Dogecoin has regained momentum with a 40% rally in just a week, sparking optimism that it could retest $0.40 soon. After climbing to $0.29 before easing back, the coin is once again attracting bullish speculation from both retail traders and institutions. After climbing to $0.29 before easing back, the coin is once again attracting bullish speculation from both retail traders and institutions. Analysts regard this surge as part of a broader meme rotation, with liquidity shifting to the tokens with strong communities and new narratives. That shift sparks interest not only in DOGE’s breakout potential but in other meme coins getting heavy FOMO. MAGACOIN FINANCE interestingly stands out, with some analysts predicting that it may deliver 350x returns in 2025. Dogecoin technical setup The Dogecoin price recently emerged from a multi-month symmetrical triangle: a textbook bullish continuation. With trading volumes going up to three times as much, buyers have a strong conviction on that move. The chart predictions from the breakouts put near-term goals in the range of $0.40–$0.45, and subsequently $0.60. Its point of resistance is going to be a challenge to momentum before another move up. For the bullish case to remain intact, DOGE price must hold support near the 50-week EMA at $0.227. A price drop below that threshold may invalidate the breakout and lead the price back to about $0.215. Momentum indicators are also biased in favor of upward movement. RSI remains below oversold territory, and a recent MACD crossover suggests continued strength and buying interest. ETF buzz and market drivers Dogecoin’s outlook is also based on the imminent ETF launch. REX-Osprey’s DOGE ETF will arrive on September 18, according to the RIC scheme. The structure allows a faster launch but carries heavier tax burdens and weaker institutional appeal. Analysts caution this could limit inflows compared to spot ETFs for Bitcoin and Ethereum. On the other hand, 21Shares and Grayscale have spot DOGE ETF applications pending SEC action, which are expected to be issued in October. If approved, that could give Dogecoin greater institutional support — while delays might even slow near-term momentum. Meme coin face-off Analysts are comparing Dogecoin price with MAGACOIN FINANCE as meme rotation gains strength. Projections of 350x ROI have made MAGACOIN FINANCE one of the most hyped tokens of the year, with traders rushing to gain exposure. On the other hand, Dogecoin price remains the veteran. It is supported by years of community loyalty, merchant adoption, and cultural relevance. Furthermore, its size also provides stability, even though it can limit explosive short-term growth. By contrast, MAGACOIN FINANCE represents the new wave of meme speculation. Its political-themed branding has resonated with a growing base of retail traders, fueling rapid momentum and widespread FOMO. Analysts say it appeals most to investors seeking high-risk, high-reward plays. Together, the two coins illustrate different sides of the meme market: DOGE as the established heavyweight, MAGACOIN FINANCE as the aggressive newcomer with sky-high projections. Conclusion Dogecoin price movement towards $0.40 is technically sound with the right technical trends and increasing trading volume. Moreover, future ETF launches and regulatory action will determine the continuation or stagnation of momentum at resistance. However, meme rotation continues to channel attention into fast-moving opportunities. MAGACOIN FINANCE has captured this energy with its bold forecasts, cultural relevance, and a fast-growing community. Its 350x projections reflect the appetite for asymmetric returns seen in the past memecoin rallies. For investors, the choice is less about one or the other and more about strategy. Dogecoin offers resilience, while MAGACOIN FINANCE offers urgency and potential for exponential upside. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance The post Dogecoin price forecast: can DOGE revisit $0.40 with meme rotation back in play? appeared first on Invezz
