Dogecoin

bullish

DOGE ETF

Tom Lee

The Dogecoin price has surged 4% in the last 24 hours to trade at $0.2417 as of 3:10 a.m. EST after CleanCore Solutions, Inc. bought $68 million DOGE and said it will build a 1 billion token stash in 30 days.
CleanCore itself saw its stock price soar 79% after it announced it bought 285,420,000 Dogecoin to begin building a DOGE treasury.
<blockquote class="twitter-tweet">
 NYSE-LISTED CLEANCORE SOLUTIONS <a href="https://twitter.com/search?q=%24ZONE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ZONE</a> ACQUIRES 285M <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> WORTH $68M FOR NEW TREASURY, TARGETS 1B <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> IN 30 DAYS AND 5% OF TOTAL SUPPLY LONG-TERM <a href="https://t.co/g9M5xo3b7X" rel="noopener noreferrer nofollow">pic.twitter.com/g9M5xo3b7X</a>
 — The Wolf Of All Streets (@scottmelker) <a href="https://twitter.com/scottmelker/status/1965317577082876358?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 9, 2025</a>
</blockquote>

ClearCore plans to fund further Dogecoin purchases through a $175 million PIPE offering, partnering with House of Doge.
This latest boost to the Dogecoin price comes amid optimism that the Rex-Osprey DOGE ETF (exchange-traded fund) may launch this week, opening the biggest meme coin by market cap to inflows of institutional capital.
<h2 id="dogecoin-price-breaks-out-can-momentum-sustain-the-rally">Dogecoin Price Breaks Out: Can Momentum Sustain the Rally?</h2>
For months, the <a href="https://www.coingecko.com/en/coins/dogecoin" rel="noopener noreferrer nofollow">DOGE price</a> has traded within a symmetrical triangle, reflecting a period of price consolidation with lower highs and higher lows. The Dogecoin price has now broken above the upper boundary of the triangle.
DOGE is trading above the 50-day Simple Moving Average (SMA) ($0.2240) and the 200-day SMA on the daily timeframe ($0.1963), both of which provide strong support levels beneath current levels. This positioning strengthens the bullish case.
<figure style="width: 100%" class="wp-caption alignnone">
 <img src="https://insidebitcoins.com/wp-content/uploads/2025/09/DOGE_2025-09-09_10-10-31.png" alt="Dogecoin Price Chart Analysis Source: GeckoTerminal" width="1638" height="714">
 <figcaption>
 DOGE/USD Chart Analysis Source: GeckoTerminal
 </figcaption>
</figure>
<h2 id="doge-momentum-indicators-reinforce-bullish-scenario">DOGE Momentum Indicators Reinforce Bullish Scenario</h2>
The Relative Strength Index (RSI) is currently at 59.50, hovering just below the overbought threshold of 70. This suggests there is still room for upward movement before exhaustion sets in.
Moreover, the Moving Average Convergence Divergence (MACD) has just crossed into positive territory, with the blue MACD line above the orange signal line. This fresh bullish crossover often marks the start of an upward trend.
The Chaikin Money Flow (CMF) sits at 0.14, signaling intense buying pressure and capital inflows into DOGE.
If buyers maintain control, <a href="https://insidebitcoins.com/news/dogecoin-price-prediction-doge-soars-7-on-rex-shares-dogecoin-etf-launch-optimism" rel="noopener noreferrer nofollow">the price of Dogecoin</a> could reach the projected target of around $0.27, a 12% from the current level. A sustained break above this level may even open the door toward the psychological $0.30 mark.
However, a failure to hold above $0.2240 (the 50-day SMA) could weaken the bullish case and push the price back toward the $0.20 support region.
According to popular crypto analyst Ali Martinez, DOGE is now targeting the $0.242 level.
<blockquote class="twitter-tweet">
 Dogecoin <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> targets the top of the channel at $0.242! <a href="https://t.co/E5SUfj5a33" rel="noopener noreferrer nofollow">pic.twitter.com/E5SUfj5a33</a>
 — Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1965275975949979770?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 9, 2025</a>
</blockquote>

Meanwhile, DOGE’s Open Interest stands at $2 billion, a 6.42% increase in the last day, supporting the overall bullish case, according to <a href="https://coinalyze.net/dogecoin/open-interest/#:~:text=DOGE%20open%20interest%20aggregated%20%3D%20open,to%20USD%20(notional%20value)." rel="noopener noreferrer nofollow">Coinalyze</a> data.
Furthermore, Dogecoin’s market dominance now stands at 0.94% as it soars, showing the bullish outlook, but it still aims at the 1% resistance.&nbsp;&nbsp;
<figure style="width: 100%" class="wp-caption alignnone">
 <img src="https://insidebitcoins.com/wp-content/uploads/2025/09/DOGE.D_2025-09-09_11-16-41.png" alt="DOGE.D: TradingView" width="1372" height="874">
 <figcaption>
 DOGE.D: TradingView
 </figcaption>
</figure>
As the price of Dogecoin rises, the number of addresses that hold the asset continues to grow, as data from <a href="https://studio.glassnode.com/charts/addresses.Count?a=DOGE" rel="noopener noreferrer nofollow">Glassnode shows</a>, further supporting the bullish outlook of the asset.
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Dogecoin Price Surges 4% As CleanCore Solutions Buys $68M DOGE, Targets 1 Billion Tokens In 30 Days

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