Dogecoin Reclaims $0.18 Amid Bullish Momentum and ETF Speculation
26.04.2025 21:30
Dogecoin (DOGE) has staged a bullish recovery by reclaiming the $0.18 level after previously struggling to break through resistance around $0.1568. According to CoinMarketCap data, the meme coin surged as high as $0.1923 before correcting slightly to $0.1813, reflecting a 1.1% daily gain and a 15% increase over the past week. Trading volume has spiked by nearly 30%, reaching $1.96 billion, and an 80% volume surge further highlights strong investor activity. Additionally, market participants are closely watching DOGE’s price in relation to Bitcoin, with some speculating that a Bitcoin rally to $100,000 could propel DOGE to around $0.195. The crypto community is also anticipating potential long-term support from several pending exchange-traded fund (ETF) applications currently under review by the SEC, which could further bolster Dogecoin’s price outlook.
The news paints a bullish picture for DOGE as it not only surges past key resistance levels but also benefits from strong trading volume, which indicates robust investor interest. The correlation with Bitcoin adds to its potential, as a rise in BTC could further elevate DOGE’s price. In the short term, momentum driven by high volumes and market optimism could lead to immediate gains, while the anticipated SEC review of ETF applications offers promise for sustained long-term growth. Historical trends of meme coins in bullish phases support a positive outlook, although volatility remains a factor.
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