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The SEC has postponed its decision on the Bitwise Dogecoin ETF but here’s why this delay might be bullish for DOGE traders. Explore price predictions and key indicators to watch.
Dogecoin Price Prediction After SEC ETF Delay: Opportunity or Obstacle?
Dogecoin, the meme-inspired cryptocurrency that’s become a symbol of internet culture and community-driven finance, has just hit another moment of regulatory suspense. The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the much-anticipated Bitwise Dogecoin ETF but this isn’t necessarily bad news. In fact, it could be laying the groundwork for a strategic rally.
Despite a 4% dip over the past week, Dogecoin (DOGE) remains up 8.5% over the past month and an impressive 26% over the past year. Now ranked as the eighth-largest cryptocurrency by market cap, DOGE’s current momentum suggests more than just meme power it signals growing mainstream interest.
We also had the SEC delay decisions on Ethereum Staking and Dogecoin ETFs today. I am expecting more delays today or at least this week on some Solana and Hedera/HBAR ETF filings. This is expected IMO. Final deadlines for most of this stuff is in October 2025 or later. https://t.co/kOZNCSjy6c
— James Seyffart (@JSeyff) April 29, 2025
SEC Delays DOGE ETF Decision — But the Market Isn’t Surprised
The delay by the SEC was widely expected. Bitwise originally submitted the ETF application in January, capitalizing on a surge in market optimism following Donald Trump’s inauguration. Since then, the ETF has gained traction, especially after NYSE Arca filed a formal proposal to list and trade DOGE ETF shares.
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Still, regulatory processes move slowly. The new provisional deadline is now June 17, although the SEC legally has until October to issue a final ruling. That extended window has raised questions among retail traders and institutional investors alike: will Dogecoin stay flat until autumn, or is a bullish breakout still on the horizon?
On-Chain and Market Signals Suggest Accumulation Phase
While some investors may view the delay as a reason for caution, market indicators tell a more nuanced story. In fact, several technical signals point to a potential breakout phase forming under the radar:
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Relative Strength Index (RSI): Dogecoin’s RSI has climbed above 50, an important psychological and technical level. This suggests the coin has shifted from oversold territory into a period of gradual accumulation and potential bullishness.
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Moving Averages: DOGE’s 30-day moving average is rising again after a recent low, heading toward its 200-day average. This convergence often signals a trend reversal a classic setup before an upward breakout.
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Polymarket Predictions: Over on decentralized prediction platform Polymarket, optimism around DOGE ETF approval in 2025 has actually increased. Just five days ago, odds stood at 52%; now they’re hovering near 69%. That’s a strong vote of confidence from savvy market speculators.
"Greed Is Good (GIG) – Inspired by Gordon Gekko’s legendary words, this coin is all about the power of smart investing! "
Medium- and Long-Term Price Targets: Is $0.70 Still on the Table?
For short- to mid-term traders, the $0.30 level is shaping up as a reasonable target. Should broader crypto sentiment remain positive especially with improving macroeconomic indicators and crypto ETF developments across other assets DOGE could retest previous highs.
In the long run, if Bitwise’s Dogecoin ETF gains SEC approval by the October deadline, a price surge to $0.70 isn’t out of the question. That level would reflect renewed institutional interest, media hype, and a broader acceptance of Dogecoin as a legitimate financial asset beyond its meme roots.
Final Thoughts: Don’t Sleep on DOGE
While delays often spark panic in volatile markets, this particular pause from the SEC appears to be more procedural than problematic. Dogecoin’s fundamentals and technicals remain intact and possibly stronger than many realize.
"Richie Rich (RICH) – Inspired by the cartoon character we all wished we could be, this coin screams wealth and success! "
Traders and investors would do well to watch for bullish confirmation signals, keep an eye on June’s ETF update, and stay alert for momentum shifts on social media and volume surges across exchanges.
The next few months could be surprisingly eventful for Dogecoin. If history repeats itself, a quiet market phase like this often precedes major moves. Don’t blink.
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