Dogecoin (DOGE) Price Prediction: Can DOGE Rally 89% as Speculation around a DOGE ETF Intensifies?

Dogecoin price recently suffered a 20% drop before rebounding as the broader crypto market stabilized. Analysts now suggest that DOGE could surge by 89%

Dogecoin price recently suffered a 20% drop before rebounding as the broader crypto market showed signs of stabilizing following the latest U.S. inflation report. Now, as Dogecoin price attempts to recover from the sell-off, technical indicators and investor optimism suggest that DOGE price could be setting up for a major rally.

Meanwhile, speculation around a Dogecoin ETF is intensifying after Bitwise CIO Matthew Hougan hinted at the possibility of a DOGE ETF, thanks to its longevity and strong community. As institutional interest in crypto ETFs grows, Dogecoin may see benefits from potential regulatory approval. However, institutional adoption remains uncertain, especially for meme coins like DOGE.

On the other hand, a high-potential TradFi and DeFi hybrid platform, the DTX Exchange, has already raised over $13 million in its presale, presenting investors with a promising alternative to meme coins.

DOGE ETF Speculation: A Potential Catalyst for Dogecoin Price?

In his latest remarks, Bitwise CIO Matthew Hougan hinted at the possibility of a DOGE ETF, although he quickly noted that Dogecoin lacks fundamental value beyond its memetic appeal. However, Hougan did acknowledge Dogecoin’s 12-year history, fair launch, and active community as key factors that could make it eligible for ETF consideration.

A DOGE ETF would provide a regulated, institutional gateway for investors to gain exposure to Dogecoin price action without relying on centralized exchanges. With Bitcoin ETFs already attracting over $50 billion in inflows, a similar trend could emerge for DOGE if it secures approval.

But institutional adoption remains uncertain, as Hougan cautioned that meme coins with low liquidity and significant insider ownership are unlikely to receive approval.

While speculation around a DOGE ETF is growing, Dogecoin price remains highly volatile. Technical indicators now suggest that DOGE could be primed for a major rally, with price targets set at $0.53, $0.706, and potentially $1.

Dogecoin Price Prediction: Can DOGE Rally 89%?

Following its recent 20% drop, Dogecoin has shown signs of recovery, with analysts pointing to a potential 89% surge if key resistance levels are broken.

The DOGE price chart indicates a strong support level around $0.262, while mid-range resistance sits near $0.356. A move past $0.483 would confirm bullish momentum, potentially leading DOGE toward $0.706, its 1.618 Fibonacci extension target. If momentum remains strong, DOGE could test the psychological $1 level, a milestone that many investors have been anticipating.

Dogecoin price recently dropped below the lower Bollinger Band, signaling a potential sell-off. However, if DOGE manages to close above the Bollinger Bands, it could indicate a bullish breakout.

Technical indicators further support a potential breakout. The Relative Strength Index (RSI) is at 41, signaling a recovery from oversold conditions. The MACD shows a weak bullish crossover, hinting at an early-stage trend reversal. Historical fractals suggest that Dogecoin price tends to drop below its range before rebounding, aligning with previous breakout patterns.

DTX: A $0.16 Altcoin Poised for Growth as DOGE Speculation Grows

As Dogecoin price remains tied to speculation about a DOGE ETF, DTX Exchange is making waves as a next-gen trading platform, bridging traditional finance (TradFi) and decentralized finance (DeFi). Unlike meme coins, which rely on hype and viral momentum, DTX is built on fundamentals, offering a high-speed, secure, and multi-asset trading ecosystem.

DTX operates on the VulcanX blockchain, which demonstrated a capacity of 200,000 transactions per second (TPS) during its testnet, a significant improvement over legacy blockchains. With a fixed token supply of 100 million, scarcity could drive long-term value appreciation, similar to how Ethereum’s supply constraints contributed to its rise.

Security remains a priority, with SolidProof auditing ensuring protection against counterparty risks, a growing concern in crypto markets. By combining forex, stocks, crypto, and ETFs into a single trading platform, DTX Exchange is positioning itself as a pioneer in the hybrid finance sector.

If DTX Exchange’s adoption accelerates, its price trajectory could mirror early-stage Ethereum and Binance coins, which surged as their ecosystems expanded. Currently in its final presale round, with over $13M raised at $0.16, analysts believe DTX has the potential to outshine meme coins over the long term.

What’s Next for Dogecoin and DTX?

The fate of Dogecoin largely depends on whether a DOGE ETF materializes and whether institutions show interest in regulated meme coin investments. Market sentiment will also play a critical role, with Elon Musk’s potential involvement acting as a wildcard that could drive additional momentum. However, for investors