Will DOGE Price Hit $2? Dogecoin ETF Hopes and Whale Buys Spark Rally Talk
The post Will DOGE Price Hit $2? Dogecoin ETF Hopes and Whale Buys Spark Rally Talk appeared on BitcoinEthereumNews.com.
TLDR The DOGE price moved above the $0.23 resistance level after two weeks of consolidation. Analysts believe the Dogecoin price could reach $2 if the current momentum continues. Crypto Patel identified a strong support level for the DOGE price at $0.15. Whales have been accumulating DOGE within the $0.18 to $0.23 buying zone. The odds of a spot Dogecoin ETF approval increased from 51% to 71% in recent days. The DOGE price has broken a multi-week resistance and now trades higher as bullish sentiment grows. If current momentum holds, analysts project possible gains toward $2. Rising Dogecoin ETF approval odds and strong whale activity are reinforcing this upward outlook. DOGE Price Breaks Key Resistance The Dogecoin price moved past the $0.23 resistance after struggling for two weeks. Bulls are now working to turn this level into support. The token trades at $0.24 today, marking a 7.75% daily gain. Analyst Crypto Patel said the DOGE price has already secured strong lower-level support. He pointed to $0.15 as a likely floor. “Even if DOGE struggles, it has a firm base,” he stated. $DOGE is holding strong above $0.150 support, building pressure for a potential breakout this bull run.#Doge Accumulation between $0.23–$0.18 could set up targets at $0.50, $1, and even $2 if momentum kicks in. The #DogeArmy might be gearing up for its biggest run yet.… pic.twitter.com/FA6ldVcnid — Crypto Patel (@CryptoPatel) August 9, 2025 Whales have been buying within a strategic zone between $0.18 and $0.23. This accumulation could sustain momentum for the next breakout. Analysts say maintaining this zone is critical for further upward movement. Analyst Predicts Rally Toward $2 Crypto Patel forecasts the Dogecoin price could rally to $2 in the short term. This projection depends on continued buying at current accumulation zones. Whales are positioned to benefit from any…
Filed under: News - @ August 9, 2025 11:24 pm