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Dogecoin prices bucked the trend and rose by 7%, with spot ETF inflows zero

2026-07-13 12:36:09
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Dogecoin prices bucked the trend and rose by 7%, with zero inflows into spot ETF

Dogecoin prices rose by about 7% in the past 24 hours, despite zero net inflows in spot ETF products. This rise was not accompanied by new institutional demand, so it attracted market attention. At the same time, analysts pointed out that technical indicators are in a historically oversold range and there is strong support, which may affect the next stage of Dogecoin's trend.

Demand for Dogecoin ETF is weak, but prices are still rising

According to SoValuedata, the three spot Dogecoin ETF products owned by Gray, 21Shares and Bitwise all reported zero net inflows on the day. The total cumulative net inflow remained at US$7.45 million, and total net assets were US$9.27 million. Despite the lack of new investment, the price of Dogecoin rose from about US$0.094 to above US$0.100, and then fell slightly. Trading activity on ETF products continued, but new admission funds failed to follow up. Analysts believe that the broader crypto market is still in a consolidation phase, limiting institutional participation, despite improved prices.

Analysts focus on key prices, dogcoin is supported

Technical analysts are optimistic about dogcoin prices after the recent rebound. Cryptollic noted that DOGE's Relative Strength Index has hit a record low for the asset, describing it as a potential long-term accumulation range. However, this only represents the opinion of analysts and is not a confirmed market result. Another analyst, CW, emphasized that a trend line extending by approximately $0.072 supported a buying range. The analyst also pointed out that there is obvious selling pressure around US$0.077, but the current market price is above that level.

The latest rebound came after gaining strong defense near the US$0.09 support area. Dogecoin prices currently face immediate resistance of approximately US$0.101 (50-day moving average). If this level can continue to break through, it may open a channel for an impact on US$0.12; while if the support of US$0.09 is lost, it may weaken the recent rebound momentum.

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