Will Dogecoin (DOGE) Experience a Drastic Drop? Check out the Prediction!

Jakarta, Pintu News – Dogecoin (DOGE), the cryptocurrency known for ‘memecoin’, is facing increasing selling pressure in the crypto market. In recent months, Dogecoin (DOGE) has been one of the worst performing cryptocurrencies. This is because investors have failed to push the price above the expected critical levels.

Dogecoin (DOGE) Price Analysis

According to leading analyst, Eliz, the Dogecoin (DOGE) price is at great risk if it cannot sustain its current price. The danger zone mentioned is around $0.14. If market participants fail to defend this zone, there is a possibility that Dogecoin (DOGE) will continue to slide to the $0.12 to $0.08 range. This would be a significant drop, given that the currency hasn’t touched that level since 2024.

In recent times, Dogecoin (DOGE) has recorded significant losses across various timeframes. This suggests that there is increased selling pressure affecting the price of this currency. Investors and crypto market watchers should pay close attention to Dogecoin (DOGE) price movements in the near future.

Also Read: Ethereum (ETH) Prepares for a Surge: Bullish Signs Strengthen

Dogecoin (DOGE) Price Recovery Possible

Chris Burniske, former principal crypto analyst at Ark Invest, stated that the altcoin sector is showing some strength despite the huge Bitcoin (BTC) sell-off. Although Bitcoin (BTC) seems to be on the decline, Ethereum (ETH) and Solana (SOL) still look quite healthy. This strength could give Dogecoin (DOGE) the boost it needs to recover.

If altcoin season is truly here, it could be a golden opportunity for Dogecoin (DOGE) to improve its position in the market. The strength shown by Ethereum (ETH) and Solana (SOL) could indicate that all hope is not lost for Dogecoin (DOGE). Investors may see this as an opportunity to buy at a low price before the price starts to rise again.

Conclusion

The current situation faced by Dogecoin (DOGE) is a severe test for its supporters. While there are some factors that could help the price recover, such as strength in the altcoin sector, the risk of a further decline is still very real. Market participants should consider all of these factors before making an investment decision in Dogecoin (DOGE).

Read More: Will Selling Pressure Shake Chainlink’s Bullish Dominance?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Dogecoin Price Enters Alarm Zone, Major Move Coming. Accessed on June 19, 2025
• Featured Image: Bitcoin Sistemi