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Dogecoin Price Prediction: DOGE ETF Set to Debut This Week – Wall Street Sending DOGE to $10+

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The REX-Osprey DOJR ETF (DOJE) is about to begin buying and selling this Thursday, including to the catalysts stacking in favour of bullish Dogecoin price predictions.

The issuer would be the first to ship regulated publicity to DOGE, increasing the meme coin’s footprint in U.S. TradFi markets past company treasury automobiles.

However, DOJE won’t be a traditional spot ETF, functioning extra as a mutual fund with oblique publicity by means of a Cayman Islands-based subsidiary utilizing crypto derivatives merchandise.

While this differs from different DOGE ETF filings, it lays the groundwork for asset managers like Greyscale chasing direct asset-backed ETF to see approval in October.

With the SEC’s first greenlight, Dogecoin may unlock sidelined capital from establishments awaiting regulatory clarity.

And with markets pricing 100% odds of a U.S. interest rate cut today, plus a base-case of 75 bps in whole cuts earlier than year-end, a parabolic setup may quickly come into play.

Dogecoin Price Analysis: Could Wall Street Send Doge to $10?

These stacking catalysts for demand may give Dogecoin the momentum it wants to realise the complete breakout of a two-month bullish pennant sample.

This continuation sample stands to see Dogecoin worth resume its July bull run with its $0.26 August high now flipped to potential help.

DOGE / USD 1-day chart, bullish pennant breakout continues. Source: TradingView.
DOGE / USD 1-day chart, bullish pennant breakout continues. Source: TradingView.

Momentum indicators again a bullish case. The RSI has cooled to 60 after breaching the oversold threshold at 70, which usually marks native tops.

However, the correction might not be over but because the MACD line has but to resume its uptrend, closing in on a possible dying cross.

A decisive bounce from $0.26 will show essential because the launchpad for the subsequent transfer increased, concentrating on a 40% transfer for a full breakout to $0.38.

With ETFs attracting new TradFi demand, this DOGE breakout could extend to $1 for a possible 270% acquire.

The $10 milestone, nevertheless, will possible hinge on long-term adoption by means of ETFs, company treasuries, and potential 401(ok) publicity, integrating XRP deeper in U.S. monetary markets.

While TradFi Eyes Dogecoin, Speculators Eye a New Bull Run Play

Each bull market produces tokens that skyrocket as communities rally behind them, and none carry extra viral momentum than Doge-inspired cash..

The cycle is evident: Dogecoin led in 2021, adopted by Shiba Inu, Floki, Bonk, Dogwifhat, Neiro, and Dowge. Every bull run delivers a Doge-branded runner.

Now, consideration is shifting to Maxi Doge ($MAXI) because the potential subsequent mover.

Maxi Doge (MAXI) presale website.
Maxi Doge (MAXI) presale web site.

Maxi Doge embraces a no-utility ethos wrapped in gym-culture satire and dealer degeneracy. It positions itself as extra than simply one other Dogecoin; it’s a way of life asset.

Momentum is already constructing quick. The $MAXI presale has raised over $2.2 million, with early traders incomes 144% APY by means of staking rewards.

You can be a part of the Maxi Doge ($MAXI) presale now on the official website. This could possibly be the final early entry, with the token set to enter the open market mid-bull run.

You can sustain with Maxi Doge on X (formerly Twitter) and Telegram.

Visit the Official Website Here

The put up Dogecoin Price Prediction: DOGE ETF Set to Debut This Week – Wall Street Sending DOGE to $10+ appeared first on Cryptonews.

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