The launch of u.s. spot doge etfs, coupled with bitcoin's recent rally, provides significant bullish catalysts. technical analysis points to potential breakouts from bullish patterns with targets as high as $0.27.
The analysis is based on a combination of fundamental news (etf launches), expert crypto analyst ali's technical levels (support/resistance from glassnode urpd), and widely recognized chart patterns (inverse head-and-shoulders, falling wedge).
Despite a slight weekly decline, the market sentiment is buoyed by the new etf pathways and btc's strength. multiple bullish technical patterns, including an inverse head-and-shoulders and a falling wedge, indicate strong potential for upward movement, targeting $0.179 and possibly $0.27 if key resistance is broken.
While short-term support and resistance levels are in play, the full impact of new regulated investment vehicles like etfs and the complete formation and breakout from larger technical patterns (like the inverse head-and-shoulders targeting $0.179 and the falling wedge aiming for $0.27) typically unfold over a longer time horizon.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Dogecoin rose for five days at a stretch, from Nov. 22 to 26, reaching a high of $0.1567 before slightly declining. Advertisement Dogecoin's rise coincided with the Wall Street launch of the first U.S. spot DOGE ETFs , providing new investment pathways. Grayscale’s GDOG launched on NYSE Arca, with a modest $1.41 million in day-one volume and zero net inflows. Bitwise’s BWOW ETF also opened trading, expanding regulated pathways for traditional investors to access DOGE . HOT Stories Morning Crypto Report: Is It Too Late to Buy Shiba Inu (SHIB)? Elon Musk's SpaceX Resumes Strange Bitcoin Activity, $1,000,000,000 Ripple Stablecoin Gains Traction in UAE Crypto Giant Upbit Discloses $37 Million Hack on Solana Network Ripple Accelerates RLUSD Mints on XRPL XRP Price Forms Golden Cross, Shiba Inu Makes 1.36 Trillion SHIB Comeback, Legendary Trader Brandt Reveals ‘Dead Cat’ on Bitcoin (BTC) Chart – Crypto News Digest Bitcoin also rose above $91,000, partly reversing last week's slide and lifting the rest of the crypto market higher. At press time, Dogecoin was up 2.27% in the last 24 hours to $0.1534 and down 2.37% weekly. Advertisement Two key levels now crucial As Dogecoin awaits its next move on the markets, Ali, a crypto analyst highlights two key levels for bulls and bears to watch based on Glassnode's UTXO Realized Price Distribution (URPD). $0.080 is the key support for Dogecoin $DOGE , while $0.20 stands as the main resistance. pic.twitter.com/1yCNAhqTDk — Ali (@ali_charts) November 27, 2025 In a recent tweet, Ali indicated "$0.080 as the key support for Dogecoin (DOGE), while $0.20 stands as the main resistance." As reported, Dogecoin held firm through repeated tests of these levels despite broader market volatility. Ali noted that Dogecoin had tested this level five times in a row. A broader structure suggests an inverse head-and-shoulders pattern, which would target $0.179 once completed, alongside a rising channel. On the 12-hour chart, a large falling wedge is formed that suggests a potential move toward $0.27 if positive macro catalysts return to the markets. DOGE’s ability to hold support above $0.1548 might set the stage for a retest of $0.157, while a drop below $0.152 risks a return to the $0.1499 low. A breakout from the rising channel pattern would target $0.16, $0.179 and then $0.27. #Dogecoin News #Dogecoin