Dogecoin has been consolidating steadily in recent weeks, maintaining a bullish bias as investors speculate on an upcoming ETF approval.
The memecoin’s price has remained in a defined accumulation range, attracting attention from both retail traders and institutional players.
However, while Dogecoin offers potential short-term gains, experts are increasingly pointing to
Market analyst Trader Tardigrade has highlighted a broadening wedge forming on Dogecoin’s weekly chart, a pattern historically linked to sharp upward swings.
Previous occurrences of similar structures triggered rallies exceeding 120% and 190%, pushing DOGE toward its $0.77 peak.
Should the same cycle play out again, projections indicate the next major target could stretch as high as $1.4.
On shorter timeframes, Dogecoin has been trading in an accumulation band between $0.21 and $0.30 since February.
Higher lows are beginning to appear, signalling stronger buyer conviction. A decisive break above $0.25 could open the path to $0.30, with momentum capable of retesting $0.50.
The recent filing by Grayscale with the US Securities and Exchange Commission for a Dogecoin Trust ETF under ticker $GDOG has reignited institutional interest.
This vehicle would allow investors to gain exposure to DOGE spot prices while keeping assets secure under Coinbase Custody.
Analysts believe regulatory approval could attract new liquidity and institutional inflows, with October 2025 seen as a decisive month for outcomes affecting Dogecoin’s trajectory.
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With tangible applications, robust infrastructure, and growing adoption,
Analysts suggest that while Dogecoin may see moderate growth from ETF approval, Remittix represents the next wave of crypto investment for those prioritizing both utility and massive returns.
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