Favorite Dogecoin, an Elon Musk cryptocurrency, which began as a joke, after the news of the First Memecoin Excherial Fund (ETF), which appeared alive on Thursday, September 11th.
September 9th. Bloomberg ETF analyst Eric Balchun has confirmed that the first Dogecoin ETF, DJE ETF is scheduled to launch this September 11th, Thursday, using the regulatory fast track, known as the 1940s. The act.
Dogecoin has already shown life signs this week. In the last 24 hours, the price increased by about 7%and trade volume increased by more than 120%as merchants are early.
Doge is still 66% low compared to $ 0.73 in 2021. May 8 Doge traded $ 0.2468 at the time of publication.
“It looks like Dogecoin Etf will be released this week,” Nate Gerasi, president of ETF, said in a X post on Monday. “Get ready. I think we’re going to * wild * for the next 2 months cryptocurrency ETF.”
The ETF allows you to invest in assets such as Dogecoin, without directly cryptocurrency, it trades it as a promotion. Investors choose ETFs for easier access, better safety and do not have to manage wallets or keys. They are regulated, familiar and reduce the risks associated with the self -presumption of digital property.
So the real question is: should you buy Dogecoin before starting the show? Let’s divide.
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Price: $ 0.24731 (+2.34%)
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General signal: Buy
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RSI: Neutral (not yet overloaded)
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Average Movement: Strong Purchase
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Oscillators: Mostly neutral
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Impulse Indicators: Bullh’s Turning
RSI measures whether the property is excessive (> 70) or resold (<30). 62 years of doge is still smaller than too high, it means have space to grow before hitting great resistance.
If RSI crosses 70, care should be taken.
These averages help to determine the direction of the trend. Doge sells well above the main short -term and long -term moving averages (10, 20, 50, 100, 200 days), which is a strong bull signal.
The chart reveals that Dogecoin has been approved in all major periods.
Oscillers such as Macd, Momentum and the amazing oscillator identify trends and acceleration shifts.
The indicators of Macd, Momentum and Awesome generators confirm Bullish Momstum before the Doge Etf launch. (Image: Thestret Round Table)
This means that until the acceleration increases, but the market is not yet resold.
On Thursday, Dogecoin demonstrates strong Bullish technical signals. It is not overestimated, trading above all major average, and acceleration indicators change positively. The chart’s setup reflects against the position of the catalyst, when merchants buy a rumor, hoping for a spike.
If Doge is cleanly out of $ 0.25-0.26, this can lead to a short -term Breacout rally, especially if ETF excitement is spreading.
Dogecoin remains one of the most volatile property of cryptocurrency. His price movement is more determined by the narrative than the basics. “Buy a rumor, sell the news” syndrome is real, and if ETF starts up to expectations, sharp changes are made.
If the musk comments on or after Doge Etf, it could act as a second catalyst and cause another sharp rally. Its influence on Dogecoin sentiments remains unmatched, often causing direct price spikes.
Responsibility Refusal: This article is only for information purposes and there is no financial consultation. Cryptocurrency trade is very speculative and unstable. Always do your research before investing and consider consult with a licensed financial advisor.
Initially, this story was reported by Thestretet in 2025. September 9, where she first appeared in the market department. Add TheStret as the desired source by clicking here.