Dogecoin Gains 18% in a Week as ETF Inflows Return – What’s Next?

Dogecoin (CRYPTO: DOGE) accumulated gains of about 18% over the past week as Bitcoin (CRYPTO: BTC) chased $87,000. Technical trend reversal and renewed spot ETF inflows add another tailwind for the meme coin.

Crypto analyst Kevin Capital said Tuesday that Dogecoin cleared its daily bear-market resistance "for the first time this cycle", signaling that the broader trend could be turning bullish.

What Happens After Resistance Break

Kevin identified $0.107-$0.118 as the next upside zone following the breakout.

Trader Tardigrade also sees Dogecoin’s bullish setup returning, pointing to a monthly bullish pennant that briefly broke down before DOGE reclaimed the pattern.

On Sep. 23, the trader characterized the move below the pennant as a false breakdown and liquidity sweep, arguing that the recovery keeps the continuation structure intact.

A sustained breakout from the pennant could strengthen the case for further upside, according to the trader.

Why Trader Eyes Retest?

Crypto trader Scient sees a potential bottom structure developing on Dogecoin’s weekly chart, with DOGE potentially forming a higher low.

On the three-day chart of DOGE/USDT, the trader highlighted a move below key support and resistance, followed by a reclaim, retest and bounce.