Dogecoin News Today: Institutional ETFs and Whale Moves Ignite Dogecoin's Bullish Surge

Dogecoin (DOGE) surged 3.7% to $0.2594 on October 2, 2025, driven by a bullish technical setup as the RSI crossed above the 50-day simple moving average (SMA) in a monthly crossover. Analysts highlighted the formation of a Golden Cross pattern, where the 50-day SMA crossed above the 200-day SMA on multiple timeframes, a historically significant indicator of upward momentum. The price stabilized above $0.22, a critical support level formed by the 0.618 Fibonacci retracement and the point of control, confirming a hidden bullish divergence on the RSI. This divergence, marked by higher lows in price against lower lows in RSI, suggests continued upward pressureDogecoin (DOGE) Price: Bullish Patterns Stack Up as …^[1].

Key resistance levels are now in focus. The immediate target at $0.33, a psychological and technical threshold, could trigger a 60% rally to $0.37 if bulls overcome it. Analyst Cas Abbe projected a potential move to $0.37, while Trader Tardigrade noted a MACD crossover on the 12-hour chart, with a green histogram signaling rising buying pressureDogecoin (DOGE) Price: Bullish Patterns Stack Up as …^[1]. Whale activity has intensified, with large investors accumulating over 340 million DOGE in recent weeks, reducing circulating supply and signaling confidence in the uptrend.

Institutional interest has further fueled optimism. The launch of the REX-Osprey Dogecoin ETF (DOJE) on September 11 and pending applications from Grayscale and Bitwise have positioned DOGE for broader institutional adoption. On-chain data shows increased new addresses and active wallets, with whale accumulation aligning with historical price surges. The 21Shares DOGE ETF's appearance on the DTCC's official site has also raised expectations of regulatory approval.

Technical indicators reinforce the bullish case. The RSI stabilized in the 55–60 range, avoiding overbought territory, while the MACD histogram turned positive, confirming renewed momentum after a subdued August. A falling wedge pattern, identified by analysts like Coinvo, suggests a potential breakout above $0.25, with $0.30 as a near-term target. If DOGE breaks $0.34, it would validate a continuation of the larger uptrend, potentially extending gains into late 2025.

Long-term projections remain speculative but ambitious. Solid, a crypto analyst on X, highlighted a wide consolidation pattern on weekly charts, projecting a parabolic rally that could see DOGE reach $1 by 2026. This trajectory assumes sustained institutional inflows and a broader market rally, with the 2021 peak serving as a baseline for accelerationDogecoin (DOGE) Price: Bullish Patterns Stack Up as …^[1]. However, caution is advised, as the 14-day RSI remains neutral, and mixed longer-term performance indicators suggest potential volatility aheadDOGE Price Performance and Relative Strength | RSI Hunter^[2].