Analyst Explains What Can Trigger DOGE’s Next Double-Digit Surge

Meanwhile, the cooling interest in the spot DOGE ETFs might be a warning sign. The OG meme coin was rejected even before it had the chance to truly challenge the $0.10 resistance earlier this week, but it has rebounded from the subsequent multi-day low. Popular analyst Ali Martinez noted that a breakout might indeed be brewing, but the asset would have to overcome a key resistance level to do so. However, the ETF inflows do not support this thesis. 14% Move Next? Recall that Dogecoin surged to $0.104 during the market-wide rally on September 22-23 before the bears stepped up and pushed it south hard. In the span of just several hours, the meme coin slumped to $0.92. Since then, it has tried to take down to $0.10 resistance on several occasions, but to no avail. The latest rejection came on Friday amid the market-wide crash that drove BTC down by over $3,500. DOGE, on the other hand, dipped from $0.098 to $0.091 before it rebounded to $0.092-$0.093 during the weekend. Martinez noted that the asset’s consolidation phase inside a descending triangle continues on the 4-hour chart. Dogecoin would have to overcome $0.095 decisively and close above it on the same timeframe, which would co...