How high can DOGE price go when a Dogecoin ETF is approved?

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Key takeaways:

  • The Rex-Osprey DOGE ETF is expected to launch this week.

  • A classic chart pattern hints at a $0.50 DOGE price rally, with a $1.40-$3.65 longer-term target.

Dogecoin (DOGE) price traded at $0.24 on Tuesday, up 20% from its local low of $0.2047 reached on September 1. This recovery, of course, is *totally* fueled by the giddy optimism surrounding the imminent launch of the first Dogecoin ETF in the United States. Who would have guessed? 📈

But the real question remains-can Dogecoin finally, FINALLY, break that magical $1 barrier? The suspense is *killing* us.

First Dogecoin ETF is coming?

This week could mark a monumental moment for Dogecoin as the Rex-Osprey DOGE exchange-traded fund (ETF) under the ticker $DOJE is expected to launch. A *historic* moment in the making, my friends. 😲

The ETF would be the first of its kind in the U.S., giving investors an indirect exposure to the beloved memecoin. Crypto fans and traditional investors alike are buzzing with excitement. It’s like everyone’s uncle, who swore Dogecoin was just a joke, now trying to get in on the action. 🤷‍♂️

“First Dogecoin ETF appears likely to launch this week,” said Nate Geraci, president of the ETF Store, in a post on X (formerly known as Twitter). He also added, as if we weren’t already excited enough:

“Get ready. I think we’re in for *wild* next 2 months for crypto ETFs.”

The US Securities and Exchange Commission is expected to decide on several spot ETF applications soon, including Grayscale’s application to convert its Dogecoin Trust into an ETF. (Because why not throw a little more fuel on the fire?)

Meanwhile, Polymarket bettors are practically *dancing* with optimism, placing the odds of a spot DOGE ETF in 2025 at 91%. Spoiler: They’re *very* confident. 💸

And just like that, Dogecoin is not just an internet meme anymore. It’s a *real* financial product. Investors from all walks of life-crypto zealots, pension fund managers, and your neighbor Bob-are now all in. Will this rally turn Dogecoin into a true financial giant? Time will tell. 🐕🚀

Can Dogecoin break $1?

With the technicals lining up like stars in a cosmic alignment, it seems Dogecoin is well-positioned for liftoff. The price is coiling up in an ascending triangle on the weekly chart. Bulls are now anxiously eyeing the resistance line at $0.27. A break above that could trigger the much-anticipated breakout. A $0.50 DOGE might just be within reach. Hold on to your hats, folks. 🎩

If this happens, we’re looking at a 110% rally from where we stand now. Imagine that kind of return-*on a meme coin*. 😜

But wait, there’s more. When we zoom out and examine the cup-and-handle pattern on the monthly chart, the possibilities become downright *silly*. We could be staring down a 495% increase to $1.40, should DOGE break the resistance at $0.42. And if that weren’t enough to give you chills, the cup’s depth hints at a $3.65 price target. Is Dogecoin preparing to launch to the *moon*? 🌝

Popular analyst XForceGlobal is still keeping the faith. “Dogecoin could reach an all-time high of around $1 this cycle,” they say. But hold your horses-there’s also a chance Dogecoin could hit $10, based on Elliott Wave analysis. As if we needed more drama. 😂

$DOGE

Still very bullish on the macro for #DOGE. $DOGE still amazes me because it has a pretty conventional textbook 5-wave move since its inception.

This cycle should finish with an ATH, w/ a minimum target around $1 (realistic), and a maximum target going into double digits.

– XForceGlobal (@XForceGlobal) September 5, 2025

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2025-09-09 14:07