Dogecoin (DOGE) Price Prediction: Dogecoin Holds $0.24 Support as $20M ETF Inflows Fuel Bullish Momentum Toward $1
The post Dogecoin (DOGE) Price Prediction: Dogecoin Holds $0.24 Support as $20M ETF Inflows Fuel Bullish Momentum Toward $1 appeared on BitcoinEthereumNews.com.
Dogecoin is back in the spotlight as its price steadies above $0.24, while fresh ETF inflows of over $20 million fuel growing speculation about a long-awaited rally. The memecoin, often viewed as a barometer for risk appetite in crypto markets, is showing resilience at key levels. With institutional interest rising through ETF exposure and technical charts signaling bullish potential, analysts believe Dogecoin could be preparing for its most decisive breakout in years. ETF Inflows Boost Market Confidence According to daily trading data, Dogecoin currently records a volume exceeding 780 million tokens, reflecting steady activity despite broader market pullbacks. Analysts note that ETF inflows indicate growing interest in DOGE as a more accessible investment vehicle. Dogecoin’s first-week ETF trading saw modest $9.9M net inflows, far below Ethereum ETF launches, coinciding with a price dip below $0.24 despite a brief $12M spike. Source: CoinMarketCap Crypto strategist Michael Hayes noted that Dogecoin’s ETF approval serves as a significant confidence signal for the market. While it is still early, sustained inflows could support greater price stability and attract new participants. This surge of investor interest aligns with broader Dogecoin news predictions that ETFs could act as catalysts for higher adoption and liquidity. Technical Patterns Signal Rally Technical analysis highlights $0.25 as the immediate resistance level. A successful breakout above this mark could propel Dogecoin toward $0.30–$0.33, with analysts eyeing $0.3173 as a key target. Beyond that, a longer-term bullish pattern—often described as a cup-and-handle formation—suggests the possibility of Dogecoin moving toward the $1 level in the future. Market analyst Cas Abbe emphasized the importance of the upcoming resistance test: “The $0.33 level is critical. If Dogecoin breaks through, it could spark a strong continuation rally across the altcoin sector.” DOGE is approaching a golden cross, and a rise above $0.33 could trigger a broader…
Filed under: News - @ October 3, 2025 2:24 am