Key facts: Dogecoin breaks triangle pattern; 21Shares launches crypto ETFs
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- In December 2024, Dogecoin cleared a long-running descending triangle pattern amid a crypto market boom, subsequently retesting the former trendline, a typical step following a breakout.1
- Dogecoin (DOGEUSD) may rise if it holds above $0.1680, with resistance at $0.1760, $0.1820, and $0.1880.2
- 21Shares has launched two crypto index ETFs, including Dogecoin, marking the first registration of these ETFs under the Investment Company Act of 1940.3