Dogecoin eyes $0.95 as ETF buzz and bullish breakout patterns point to explosive price potential - IcoHolder.

Dogecoin is once again in the spotlight as bullish technical patterns and growing excitement around ETF developments fuel speculation of a major rally. The memecoin, which has long been the subject of internet-driven hype, is now flashing a historical signal that previously preceded gains as high as 560%, with price projections reaching toward $0.95.

Over the past 18 months, Dogecoin has displayed a consistent cyclical behavior—trading within a downward-sloping channel before staging explosive breakouts. Analysts have identified three such events, where DOGE surged 90%, 215%, and most recently, 440%. With each rally growing larger, traders are closely watching what appears to be the formation of a fourth similar setup.

According to chart analysis from Bitcoinsensus, Dogecoin has now broken out of another descending pattern, a move reminiscent of its prior breakout points. Currently trading around $0.24, the coin could potentially soar to $0.95 if this cycle continues, representing a possible 560% upside.

Adding to the momentum is a wave of optimism surrounding Dogecoin exchange-traded funds. Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission for a 21Shares Dogecoin ETF, which would be backed by actual DOGE tokens held in custody by Coinbase. Grayscale has also filed for its own Dogecoin ETF. While neither has received regulatory approval yet, the anticipation alone has helped drive DOGE’s price up 48% this year.

If the ETF applications are approved, analysts believe Dogecoin could surpass the $0.50 mark in the near term. Coupled with the bullish chart pattern and increasing institutional interest, the stage may be set for another dramatic Dogecoin surge.