Dogecoin Price Prediction Ahead of SpaceX IPO This Week
Highlights
- DOGE traders weigh SpaceX IPO buzz as price holds support.
- A breakout above 0.09 would take Dogecoin price to $0.10 next.
- CMF inflows intensify, and RSI DOGE momentum is neutral.
Dogecoin price is trading higher as traders watch renewed market interest before the expected SpaceX IPO this week.
DOGE price surged by 1.47% in the last 24 hours to $0.0865, outperforming the wider crypto market. The total crypto market gained 0.78% to $2.18 trillion during the same period.
Bitcoin price remained close to $62,000, and Ethereum traded at $1,600. XRP also retained close to $1.17, with a consistent demand on the major tokens.
SpaceX IPO Sparks Fresh Dogecoin Market Speculation
SpaceX is expected to begin trading on Nasdaq on June 12 under the ticker SPCX. The Elon Musk-founded company has reportedly set its IPO price at $135 per share.
The valuation of SpaceX might be close to 1.77 trillion basing on the number of shares offered. That would result in the listing as one of the largest market debuts. Dogecoin traders have also made an interest in the anticipated IPO.
Musk has a long history with DOGE, which tends to speculate at the key events related to his firms. Nonetheless, Dogecoin does not have a direct relationship with the public listing of SpaceX. The sentiment and Musk-related trading stories are the primary market drivers of interest.
$SPCX: SpaceX IPO week 🚀
SpaceX’s highly anticipated initial public offering is scheduled for Friday, June 12, marking the largest public stock debut in history.
The company will trade on the Nasdaq exchangeunder the ticker symbol $SPCX pic.twitter.com/6yEZzhlOUq
— Space Investor (@SpaceInvestor_D) June 8, 2026
The IPO might also transform the personal wealth estimates of Musk. An open market value of SpaceX would appreciate a significant portion of his portfolio. It is reported he has a stake worth over $866 billion upon listing.
Dogecoin Price Could Rebound From Massive On-Chain Base
Dogecoin price is attracting new market attention following the mention of a massive on-chain support area by Ali Charts. The chart shows that over 30 billion DOGE has moved close to $0.081. That level now represents a big historical cost basis to holders.
Over 30 billion Dogecoin $DOGE tokens were last transacted at the $0.081 level.
This represents a massive historical cluster of spot exposure, creating strong psychological and financial support. https://t.co/PZF6VdhAfL pic.twitter.com/Ky2eXPeYo5
— Ali Charts (@alicharts) June 9, 2026
The cluster can enhance buyer confidence when the price re-enters the region. Nevertheless, traders continue to monitor larger market direction and then validate a more robust recovery within the next few sessions in favor of bulls.
Is DOGE Price Ready For A Breakout This Week?
The DOGE price was at $0.085 on the 4-hour chart, with slight weakness towards the resistance.
Dogecoin was still undermining the $0.090 resistance zone following the regainment of the $0.080 support zone.
The RSI was almost at 48.62, and this indicates that the momentum is neutral after experiencing a rebound. Meanwhile, the CMF rose to 0.27, showing stronger capital inflows into DOGE.
An upside breakout of above $0.090 might open the next target of $0.10. Should buyers continue to momentum, the future Dogecoin outlook can retest the $0.105 region.
Nonetheless, the rejection around $0.090 can leave DOGE within the range. The next bearish target at $0.075 may be revealed upon a decline below $0.080.
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Frequently Asked Questions (FAQs)
1. Why is Dogecoin price rising this week?
2. Why is the SpaceX IPO important for Dogecoin?
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