DOGE Price Prediction: The first DOGE ETF in the US is about to launch, targeting DOGE at $0.33.

The launch of the first DOGE ETF in the United States marks the official entry of meme coins into the regulatory realm of TradFi. However, the listing of this fund has also sparked intense discussions about the actual “utility” of its underlying asset, Dogecoin. Despite the controversies, the launch of the ETF, institutional interest, and increased Whale activity are collectively driving the price of DOGE to pump.

The First DOGE ETF Launches: Controversy and Milestone

Delayed Launch: The DOGE ETF launched by REX-Osprey, code-named DOJE, was originally scheduled to go live this week, but the latest news indicates it has been delayed again, now expected to officially start trading next week. The fund aims to provide a regulated way for U.S. investors to indirectly invest in DOGE.

Utility Struggle: Bloomberg senior ETF analyst Eric Balchunas publicly challenges the DOGE community to list actual applications of DOGE beyond community interest and trading speculation. He points out that DOGE may be the first “ETF intentionally holding a useless asset” in the United States.

Legal Path: According to reports, the fund has taken an unusual legal route by registering under the Investment Company Act of 1940 rather than the Securities Act of 1933. This choice has triggered additional scrutiny, and observers are closely watching how its custody and regulatory review will unfold.

Technical Analysis: DOGE Price Poised for a Rise

Currently, the trading price of DOGE is about 0.249 USD, hovering at the upper limit of the six-week trading range between 0.22 USD and 0.25 USD. Technical indicators show potential bullish momentum:

Support level: The 20-day EMA (Exponential Moving Average) is around $0.225, and the 50-day, 100-day, and 200-day moving averages are below $0.220, together forming a strong support zone.

Bullish signal: The Relative Strength Index (RSI) is in the range of 60-61, indicating stable buying momentum and not overbought. The MACD histogram has also turned positive, suggesting a resurgence of bullish sentiment.

Key resistance: The short-term key is whether it can close above 0.246 to 0.250 USD. If it successfully breaks through, the targets will sequentially look towards 0.263 USD, 0.273 USD, and the July high of 0.300 USD.

Long-term goal: Analysts also pointed out that there is a resistance level around $0.29 for a parallel channel pattern. If it can break through, based on the width of the channel, the price increase could extend to $0.50.

Fundamentals: Institutional Interest and Whale Activity Provide Momentum

In addition to the technical aspects, the positive fundamentals also provide a pump for DOGE:

Institutional Interest: In addition to the upcoming REX-Osprey ETF, Grayscale has also submitted a DOGE ETF application. These developments indicate that the meme coin, once thought to be impossible, is attracting increasing institutional attention.

Whale activity: On-chain data shows that over 10 million DOGE has been withdrawn from exchanges. This behavior is typically interpreted as whales accumulating long-term, thereby reducing the circulating supply in the market.

Conclusion

Despite the ongoing debate about the “utility” of DOGE, the launch of the first DOGE ETF marks the formal entry of this speculative asset into the regulated world of TradFi. This event, combined with increasingly bullish technical signals and on-chain indicators, is collectively reinforcing the bullish narrative around DOGE. Whether DOGE can break through the key resistance at $0.25 will lay the foundation for subsequent pump and may trigger a strong rebound toward $0.30 or even higher.