DOGE News: Crypto Analyst Predicts Imminent Rally for Dogecoin

A prominent crypto analyst has identified Dogecoin (DOGE) as a prime buy opportunity, citing bullish technical patterns that suggest a potential price surge. Here’s why Dogecoin could be gearing up for a significant rally.

Crypto Analyst Says It’s Time To Buy Dogecoin Again, Here’s Why

A crypto analyst has identified Dogecoin (DOGE) as a top buy opportunity, sharing a technical analysis of the meme coin’s future trajectory and potential for a significant price surge. The analyst, CobraVanguard on TradingView, has discovered two bullish chart patterns in the 4-hour time frame: an Ascending Triangle and another pattern suggesting a strong rally may be imminent. The Ascending Triangle is formed by a flat horizontal resistance line and a rising support line, indicating a potential price breakout to the upside.

Bitwise Files for a Dogecoin (DOGE) ETF with US SEC

Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The news broke after the company submitted its registration to the Delaware Department of State’s Division of Corporations on Jan. 23, a decision confirmed by Matt Hougan, Bitwise’s Chief Investment Officer, per a report from The Block. The 'Bitwise Dogecoin ETF' is the first attempt by any financial institution to bring a DOGE-focused ETF into the highly regulated U.S. market. The decision comes as no surprise to those watching its recent resurgence under the Trump administration, thanks to 'First Buddy' Elon Musk. Created in 2013 by Billy Markus and Jackson Palmer, Dogecoin was designed as a satirical take on the growing cryptocurrency market.

Bitwise Seeks Approval For Dogecoin ETF In Delaware: What It Means For DOGE

In a significant development for both the memecoin and the broader cryptocurrency landscape, Bitwise Asset Management has filed for a Dogecoin ETF in the state of Delaware. This application marks a notable addition to the growing roster of exchange-traded products aimed at providing investors with new avenues for cryptocurrency exposure.