DOGE to skyrocket by 50%? Renowned analyst: DOGE to hit 0.45 USD in September

DOGE is once again trending in the market. Renowned analyst Ali Martinez's latest prediction shows that this largest meme coin in the world is expected to pump to $0.45, which means an increase of nearly 50% from the current price level. With the key resistance level being broken, boosted by ETF news and a recovery in retail investor demand, September could be the trigger point for DOGE's next major market movement.

Key Breakthrough: $0.27 Resistance Level Finally Broken

(Source: Trading View)

As of September 15, DOGE is priced at $0.296, with a daily pump of over 6%. More importantly, the price has successfully broken through the long-term resistance level of $0.27—this level had blocked the upward trend throughout the summer.

Historical trends show that once DOGE turns key resistance into support, a rapid pump often occurs. The current technical targets sequentially point to $0.39, $0.43, and ultimately challenge $0.45.

ETF and retail investor demand boost

The launch of the new DOGE ETF has injected fresh capital and confidence into the market.

Retail investors are returning: community activity is rising, and trading volume is increasing.

Improvement in capital: ETFs provide traditional investors with a new channel to enter DOGE.

Technical analysis combined: the upward momentum strengthens after breaking through the consolidation zone.

Differences from the 2021 Market

If DOGE rises to 0.45 USD, it will return to the price level of the end of 2021. However, unlike back then, this round of increase is based on a long-term bottom formation of 0.20 ~ 0.25 USD, rather than a short-term surge followed by a drop, making the price structure more robust and the technical pattern more mature.

Risk and Key Support

The key to the bulls' confidence lies in holding the current bottom:

Main support: $0.27

If it breaks down: momentum will weaken, and the price may fall back to historical ranges.

Short-term observation: The trend in September may indicate the next major wave for DOGE.

Conclusion

DOGE is at a critical moment where technical and fundamental aspects resonate. Breaking through the 0.27 USD resistance level, along with ETF news and the return of retail investors, provides a solid foundation for its push towards 0.45 USD. Traders and investors should closely monitor the market performance in September, as this could be the starting point for DOGE's next major pump.