Dogecoin Rockets Past $0.30 as Traders Eye Big Gains
Dogecoin reclaimed the $0.30 level this week, marking a major milestone that traders have been watching closely. In one session, DOGE jumped 11%, hitting its highest point since July 21, with 24-hour volume topping $5B.
The rally coincides with a delay in the DOGE ETF launch. Bloomberg analysts note the upcoming REX-Osprey fund will hold DOGE next week, introducing institutional exposure without full asset control.
Trader sentiment is bullish: short-term resistance sits at $0.26, with upside targets near $0.45. Veteran trader Peter Brandt calls the move a “huge breakthrough,” while analysts eye potential gains up to $0.6533, approaching the all-time high of $0.73.
Whale activity is strong, and technical indicators, including the 200-day EMA, signal rising buying pressure. A sustained move above $0.26 could trigger further momentum toward $0.45–$0.80.
Dogecoin’s return to $0.30 reverses recent losses and sets the stage for a potentially strong bullish run if key support levels hold.
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