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Dogecoin Price Prediction: DOGE ETF Could Launch in 20 Days – Is Smart Money Quietly Loading Up DOGE?

DOGE / USD 1-day chart, ascending channel eyes breakout. Source: TradingView.

The Bitwise spot DOGE ETF might launch inside 20 days via an automated approval course of, a possible bullish catalyst for Dogecoin price predictions.

Bitwise’s strategy locations the meme coin ETF on a 20-day countdown to automated approval beneath Section 8(a) of the Securities Act, barring SEC intervention.

The fast-track comes as worth motion aligns with extra bullish narratives like ETFs. Since the submitting, the Dogecoin worth is up over 12%.

Broader FUD tied to the U.S.-China commerce warfare, U.S. authorities shutdown, and fears of slowing financial progress seems to have taken the again seat as sensible cash reenters the market.

Whales accrued over 200 million DOGE tokens throughout Sunday buying and selling, an obvious transfer to place forward of ETFs over de-risking.

Once authorized, spot DOGE ETFs stand to open the floodgates to recent TradFi demand and institutional-level publicity.

Dogecoin Price Prediction: Could Approval Flip the Scales?

The refocus on the ETF narrative comes as DOGE units its sights on the breakout of a year-long ascending channel setup.

With its decrease boundary now affirmed as a launchpad, a breakout try is in play, supported by more and more bullish momentum indicators.

DOGE / USD 1-day chart, ascending channel eyes breakout. Source: TradingView.
DOGE / USD 1-day chart, ascending channel eyes breakout. Source: TradingView.

The RSI has made a pointy rise again in the direction of impartial, an indication of great purchase stress, whereas the MACD histograms rising lead above the sign line places the prevailing development firmly in the fingers of the bulls.

An advance to reclaim the $0.20 demand zone as psychological help might verify a renewed breakout push, concentrating on earlier highs at $0.50 for a 200% acquire.

A recent touchpoint for capital inflows, like ETFs, might push this even additional, placing the coveted $1 milestone in focus for a possible 450% acquire.

However, a breakdown state of affairs stays a chance with restricted help under $0.15, risking a possible 50% crash again to pre-bull run ranges at $0.09.

Maxi Doge: Dogecoin Hype Could Offer a Bigger Breakout Play

Maxi Doge presale.

If previous cycles show something, it’s that Doge-branded tokens carry the strongest social momentum.

Shiba Inu carried the torch from Dogecoin in 2021, then Floki, Bonk, Dogwifhat, Neiro, and most lately Dowge. Every bull run ultimately delivers its personal parabolic Doge-themed runner.

This time round, imminent spot ETFs and the DOGE-1 lunar mission create the proper atmosphere for a brand new frontrunner, and speculators are eyeing Maxi Doge ($MAXI) as the subsequent moonshot.

The hype is already translating into numbers.

The $MAXI presale has introduced in nearly $4 million, with early backers at the moment having fun with a high 78% APY on staking rewards.

For those that missed out on the Doge wave earlier than, MaxiDoge might be the subsequent alternative to catch a meme coin breakout earlier than it runs.

To purchase early, go to the official Maxi Doge website here and join a crypto pockets (comparable to Best Wallet).

Visit the Official Maxi Doge Website Here

The publish Dogecoin Price Prediction: DOGE ETF Could Launch in 20 Days – Is Smart Money Quietly Loading Up DOGE? appeared first on Cryptonews.

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