Dogecoin Rallies 18% on ETF Inflows and Technical Breakouts
Dogecoin (DOGE)
Editor:
Eugene Serbin
Benzinga.com reports that Dogecoin gained approximately 18% over the past week as Bitcoin approached $87,000. This momentum was supported by a technical trend reversal and renewed spot ETF inflows. Crypto analyst Kevin Capital noted that Dogecoin cleared its daily bear-market resistance for the first time in this cycle.
He identified the $0.107-$0.118 zone as the next area of upside following the breakout. Trader Tardigrade observed a monthly bullish pennant that briefly broke down before Dogecoin reclaimed the pattern. The trader characterized the move below the pennant as a false breakdown and liquidity sweep that kept the continuation structure intact.
Crypto trader Scient identified a potential bottom structure on the weekly chart with a possible higher low. Scient highlighted a reclaim and bounce on the three-day chart but expects a retrace toward the $0.08-$0.09 area to fill gaps. Institutional flows also picked up, with U.S. spot Dogecoin ETFs recording $1.17 million in daily net inflows on September 22. This was the strongest daily inflow since monthly flows reached $2.15 million in May 2026.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 23 September 2026. Not the outlet's figures.
Whalio data shows Dogecoin trading at $0.1004 with a 1-hour buy ratio of 60.7%, indicating strong immediate buying pressure. This 1-hour reading is significantly higher than the 4-hour buy ratio of 51.3% and the 24-hour buy ratio of 51.0%, suggesting that buying intensity is building in the short term. The volume delta reflects this activity, with +$1,029,468 in the last hour and +$1,704,852 over four hours. Over the past 24 hours, the volume delta stands at +$4,538,146, confirming sustained demand. The Cumulative Volume Delta closed at +$10,017,466, showing that buyers have dominated the session. Net buying occurred for 19 of the last 24 hours, highlighting a consistent preference for long positions.
The latest daily buy ratio of 37.6% sits at the 0th percentile of the last 322 days, against a median of 48.9% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for DOGE, averaged over the days leading up to the story.
Comparing today's activity to the preceding week reveals a shift in trading behavior. The current 24-hour buy ratio of 51.0% is slightly above the weekly average of 48.7%, a difference of 2.3 points. Volume for the day is 2.29 times the weekly average, indicating an unusual level of activity. While the weekly average saw only one day of net buying, today contributes to a broader trend of increased engagement. This surge in volume and buy ratio marks a notable deviation from the previous seven days of trading.