Will DOGE Crash or Pump Next?

Dogecoin is back in the headlines, but not for the reason traders were hoping. The U.S. SEC has delayed its decision on a batch of spot crypto ETFs, including Grayscale’s proposed Dogecoin fund. While this move keeps DOGE from an immediate institutional boost, it also highlights that the meme-turned-blue-chip asset is now being considered alongside Bitcoin and Ethereum for mainstream investment products. The daily chart shows DOGE struggling near $0.22, caught between fading momentum and the promise of long-term legitimacy.

Dogecoin Price Prediction: Why is Dogecoin in the Spotlight?

The U.S. Securities and Exchange Commission has once again postponed its decision on multiple crypto-related ETFs, including Grayscale’s proposed spot Dogecoin ETF. Alongside Bitcoin, Ethereum, XRP, and Litecoin filings, DOGE is now caught in the same regulatory limbo. The new deadline is set for October, leaving the market uncertain. This delay is a double-edged sword for Dogecoin: it signals growing institutional interest, but also extends the wait for mainstream adoption catalysts.

How Did the Dogecoin Price React?

Looking at the daily DOGE/USD chart, price is hovering around $0.219, down almost 4% today. The Heikin Ashi candles show consecutive red prints after a failed attempt to sustain above $0.25. The Bollinger Bands indicate narrowing volatility, suggesting the market is bracing for a breakout. Importantly, price has slipped below the 20-day moving average (~$0.24), shifting near-term bias bearish.

The ETF delay was the trigger behind this rejection, as traders were positioned for a regulatory green light that never came. With the news out, weak hands are exiting, leaving the chart at a key inflection zone.

Key Support and Resistance Levels

• Immediate Support: $0.216 (just above lower Bollinger Band). If broken, DOGE could retest $0.19.
• Major Support Zone: $0.15–$0.16, where accumulation was heavy in June-July.
• Resistance: $0.25 remains the ceiling. A breakout above $0.25 could open the door to $0.30+.

At the moment, bears are in control unless DOGE can reclaim $0.23–$0.24 quickly.

ETF Delay: Short-Term Pain or Long-Term Catalyst?

From a sentiment perspective, Dogecoin ETF delays usually create near-term downside pressure. Traders had priced in bullish speculation, and now those positions are unwinding. But the fact that a spot Dogecoin ETF is even on the SEC’s table is historic. It signals DOGE is no longer just a meme coin—it is being positioned alongside Bitcoin and Ethereum for institutional-grade investment vehicles.

That’s a long-term bullish narrative, and when approvals eventually come, DOGE could see sharp institutional inflows.

Dogecoin Price Prediction: What’s Next for DOGE?

In the short term, expect $Dogecoin to remain under pressure, consolidating between $0.19 and $0.23. A decisive break below $0.19 could accelerate losses to the mid-$0.15 range. On the flip side, if broader crypto sentiment turns positive and $DOGE reclaims $0.25, it could rally toward $0.30 in anticipation of ETF approvals later this year.

What this really means is that the ETF delay has shifted DOGE from bullish breakout mode into cautious consolidation. Traders should watch volume closely—any spike in buying near $0.19 could mark the bottom before the next leg up.

How to Buy Dogecoin(DOGE) on OKX – Step-by-Step Guide

Whether you’re new to crypto or a seasoned trader, buying Dogecoin on OKX is simple. Here’s how:

1. Create an Account: Go to OKX and click Sign Up. Enter your email and set a strong password.
2. Verify Your Identity (KYC): Complete ID verification by uploading a government-issued ID and a selfie. This is required to unlock full trading and withdrawal features.
3. Fund Your Account: Deposit funds via bank transfer, credit/debit card, or crypto transfer. You can fund in USD, EUR, or other supported currencies.
4. Search for DOGE: In the Trade section, search for “DOGE/USDT” or “DOGE/BTC”.
5. Place Your Order: Choose Market Order to buy instantly at the current price. Enter the amount you want to purchase and confirm.
6. Secure Your DOGE: Store your DOGE in the OKX wallet or transfer it to a private wallet for long-term holding.