Dogecoin price coils within falling wedge ahead of ETF launch, targets $0.25

Dogecoin has experienced a notable rise in value as anticipation builds around the upcoming launch of Grayscale's Dogecoin ETF, scheduled for November 24, 2025. Analysts attribute this increase to a combination of meme enthusiasm and institutional inflows, despite ongoing technical uncertainties in the market.

Bitcoin and Ether have faced significant outflows from exchange-traded funds (ETFs), with Bitcoin experiencing a record $903 million exit, reflecting growing investor caution amid fears of a bear market. In contrast, Solana has seen a notable increase in ETF inflows, showcasing a divergence in market sentiment.

Dogecoin has shown signs of a potential recovery, as crypto analyst Bitguru identifies a bullish trend that has previously led to significant price rallies. This trend involves a pattern of price crashes into demand, followed by consolidation, and ultimately a rally. Currently, Dogecoin is in a consolidation phase, which may set the stage for another upward movement.

Arthur Hayes has predicted that Bitcoin could surge to between $200,000 and $250,000 by year-end, despite recent price drops attributed to a dollar liquidity crunch and ETF outflows. This forecast comes as Bitcoin's price recently fell to around $80,000, which Hayes believes marks a significant bottom for the cryptocurrency.

Bitcoin has reached multimonth lows, with NYDIG research indicating a structural pullback rather than mere emotional selling. The same capital that previously drove Bitcoin's price to its October peak is now exiting the market, highlighted by significant ETF outflows and a reduction in stablecoin supply.

Grayscale has announced the launch of its Dogecoin and XRP exchange-traded funds (ETFs), which are set to begin trading on the New York Stock Exchange (NYSE) on November 24, 2025. This marks a significant milestone for Grayscale as it expands its product offerings in the cryptocurrency market, allowing investors to gain exposure to these popular digital assets.

Dogecoin's market structure is currently focused on a critical support level around $0.138, as highlighted by analyst Kevin. This price point is seen as pivotal for the meme coin's potential recovery from a recent downturn, with technical indicators suggesting it is a significant confluence of macro Fibonacci retracement, a 200-week simple moving average, and an ascending trendline. As of now, DOGE is trading in the mid-$0.14s after experiencing a steep selloff.

Grayscale's Dogecoin and XRP exchange-traded funds (ETFs) have received approval for listing on the New York Stock Exchange (NYSE), with trading expected to commence later today. This marks a significant milestone for Grayscale as it expands its product offerings in the cryptocurrency market.