DOGE#doge⚡ $DOGE Analysis Report

Recent News

1 SEC Recognizes DOGE ETF Filings: The U.S. Securities and Exchange Commission (SEC) has announced its recognition of Grayscale’s filings to list DOGE and XRP exchange-traded funds. The SEC is expected to make a decision on these applications by mid-October, signaling a potential change in its stance toward cryptocurrency listings.

2 Whales Buy DOGE DOGE whales have purchased 750 million DOGE during the recent market downturn, signaling expectations of a market recovery. Read More

Elon Musk’s DOGE Initiative: Elon Musk has launched a new initiative aimed at reducing the federal budget deficit, which has increased interest in DOGE.

Technical Indicators

RSI 51.24 (Neutral)

MACD: The MACD line is above the signal line indicating a potential uptrend. DJ 53.68 indicates the strength of the current trend).

Bollinger Bands: Current price is 0.26717, 0.26841 with support at 0.25964 and resistance at

Capital Flow

DOGE 15,271,514: Net Capital Flow

DOGE 167,458,640: Capital Inflow

DOGE 182,730,154: Capital Outflow

Fear & Greed Index

Fear & Greed Index: 51 (Neutral)

Conclusion

Current data shows that DOGE is in a neutral position with some positive indicators, especially with whale interest and SEC recognition of ETF filings. However, the market should be closely monitored due to negative capital flow.