Dogecoin

bullish

Dogecoin ETF

<p>The price of the crypto-asset Dogecoin dangerously oscillates around $0.24. Technical signals are blurred between hopes for ETFs, massive token withdrawals, and bearish indicators. Should we expect a quick rebound or a prolonged collapse? Full analysis here&nbsp;!</p> 
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  <h2 class="in-brief--title" id="in-brief">In brief</h2> 
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   <ul> 
    <li>Dogecoin oscillates around $0.24, a key technical threshold, under marked bearish pressure and negative indicators.</li> 
    <li>Anticipation of a Dogecoin ETF and the withdrawal of $266 million in tokens support a potential crypto rebound.</li> 
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<h2 id="h-a-fragile-balance-for-dogecoin-between-hopes-and-warning-signals">A fragile balance for Dogecoin between hopes and warning signals</h2> 
<p>Dogecoin (DOGE) experienced a rapid rise to $0.30 before suffering <strong>an 11% drop in 24 hours</strong>. This sharp correction places this crypto asset in a tension zone, under the combined effect of massive sales and an uncertain technical climate.</p>
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<p>According to <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-price-double-digit/" target="_blank" rel="noreferrer noopener">trading data</a>, the DOGE token now trades below key technical thresholds (notably at $0.2550). It is seeking to stabilize around $0.23.</p> 
<p>Graphical structure analysis shows consolidation under an unfavorable hourly moving average. The RSI slips below 50 and the MACD shows negative momentum, reinforcing <strong>the bearish scenario</strong>.</p> <gecko-coin-price-chart-widget locale="en" transparent-background="true" outlined="true" initial-currency="usd" coin-id="dogecoin"></gecko-coin-price-chart-widget> 
<p>To consider a reversal, the price will need to:</p> 
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 <li>reclaim levels of 0.2550&nbsp;;</li> 
 <li>break the resistance at $0.2720.</li> 
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<p>A move toward $0.315 remains even possible if buying pressure intensifies.</p> 
<p>Meanwhile, the market is watching the support area at $0.2450, with two major thresholds at $0.2320 and $0.2250. A sharp break could <strong>push Dogecoin down to $0.2120</strong> (or even $0.2050, according to current projections).</p> 
<h2 id="h-a-rally-still-possible-thanks-to-etfs-and-crypto-whales">A rally still possible thanks to ETFs and crypto whales?</h2> 
<p>Despite bearish signals, several fundamental elements strengthen medium-term bullish scenarios. Notably, there is anticipation around <a href="https://www.cointribune.com/en/doje-debuts-strong-etf-demand-meets-falling-dogecoin-price/" target="_blank" rel="noreferrer noopener">the DOJE ETF</a> which fuels crypto market expectations. If regulatory green light is confirmed, this could propel <strong>Dogecoin price up to 75% higher</strong>.</p> 
<p>Another element to consider: the reappearance of institutional investors. More than $266 million in DOGE has recently left crypto exchanges, thus reducing market liquidity. This phenomenon, generally interpreted as a sign of accumulation, could favor a price rise in case of a bullish recovery.</p> 
<p>Finally, and importantly, a particular technical setup. Dogecoin is indeed close to a major Fibonacci level, often associated with historical rebounds. Some crypto analysts believe that if resistances are strongly broken, the <a href="https://www.cointribune.com/en/crypto-markets/dogecoin-doge-en/" target="_blank" rel="noreferrer noopener">DOGE price</a> could <strong>target zones between $0.60 and $0.70</strong>.</p>
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<p>One thing is for sure: Dogecoin is walking a tightrope. The next few days could set <a href="https://www.cointribune.com/en/why-is-dogecoin-rising-despite-the-delay-of-its-etf/" target="_blank" rel="noreferrer noopener">the course</a> of this crypto for the coming weeks. To be continued…</p>

A Key Indicator Hints at a Double-Digit Increase for Dogecoin

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