Dogecoin Price Falls 4% Today but Analysts Say Nasdaq Listing Could Reignite $1 Target
The Dogecoin worth slipped roughly 4% on the day and 24% on the week, hovering close to $0.20–$0.21 at press time.
While the pullback cools final week’s rebound, analysts say contemporary Nasdaq-listing headlines and ETF momentum might reset the narrative and revive the long-standing $1 goal if key ranges maintain.
Nasdaq Listing & Dogecoin ETF Buzz Put $1 Back in Sight
The House of Doge, a company arm tied to the Dogecoin Foundation, plans to go public through a $50 million merger with Brag House Holdings (NASDAQ: TBH).
The new entity is about to steward an ecosystem treasury of 837 million DOGE and push DOGE integrations throughout gaming, campus sports activities, and digital media, bringing the model nearer to mainstream finance and tradition.
At the identical time, Dogecoin ETFs from issuers comparable to 21Shares, Bitwise, and Grayscale are on the SEC’s docket, with early DOGE merchandise already drawing over $30 million regardless of increased charges.
A inexperienced gentle for lower-cost funds might funnel new, regulated demand into DOGE, traditionally a catalyst for liquidity and worth discovery throughout crypto.
Key ranges: $0.20 help, $0.23–$0.25 and $0.29–$0.30 Resistance
Dogecoin Price motion stays balanced on a knife-edge. Traders flag $0.200 as essential help; shedding it dangers a slide towards $0.178.
On the upside, preliminary resistance sits at $0.214 and $0.229, with a broader provide zone at $0.241–$0.254. A day by day shut above $0.25 opens a run at $0.29–$0.30, the realm many look ahead to a breakout affirmation.
Technically, DOGE just lately printed hammer/morning star patterns off the lows, whereas momentum has cooled to impartial, typically a staging zone earlier than the subsequent directional transfer. For swing merchants, $0.18 (help) and $0.25 (resistance) are the speedy invalidation/continuation traces.
Whales accumulate as Weekly Triangle Coils
On-chain, whales soaked up roughly $42 million in DOGE throughout the dip, signaling confidence as worth continues to coil inside a multi-month triangle on the weekly chart. Historically, DOGE’s lengthy compressions have preceded outsized expansions.
A decisive break above $0.30 would align with that sample and shift near-term targets to $0.49 and finally the psychological $1 over an extended horizon, notably if Nasdaq itemizing progress and ETF approvals land in sync.
Cover picture from ChatGPT, DOGEUSD chart from Tradingview
