Dogecoin News Today: Dogecoin at ETF Tipping Point: Buyers Defend $0.213, Sellers Guard $0.221

Dogecoin (DOGE) has experienced a 5.7% price swing in recent trading sessions, as traders closely monitor key support and resistance levels and anticipate potential ETF approvals that could drive further momentum. The cryptocurrency traded within a tight $0.213–$0.221 range, with buyers defending the $0.213–$0.214 support area and sellers pressing against the $0.220–$0.221 resistance zone. Despite no clear external catalysts, on-chain activity and order-flow dynamics suggest that traders are actively engaging with the token’s price structure. Momentum surged during rebounds above average session volume but faded in the closing hours, keeping the price just below resistance [1].

Technical analysis indicates that $0.213–$0.214 remains a critical support level. A sustained break below this range could expose deeper support zones at $0.210–$0.212 and potentially $0.205. Resistance at $0.220–$0.221 remains intact, with further levels at $0.224–$0.226 and $0.230 acting as key hurdles for a bullish continuation. The RSI indicator has stabilized in the mid-50s, reflecting a neutral-to-bullish bias without overextension, while the MACD histogram suggests a potential bullish crossover consistent with accumulation rather than speculative buying [1].

Traders are particularly focused on whether DOGE can close above $0.221 on increasing volume, as a decisive break through this level would signal a shift from range-bound trading to a continuation phase. Repeated failures to move beyond this zone could invite a mean-reversion back toward the $0.214 level. Additionally, the quality of any breakout—measured by higher highs and higher lows on intraday frames, shrinking wicks at resistance levels, and sustained participation—will be crucial in validating the move [1].

The recent price action coincides with heightened expectations for a DOGE ETF approval in 2025, with Polymarket odds showing an 92% probability of such a product launching soon. The Rex-Osprey DOGE ETF, ticker $DOJE, is expected to debut under the 40 Act, which allows for quicker market entry by bypassing some of the regulatory hurdles faced by traditional crypto ETFs. The ETF is backed by REX Shares and Osprey Funds, the same firms behind the SSK Solana staking ETF, and is seen as a potential game-changer for DOGE’s institutional adoption [4].

Market participants are also watching Dogecoin’s on-chain activity. The token’s MVRV ratio stands at -14.93%, indicating that the current price is below the average paid by investors. Historically, this range has marked buying opportunities for long-term holders, and similar levels have preceded price rebounds of over 50% in the past [2]. Additionally, active address counts and market cap have shown signs of bullish strength, with recent inflows pushing the market cap to a 34.5 billion-dollar peak [3].

The DOGE price recently broke out of a symmetrical triangle pattern, with the Chaikin Money Flow (CMF) rising above zero to confirm stronger buying pressure. If the token holds above $0.20, it could retest resistance at $0.25, with the 0.618 golden ratio level at $0.30 serving as a long-term target. However, a breakdown below $0.20 could push the price toward $0.13 in a bearish scenario [2].

Traders are also analyzing the TD Sequential indicator, which recently flashed a sell signal at $0.234–$0.235. This suggests that the rally may be running out of steam unless bulls can push through the $0.24 barrier with volume expansion. Analysts such as Ali Martinez have highlighted the importance of candlestick patterns and RSI levels in gauging the strength of the move, with overbought conditions raising caution for near-term volatility [3].

In summary, Dogecoin is at a critical juncture as traders and investors evaluate whether it will continue its upward momentum or enter a consolidation phase. The interplay between technical levels, on-chain metrics, and regulatory developments—particularly the potential launch of a U.S. ETF—will be key to shaping the token’s near-term trajectory.

Source:

[1] Doge Price Action Builds Higher Lows While Resistance Holds (https://www.coindesk.com/markets/2025/09/08/doge-price-action-builds-higher-lows-while-resistance-holds)

[2] Dogecoin (DOGE) Price Breakout Meets 92% ETF Approval Odds (https://www.ccn.com/analysis/crypto/dogecoin-doge-price-breakout-etf-approval-chances-what-next/)

[3] Dogecoin Price Analysis: Doge Price Rally Stalls at Resistance (https://coincodex.com/article/72820/dogecoin-price-analysis-doge-rally-stalls-at-resistance-chart-analysis/)

[4] Could a Dogecoin ETF Be Launched in the U.S. This Week? (https://www.coindesk.com/markets/2025/09/08/could-a-dogecoin-etf-be-launched-in-the-u-s-this-week)