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Dogecoin rockets 10%, hello Uptober!

Dogecoin rockets 10%, hello Uptober!

Kriptoworld2025/10/02 16:00
By: by kriptoworld
DOGE-2.67%

The cheeky dog-themed digital darling, just rolled out the red carpet for its first golden cross in October, aka Uptober.

The month where crypto usually throws a party. This golden cross is no ordinary event tho, it’s that spicy moment when the short-term 50 moving average zooms above the long-term 200 MA, signaling bullish vibes ahead.

More fuel for crypto fire

This latest golden cross popped up on Dogecoin’s hourly charts, sending price charts into a frenzy. Sure enough, DOGE didn’t disappoint, leaping nearly 10% in the last 24 hours.

DOGE/USD Hourly Chart, Courtesy: TradingView

At the time of writing, Dogecoin danced around $0.257, basking in an 11% weekly rise as the entire crypto market caught a tailwind.

And all this happened while the U.S. government tried, and spectacularly failed to spook crypto assets during a potential shutdown.

Instead, traders shrugged, seeing this as a cue for looser global liquidity and, of course, more fuel for crypto fires.

Dogecoin ETF

Analysts say Dogecoin’s support level sits comfortably at around $0.237, with resistance looming near $0.269.

Should it blow past that, expect $0.288 to come into play, and a decisive break there could see DOGE charging toward $0.32, a bullish dream fueled by investors hungry for ETFs.

Speaking of ETFs, October is shaping up to be a blockbuster month. The U.S. Securities and Exchange Commission is knee-deep in decisions on several spot ETF applications.

Grayscale’s move to turn its Dogecoin Trust into a full-blown ETF has a mid-October deadline to watch, and don’t forget the Bitwise Dogecoin ETF still waiting in the regulatory bullpen.

Stay ahead in the crypto world – follow us on X for the latest updates, insights, and trends!🚀

Uptober

Dogecoin’s growth reflects a bigger crypto market revival, pushing total capitalization to $4.08 trillion.

The green wave is sweeping through major players, proving once again that Uptober isn’t just a cute nickname, but it’s a force to reckon with.

In short, the golden cross is flashing like a bright beacon, and with ETFs looming on the horizon, Dogecoin’s little rocket ship might just be gearing up for another stellar takeoff. Woof!

Dogecoin rockets 10%, hello Uptober! image 0 Dogecoin rockets 10%, hello Uptober! image 1
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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