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Dogecoin (DOGE) returned to traders’ radar after a leveraged Dogecoin ETF posted one of 2026’s strongest starts. Bloomberg ETF analyst Eric Balchunas flagged a 2x DOGE ETF among the early-year leaders.
DOGE also rebounded from a Jan. 5 low near $0.146 to around $0.152. Traders now watch whether ETF activity can support a wider Dogecoin price recovery.
The 21Shares 2x Long Dogecoin ETF (ticker: TXXD) started trading on Nasdaq on Nov. 20, 2025. The fund targets twice DOGE’s daily move, before fees and expenses, and it resets each day. The issuer listed a 1.89% fee for the product. SEC filings say the fund gains exposure through financial instruments, not spot DOGE. Daily leverage can diverge from two-times returns over longer holding periods.
Eric Balchunas said the 2x DOGE ETF ranked with a 2x semiconductor single-stock ETF early in 2026.
The list suggested that traders favored high-volatility vehicles across themes. Market participants often read those rankings as a sentiment signal, not a direct driver. Even so, strong performance can keep Dogecoin ETF products in view during risk-on stretches.
DOGE formed a V-shaped rebound after a sharp drop to $0.1461 on January 5. Buyers pushed the price through the mid-$0.15 range and tagged $0.1536 during the recovery leg. Trading activity rose during the rebound, with about 880 million tokens changing hands in the most active hour.
After the surge, DOGE consolidated near $0.150 and tested $0.145 during a late pullback. Buyers defended that zone and limited follow-through selling, which kept the price above the $0.145 support. Resistance sits near $0.1540–$0.1543, while $0.1461 remains the key downside level for the pattern.
Recent performance metrics also improved across short windows. DOGE rose about 0.4% over 24 hours and nearly 23% over the week. The token gained more than 14% over two weeks, while monthly gains stayed smaller. Even so, DOGE remains about 60% below its 2025 highs.
Also Read: Dogecoin News Today: DOGE Price Holds Near Key Support as DOGE ETF Inflows Remain Weak
Crypto ETF inflows helped power last year’s rally and expanded access for traditional investors. As exchange-traded crypto products widened, traders tracked whether flows could reinforce spot demand. For DOGE, persistent ETF interest could add steadier participation than short bursts of retail momentum.
In addition, DOGE’s rebound aligned with gains across other meme coins, including PEPE, BONK, and SHIB. That rotation often appears when major crypto prices stall and traders seek higher volatility. Even after the recent bounce, DOGE still trades far below its 2025 highs, so the recovery gap remains large.
As long as DOGE holds $0.1513, traders may look for another test of $0.1540–$0.1543. A break above that cap can shift focus to higher resistance pockets and short-term extensions. If the price loses $0.1513, traders may refocus on $0.1461 and the prior demand zone. Market participants will also watch volume changes, ETF flow trends, and the $0.15 area for directional cues.
