Dogecoin has recently shown several noteworthy developments. From a positive perspective, if the spot ETF proposal launched by 21Shares can be approved, it is likely to attract significant capital inflows from traditional finance, which would support the price.



However, the reality is not so optimistic. Dogecoin still tends to follow the overall market trend; if major cryptocurrencies adjust, it will be difficult for Dogecoin to remain unaffected. On the technical side, the levels at $0.1828 and $0.2212 have accumulated considerable moving average resistance, making short-term breakthroughs challenging.

Additionally, macroeconomic fluctuations and regulatory policy changes are potential risks. These factors combined increase the uncertainty of future movements, so traders should stay cautious when operating.
DOGE-5,59%
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BlockchainFoodievip
· 5h ago
ngl doge's been seasoned with too many macro risks lately... that ETF approval could be the secret ingredient, but without proper farm-to-fork verification of market conditions, we're just hoping the recipe doesn't burn out. those support levels at 0.1828 and 0.2212? feels like a poorly implemented smart contract waiting to fail tbh
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CexIsBadvip
· 5h ago
That same "positive but will fall" logic again, I'm tired of hearing it.
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GateUser-ccc36bc5vip
· 5h ago
To be honest, Dogecoin is just a follower of the overall market. Even if the ETF passes, it won't change this trend. Wait, are those two resistance levels really that hard to break? It feels like they should have been broken long ago. Macro issues are indeed troublesome. When regulations change, the crypto circle has to tremble along. This has been a recurring problem.
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LiquidityOraclevip
· 5h ago
ETFs passing is pointless; when the market drops, Dogecoin crashes just the same, this is reality. Wait, is the 0.1828 level really that strong? It didn't seem to break a few days ago. Once regulation steps in, all coins have to kneel; don't think about an independent market, just follow the trend honestly. It's hard to understand in the short term; rather than stressing over these resistance levels, it's better to wait for a bottom before buying in. You're right, there's too much uncertainty. Recently, I've been testing the waters with small positions; large funds should wait a bit.
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BlockchainFriesvip
· 5h ago
Doge, can it break through 0.22? It still depends on BTC's mood. Even if the ETF gets approved, it's useless.
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ForkTonguevip
· 6h ago
Wait a minute, we can only celebrate once the ETF is approved. What are we talking about now?
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GateUser-681b5f7cvip
· 6h ago
Recently too weak, the market moves and he can't even move
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