Dogelon Mars (ELON) is a meme coin that runs on the Ethereum blockchain. Its idea is something between Dogecoin, colonization of Mars and Elon Musk. It has no practical value and is supported exclusively by the enthusiasm of investors and large token holders. In 2021, the coin set two strong all-time highs, plunging immediately after setting them. Could similar price surges be expected of the coin in the following years?
Traders Union experts collected long-term Dogelon Mars (ELON) price predictions by top analytical platforms. Also in our article, you will be able to learn the latest signals on the ELON price for 1 day and 1 week. Dogelon Mars signals are based on the technical analysis indicators.
Dogelon Mars coin price prediction for 1 day, ELON signals for 1 week
Short-term ELON price prediction by TU is prepared automatically on the basis of technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe you need to find out ELON price prediction for today.
Dogelon Mars coin price prediction 2022. Will ELON go back up by the end of the year?
The ELON coin was launched in April and set the first all-time high already in May. The price remained at its high for several days, and then plunged. For over four months, the coin price stayed at the minimum level, lower than the price of the listing at the exchanges. Then, on October 31, the next pump surge happened, with the price reaching a new all-time high. Ever since, the coin price has been steadily moving downward. Taking into account the stagnation of the entire market, the price of the token is not expected to rise in the short term.
WalletInvestor, an information and analysis platform, predicts that Dogelon Mars price will range within $0.000001 (minimum value of the forecast) and $0.000000882 (maximum value) by the end of 2022.
ELON Price Forecast 2022 Months
We also reviewed the forecasts by Trading Beast, an analytical portal. The portal’s analysts also expect Dogelon Mars price prediction 2025. According to their forecast, ELON price can reach a range of $0.0000003 – $0.0000004 by the end of 2022.
Technical analysis of ELON/USD for 2022
To find a better entry point, also find out what TradingView technical analysis tool signals for the Dogelon Mars (ELON/USD) price. “Sell” or “Strong Sell” means that most of the signals are bearish. “Buy” or “Strong Buy” means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.
Dogelon Mars (ELON) price prediction 2025 and 2030
Many analysts are still optimistic about the long-term prospects of Dogelon Mars and give positive long-term forecasts.
What news may impact Dogelon Mars (ELON) price in the future?
The coin reacts strongly to any statements and news about any meme coins, including DOGE. Its high volatility can be explained by the fact that it represents interest exclusively to speculative traders. Also large holders of the coin can influence the price: the coin price has six zeros after the decimal point, which is why it can be easily pumped with capital, artificially raising the price and then causing it to plunge.
What to expect from the ELON price?
Success of Dogelon Mars raises a lot of questions. It is essentially an absolutely useless coin that is a copycat of Dogecoin. The developers openly say that Dogelon Mars is an attempt to play on the dog-themed meme coins, the name of Elon Musk, the “to the Moon” meme” and the idea of an “interplanetary currency”, which the future space colonists will be able to use on Mars and beyond. This fact alone is smile-inducing, and yet the coin is ranked among the Top 200 in terms of capitalization.