Regulators Could Soon Unlock a $1.40 DOGE Price Rally

There is a growing consensus among analysts that the upcoming Rex-Osprey Dogecoin ETF may receive regulatory approval within the coming week. Santiment analyst Brian Q. highlighted the likelihood of the REX Shares and Osprey Funds securing approval for their REX-Osprey Dogecoin ETF, with a ticker symbol of $DOJE, predicting a 93% chance of confirmation this week [1]. This potential approval could significantly expand the investor base for Dogecoin (DOGE), offering traditional finance participants a regulated avenue to gain exposure to the leading meme coin [2].

The market is already responding to these expectations. Dogecoin's price has surged by 7% in the past 24 hours, trading at $0.231 and showing a daily trading volume increase of 123% to $2.6 billion [2]. Analysts have suggested that with the potential ETF approval, DOGE could rally to as high as $1.40, reflecting a 740% gain from its current levels [2]. This optimism is further supported by the Polymarket platform, which currently lists the probability of DOGE ETF approval at 94% [2].

From a technical standpoint, Dogecoin has broken out of a symmetrical triangle on the 4-hour chart, with the Chaikin Money Flow indicator rising to 0.22, a sign of dominant buying pressure [4]. The MVRV ratio for DOGE is currently at -14.93%, placing it within a historical buy zone that has previously been followed by rallies of over 50%. This suggests that DOGE may be entering a phase of accumulation, with institutional investors likely to benefit from lower entry points [4].

However, the broader crypto ETF landscape has been marked by challenges. The U.S. spot Ethereum ETFs have seen their sixth consecutive net outflow in early September, while Bitcoin ETFs have fluctuated between inflows and outflows [1]. Despite these headwinds, the Rex-Osprey Dogecoin ETF has already demonstrated success with its Solana ETF, the $SSK, which attracted $195 million in net inflows [1]. This suggests that once the Dogecoin ETF is launched, it could benefit from a similar trend of capital inflows.

Market observers are also keeping a close eye on the U.S. Federal Reserve's upcoming policy decisions, particularly the expected 50 basis points rate cut on September 17. This event could influence the risk appetite of investors and liquidity conditions, potentially triggering the next altcoin season [2]. The anticipation of such macroeconomic developments has led to increased open interest in DOGE futures contracts, as institutional traders hedge their spot exposure [3].

In conclusion, while the approval of the Rex-Osprey Dogecoin ETF is still pending, the market is already preparing for its implications. With strong technical indicators and growing institutional interest, the potential for a substantial price increase in DOGE appears to be supported by both sentiment and data. However, any rally will depend on the ETF's actual approval and the broader market conditions in the coming weeks.

Source: [1] There's 93% Chance for Dogecoin ETF Approval This Week (https://finance.yahoo.com/news/analyst-93-chance-dogecoin-etf-083604789.html) [2] Dogecoin Leads Altcoin Market Rally Amid DOGE ETF ... (https://coingape.com/dogecoin-leads-altcoin-market-rally-amid-doge-etf-optimism/) [3] DOGE Price News: Shows 5.7% Swing as Traders Eye 25- ... (https://www.coindesk.com/markets/2025/09/09/doge-price-action-shows-5-7-swing-as-traders-eye-25-cents-target) [4] Dogecoin (DOGE) Price Breakout Meets 92% ETF ... (https://www.ccn.com/analysis/crypto/dogecoin-doge-price-breakout-etf-approval-chances-what-next/)