Dogecoin Hits Multi-Month High, Veteran Trader | Crypto News
According to veteran trader Peter Brandt, Dogecoin’s price has pushed back above the $0.3 mark, a stage that merchants watched carefully this week.
TradingView data reveals an 11% rise in a session that despatched the coin to a multi-month high, and the transfer has drawn recent consideration forward of the first spot DOGE ETF. Volume is high and many eyes are now on how long patrons can maintain beneficial properties.
Meme Coin Retakes A Key Level
Based on stories, the rebound got here even after the deliberate ETF launch was delayed. Bloomberg analysts Eric Balchunas and James Seyffart said the REX-Osprey fund has been pushed to next week and will maintain spot DOGE among other property.
That construction might enable some institutional money to get publicity without direct custody of all holdings themselves.
Huge breakthrough for $DOGE pic.twitter.com/gpK71OSjNH
— Peter Brandt (@PeterLBrandt) September 13, 2025
Analysts Set Stretch Targets
Crypto analysts have supplied a vary of upside eventualities. Javon Marks put a breakout goal at $0.6533, which might be more than 100% above current costs and sit below the all-time high of $0.73.
Shorter-term ranges talked about by merchants embody resistance close to $0.26 and a next goal around $0.45. Price motion reveals 5 inexperienced classes out of the last six and a tight vary forming between the 200-day EMA and that resistance zone, indicators that shopping for stress has elevated in the close to time period.
Update Part 3: Another delay. Launching next week. Mid week. Prob Thur. https://t.co/Lzk2pCVo0E
— Eric Balchunas (@EricBalchunas) September 11, 2025
Whales, Volume And Technical Signals
Reports have highlighted strong whale buys at current ranges. The token briefly rose to about $0.2840, its highest studying since July 21, and 24-hour quantity has climbed above $5 billion.
The month-to-month RSI just lately posted a constructive crossover, a technical trace some merchants call bullish. Still, many warn that a firm month-to-month close can be needed to affirm a longer development change and that fast swings stay potential.
Market Context And What Comes Next
A clean transfer above $0.26 is being watched as a affirmation level by a number of merchants. If that stage offers approach, momentum might carry costs to $0.45 and then to $0.80 under a sustained shopping for wave.
The ETF timing issues: calendar shifts just like the current delay can nudge sentiment, but the rally has continued even without the fund itemizing, suggesting other patrons are already positioning forward of any formal launch.
Nowhere But Up
Dogecoin’s reclaim of $0.3 marks a clear shift from current weak point and indicators renewed upside potential if patrons maintain key helps.
Reports of whale accumulation, a surge in 24-hour quantity above $5 billion, and technical strikes such as the month-to-month RSI crossover all add to a bullish case, while the delayed REX-Osprey ETF launch retains some uncertainty in play.
Peter Brandt called the transfer a “huge breakthrough”, a phrase that captures why merchants are watching the month-to-month close and whether or not the coin can press toward targets like $0.6533 and ranges close to its $0.73 ATH.
Featured image from Pixabay, chart from TradingView
Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, fastidiously curated to keep you informed.