Dogecoin Hits Multi-Month High, Veteran Trader Says It’s A Critical Progress

According to veteran trader Peter Brandt, Dogecoin’s price has pushed back above the $0.3 mark, a level that traders watched closely this ￰1￱ Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back TradingView data shows an 11% rise in a session that sent the coin to a multi-month high, and the move has drawn fresh attention ahead of the first spot DOGE ￰2￱ is high and many eyes are now on how long buyers can hold ￰3￱ Coin Retakes A Key Level Based on reports, the rebound came even after the planned ETF launch was ￰4￱ analysts Eric Balchunas and James Seyffart said the REX-Osprey fund has been pushed to next week and will hold spot DOGE among other ￰5￱ structure could allow some institutional money to get exposure without direct custody of all holdings ￰6￱ breakthrough for $DOGE ￰7￱ — Peter Brandt (@PeterLBrandt) September 13, 2025 Analysts Set Stretch Targets Crypto analysts have offered a range of upside ￰8￱ Marks put a breakout target at $0.6533, which would be more than 100% above current prices and sit below the all-time high of $0.73.

Shorter-term levels mentioned by traders include resistance near $0.26 and a next target around $0.45. Price action shows five green sessions out of the last six and a tight range forming between the 200-day EMA and that resistance zone, signs that buying pressure has increased in the near ￰9￱ Part 3: Another ￰10￱ next ￰11￱ ￰12￱ Thur. ￰0￱ — Eric Balchunas (@EricBalchunas) September 11, 2025 Whales, Volume And Technical Signals Reports have highlighted strong whale buys at current ￰13￱ token briefly rose to about $0.2840, its highest reading since July 21, and 24-hour volume has climbed above $5 ￰14￱ monthly RSI recently posted a positive crossover, a technical hint some traders call bullish.

Still, many warn that a firm monthly close will be needed to confirm a longer trend change and that quick swings remain ￰15￱ Context And What Comes Next A clean move above $0.26 is being watched as a confirmation point by several ￰16￱ that level gives way, momentum could carry prices to $0.45 and then to $0.80 under a sustained buying ￰17￱ ETF timing matters: calendar shifts like the recent delay can nudge sentiment, but the rally has continued even without the fund listing, suggesting other buyers are already positioning ahead of any formal ￰18￱ Reading: Dogecoin Breaks Out With A 32% Surge: Time To Buy Or Too Late To Chase? Nowhere But Up Dogecoin’s reclaim of $0.3 marks a clear shift from recent weakness and signals renewed upside potential if buyers hold key ￰19￱ of whale accumulation, a surge in 24-hour volume above $5 billion, and technical moves such as the monthly RSI crossover all add to a bullish case, while the delayed REX-Osprey ETF launch keeps some uncertainty in ￰20￱ Brandt called the move a “huge breakthrough”, a phrase that captures why traders are watching the monthly close and whether the coin can press toward targets like $0.6533 and levels near its $0.73 ￰21￱ image from Pixabay, chart from TradingView