The post Dogecoin (DOGE) Price Prediction For September 16 appeared on BitcoinEthereumNews.com.

Dogecoin price today is trading near $0.28 after a sharp rally through the $0.27 resistance zone. The breakout above its year-long descending trendline has shifted sentiment bullish, with traders eyeing whether the upcoming U.S. Dogecoin ETF launch can propel DOGE above the psychological $0.30 barrier. Dogecoin Price Breaks Out Of Compression DOGE Multi-Month Symmetrical Triangle (Source: TradingView) The daily chart shows DOGE resolving a multi-month symmetrical triangle with a decisive move higher. Price is holding above key moving averages, with the 20-day EMA at $0.24 and the 50-day EMA at $0.22 providing dynamic support. Related: Solana (SOL) Price Prediction For September 16 Momentum is stretched but supportive. The RSI is at 74, reflecting overbought conditions but also showing strong buyer conviction. The structure suggests that as long as DOGE holds above $0.27, momentum could carry toward $0.32 and $0.35 in the short term. ETF Launch Sparks Optimism Market focus has shifted sharply to the REX-Osprey Dogecoin ETF, set to debut in the U.S. this Thursday. Unlike traditional spot ETFs that require lengthy approval, the structure of this product allows a faster launch. The news comes as the SEC also postponed a decision on Bitwise’s spot Dogecoin ETF application. Analysts note that delays are routine and should not be read as a rejection. With the U.S. set to host its first DOGE-based ETF, institutional exposure is expected to expand, a potential game-changer for liquidity and mainstream adoption. On-Chain Flows Point To Profit-Taking DOGE Netflows (Source: Coinglass) Exchange data reveals a $42.4 million net outflow on September 14, even as Dogecoin price climbed to $0.29. This suggests that some traders are taking profits into the rally rather than adding fresh capital. Related: Ethereum (ETH) Price Prediction For September 16 While netflows remain negative overall, the magnitude has narrowed compared to earlier in…

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Filed under: News - @ September 15, 2025 10:29 am