Dogecoin struggles below $0.10 amid Bitwise ETF closure and key resistance levels.
Dogecoin is trading near $0.093, close to key moving-average support but faces multiple resistance levels before reaching the important $0.10 mark. The Bitwise Dogecoin ETF is set to liquidate by October 14, which may dampen sentiment despite its small asset size. Technical indicators show neutral momentum, with support around $0.0932-$0.0940 and resistance at $0.0937 and $0.0986. A sustained break above these could lead to a test of $0.10, but downside risks remain if support fails. Meanwhile, DogeOS's public testnet launch adds a positive development narrative but has limited immediate price impact.
Dogecoin is trading near $0.093, close to key moving-average support but faces multiple resistance levels before reaching the important $0.10 mark. The Bitwise Dogecoin ETF is set to liquidate by October 14, which may dampen sentiment despite its small asset size. Technical indicators show neutral momentum, with support around $0.0932-$0.0940 and resistance at $0.0937 and $0.0986. A sustained break above these could lead to a test of $0.10, but downside risks remain if support fails. Meanwhile, DogeOS's public testnet launch adds a positive development narrative but has limited immediate price impact.
What's Your Reaction?
