{"id":31474,"date":"2025-06-12T07:31:46","date_gmt":"2025-06-12T07:31:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31474"},"modified":"2025-06-12T07:31:46","modified_gmt":"2025-06-12T07:31:46","slug":"dogecoin-drops-7-after-brief-rally-amid-rising-hopes-of-a-doge-etf","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31474","title":{"rendered":"Dogecoin Drops 7% After Brief Rally Amid Rising Hopes of a DOGE ETF"},"content":{"rendered":"<div>\n<p>Dogecoin DOGE experienced sharp swings over the past 24 hours, initially surging to 20 cents before falling to 19.1 cents, representing a 6.63% range. <\/p>\n<p>The meme coin formed a V-shaped recovery pattern late in the session, climbing back to $0.192 with rising volume, though resistance remains firm around just above 20 cents.<\/p>\n<h4><strong>News Background<\/strong><\/h4>\n<ul>\n<li>Dogecoin\u2019s latest price action comes amid renewed interest in meme tokens following a series of crypto market shake-ups.<\/li>\n<li>Speculation around a possible DOGE ETF has gained traction, with Polymarket data indicating a 51% chance of SEC approval in 2025 \u2014 a development that could inject institutional capital into the market.<\/li>\n<li>Meanwhile, Dogecoin\u2019s integration with Coinbase\u2019s Base network is adding functional value, introducing wrapped DOGE into DeFi ecosystems for the first time on a large scale.<\/li>\n<li>The meme coin\u2019s ability to draw high-volume support near key levels suggests that institutional buyers may be quietly building positions, even as retail traders remain cautious.<\/li>\n<\/ul>\n<h4><strong>Technical Analysis Breakdown<\/strong><\/h4>\n<p>\u2022 DOGE surged from $0.196 to $0.204 (4.08%), then reversed sharply to $0.191 (6.63% range). <\/p>\n<p>\u2022 Resistance confirmed at $0.203\u2013$0.204 after three rejections on heavy volume (&gt;1B units at 07:00). <\/p>\n<p>\u2022 Support formed at $0.192, with brief rebounds from this level despite weakness. <\/p>\n<p>\u2022 Final hour drop from $0.192 to $0.190 followed by a quick V-shaped recovery to $0.192. <\/p>\n<p>\u2022 Accumulation signs emerged with volume increasing past 2.3M in final minutes.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin DOGE experienced sharp swings over the past 24 hours, initially surging to 20 cents before falling to 19.1 cents, representing a 6.63% range. The meme coin formed a V-shaped recovery pattern late in the session, climbing back to $0.192 with rising volume, though resistance remains firm around just above 20 cents. News Background Dogecoin\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31474","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31474"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31474\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}