Dogecoin is surging after forming a $0.21 double bottom and clearing key resistances, now trading near $0.2789; bullish momentum and an upcoming Dogecoin ETF launch on September 18, 2025, are lifting institutional interest and supporting further upside potential.
Dogecoin broke out after a $0.21 double bottom and is trading near $0.2789 with buyers in control.
Dogecoin ETF (DOJE) set to launch September 18, 2025, expanding institutional access.
DOGE TVL at $25.88M with 24h TVL growth of 1.75%; analysts target $0.99 by late Oct 2025 if momentum persists.
Dogecoin price update: Dogecoin surges after $0.21 double bottom; ETF launch Sept 18, 2025 boosts momentum β read analysis and trade implications.
What is driving the current Dogecoin surge?
Dogecoin is rising after a confirmed double bottom near $0.21 and a breakout above $0.23β$0.25 resistance zones, now trading around $0.2789. Strong buying pressure, higher-volume sessions, and news of a dedicated Dogecoin ETF launching September 18, 2025, are the key catalysts.
How did the double bottom and breakout form?
On September 1, DOGE established two lows near $0.21 that acted as a structural support base. After the second low the market produced higher lows and then cleared $0.23 and $0.25 on sustained volume. The four-hour chart shows higher highs and higher lows, confirming a classic breakout pattern and a shift to buyer control.
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Dogecoin surges after $0.21 double bottom, trading at $0.2789 with ETF launch ahead and analysts targeting $0.99 by October 2025.
- Dogecoin breaks out after $0.21 double bottom, reaching $0.2789 with strong buyer control.
- Dogecoin ETF launches September 18, 2025, boosting institutional access and investor confidence.
- Analysts project DOGE could climb toward $0.99 by late October 2025 if momentum continues.
Dogecoin (DOGE) is showing clear bullish momentum after forming a double bottom at $0.21 and initiating a sustained upward move. Price is currently around $0.2789 following consecutive bullish sessions and high buying volume, indicating persistent demand and a potential continuation higher in the short term.
What does the technical outlook show for DOGE price?
Technical structure confirms the breakout: successive resistance zones were cleared with limited retracement, and the four-hour timeframe shows a clean sequence of higher highs and higher lows. Short-term support is now near $0.27; breach below that would invalidate the immediate bullish thesis.
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Market commentary summarized from social channels notes the breakout sequence and supports the technical read. BitGuru reported the double bottom formation and subsequent strength. Source: BitGuru (social channel).
DOGE cleared the $0.23 zone and then $0.25, supported by elevated volume and sustained buying. Price climbed to $0.2789 after several bullish candles with minimal pullbacks, showing buyers are firmly in control of near-term price action.
The four-hour chart confirms a clean breakout pattern, while on-chain metrics show a modest rise in decentralized finance activity. DeFiLlama reports Dogecoinβs Total Value Locked (TVL) at $25.88 million, up 1.75% over the last 24 hours, with reported chain fees and revenue near $5,415 each during the same window.
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