The preparation of the price of Dogecoin indicates a 30 % jump with the approaching date of Doge Etf star-news.press/wp

The price of Dogecoin decreased to the level of decisive support, pointing to a final recovery with the approaching date of the DOGE ETF approvals.

Dogecoin (DOGE), the largest Mimi currency, was traded at $ 0.2180, a decrease of 24 % of its highest point in July. This decline decreased to 32 billion dollars.

Dogecoin Price has two main stimuli that may push it up in the long run. One of them is that Alex Spereo, the lawyer for Eileon Musk, will be the Speaker of the House of Representatives, a $ 200 million company that raised $ 200 million to collect Doge Tokens.

The new plan can reflect what other companies have done in the past few month. BitMine and Sharplink accumulates icons (ETH) worth billions of dollars.

Likewise, other companies, such as Gamestop, Metaplanet, and strategy, accumulate Bitcoin. More companies buy symbols such as TON and XRP.

Another prominent catalyst for the Dogoin price is the next deadline for Spot Doge Etf. SEC set the deadline of BitWise and Grayscale Doge ETFS on October 18 and 21 Shares One on January 9.

Polymarket Data It indicates that the possibilities of the DOGE ETF spot jumped to 80 %. As such, there is a possibility that Doge Price will rise to the date of approval.

Technical analysis of the price of Dogecoin

The daily time frame scheme shows that the price of Doug has been pressured in the past few weeks. She moved from a height of $ 0.2875, her highest point in July.

On the positive side, the currency remained over the rising trend line that connects the lowest fluctuations since June. I moved over the Si -moving average for 100 days, while the real average domain decreased.

Therefore, the distinctive symbol is likely to recover and potentially reach $ 0.2875, an increase of 32 % of the current level. Less move than the moving average and the rising trend line will nullify the upscale expectations.