In the vast sea of cryptocurrencies, where the tides of fortune can turn on a whim, Dogecoin has once again found itself at the center of attention. As the broader market experienced a slight chill, sending most crypto assets into a mild downturn, Dogecoin managed to flash a signal that could either be a beacon of hope or a mirage in the desert of speculation.
Over the past 24 hours, the crypto market has seen the liquidation of a staggering $214 million, a figure that would make even the most stoic trader raise an eyebrow. The majority of these liquidations, it seems, were long positions, a sign that the bulls might be taking a much-needed breather.
Amidst this uncertainty, Ali, a seasoned crypto analyst, pointed out a curious development. The TD (Tom Demark) Sequential, a counter-trend indicator known for its uncanny ability to predict market exhaustion, has signaled something intriguing for Dogecoin.
TD Sequential nailed the top, and now it just flashed buy on Dogecoin $DOGE.
– Ali (@ali_charts) September 4, 2025
For those who follow such indicators, this could mean that Dogecoin is on the cusp of a significant price reversal. While the TD Sequential had previously marked the peak of Dogecoin’s recent rally, it is now suggesting that the beloved meme coin might be ready to bounce back.
At the moment, Dogecoin is up a modest 0.2% over the past 24 hours, trading at $0.216. This follows a two-day rise from September 2nd, a period during which the coin showed signs of resilience in a market otherwise plagued by pessimism.
Dogecoin: A Tail Wagging in the Wind?
The future of Dogecoin looks bright, or so the optimists would have us believe. The approval odds for Dogecoin spot ETFs are reportedly sitting at a robust 90%, a figure that has sent ripples of excitement through the community. REX Shares, a prominent player in the financial world, has boldly predicted that the REX-Osprey DOGE ETF, DOJE, is on the horizon. If approved, this ETF would provide investors with a convenient way to gain exposure to Dogecoin’s performance without the hassle of direct ownership.
This week, the commercial arm of the Dogecoin Foundation, House of Doge, announced a partnership with CleanCore Solutions to establish a $175 million Dogecoin treasury. This unprecedented move, sponsored by the Dogecoin Foundation itself, has added a layer of legitimacy to the project. Notably, Elon Musk’s personal lawyer, Alex Spiro, has taken on the role of chairman of the Board of Directors, a development that has sparked both curiosity and skepticism among observers.
Meanwhile, the Securities and Exchange Commission (SEC) continues to review various Dogecoin ETF filings, including one from Grayscale. In a recent tweet, Grayscale highlighted its Dogecoin Trust, an investment vehicle designed to allow investors to participate in Dogecoin’s journey without the need to manage the cryptocurrency directly.
As the market holds its breath, one thing is certain: Dogecoin, with its whimsical logo and devoted community, remains a force to be reckoned with in the crypto world. Whether this latest signal marks the beginning of a new chapter or just another chapter in the ongoing saga, only time will tell. 🚀
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2025-09-04 18:17