Dogecoin (DOGE) Has the Potential for a 2-Digit Rally: ETF, Whale, and Fibonacci are the catalysts!

Jakarta, Pintu News – Dogecoin (DOGE) price has weakened after rallying to $0.30 (≈ Rp4,990) last week. Selling pressure and the Fed’s decision to cut interest rates by 0.25% barely impacted the crypto market. But according to NewsBTC’s report, there is a great chance of DOGE entering a double-digit rally with the support of technical and fundamental factors.

Dogecoin ETF is the main sentiment

Expectations of the launch of the REX-Osprey Dogecoin ETF (DOJE) continue to heat up the market. Although the SEC’s decision was delayed, many analysts believe the ETF will be approved by the end of September 2025.

If realized, the DOGE ETF could trigger a rally of up to 75%, with some even projecting the price to double. In addition, Grayscale is also proposing to convert the Dogecoin Trust into a full ETF, with Coinbase as custodian.

This move shows the increasing seriousness of institutions in supporting Dogecoin.

Also Read: 5 Shocking Facts About AVAX: Up 10.52% in 24 Hours, Price Breaks IDR 583,000!

Whale Dogecoin Accumulates Again

In addition to the ETF news, on-chain data shows Dogecoin whale activity has increased again. A record $266 million worth of DOGE purchases were pulled off exchanges.

This reduces liquidity on the exchange and potentially tightens supply, which could boost demand as well as the price of DOGE in the spot market.

Fibonacci Analysis: Target to $0.315

Technically, MadWhale analysts highlight Dogecoin’s current position near an important Fibonacci level. If DOGE is able to hold above the $0.24 daily support (≈ €4,000) and weekly trend, the price has the potential to increase by around 18% towards $0.315 (≈ €5,240).

If this momentum is maintained, a larger rally of up to 75% could be triggered, especially with the support of ETFs and whale buying.

Conclusion

Dogecoin is currently at an important crossroads. A combination of technical factors (Fibonacci support), fundamentals (Dogecoin ETF and Grayscale), and whale accumulation could trigger a major rally.

However, the crypto market remains highly volatile. Investors need to be aware of the risk of a correction if the $0.24 support fails to hold.

Also Read: 5 Facts on Hedera (HBAR) Price Pressure: Can it Survive Above IDR3,940?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Scott Matherson, NewsBTC. Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level. Accessed September 23, 2025