Dogecoin fell from a peak of 0.2889 USD on September 19 to a low of 0.2631 USD on September 21, creating a “death cross” on the hourly chart as the short term MA crossed below the long term MA, a signal often viewed as negative. Currently, DOGE is fluctuating around 0.267 USD, down 5.46% for the week. Important support is at 0.2568 USD, while breaking above 0.29 USD could pave the way to 0.36–0.45 USD according to technical analysis.
In the investment product sector, Grayscale has filed to convert the DOGE trust fund into the GDOG ETF on NYSE Arca, while Rex Osprey has just launched the first spot DOGE ETF in the US ( code DOJE), attracting 17 million USD in the first 24 hours. This is considered one of the most impressive ETF launches of 2025. Additionally, Cleancore Solutions has also added 100 million DOGE, bringing the total treasury to over 600 million DOGE.
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