DOGE ETF may be born this week! If approved by the SEC, DOGE could soar to a high of $3.65.

DOGE price has recently made a strong Rebound, rising over 20% from the low of 0.2047 USD on September 1st. The main reason for this is the market's high expectations for the official launch of the first DOGE ETF in the United States this week. If the ETF is approved, DOGE is not only expected to break through the psychological barrier of 1 USD, but technical analysis also suggests that its potential target price could reach 3.65 USD, with some analysts even calling for a long-term maximum price of 10 USD.

The first DOGE ETF is about to launch

(Source: Polymarket)

Product Name: Rex-Osprey DOGE ETF (Code: DOJE)

Meaning: The first DOGE ETF in the United States allows traditional investors to indirectly invest in meme coins through the securities market.

Market Reaction:

ETF Store President Nate Geraci stated that this week could become an "exciting moment" for crypto ETFs.

The SEC is expected to make a ruling in mid-October on Grayscale's application to convert the DOGE trust into an ETF.

Polymarket predicts that the probability of the DOGE ETF spot being launched in 2025 is as high as 91%.

The Potential Impact of ETF on DOGE

The launch of the DOGE ETF signifies that meme coins are transitioning from internet cultural symbols to mainstream financial products:

Lowered investment threshold: Traditional investors can participate directly through brokers.

Institutional adoption increases: more capital inflows enhance liquidity and price stability.

Brand value enhancement: DOGE moves from a "joke coin" to an asset allocation tool.

Technical Analysis: Multiple Patterns Indicate Significant Pump Potential

1. Weekly Chart – Ascending Triangle

(Source: Trading View)

Resistance level: 0.27 USD

Breakthrough target: $0.50 (+110%)

If the weekly close is above 0.27 USD, it will confirm the breakout and open up the upside.

2. Monthly Chart – Cup and Handle Pattern

(Source: Trading View)

First target: After breaking through 0.42 USD, look up at 1.40 USD (+495%)

Radical target: Depth calculation points to $3.65

3. Long-term Wave Analysis

Analysts at XForceGlobal predict that this cycle DOGE may reach a new high of 1 dollar.

Elliott Wave Theory Extreme Scenario: DOGE could reach 10 USD

Short-term and Long-term Outlook

Short-term Catalyst:

ETF approved and listed

The SEC's positive ruling on other crypto ETFs

Long-term driving force:

Institutional holding ratio increases

The adoption rate of DOGE as a payment tool is expanding (Tesla, PayPal, Revolut, etc.)

Conclusion

The launch of the DOGE ETF could become a catalyst for a historic breakthrough in DOGE prices. If it breaks through the key resistance of $0.27 in the short term, the technical analysis will point to $0.50, with the potential to challenge the range of $1.40 to $3.65 in the medium to long term. For believers, the "ultimate target" of $10 may seem aggressive, but under the dual push of ETF funds and institutional adoption, it is no longer just an unattainable dream.