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Dogecoin has surged to a new 7-month high of $0.30, breaking out of a prolonged consolidation phase. Multiple analysts are bullish on the meme coin’s trajectory, suggesting the rally is just beginning. The momentum comes amid anticipation around a potential Dogecoin ETF, though its launch has been delayed.
- DOGE broke out of a consolidation phase around $0.22 on September 7, surging to $0.30—a 7-month high.
- Analysts point to technical indicators like tightening Bollinger Bands as signals for potential triple-digit gains.
- The SEC delayed the launch of the Rex-Osprey DOGE ETF (DOJE) from September 12 to September 18, though hype remains strong.
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