Overview
- Dogecoin traded around $0.25–$0.27 after slipping under $0.25, with near-term support clustered at $0.23–$0.25 and repeated resistance capping moves near $0.28–$0.30.
- Analysts flag the $0.2968–$0.30 weekly Ichimoku cloud top as the next decisive hurdle, with a confirmed weekly acceptance above it seen as a regime shift.
- Exchange data cited by Benzinga shows roughly $270 million in net DOGE outflows over the past week, a pattern often interpreted as large holders accumulating off exchanges.
- Institutional access continues to expand, with Rex‑Osprey’s DOJE ETF surpassing $20 million in inflows and 21Shares’ TDOG appearing on DTCC workflows, which supporters say could broaden participation.
- Outlooks diverge: Cantonese Cat frames a two‑month window for either cycle exhaustion or an Elliott Waved ~$ advance toward ~$2, while Dima Potts projects a conditional 37x path to about $11.71 if historical breakout patterns repeat.