$DOGE The pullback is giving people a chance to get in. Dogecoin will also face Bitwise closing its BWOW Dogecoin ETF next week, with the last trading day set for October 14.
According to documents the fund filed with the Securities and Exchange Commission, Bitwise expects to convert the fund’s Dogecoin holdings into cash during liquidation, but hasn’t specified how much DOGE it will sell.
Turning back to the broader market, the price is currently around 0.086 and has pulled back along with the wider market. The next support level is around 0.084. If it holds firmly, we could see a rebound; if it breaks below that level, the price may move toward 0.08–0.078.
Personally, I’d actually be happy to see DOGE reach 0.08. I’m still fairly bullish on Dogecoin’s performance in the fourth quarter, so I’ll get in on this pullback, with an initial target around 0.12.
$DOGE
According to documents the fund filed with the Securities and Exchange Commission, Bitwise expects to convert the fund’s Dogecoin holdings into cash during liquidation, but hasn’t specified how much DOGE it will sell.
Turning back to the broader market, the price is currently around 0.086 and has pulled back along with the wider market. The next support level is around 0.084. If it holds firmly, we could see a rebound; if it breaks below that level, the price may move toward 0.08–0.078.
Personally, I’d actually be happy to see DOGE reach 0.08. I’m still fairly bullish on Dogecoin’s performance in the fourth quarter, so I’ll get in on this pullback, with an initial target around 0.12.
$DOGE