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Breaking News: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal

Dogecoin Price Falls 4% Today but Analysts Say Nasdaq Listing Could Reignite $1 Target

James Halver
James Halver
3 hours ago
2 mins read
dogecoin doge dogeusd

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The Dogecoin price slipped roughly 4% on the day and 24% on the week, hovering near $0.20–$0.21 at press time.

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While the pullback cools last week’s rebound, analysts say fresh Nasdaq-listing headlines and ETF momentum could reset the narrative and revive the long-standing $1 target if key levels hold.

Dogecoin DOGE DOGEUSD

DOGE's price trends to the downside on the daily chart. Source: DOGEUSD on Tradingview

Nasdaq Listing & Dogecoin ETF Buzz Put $1 Back in Sight

The House of Doge, a corporate arm tied to the Dogecoin Foundation, plans to go public via a $50 million merger with Brag House Holdings (NASDAQ: TBH).

The new entity is set to steward an ecosystem treasury of 837 million DOGE and push DOGE integrations across gaming, campus sports, and digital media, bringing the brand closer to mainstream finance and culture.

At the same time, Dogecoin ETFs from issuers such as 21Shares, Bitwise, and Grayscale are on the SEC’s docket, with early DOGE products already drawing over $30 million despite higher fees.

A green light for lower-cost funds could funnel new, regulated demand into DOGE, historically a catalyst for liquidity and price discovery across crypto.

Key levels: $0.20 support, $0.23–$0.25 and $0.29–$0.30 Resistance

Dogecoin Price action remains balanced on a knife-edge. Traders flag $0.200 as critical support; losing it risks a slide toward $0.178.

On the upside, initial resistance sits at $0.214 and $0.229, with a broader supply zone at $0.241–$0.254. A daily close above $0.25 opens a run at $0.29–$0.30, the area many watch for a breakout confirmation.

Technically, DOGE recently printed hammer/morning star patterns off the lows, while momentum has cooled to neutral, often a staging zone before the next directional move. For swing traders, $0.18 (support) and $0.25 (resistance) are the immediate invalidation/continuation lines.

Whales accumulate as Weekly Triangle Coils

On-chain, whales soaked up roughly $42 million in DOGE during the dip, signaling confidence as price continues to coil inside a multi-month triangle on the weekly chart. Historically, DOGE’s long compressions have preceded outsized expansions.

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BNB’s Comeback Meal — Trader Says The Token Ate The Dump For Breakfast

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A decisive break above $0.30 would align with that pattern and shift near-term targets to $0.49 and ultimately the psychological $1 over a longer horizon, particularly if Nasdaq listing progress and ETF approvals land in sync.

Cover image from ChatGPT, DOGEUSD chart from Tradingview

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James Halver
James Halver

James Halver

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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The highest standards in reporting and publishing
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