Key Notes
- Bulls efficiently defended the $0.26 help stage regardless of multi-month highs close to $0.29 going through rejection final week.
- Futures quantity dropped 26% whereas open curiosity fell 4% as merchants decreased leverage publicity amid uncertainty.
- Technical indicators recommend impartial momentum with potential for $0.32 breakout if ETF approval materializes Thursday.
Dogecoin
DOGE
$0.27
24h volatility:
1.0%
Market cap:
$40.58 B
Vol. 24h:
$3.87 B
worth rose 1% intraday as bulls defended the $0.26 help stage. After testing multi-month peaks close to $0.29 on ETF hypothesis final week, optimism stays sturdy forward of Dogecoin ETF verdicts anticipated Thursday.
Nonetheless, Elon Musk’s latest strikes doubling down on Tesla and Fed price considerations have imposed short-term bearish sentiment on Dogecoin markets.
Guys…. he’s tweeting concerning the inventory. He’s shopping for the inventory. Daddy’s dwelling.
Tesla is again. https://t.co/rNfIMMrG4j
— Greggertruck (@greggertruck) September 15, 2025
On Monday, the billionaire entrepreneur introduced a $1 billion purchase of Tesla shares, his first main response after Oracle founder Larry Ellison overtook him as the world’s richest man via an AI deal with NVIDIA.
Daddy may be very a lot dwelling.
Am burning the midnight oil with Optimus engineering on Friday evening, then redeye in a single day to Austin arriving 5am, get up to have lunch with my children after which spend all Saturday afternoon in deep technical evaluations for the Tesla AI5 chip design.
Fly…
— Elon Musk (@elonmusk) September 16, 2025
Musk additional emphasised his concentrate on Tesla whereas responding to group hypothesis on X on Tuesday.
Dogecoin derivatives market evaluation, Sept 16, 2025 | Supply: Coinglass
Dogecoin derivatives markets additionally priced within the potential impacts of Elon Musk’s consideration shifting in direction of Tesla, on the expense of initiatives like Dogecoin.
In accordance to Coinglass, Dogecoin futures buying and selling quantity plunged 26.39% to $9.41 billion, whereas open curiosity fell 3.85% to $5.35 billion. This represents over $200 million in liquidated open positions regardless of 1% spot worth good points inside the final 24 hours.
This alerts that whereas some Dogecoin merchants are front-running potential ETF approval with spot purchases, short-term speculators trimmed leverage publicity in response to Musk’s newest pivot in direction of Tesla and the looming Fed rate decision.
Dogecoin Worth Forecast: Can Bulls Reclaim the $0.29 Peak?
Dogecoin worth stays in impartial territory, having retraced from the native excessive of $0.29 final week to maintain the $0.26 help line on Tuesday.
If declining open curiosity triggers sell-offs in spot markets, the Keltner Channel midline close to $0.246 presents preliminary help in opposition to downswings. Nonetheless, a detailed under that stage might see Dogecoin worth fall towards the decrease boundary at $0.21.
Dogecoin (DOGE) Technical Worth Forecast | TradingView
The MACD stays constructive however exhibits flattening momentum, suggesting bulls could also be dropping floor. For DOGE to retest $0.29, consumers should reclaim the $0.28 resistance zone with quantity help.
If the ETF verdict lands favorably, this breakout might validate a run towards $0.32, marking a recent excessive for Dogecoin worth in 2025.
Conversely, failure to defend $0.26 forward of the Fed choice might see DOGE fall right into a consolidation vary between $0.21 and $0.24.
Snorter Presale Nears $4M as Dogecoin Merchants Search Options
As Dogecoin’s worth swings round ETF hypothesis and Elon Musk’s newest Tesla investments, Snorter Bot, a Solana-based presale venture, can be gaining market traction.
Snorter presents ultra-low transaction charges, lightning-fast execution, and unique early entry to token launches.
Snorter Bot Presale
The SNORT token presale has already raised $3.9 million of its $4.4 million goal, with momentum accelerating as merchants rotate capital from risky majors into early-stage alternatives. With lower than 24 hours earlier than the following worth improve, potential buyers can nonetheless enter by way of the official Snorter website.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material.
Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting numerous Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is presently finding out for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.
