Dogecoin started the week strong, boosted by anticipation for the launch of Grayscale’s Dogecoin ETF. Technical indicators show mixed signals, with a bounce from a key Fibonacci level but negative momentum on the MACD. Despite institutional support, Dogecoin’s price is still influenced by meme-driven enthusiasm. Analysts predict potential short-term price swings based on ETF inflows. The market’s positive mood overshadowed concerns about the disbanding of the Department of Government Efficiency, which shares the same initials as Dogecoin. AI forecasts a moderate price range for Dogecoin by 2025, depending on market conditions. Grayscale’s Dogecoin ETF has launched, with other ETF products expected soon. Technical indicators remain mixed, with the rally driven by ETF excitement.

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