Overview
- Crypto Patel’s new chart-based projection pegs DOGE targets at $2 and $5 from roughly $0.17, implying gains of about 1,000% to more than 2,800%.
- Analysts cite a multi‑year descending triangle from the 2021 peak, a December 2024 breakout above roughly $0.48, and a subsequent retest viewed as the potential trigger for a larger move.
- NewsBTC reports that Bitwise has advanced a DOGE ETF filing under Section 8(a) using CF Benchmarks’ settlement price, which could broaden institutional access if regulators approve it.
- Short‑term gauges are mixed, with a modeled rise to about $0.2002 by December 12, a Fear & Greed Index near 20 indicating fear, and 13 green days out of the last 30 with roughly 6.7% volatility.
- On‑chain snapshots suggest large holders have trimmed supply as retail participation ticks up, leaving the timing and probability of any parabolic advance uncertain.