Dogecoin Surges on ETF Inflows and Technical Breakout
Dogecoin (DOGE) has seen a series of positive developments that have lifted its price to around $0.095. Over the past three weeks, Dogecoin ETFs recorded consistent inflows, growing from $12 million to $16.2 million. The inflows started with $284,500 in the first week, jumped to $2.8 million in the second, and added $327,360 in the third week. Despite being modest compared to Bitcoin ETFs, the steady demand marks a shift for the memecoin.
The DogeOS public testnet launched on September 30, allowing developers to test payments, trading, lending, and games built on top of DOGE. Separately, Metallicus introduced DogecoinVM, which connects Dogecoin to the Metal network, aiming to make transactions faster with instant finality. Analyst Crypto Patel highlighted a longer-term chart pattern, noting that DOGE has held a five-year ascending channel since 2021 and broke its multi-year downtrend from the 2024 all-time high.
Technically, Dogecoin formed its first daily golden cross since August 2025, with the 50-day moving average crossing above the 200-day moving average. This signal comes after a rebound from a low near $0.06 in mid-August 2026. The next key resistance levels are at $0.106, with potential targets set at $0.28, $0.75, and $2.00, according to Patel. The RSI remains above neutral, and on-balance volume has climbed to about 154.31 billion.
Traders are watching whether DOGE can clear $0.095 and $0.098 decisively. A break past $0.106 could open the door toward $0.12 and then $0.16. The last golden cross in September 2025 preceded a run to $0.30, though the rally did not sustain, and DOGE later fell to $0.09 during an October flash crash.