Dogecoin (DOGE) Price Prediction: Can Dogecoin Overcome $0.29 Resistance for a $1 Surge?
The post Dogecoin (DOGE) Price Prediction: Can Dogecoin Overcome $0.29 Resistance for a $1 Surge? appeared on BitcoinEthereumNews.com.
Dogecoin price momentum is heating up as the meme coin hovers near a decisive resistance level, with traders eyeing whether breaking $0.29 could ignite the long-awaited rally toward $1. After months of sideways trading and sharp volatility, DOGE has once again captured investor attention. With whales accumulating, ETF speculation brewing, and technical indicators turning bullish, the next breakout could define Dogecoin’s trajectory into late 2025. Whale Activity and Retail Selling Pressure A recent Dogecoin price analysis reveals a tug-of-war between whales and retail traders. While smaller investors have been selling, large holders are quietly accumulating. Data from Glassnode and Santiment revealed that whales added nearly 200 million DOGE in recent weeks. Another surge in activity came mid-September, when whales scooped up an additional 890 million DOGE—worth around $231 million at the time. Dogecoin (DOGE) must break $0.29 resistance to trigger a potential rally toward $0.32–$0.50. Source: Ali Martinez via X This accumulation signals long-term confidence, as whale purchases during market dips often indicate expectations of a larger rally in the future. Still, exchange inflows suggest that retail sellers remain in control for now. Between September 7 and 15, balances on trading platforms rose by nearly 5 billion DOGE—the highest monthly inflow this year. This wave of selling has limited short-term momentum, even as whale wallets absorb some of the pressure. ETF Speculation Fuels Optimism Another potential catalyst is the long-anticipated Dogecoin ETF. The launch, initially expected last week, has been delayed but is now expected to arrive within days. Analysts believe an ETF could bring a fresh wave of institutional demand. If approved, the ETF would provide mainstream investors an easy way to access Dogecoin, potentially giving the price the push needed to break above $0.29. Wall Street eyes Dogecoin ahead of the first US ETF, with rising institutional accumulation…
Filed under: News - @ September 17, 2025 8:27 pm