A Dogecoin ETF has been gaining more attention and raising more speculation in the market. The prediction markets have attached an 80% chance of the ETF proposal of DOGE being approved, following the successful listing of a number of and XRP-based exchange-traded products. This potential has increased even more certainty among investors seeking greater legitimacy in the market.
The market has a , as indicated by short-term technical indicators. Current Bitget analysts indicate higher lows and maintained volume, indicating a robust market structure. Support at the $0.264 level is now more established, whereas resistance remains at $0.280. If DOGE pushes above its current cap, analysts indicate that the upward movement can be around the price range of $0.295 to $0.315.
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