 
 
Dogecoin (DOGE), the iconic meme cryptocurrency, appears poised for its next bullish surge.
Renowned market analyst Ali Martinez predicts that after witnessing a short consolidation, Dogecoin might resume its bullish run, targeting $0.45.
Martinez highlights that Dogecoin has found strong support in recent weeks, with buyers reinforcing key levels. Despite short-term volatility, DOGE’s current consolidation is healthy, often paving the way for a stronger breakout and renewed upward momentum.
Notably, Dogecoin’s momentum is being driven by retail enthusiasm, celebrity backing, and rising institutional interest. Its loyal community and growing on-chain activity reinforce DOGE’s fundamentals, setting it apart from many other cryptocurrencies.
At the time of this writing, DOGE was trading at $0.27, representing a 9.9% increase in the past week, according to CoinGecko data.
 
Peter Brandt Flags “Huge Breakthrough” for Dogecoin
Veteran trader Peter Brandt calls Dogecoin’s recent 11% surge past $0.30 a ‘huge breakthrough,’ drawing strong interest from both retail and institutional investors.
Brandt depicts rising optimism for Dogecoin ahead of the much-anticipated REX-Osprey Dogecoin ETF launch, which will give institutional investors easy exposure to DOGE.
Notably, this ETF is expected to boost liquidity and attract significant capital, strengthening the Dogecoin market despite earlier delays.
On the other hand, market commentator Javon Marks forecasts Dogecoin could surge to $0.6533, over 100% above current levels, citing technical patterns signaling strong bullish momentum.
Thanks to the upcoming ETF launch and rising institutional interest, DOGE could see further growth.