grok 4 Fast models at a price of only $ 0.42 per department, as well as a dedicated engineering medium. This decision revives speculation around Musk’s ties with the Dogecoin community
Announcement of an expansion to XAI for the government – making the main AIs of industry accessible to users of the United States federal government.
1) All federal agencies and departments will have access to our border AI models (Grok 4, Grok 4 Fast) for $ 0.42 per department for a period…
– xai (@xai) September 25, 2025
Elon Musk’s links with the largest same in the world, go back to years, reaching a symbolic peak in January 2025 when President Trump appointed him head of the Ministry of Government (DOGE). Although Musk moved away from the role in May, the approval by Trump of Grok IA of Elon Musk now suggests a renewed alignment between the two crypto enthusiasts, after an infamous public quarrel in June.
The data on the derivative market suggest that Dogecoin traders have maintained an optimistic perspective during the weekend, despite low market activity.
DOGECOIN (DOGE) Open interest increased by 1.24% on Sunday September 28 | Source: Coringlass
According to CorciLass, Dogecoin’s open interests increased by 1.4% to 3.9 billion dollars over the 24 hours. This represents more than $ 110 million of new Haussiers deployed Doge posts, even as $ 1.4 million long was liquidated, against $ 438 in shorts.
The long -term volume also dropped from 17% to 3.16 billion dollars, confirming that Dogecoin traders challenged fine liquidity to add new positions on Sunday.
Dogecoin price forecasts: the key levels define the bull and lowering scenarios
The Dogecoin price is currently negotiated nearly $ 0.231, faced with strong resistance after having bounced back from the Bollinger band less than $ 0.217. Friday, the intraday rebound and term market entries of 4.5% more than $ 110 million suggests that traders are more upwards.
However, the daily RSI is at 44.07, leaning towards a neutral territory but still below the median point, showing that the purchase of the momentum is increasing, but not yet dominant.
Dogecoin technical price analysis (DOGE) | Source: tradingView
If the momentum is strengthened, the first rise in the rise is in the Mid-Bollinger group around $ 0.256. A fence above this level would mark a short-term bullish reversal, clearing the path to the resistance zone of $ 0.295 near the upper strip.
With the current weak feeling on the cryptography market, a breaking of Dogecoin prices over $ 0.30 would probably require persistent speculation linked to the renewed alliance of Elon Musk with the Trump administration.
Lowering, the immediate support is $ 0.217. Ventilation lower than this level may expose the area of $ 0.20, which has remained firm since July.
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Ibrahim Ajibade is a seasoned research analyst with training by supporting various web3 and financial organizations. He obtained his undergraduate diploma in economics and is currently studying for a master’s degree in blockchain and distributed major book technologies at the University of Malta.
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