Dogecoin ETF Inflows Hit January High as DOGE Tests Key $0.10 Resistance

1 hour ago 2 sources positive

Key takeaways:

  • ETF inflows signal institutional interest, but rising exchange inflows warn of near-term DOGE sell pressure.
  • Traders should watch $0.09353 support; losing it risks deeper pullback before any $0.10 breakout attempt.
  • Whale accumulation of 240M DOGE clashes with exchange inflows, signaling profit-taking risk.

Dogecoin is trading near $0.09965 after gaining more than 10% over 24 hours, touching a three-month high of $0.10589 before pulling back to test the 0.618 Fibonacci retracement at $0.09956. Its market capitalization has risen to roughly $15.2 billion, making it the 12th-largest cryptocurrency. DOGE ETF inflows reached $909,650 on September 21, the highest daily total since January 5, 2026.

Analysts say DOGE must hold above $0.09353, the 0.5 Fibonacci level, and then clear $0.10 to open a path toward $0.1085. Trader Tardigrade took profit near resistance and plans only buy orders until the trend shifts.

Market watchers have outlined higher targets: Cyriptoman4 sees a decisive break above $0.10 leading to $0.1175-$0.15, while BSC Gems Alert argues a break and hold above $0.22 could accelerate momentum. More aggressive forecasts from Bark and MikybullCrypto call for a move toward $1-$3.

Supporting the bullish case, whales accumulated more than 240 million DOGE earlier this month. However, CoinGlass data shows exchange inflows have exceeded outflows in recent days, indicating that some investors moved coins to exchanges and could add near-term selling pressure.

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