Dogecoin ETFs Fall Flat at Launch: Critical DOGE Price Levels to Watch

DOGE is up 10% in the past week, but ETF launches in the US saw little interest.

Analyst Ali Martinez outlined the key support and resistance lines, which could determine the asset’s next move if it is broken on either side.

Key Levels for Dogecoin $DOGE:

– Support at $0.08
– Resistance at $0.20 pic.twitter.com/WSVbYdgFHs

— Ali (@ali_charts) November 29, 2025

It has been quite a long time since the OG meme coin traded anywhere near Martinez’s support level. The last time DOGE was below $0.10 and close to $0.08 was in the summer of last year, when it was successfully tested and made a huge run to almost $0.50 after the US presidential election.

In contrast, the resistance at $0.20 was last visited a month ago. After giving in, DOGE experienced a painful fall that resulted in a low at $0.135 before staging a relief rally to the current $0.15.

These support and resistance levels come at an interesting time for Dogecoin. What started as a joke a decade ago has now grown into a legitimate financial product whose performance is tracked by a number of US exchange-traded funds.

After Grayscale’s DOGE Trust converted into a spot ETF last Monday, Bitwise announced launching its own product on Wednesday called BWOW.

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“DOGE is just a 12-year-old coin, based on a photo of a cute dog, people doing it right, and the common ideal in crypto that people should have the freedom to do whatever they want. And against all odds, it has retained its relevance – and its value – longer than just about anything else in crypto,” commented Bitwise CEO Hunter Horsley.

However, data from SoSoValue shows that demand for the meme coin was nowhere to be found during its debut week. Total net inflows amounted to just over $2 million at the end of the week, well behind the XRP and SOL figures in the early weeks.