{"id":125331,"date":"2026-01-07T12:30:18","date_gmt":"2026-01-07T12:30:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=125331"},"modified":"2026-01-07T12:30:18","modified_gmt":"2026-01-07T12:30:18","slug":"catalysts-that-suggests-the-dogecoin-price-rally-could-continue","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=125331","title":{"rendered":"Catalysts That Suggests The Dogecoin Price Rally Could Continue"},"content":{"rendered":"

Several catalysts have emerged that point to a sustained upward momentum<\/a> for the Dogecoin price. This comes amid DOGE\u2019s 26% gain to begin the year, with the meme coin now looking to break above the $0.15 resistance.\u00a0<\/p>\n

Factors That Could Contribute To A Sustained Dogecoin Price Rally<\/h2>\n

One factor pointing to a sustained Dogecoin price rally is the recent inflows into DOGE ETFs. SoSoValue data<\/a> show that Bitwise and Grayscale\u2019s funds have recorded net inflows on two of the three trading days this year. Notably, the Dogecoin ETFs<\/a> recorded inflows of $2.30 million and $1.60 million on January 2 and 5, respectively. This marked the first consecutive daily net inflows since December 3 last year.\u00a0<\/p>\n

The daily net inflows into the DOGE ETFs indicate a renewed interest among institutional investors in the meme coin, which is a positive for the Dogecoin price<\/a>. DOGE could see a sustained rally if the inflows into these funds continue. Notably, Bloomberg analyst Eric Balchunas noted<\/a> that a 2x Dogecoin ETF has had the best start to the year among all ETFs, up almost 40%.\u00a0<\/p>\n

Furthermore, activity in the derivatives market also supports a sustained rally for the Dogecoin price. CoinGlass data<\/a> shows that traders on top exchanges such as Binance and OKX are currently long. The long\/short ratio on Binance is 2.06, well above 1. The long\/short ratio for top traders on Binance<\/a> is at 2.5, which is also a huge positive.\u00a0<\/p>\n

Further data from CoinGlass also shows that the derivatives trading volume has surged over 2% to $5.60 billion. However, open interest has dropped by almost 7% to $1.78 billion, likely due to the market volatility as long positions were wiped out.\u00a0<\/p>\n

DOGE Eyes Break Above $0.15<\/h2>\n

Crypto analyst ZiP stated in an X post<\/a> that on the daily chart, the Dogecoin price is currently reacting to a local resistance at around $0.15. He further remarked that if the $0.15 resistance<\/a> breaks, the next zone that the DOGE price may aim for is around $0.24. The analyst noted that this is where the first significant Fibonacci level, measured from the entire bearish move, is located.\u00a0<\/p>\n

Meanwhile, ZiP mentioned that an additional reference point is the daily pivot at $0.1288, which he noted in the short term defines the market\u2019s equilibrium level<\/a>. Crypto analyst Trader Tarigrade revealed<\/a> that the Dogecoin price has broken out of a falling wedge, showing strong upward momentum. Based on this, he predicted that DOGE is ready for a major surge, although he warned that the meme coin might retrace briefly.\u00a0<\/p>\n

Related Reading: Dogecoin Price Could Rally To All-Time Highs If It Breaks This Resistance Level<\/a><\/p>\n

At the time of writing, the Dogecoin price is trading at around $0.148, down over 2% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Several catalysts have emerged that point to a sustained upward momentum for the Dogecoin price. This comes amid DOGE\u2019s 26% gain to begin the year, with the meme coin now looking to break above the $0.15 resistance.\u00a0 Factors That Could Contribute To A Sustained Dogecoin Price Rally One factor pointing to a sustained Dogecoin price […]<\/p>\n","protected":false},"author":0,"featured_media":125332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125331"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125331"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125332"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}