Dogecoin Price Prediction ETF Progress And Key Levels Could Drive 30 Percent Move

21Shares Updates DOGE ETF Filing, Institutional Interest Heats Up

Dogecoin’s market sentiment has surged recently, as 21Shares has once again submitted an updated DOGE ETF application to the US SEC. This product will stand alongside Grayscale’s GDOG and Bitwise’s BWOW, further establishing DOGE’s footprint in traditional financial markets. It provides institutional investors with a direct channel to access Dogecoin.

The revised filing sets the ETF management fee at 0.50%, calculated daily and paid weekly in DOGE. While no fee waivers have been announced, the market widely anticipates such measures will be introduced before the ETF officially launches.

Key Partners Revealed in the Filing

The filing also confirms the ETF’s core service providers, including:

• The Bank of New York Mellon: Administration, cash custody, and conversion services
• Anchorage Digital Bank & BitGo: Additional cryptocurrency asset custodians
• Wilmington Trust NA: Trustee
• Foreside Global Services: Marketing
• Cohen & Company: Accounting and audit

If approved, the ETF will list on Nasdaq under the ticker TDOG and track the CF Dogecoin-Dollar US Settlement Price Index. Additionally, 21Shares US LLC will pre-purchase $1.5 million in DOGE as seed capital for the ETF, ensuring stable liquidity on its first trading day.

DOGE Technical Price Analysis

Cryptocurrency analyst Kevin (@Kev_Capital_TA) notes that Dogecoin is at a critical technical inflection point, with both short- and long-term trends poised for significant shifts.

• Main resistance: $0.19 (0.5 Fibonacci retracement)
• Key support: $0.093 (0.236 Fibonacci retracement + long-term trendline)

Kevin also highlights that the $0.138 zone could mark a potential bottom for DOGE’s correction cycle. This is contingent on two key conditions:

1. DOGE must hold the 0.382 retracement zone and the 200-week moving average, while maintaining an upward structure in the 3-day to weekly closing prices.
2. Bitcoin must show strength on higher timeframes to confirm a broader market counter-trend move.

If both conditions are met, DOGE could rebound from the lows, retest the upper end of its price range, and potentially trigger a larger trend extension.

You can trade DOGE spot here: https://www.gate.com/trade/DOGE_USDT

Summary

With 21Shares updating its DOGE ETF filing, confirming key partners, and making steady progress toward a Nasdaq listing, Dogecoin is once again attracting attention from both institutional and retail investors. Technical indicators suggest a breakout may be imminent following a period of consolidation. If DOGE holds critical support and Bitcoin demonstrates market strength, a 20-30% price swing could unfold in the coming weeks. The combined impact of ETF-driven capital inflows and pivotal technical indicators may drive the next significant price movement for DOGE.