Dogecoin is brewing a new round of explosion? Three major signals point to the mid-term target of US$0.48?

ELON 2025-10-15 21:54 40767人围观 DOGE

VX has recently had severe risk control, you can add Penguin number: 3838974575 The current price of Dogecoin (DOGE) is hovering around US$0.19, which constitutes short-term key support, while 0.16 The US dollar area builds a secondary line of defense to

VX’s risk control has been serious recently, you can add Penguin number: 3838974575

The current price of Dogecoin (DOGE) is hovering around $0.19, which forms a key short-term support, while the $0.16 area builds a secondary line of defense, providing a solid base for the market.

Judging from the market structure and capital signals, multiple positive factors are gathering momentum, and Dogecoin may be at the starting point of a new round of mid-term upside.

Whales make frequent fund-raising actions, and exchange chips continue to flow out

On-chain data reveals that large amounts of Dogecoin are flowing from exchanges to cold wallets, with the total transfer amounting to $149 million in a certain 24-hour period alone. This means that circulating chips are being locked in and market selling pressure has dropped significantly.

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More representatively, the size of the group of large investors with holdings of more than 1 million DOGE has steadily expanded since the beginning of the year. The continued accumulation of whale holdings not only reduces the market's tradable supply, but also sends an obvious long-term bullish signal.

Expectations at the institutional level are heating up, and ETF progress releases positive signals

There are also good news from the institutional side.

According to public information, 21Shares’ DOGE ETF has been included in the DTCC pre-issuance list and is expected to receive formal approval in the U.S. SEC’s resolution in October 2025.

Market betting platform Polymarket shows that the DOGE spot ETF’s approval probability has exceeded 99%.

Although the regulatory progress will not immediately push up prices, it clearly strengthens the market's long-term confidence in DOGE and creates conditions for the return of funds.

The technical structure is healthy and the upside space is still open

Observed from the weekly level, DOGE has maintained within the long-term rising channel since 2023 and formed a series of "higher lows" in 2024–2025, with good trend continuation.

The current key resistance level is $0.36. If it can be effectively broken through and accompanied by heavy volume, the Fibonacci extension target points to $0.48, and it may even test the $0.50 area if it rises further.

However, for this trend to occur, three conditions still need to be met:

Breaking through and holding above $0.36 resistance；

Currency holdings on exchanges continue to decline, and whale holdings remain active；

The market's overall risk appetite has rebounded.

Against the backdrop of the gradual realization of these conditions, DOGE's medium-term upward logic remains solid.

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